Competitor profile

FirstSource Laboratory Solutions LLP

They win 13% of what they bid, but only 1% of the value — the bigger bids get away.

17tenders on record
15buyer authorities
6states
27 May 2026last award
Total bids
16
17 including cancelled tenders
Awarded
2
5 lost · 0 still pending
Awarded value
₹5.6 L
of ₹6.5 Cr bid — 0.9% conversion
Win rate
12.5%
of 16 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count16 bids
12.5%
56.3%
31.3%
Awarded212.5%
Pending00.0%
Tech rejected956.3%
Lost531.3%
By value₹6.5 Cr
70.7%
28.5%
Awarded₹5.6 L0.9%
Pending₹00.0%
Tech rejected₹4.6 Cr70.7%
Lost₹1.9 Cr28.5%

Where they win

2 authorities · 0 states

Operating states

LowHigh

2 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
LCGC BIOANALYTIC SOLUTIONS LLP1 win · 5 shared tenders
₹94.2 L
won head-to-head
02
Spincotech Pvt Ltd3 wins · 4 shared tenders
₹88.0 L
won head-to-head
03
₹59.7 L
won head-to-head
04
BIOAPPS1 win · 2 shared tenders
₹5
won head-to-head
05
UNIVERSAL LABORATORY EQUIPMENTS1 win · 2 shared tenders
₹10
won head-to-head
06
BR Biochem Life Sciences Pvt Ltd1 win · 2 shared tenders
₹5
won head-to-head
Rival awardedFirstSource awardedOthers

About FirstSource Laboratory Solutions LLP

FirstSource Laboratory Solutions LLP appears as a bidder on 17 government tenders on record, from 15 buyer authorities in 6 states. Of its 16 decided bids, it was awarded 2 — a 12.5% win rate — worth ₹5.6 L in total. Its most recent award on record is from 27 May 2026.

Its largest buyer by awarded value is National Institute of Science Education and Research - Odisha, at 79.8% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is 11.8% above the lowest bid (L1).

It most often bids against LCGC BIOANALYTIC SOLUTIONS LLP, Spincotech Pvt Ltd and LABINDIA ANALYTICAL INSTRUMENTS PRIVATE LIMITED. LCGC BIOANALYTIC SOLUTIONS LLP bid on 5 of the same tenders and won 1 of them; FirstSource Laboratory Solutions LLP won 0.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.