Competitor profile

HOVERLABS

They win 38% of what they bid, but only 6% of the value — the bigger bids get away.

16tenders on record
5buyer authorities
1state
15 May 2026last award
Total bids
16
16 including cancelled tenders
Awarded
6
4 lost · 0 still pending
Awarded value
₹8.8 L
of ₹1.6 Cr bid — 5.5% conversion
Win rate
37.5%
of 16 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count16 bids
37.5%
37.5%
25.0%
Awarded637.5%
Pending00.0%
Tech rejected637.5%
Lost425.0%
By value₹1.6 Cr
75.9%
18.6%
Awarded₹8.8 L5.5%
Pending₹00.0%
Tech rejected₹1.2 Cr75.9%
Lost₹29.6 L18.6%

Where they win

2 authorities · 1 state

Top buyer organisations

Operating states

LowHigh
Punjab₹8.8 L

Top competitors

In tenders they both bid · bar shows how the awards split
01
₹94,990
won head-to-head
02
SHREE KRISHNA SCIENTIFICS0 wins · 3 shared tenders
₹0
won head-to-head
03
Narang Scientific Industries1 win · 3 shared tenders
₹9,240
won head-to-head
04
GLOBAL SALES CORPORATION2 wins · 3 shared tenders
₹3.5 L
won head-to-head
05
OCEAN SCIENTIFIC STORE1 win · 3 shared tenders
₹9.0 L
won head-to-head
06
BD Scientific0 wins · 2 shared tenders
₹0
won head-to-head
Rival awardedHOVERLABS awardedOthers

About HOVERLABS

HOVERLABS appears as a bidder on 16 government tenders on record, from 5 buyer authorities in 1 state. Of its 16 decided bids, it was awarded 6 — a 37.5% win rate — worth ₹8.8 L in total. Its most recent award on record is from 15 May 2026.

Its largest buyer by awarded value is Punjab Agricultural University, at 78.4% of what it has won, out of 2 authorities that have awarded it work. Most of its awards come from Punjab. On priced bids, its median quote is the lowest (L1).

It most often bids against M/s Popular Science Apparatus Workshops Pvt Ltd, SHREE KRISHNA SCIENTIFICS and Narang Scientific Industries. M/s Popular Science Apparatus Workshops Pvt Ltd bid on 4 of the same tenders and won 1 of them; HOVERLABS 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.