Competitor profile

Indexel Engineering Pvt. Ltd.

They win 44% of what they bid, but only 34% of the value — the bigger bids get away.

42tenders on record
10buyer authorities
3states
1 Oct 2026last award
Total bids
41
42 including cancelled tenders
Awarded
18
18 lost · 0 still pending
Awarded value
₹16.5 Cr
of ₹49.2 Cr bid — 33.6% conversion
Win rate
43.9%
of 41 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count41 bids
43.9%
12.2%
43.9%
Awarded1843.9%
Pending00.0%
Tech rejected512.2%
Lost1843.9%
By value₹49.2 Cr
33.6%
60.4%
Awarded₹16.5 Cr33.6%
Pending₹00.0%
Tech rejected₹3.0 Cr6.1%
Lost₹29.7 Cr60.4%

Where they win

5 authorities · 1 state

Top buyer organisations

RRVUN - CMD₹3.9 Cr23.3%
WRD - CE AND AS₹3.1 Cr18.5%
IndianOil₹23.6 L1.4%
RSMML₹9.8 L0.6%

Operating states

LowHigh
Rajasthan₹7.0 Cr

4 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
AAKANKSHA ENTERPRISES1 win · 5 shared tenders
₹20.0 L
won head-to-head
02
SSM INFOTECH SOLUTIONS PVT.LTD.2 wins · 4 shared tenders
₹71.9 L
won head-to-head
03
₹1.9 Cr
won head-to-head
04
Adarsha control and automation Pvt Ltd3 wins · 3 shared tenders
₹2.9 Cr
won head-to-head
05
CIMCON SOFTWARE INDIA PVT. LTD.0 wins · 3 shared tenders
₹0
won head-to-head
06
M/s Coronet engineers P. Ltd1 win · 2 shared tenders
₹9.7 Cr
won head-to-head
Rival awardedIndexel Engineering awardedOthers

About Indexel Engineering Pvt. Ltd.

Indexel Engineering Pvt. Ltd. appears as a bidder on 42 government tenders on record, from 10 buyer authorities in 3 states. Of its 41 decided bids, it was awarded 18 — a 43.9% win rate — worth ₹16.5 Cr in total. Its most recent award on record is from 1 Oct 2026.

Its largest buyer by awarded value is E-IN-C BRANCH - MILITARY ENGINEER SERVICES, at 56.1% of what it has won, out of 5 authorities that have awarded it work. Most of its awards come from Rajasthan. On priced bids, its median quote is 2.7% above the lowest bid (L1).

It most often bids against AAKANKSHA ENTERPRISES, SSM INFOTECH SOLUTIONS PVT.LTD. and MASIBUS AUTOMATION AND INSTRUMENTATION PVT.LTD.. AAKANKSHA ENTERPRISES bid on 5 of the same tenders and won 1 of them; Indexel Engineering Pvt. Ltd. won 3.

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.