Competitor profile

INDO ASSOCIATES

They win 8% of what they bid, and 1% of the value they chase.

24tenders on record
2buyer authorities
0states
23 May 2026last award
Total bids
24
24 including cancelled tenders
Awarded
2
21 lost · 0 still pending
Awarded value
₹1.3 Cr
of ₹109.2 Cr bid — 1.2% conversion
Win rate
8.3%
of 24 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count24 bids
87.5%
Awarded28.3%
Pending00.0%
Tech rejected14.2%
Lost2187.5%
By value₹109.2 Cr
95.2%
Awarded₹1.3 Cr1.2%
Pending₹00.0%
Tech rejected₹3.9 Cr3.6%
Lost₹104.0 Cr95.2%

Where they win

2 authorities · 0 states

Top buyer organisations

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
M/S KARCHEN LACHUNGPA15 wins · 24 shared tenders
₹88.4 Cr
won head-to-head
02
M/s Yadav Prasad Sharma2 wins · 23 shared tenders
₹91.9 L
won head-to-head
03
M/S MANDALA COMPANY1 win · 10 shared tenders
₹22.0 L
won head-to-head
04
M/s Garuda International2 wins · 9 shared tenders
₹94.4 L
won head-to-head
05
KARMA RINGZING NADI0 wins · 8 shared tenders
₹0
won head-to-head
06
M/s Maa Jagdamba Trading0 wins · 7 shared tenders
₹0
won head-to-head
Rival awardedINDO ASSOCIATES awardedOthers

About INDO ASSOCIATES

INDO ASSOCIATES appears as a bidder on 24 government tenders on record, from 2 buyer authorities on central and PSU portals. Of its 24 decided bids, it was awarded 2 — a 8.3% win rate — worth ₹1.3 Cr in total. Its most recent award on record is from 23 May 2026.

Its largest buyer by awarded value is IHQ of MoD (Army)-(OSCC), at 75.1% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is 14.0% above the lowest bid (L1).

It most often bids against M/S KARCHEN LACHUNGPA, M/s Yadav Prasad Sharma and M/S MANDALA COMPANY. M/S KARCHEN LACHUNGPA bid on 24 of the same tenders and won 15 of them; INDO ASSOCIATES won 2.

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.