Competitor profile

Indian Oil Corporation Limited

They win 68% of what they bid — and 87% of the value, so the bids they miss are the smaller ones.

151tenders on record
46buyer authorities
12states
28 Sept 2026last award
Total bids
153
151 including cancelled tenders
Awarded
104
36 lost · 0 still pending
Awarded value
₹4.7K Cr
of ₹5.4K Cr bid — 87.1% conversion
Win rate
68.0%
of 153 decided bids

Bid outcomes

How their decided bids ended, by number and by value
By count153 bids
68.0%
23.5%
Awarded10468.0%
Pending00.0%
Tech rejected138.5%
Lost3623.5%
By value₹5.4K Cr
87.1%
Awarded₹4.7K Cr87.1%
Pending₹00.0%
Tech rejected₹158.1 Cr2.9%
Lost₹534.2 Cr9.9%

Where they win

36 authorities · 11 states

Top buyer organisations

Maharashtra State Road Transport Corporation₹3.3K Cr70.4%
NTPC Limited₹1.2K Cr24.8%
Department of Power₹70.0 Cr1.5%
RSMML₹53.4 Cr1.1%
CPCL,DGM(M and C)₹15.1 Cr0.3%

Operating states

LowHigh
Maharashtra₹3.3K Cr
Punjab₹73.2 Cr
Rajasthan₹57.8 Cr
Kerala₹7.4 Cr
Haryana₹5.3 Cr
Tripura₹3.1 Cr

61 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
BHARAT PETROLEUM CORPORATION LIMITED16 wins · 50 shared tenders
₹573.8 Cr
won head-to-head
02
HINDUSTAN PETROLEUM CORPORATION LIMITED20 wins · 44 shared tenders
₹696.0 Cr
won head-to-head
03
APAR INDUSTRIES LIMITED0 wins · 13 shared tenders
₹0
won head-to-head
04
Savita Oil Technologies Limited3 wins · 13 shared tenders
₹3.2 L
won head-to-head
05
FLONEX OIL TECHNOLOGIES PRIVATE LIMITED4 wins · 10 shared tenders
₹50.7 L
won head-to-head
06
Gandhar Oil Refinery India Ltd2 wins · 8 shared tenders
₹3.4 Cr
won head-to-head
Rival awardedIndian Oil awardedOthers

Recent tenders awarded to Indian Oil

About Indian Oil Corporation Limited

Indian Oil Corporation Limited appears as a bidder on 151 government tenders on record, from 46 buyer authorities in 12 states. Of its 153 decided bids, it was awarded 104 — a 68.0% win rate — worth ₹4.7K Cr in total. Its most recent award on record is from 28 Sept 2026.

Its largest buyer by awarded value is Maharashtra State Road Transport Corporation, at 70.4% of what it has won, out of 36 authorities that have awarded it work. Most of its awards come from Maharashtra, Punjab and Rajasthan. On priced bids, its median quote is the lowest (L1).

It most often bids against BHARAT PETROLEUM CORPORATION LIMITED, HINDUSTAN PETROLEUM CORPORATION LIMITED and APAR INDUSTRIES LIMITED. BHARAT PETROLEUM CORPORATION LIMITED bid on 50 of the same tenders and won 16 of them; Indian Oil Corporation Limited won 27.

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.