BHARAT SERUMS AND VACCINES LIMITED - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

26 including cancelled tenders

Awarded

7 lost · 0 still pending

Awarded value

₹20.3 Cr

of ₹113.3 Cr bid — 17.9% conversion

Win rate

60.9%

of 23 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count23 bids

60.9%

30.4%

Awarded1460.9%

Pending00.0%

Tech rejected28.7%

Lost730.4%

By value₹113.3 Cr

17.9%

40.4%

41.6%

Awarded₹20.3 Cr17.9%

Pending₹00.0%

Tech rejected₹45.8 Cr40.4%

Lost₹47.2 Cr41.6%

Where they win

10 authorities · 6 states

Top buyer organisations

Maharashtra Medical Goods Procurement Authority Mumbai₹15.1 Cr74.3%

Secretary Health and Family Welfare Department₹4.0 Cr19.7%

All india Institute of Medical Sciences Bilaspur₹71.8 L3.5%

Department of Health and Family Welfare Services₹50.2 L2.5%

Municipal Corporation of Delhi₹2,9520.0%

Operating states

LowHigh

Maharashtra₹15.1 Cr

Tripura₹4.0 Cr

Puducherry₹50.2 L

Haryana₹2,675

Uttarakhand₹649

Assam₹148

3 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

Cipla Ltd14 wins · 19 shared tenders

₹23.3 Cr

won head-to-head

Reliance Life Sciences Pvt. Ltd.14 wins · 18 shared tenders

₹47.4 Cr

won head-to-head

Abbott India Limited9 wins · 14 shared tenders

₹19.2 Cr

won head-to-head

Mankind Pharma Limited4 wins · 13 shared tenders

₹74.7 Cr

won head-to-head

LUPIN LIMITED8 wins · 13 shared tenders

₹46.8 L

won head-to-head

WALLACE PHARMACEUTICALS PVT. LTD.4 wins · 13 shared tenders

₹4.0 Cr

won head-to-head

Rival awardedBHARAT SERUMS awardedOthers

Recent tenders awarded to BHARAT SERUMS

E-215/MMGPA/ Essential Medicines (2025-26)Maharashtra Medical Goods Procurement Authority Mumbai · Maharashtra · 25 Jul 2026₹15.1 Cr
e-Tender for procurement of MedicineSecretary Health and Family Welfare Department · Tripura · 1 Jul 2026₹3.8 Cr
RATE CONTRACT SUPPLY OF DRUGS (INJECTIONS, PATCH, RESPULES, VACCINE, MDI, SUPPOSITORY, SACHET, IV FLUIDS, ANTISEPTIC, DISINFECTANT AND CONTROLLED SUBSTANCES/NARCOTICS DRUGS ETC.All india Institute of Medical Sciences Bilaspur · 9 Jun 2026₹71.8 L
RATE CONTRACT FOR Group no.4, Injection, I.V.Fluids, Solutions.Municipal Corporation of Delhi · 20 May 2026₹2,952
Online Tender for the Rate Contract for the supply of Medicines to Various Hospitals of Government of Haryana for a Period of Two Years For Group A MedicinesHaryana Board Corporation · Haryana · 27 Jan 2026₹2,675

About BHARAT SERUMS AND VACCINES LIMITED

BHARAT SERUMS AND VACCINES LIMITED appears as a bidder on 26 government tenders on record, from 15 buyer authorities in 10 states. Of its 23 decided bids, it was awarded 14 — a 60.9% win rate — worth ₹20.3 Cr in total. Its most recent award on record is from 25 Sept 2026.

Its largest buyer by awarded value is Maharashtra Medical Goods Procurement Authority Mumbai, at 74.3% of what it has won, out of 10 authorities that have awarded it work. Most of its awards come from Maharashtra, Tripura and Puducherry. On priced bids, its median quote is 55.6% above the lowest bid (L1).

It most often bids against Cipla Ltd, Reliance Life Sciences Pvt. Ltd. and Abbott India Limited. Cipla Ltd bid on 19 of the same tenders and won 14 of them; BHARAT SERUMS AND VACCINES LIMITED won 11.