IFP Petro Products (P) Ltd. - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

8 including cancelled tenders

Awarded

2 lost · 0 still pending

Awarded value

₹8.7 Cr

of ₹24.6 Cr bid — 35.3% conversion

Win rate

62.5%

of 8 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count8 bids

62.5%

12.5%

25.0%

Awarded562.5%

Pending00.0%

Tech rejected112.5%

Lost225.0%

By value₹24.6 Cr

35.3%

15.3%

49.4%

Awarded₹8.7 Cr35.3%

Pending₹00.0%

Tech rejected₹3.8 Cr15.3%

Lost₹12.2 Cr49.4%

Where they win

3 authorities · 1 state

Top buyer organisations

IndianOil₹7.4 Cr84.9%

Department of Power₹1.3 Cr15.1%

Bharat Heavy Electricals Limited₹760.0%

Operating states

LowHigh

Punjab₹1.3 Cr

4 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

Bharat Petroleum Corporation limited1 win · 4 shared tenders

₹1.6 Cr

won head-to-head

HINDUSTAN PETROLEUM CORPORATION LIMITED1 win · 3 shared tenders

₹10.3 Cr

won head-to-head

SUNDREX OIL COMPANY LIMITED2 wins · 2 shared tenders

₹4.2 Cr

won head-to-head

POWERLINK OIL REFINERY LTD0 wins · 2 shared tenders

₹0

won head-to-head

CITY OIL PRIVATE LIMITED2 wins · 2 shared tenders

₹4.2 Cr

won head-to-head

SUN OIL COMPANY PVT. LTD.0 wins · 2 shared tenders

₹0

won head-to-head

Rival awardedIFP Petro Products awardedOthers

Recent tenders awarded to IFP Petro Products

Procurement of Light Diesel OilDepartment of Power · Punjab · 23 Jun 2026₹1.3 Cr
KEROSENE OIL (SUPERIOR)Bharat Heavy Electricals Limited · 4 Sept 2025₹76
ERO LUBES CONTRACT PROCESSING OF VISCOSITY INDEX (VI) IMPROVER ADDITIVE SOLUBLISATION THROUGH CONTRACT PACKERS FOR SUPPLY TO LBP, KOLKATA/ BUDGE BUDGE and LBP, ASAOTI.IndianOil · 31 Oct 2022₹1.7 Cr
Procurement of Group I Re Refined Base OilIndianOil · 4 Aug 2022₹4.1 Cr
Procurement of Re Refined SN150 Base OilIndianOil · 27 Jul 2021₹1.6 Cr

About IFP Petro Products (P) Ltd.

IFP Petro Products (P) Ltd. appears as a bidder on 8 government tenders on record, from 3 buyer authorities in 1 state. Of its 8 decided bids, it was awarded 5 — a 62.5% win rate — worth ₹8.7 Cr in total. Its most recent award on record is from 1 Oct 2026.

Its largest buyer by awarded value is IndianOil, at 84.9% of what it has won, out of 3 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 Bharat Petroleum Corporation limited, HINDUSTAN PETROLEUM CORPORATION LIMITED and SUNDREX OIL COMPANY LIMITED. Bharat Petroleum Corporation limited bid on 4 of the same tenders and won 1 of them; IFP Petro Products (P) Ltd. won 2.