Competitor profile

ICON POWER SOLUTIONS PVT LTD

They win 36% of what they bid, but only 15% of the value — the bigger bids get away.

15tenders on record
5buyer authorities
3states
21 Feb 2025last award
Total bids
14
15 including cancelled tenders
Awarded
5
8 lost · 0 still pending
Awarded value
₹15.0 Cr
of ₹100.2 Cr bid — 15.0% conversion
Win rate
35.7%
of 14 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count14 bids
35.7%
57.1%
Awarded535.7%
Pending00.0%
Tech rejected17.1%
Lost857.1%
By value₹100.2 Cr
15.0%
32.2%
52.8%
Awarded₹15.0 Cr15.0%
Pending₹00.0%
Tech rejected₹32.3 Cr32.2%
Lost₹52.9 Cr52.8%

Where they win

2 authorities · 1 state

Top buyer organisations

Department of Home Affairs₹11.8 Cr78.7%
IndianOil₹3.2 Cr21.3%

Operating states

LowHigh
Punjab₹11.8 Cr

4 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
Telecommunications Consultants India Limited1 win · 4 shared tenders
₹4.6 Cr
won head-to-head
02
Security and Intelligence Services India Limited1 win · 3 shared tenders
₹29.4 Cr
won head-to-head
03
Ascent Networks Pvt Ltd1 win · 3 shared tenders
₹16.3 Cr
won head-to-head
04
Secured Lines0 wins · 3 shared tenders
₹0
won head-to-head
05
Honeywell Automation India Limited0 wins · 3 shared tenders
₹0
won head-to-head
06
TATA ADVANCED SYSTEMS LIMITED1 win · 3 shared tenders
₹29.4 Cr
won head-to-head
Rival awardedICON POWER awardedOthers

Recent tenders awarded to ICON POWER

About ICON POWER SOLUTIONS PVT LTD

ICON POWER SOLUTIONS PVT LTD appears as a bidder on 15 government tenders on record, from 5 buyer authorities in 3 states. Of its 14 decided bids, it was awarded 5 — a 35.7% win rate — worth ₹15.0 Cr in total. Its most recent award on record is from 21 Feb 2025.

Its largest buyer by awarded value is Department of Home Affairs, at 78.7% 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 10.6% above the lowest bid (L1).

It most often bids against Telecommunications Consultants India Limited, Security and Intelligence Services India Limited and Ascent Networks Pvt Ltd. Telecommunications Consultants India Limited bid on 4 of the same tenders and won 1 of them; ICON POWER SOLUTIONS PVT LTD won 1.

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.