Total bids
23
23 including cancelled tenders
Awarded
3
11 lost · 0 still pending
Awarded value
₹51.1 L
of ₹12.4 Cr bid — 4.1% conversion
Win rate
13.0%
of 23 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count23 bids
13.0%
39.1%
47.8%
Awarded313.0%
Pending00.0%
Tech rejected939.1%
Lost1147.8%
By value₹12.4 Cr
85.6%
10.2%
Awarded₹51.1 L4.1%
Pending₹00.0%
Tech rejected₹10.6 Cr85.6%
Lost₹1.3 Cr10.2%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
3 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedCorrosion Matters awardedOthers
Recent tenders awarded to Corrosion Matters
- Specialized diagnostic testing and repair of transformer rectifier units under NRPLIndianOil · 20 Dec 2022₹11.5 L
- Group-B- AC interference survey for SMPL (Salaya Mathura Pipeline-CM section)IndianOil · 26 Nov 2021₹13.9 L
- Supply of Permanent Electrodes and CP Control CardsIndianOil · 21 May 2018₹25.8 L
About Corrosion Matters
Corrosion Matters appears as a bidder on 23 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 23 decided bids, it was awarded 3 — a 13.0% win rate — worth ₹51.1 L in total. Its most recent award on record is from 20 Apr 2024.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 42.3% above the lowest bid (L1).
It most often bids against TechnoCorr Engineering Pvt Ltd, SARK EPC PROJECTS PVT. LTD and Cormit Elect Projects Private limited. TechnoCorr Engineering Pvt Ltd bid on 14 of the same tenders and won 1 of them; Corrosion Matters won 2.