INDOBELL INSULATIONS LIMITED - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

21 including cancelled tenders

Awarded

13 lost · 0 still pending

Awarded value

₹4.2 Cr

of ₹22.3 Cr bid — 18.8% conversion

Win rate

28.6%

of 21 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count21 bids

28.6%

61.9%

Awarded628.6%

Pending00.0%

Tech rejected29.5%

Lost1361.9%

By value₹22.3 Cr

18.8%

52.8%

28.4%

Awarded₹4.2 Cr18.8%

Pending₹00.0%

Tech rejected₹11.8 Cr52.8%

Lost₹6.3 Cr28.4%

Where they win

3 authorities · 0 states

Top buyer organisations

Bridge and Roof Company (India) Limited₹2.6 Cr61.1%

NTPC Limited₹1.5 Cr35.0%

Bharat Heavy Electricals Limited₹16.4 L3.9%

Operating states

LowHigh

6 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

Lloyd Insulations (India) Limited1 win · 13 shared tenders

₹39.1 L

won head-to-head

INDO STAR INSULATION PRIVATE LIMITED3 wins · 12 shared tenders

₹56.7 L

won head-to-head

WB INSULATION2 wins · 7 shared tenders

₹35.9 L

won head-to-head

Power Mech Projects Limited1 win · 3 shared tenders

₹22.3 L

won head-to-head

INSULTECH POWER1 win · 3 shared tenders

₹39.0 L

won head-to-head

M/S RAJESHWARI ENTERPRISES2 wins · 3 shared tenders

₹28.3 L

won head-to-head

Rival awardedINDOBELL INSULATIONS awardedOthers

Recent tenders awarded to INDOBELL INSULATIONS

ENGAGEMENT OF AGENCY FOR CARRYING OUT INSULATIONS WORKS ON PIPES, EQUIPMENTS AND TANKS ALONG WITH SUPPLY OF MATERIAL FOR OUR EPCC CONTRACT-BITUMEN PLANT OF M/S HPCL, VISAKH REFINERY, VISAKHAPATNAMBridge and Roof Company (India) Limited · 12 Aug 2026₹2.6 Cr
200147903 Re-insulation of Exhaust Duct of Gas Turbine at NTPC JhanorNTPC Limited · 17 Mar 2026₹1.0 Cr
Job contract for Supply cum Removal Application of pad quilt typeNTPC Limited · 1 Sept 2024₹18.7 L
Supply and application of pad type ceramic fiber blanket insulation for HP Turbine and valves mounted on HPT and IPT as per SOW at NTPC-Simhadri STPS-Unit No 2 (500MW)Bharat Heavy Electricals Limited · 1 Dec 2022₹16.4 L
Supply cum application of Pad Quilt type Ceramic Fiber blanketNTPC Limited · 9 Jun 2018₹19.5 L

About INDOBELL INSULATIONS LIMITED

INDOBELL INSULATIONS LIMITED appears as a bidder on 21 government tenders on record, from 4 buyer authorities in 1 state. Of its 21 decided bids, it was awarded 6 — a 28.6% win rate — worth ₹4.2 Cr in total. Its most recent award on record is from 12 Aug 2026.

Its largest buyer by awarded value is Bridge and Roof Company (India) Limited, at 61.1% of what it has won, out of 3 authorities that have awarded it work. On priced bids, its median quote is 11.4% above the lowest bid (L1).

It most often bids against Lloyd Insulations (India) Limited, INDO STAR INSULATION PRIVATE LIMITED and WB INSULATION. Lloyd Insulations (India) Limited bid on 13 of the same tenders and won 1 of them; INDOBELL INSULATIONS LIMITED won 2.