Competitor profile

IKA FURNITURE

They win 20% of what they bid, but only 7% of the value — the bigger bids get away.

5tenders on record
4buyer authorities
1state
3 Feb 2025last award
Total bids
5
5 including cancelled tenders
Awarded
1
3 lost · 0 still pending
Awarded value
₹66.8 L
of ₹9.1 Cr bid — 7.3% conversion
Win rate
20.0%
of 5 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count5 bids
20.0%
20.0%
60.0%
Awarded120.0%
Pending00.0%
Tech rejected120.0%
Lost360.0%
By value₹9.1 Cr
67.4%
25.2%
Awarded₹66.8 L7.4%
Pending₹00.0%
Tech rejected₹6.1 Cr67.4%
Lost₹2.3 Cr25.2%

Where they win

1 authority · 1 state

Top buyer organisations

Department of Cooperation₹66.8 L100.0%

Operating states

LowHigh
Punjab₹66.8 L

Top competitors

In tenders they both bid · bar shows how the awards split
01
M/s BHULLAR CONSTRUCTIONS0 wins · 2 shared tenders
₹0
won head-to-head
02
ARUN CONSTRUCTION CO.2 wins · 2 shared tenders
₹1.6 Cr
won head-to-head
03
SRISHTI ENTERPRISES1 win · 1 shared tender
₹6.1 Cr
won head-to-head
04
THE AKASHDEEP COOP LC SOCIETY LTD0 wins · 1 shared tender
₹0
won head-to-head
05
Swadeshi Civil Infrastructure Pvt Ltd0 wins · 1 shared tender
₹0
won head-to-head
06
DECENT FURNISHERS AND DECORATORS1 win · 1 shared tender
₹57.0 L
won head-to-head
Rival awardedIKA FURNITURE awardedOthers

Recent tenders awarded to IKA FURNITURE

About IKA FURNITURE

IKA FURNITURE appears as a bidder on 5 government tenders on record, from 4 buyer authorities in 1 state. Of its 5 decided bids, it was awarded 1 — a 20.0% win rate — worth ₹66.8 L in total. Its most recent award on record is from 3 Feb 2025.

Its largest buyer by awarded value is Department of Cooperation, at 100.0% of what it has won. Most of its awards come from Punjab. On priced bids, its median quote is 5.6% above the lowest bid (L1).

It most often bids against M/s BHULLAR CONSTRUCTIONS, ARUN CONSTRUCTION CO. and SRISHTI ENTERPRISES. M/s BHULLAR CONSTRUCTIONS bid on 2 of the same tenders and won 0 of them; IKA FURNITURE won 0.

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.