Total bids
9
9 including cancelled tenders
Awarded
2
5 lost · 0 still pending
Awarded value
₹1.7 Cr
of ₹10.7 Cr bid — 16.3% conversion
Win rate
22.2%
of 9 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count9 bids
22.2%
22.2%
55.6%
Awarded222.2%
Pending00.0%
Tech rejected222.2%
Lost555.6%
By value₹10.7 Cr
16.3%
70.0%
13.7%
Awarded₹1.7 Cr16.3%
Pending₹00.0%
Tech rejected₹7.5 Cr70.0%
Lost₹1.5 Cr13.7%
Where they win
2 authorities · 2 statesTop buyer organisations
Operating states
LowHigh
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedFORMOSA SYNTHETICS awardedOthers
Recent tenders awarded to FORMOSA SYNTHETICS
- Item No.02 PRINTED ONE SIDE BOPP LAMINATED MATT FINISH PP BAGS (WOVEN SACK) SIZE 73.60 (L) X 48.30 (W) cm (29 X 19 inches) (FINISHED) 63.50 (L) X 38 (W) cm (25 X 15 inches) (FINISHED)Head Office Mahabeej Akola · Maharashtra · 22 May 2025₹1
- PP Woven Sack (Tubular Type) White and Red Pigmented Bag for Packing Cattle FeedRCDF- MD · Rajasthan · 17 Aug 2022₹1.7 Cr
About FORMOSA SYNTHETICS PRIVATE LIMITED
FORMOSA SYNTHETICS PRIVATE LIMITED appears as a bidder on 9 government tenders on record, from 5 buyer authorities in 3 states. Of its 9 decided bids, it was awarded 2 — a 22.2% win rate — worth ₹1.7 Cr in total. Its most recent award on record is from 22 May 2025.
Its largest buyer by awarded value is RCDF- MD, at 100.0% of what it has won, out of 2 authorities that have awarded it work. Most of its awards come from Rajasthan and Maharashtra. On priced bids, its median quote is 0.3% above the lowest bid (L1).
It most often bids against ASSOCIATED JUTE INDUSTRIES, TECHFAB EXPORTS PVT LTD and BAG POLY INDUSTRIES. ASSOCIATED JUTE INDUSTRIES bid on 4 of the same tenders and won 2 of them; FORMOSA SYNTHETICS PRIVATE LIMITED won 0.