Total bids
66
66 including cancelled tenders
Awarded
32
23 lost · 0 still pending
Awarded value
₹4.2 Cr
of ₹11.1 Cr bid — 37.9% conversion
Win rate
48.5%
of 66 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count66 bids
48.5%
16.7%
34.8%
Awarded3248.5%
Pending00.0%
Tech rejected1116.7%
Lost2334.8%
By value₹11.1 Cr
37.9%
45.1%
17.0%
Awarded₹4.2 Cr37.9%
Pending₹00.0%
Tech rejected₹5.0 Cr45.1%
Lost₹1.9 Cr17.0%
Where they win
3 authorities · 0 statesTop buyer organisations
Operating states
LowHigh
32 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedFAST TECH ENGINEERS awardedOthers
Recent tenders awarded to FAST TECH ENGINEERS
- STUD BOLTS (HEAVY HEXAGON)Madras Fertilizers Limited · 20 Mar 2023₹1.5 L
- Procurement of Studs only for MSE biddersIndianOil · 26 Sept 2022₹85.0 L
- Supply of AFC Fasteners at IOCL Paradip RefineryIndianOil · 24 May 2022₹89.0 L
- Supply of Fasteners for various process modification schemes at IOCL Paradip RefineryIndianOil · 19 Apr 2022₹43.5 L
- Procurement of FastenersBharat Heavy Electricals Limited · 1 Apr 2022₹27.6 L
About FAST TECH ENGINEERS PVT LTD
FAST TECH ENGINEERS PVT LTD appears as a bidder on 66 government tenders on record, from 4 buyer authorities on central and PSU portals. Of its 66 decided bids, it was awarded 32 — a 48.5% win rate — worth ₹4.2 Cr in total. Its most recent award on record is from 20 Mar 2023.
Its largest buyer by awarded value is IndianOil, at 93.1% of what it has won, out of 3 authorities that have awarded it work. On priced bids, its median quote is 4.8% above the lowest bid (L1).
It most often bids against MODERN MACHINERY MART, MECH WELL FITTINGS PVT LTD and Vinayak Business Pvt Ltd. MODERN MACHINERY MART bid on 34 of the same tenders and won 8 of them; FAST TECH ENGINEERS PVT LTD won 16.