Competitor profile

Indane Chemical Company

They win 29% of what they bid, but only 7% of the value — the bigger bids get away.

7tenders on record
4buyer authorities
0states
23 Sept 2024last award
Total bids
7
7 including cancelled tenders
Awarded
2
4 lost · 0 still pending
Awarded value
₹1.7 L
of ₹24.2 L bid — 6.9% conversion
Win rate
28.6%
of 7 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count7 bids
28.6%
14.3%
57.1%
Awarded228.6%
Pending00.0%
Tech rejected114.3%
Lost457.1%
By value₹24.2 L
33.0%
60.1%
Awarded₹1.7 L6.9%
Pending₹00.0%
Tech rejected₹8.0 L33.0%
Lost₹14.5 L60.1%

Where they win

2 authorities · 0 states

Operating states

LowHigh

2 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
ARORA MATTHEY LIMITED0 wins · 3 shared tenders
₹0
won head-to-head
02
K M V VACUUM TECHHNOLOGIES2 wins · 3 shared tenders
₹4.1 L
won head-to-head
03
VRS Laboratory2 wins · 2 shared tenders
₹8.8 L
won head-to-head
04
S N ENTERPRISES0 wins · 1 shared tender
₹0
won head-to-head
05
Wee Scientifics0 wins · 1 shared tender
₹0
won head-to-head
06
Arcom Enterprises0 wins · 1 shared tender
₹0
won head-to-head
Rival awardedIndane Chemical awardedOthers

About Indane Chemical Company

Indane Chemical Company appears as a bidder on 7 government tenders on record, from 4 buyer authorities on central and PSU portals. Of its 7 decided bids, it was awarded 2 — a 28.6% win rate — worth ₹1.7 L in total. Its most recent award on record is from 23 Sept 2024.

Its largest buyer by awarded value is Indian Institute of Science Education and Research - Thiruvananthapuram, at 71.7% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is 9.0% above the lowest bid (L1).

It most often bids against ARORA MATTHEY LIMITED, K M V VACUUM TECHHNOLOGIES and VRS Laboratory. ARORA MATTHEY LIMITED bid on 3 of the same tenders and won 0 of them; Indane Chemical Company 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.