Total bids
71
74 including cancelled tenders
Awarded
28
37 lost · 0 still pending
Awarded value
₹64.7 Cr
of ₹201.1 Cr bid — 32.2% conversion
Win rate
39.4%
of 71 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count71 bids
39.4%
52.1%
Awarded2839.4%
Pending00.0%
Tech rejected68.5%
Lost3752.1%
By value₹201.1 Cr
32.2%
65.6%
Awarded₹64.7 Cr32.2%
Pending₹00.0%
Tech rejected₹4.5 Cr2.2%
Lost₹131.9 Cr65.6%
Where they win
3 authorities · 1 stateTop buyer organisations
Operating states
LowHigh
25 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedINDICON CONSTRUCTION awardedOthers
Recent tenders awarded to INDICON CONSTRUCTION
- Construction of Road Mukaiwad to Pirangut Ghat ODR 79 Tal Mulshi Dist PunePune Metropolitan Regional Development Authority Pune · Maharashtra · 23 Feb 2026₹12.9 Cr
- Repairs to Mazak India to Pimpale Jagtap Road (L and T Road) MDR 244 (Old ODR-158) in Industrial Area, Tal. Shirur, Dist. Pune.Pune Metropolitan Regional Development Authority Pune · Maharashtra · 31 Dec 2025₹1.1 Cr
- 34/12. Improvement To Kondhwa Saswad Veer Ch 8/600 to 17/900 (SH 131) Road (PUNE GRAND CHALLENGE CYCLATHON STAGE 3 BOPDEV GHAT TO CHAMBLI) Tal.Purandar Dist.PunePublic Works Region-Pune · Maharashtra · 15 Nov 2025₹6.7 Cr
- Proposed construction and 5 year Maintenance of Bridge at Ch 9/720 on Road from Mandavgan Farata to Kolegaon Dolas MRL-225 VR-110 Tal Shirur Dist PuneCE-MRRDA · 27 Jan 2025₹2.0 Cr
- Upgradation and Maintenance of SH-17 (Jejuri) to Kothale Rajewadi Road Km 0/0 to 14/500 (ODR-116) Tal.PurandharCE-MRRDA · 16 Jan 2025₹11.2 Cr
About INDICON CONSTRUCTION PVT.LTD.
INDICON CONSTRUCTION PVT.LTD. appears as a bidder on 74 government tenders on record, from 9 buyer authorities in 2 states. Of its 71 decided bids, it was awarded 28 — a 39.4% win rate — worth ₹64.7 Cr in total. Its most recent award on record is from 3 Jul 2026.
Its largest buyer by awarded value is CE-MRRDA, at 68.1% of what it has won, out of 3 authorities that have awarded it work. Most of its awards come from Maharashtra. On priced bids, its median quote is 3.0% above the lowest bid (L1).
It most often bids against Ashok Shelar, M/S J K Jagtap and company and jai shivshankar Construction. Ashok Shelar bid on 19 of the same tenders and won 0 of them; INDICON CONSTRUCTION PVT.LTD. won 13.