Competitor profile

HBS ASSOCIATES

They win 33% of what they bid, but only 20% of the value — the bigger bids get away.

27tenders on record
1buyer authority
0states
19 Aug 2026last award
Total bids
27
27 including cancelled tenders
Awarded
9
16 lost · 0 still pending
Awarded value
₹39.9 L
of ₹2.0 Cr bid — 20.1% conversion
Win rate
33.3%
of 27 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count27 bids
33.3%
59.3%
Awarded933.3%
Pending00.0%
Tech rejected27.4%
Lost1659.3%
By value₹2.0 Cr
20.1%
21.2%
58.6%
Awarded₹39.9 L20.1%
Pending₹00.0%
Tech rejected₹42.1 L21.2%
Lost₹1.2 Cr58.6%

Where they win

1 authority · 0 states

Top buyer organisations

Operating states

LowHigh

9 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
M/s Santoshi Maa Industries3 wins · 10 shared tenders
₹31.9 L
won head-to-head
02
M/S. S.K.ENGINEERING0 wins · 8 shared tenders
₹0
won head-to-head
03
DILIP KUMAR ROUT3 wins · 8 shared tenders
₹25.4 L
won head-to-head
04
SAI TRADERS2 wins · 7 shared tenders
₹22.4 L
won head-to-head
05
TARENI ELECTRICALS0 wins · 7 shared tenders
₹0
won head-to-head
06
MESSERS UTKAL ELECTRICALS2 wins · 6 shared tenders
₹3.4 L
won head-to-head
Rival awardedHBS ASSOCIATES awardedOthers

About HBS ASSOCIATES

HBS ASSOCIATES appears as a bidder on 27 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 27 decided bids, it was awarded 9 — a 33.3% win rate — worth ₹39.9 L in total. Its most recent award on record is from 19 Aug 2026.

Its largest buyer by awarded value is Mahanadi Coalfields Limited, at 100.0% of what it has won. On priced bids, its median quote is 5.6% above the lowest bid (L1).

It most often bids against M/s Santoshi Maa Industries, M/S. S.K.ENGINEERING and DILIP KUMAR ROUT. M/s Santoshi Maa Industries bid on 10 of the same tenders and won 3 of them; HBS ASSOCIATES won 3.

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.