Total bids
18
18 including cancelled tenders
Awarded
3
6 lost · 0 still pending
Awarded value
₹2.5 Cr
of ₹20.7 Cr bid — 11.9% conversion
Win rate
16.7%
of 18 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count18 bids
16.7%
50.0%
33.3%
Awarded316.7%
Pending00.0%
Tech rejected950.0%
Lost633.3%
By value₹20.7 Cr
11.9%
74.1%
14.0%
Awarded₹2.5 Cr11.9%
Pending₹00.0%
Tech rejected₹15.4 Cr74.1%
Lost₹2.9 Cr14.0%
Where they win
3 authorities · 1 stateTop buyer organisations
Operating states
LowHigh
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedI Rays Medtech awardedOthers
Recent tenders awarded to I Rays Medtech
- Rate contract for Running Pharmacy for 24 X 7 at AGMC and GBP Hospital AgartalaDirector of Health Services · Tripura · 21 Nov 2022₹33
- Procurement of Equipments and PaThological items for ayush health institutions,TripuraState Health and Family Welfare Society · Tripura · 20 Oct 2020₹11.2 L
- Tender of X-Ray Film, C.T. Scan Film Dental Film and othersSecretary Health and Family Welfare Department · Tripura · 1 Oct 2019₹2.4 Cr
About I Rays Medtech Solutions Pvt. Ltd.
I Rays Medtech Solutions Pvt. Ltd. appears as a bidder on 18 government tenders on record, from 6 buyer authorities in 2 states. Of its 18 decided bids, it was awarded 3 — a 16.7% win rate — worth ₹2.5 Cr in total. Its most recent award on record is from 12 Jan 2026.
Its largest buyer by awarded value is Secretary Health and Family Welfare Department, at 95.5% of what it has won, out of 3 authorities that have awarded it work. Most of its awards come from Tripura. On priced bids, its median quote is 27.9% above the lowest bid (L1).
It most often bids against M/S Biotech, MAYANK TECHNOCRACY and P.K.NAG AND SONS. M/S Biotech bid on 7 of the same tenders and won 4 of them; I Rays Medtech Solutions Pvt. Ltd. won 2.