Total bids
281
286 including cancelled tenders
Awarded
49
75 lost · 0 still pending
Awarded value
₹11.3 Cr
of ₹606.6 Cr bid — 1.9% conversion
Win rate
17.4%
of 281 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count281 bids
17.4%
55.9%
26.7%
Awarded4917.4%
Pending00.0%
Tech rejected15755.9%
Lost7526.7%
By value₹606.6 Cr
94.2%
Awarded₹11.3 Cr1.9%
Pending₹00.0%
Tech rejected₹571.4 Cr94.2%
Lost₹23.9 Cr3.9%
Where they win
3 authorities · 0 statesTop buyer organisations
Operating states
LowHigh
49 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedHico Multifin awardedOthers
Recent tenders awarded to Hico Multifin
- EN ROUND BARUranium Corporation of India Limited · 25 Apr 2024₹5.1 L
- STEEL ITEMSUranium Corporation of India Limited · 11 Jan 2024₹10.0 L
- PROCUREMENT OF EXCHANGER TUBES - 3 ITEMSMadras Fertilizers Limited · 1 Dec 2022₹33.9 L
- PROCUREMENT OF MS ANGLES (2 ITEMS)Madras Fertilizers Limited · 18 May 2022₹4.1 L
- M S ANGLES SIZE. 75 X 75 X 8 MM 4000 KGSMadras Fertilizers Limited · 28 Oct 2021₹2.3 L
About Hico Multifin Products Pvt. Ltd.
Hico Multifin Products Pvt. Ltd. appears as a bidder on 286 government tenders on record, from 9 buyer authorities in 2 states. Of its 281 decided bids, it was awarded 49 — a 17.4% win rate — worth ₹11.3 Cr in total. Its most recent award on record is from 1 Jul 2024.
Its largest buyer by awarded value is IndianOil, at 95.1% of what it has won, out of 3 authorities that have awarded it work. On priced bids, its median quote is 0.3% above the lowest bid (L1).
It most often bids against MAHALAXMI METAL CORPORATION, ANIL METAL CORPORATION and AMARDEEP STEEL CENTRE. MAHALAXMI METAL CORPORATION bid on 117 of the same tenders and won 13 of them; Hico Multifin Products Pvt. Ltd. won 23.