Total bids
24
25 including cancelled tenders
Awarded
5
18 lost · 0 still pending
Awarded value
₹8.3 Cr
of ₹62.0 Cr bid — 13.4% conversion
Win rate
20.8%
of 24 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count24 bids
20.8%
75.0%
Awarded520.8%
Pending00.0%
Tech rejected14.2%
Lost1875.0%
By value₹62.0 Cr
13.4%
86.0%
Awarded₹8.3 Cr13.4%
Pending₹00.0%
Tech rejected₹35.9 L0.6%
Lost₹53.3 Cr86.0%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
5 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedINDOCHEM TECHNOLOGIES awardedOthers
Recent tenders awarded to INDOCHEM TECHNOLOGIES
- Contract for Chemical Treatment of Condenser Cooling Water at NTPCNTPC Limited · 4 Feb 2024₹33.9 L
- Chemical Treatment of Condenser Cooling Water at NTPC-Farakka Stage IIINTPC Limited · 4 Feb 2023₹40.0 L
- Procurement of CW Treatment Chemicals for NTPC MoudaNTPC Limited · 28 Oct 2022₹3.3 Cr
- Procurement of CW Chemicals for NTPC FarakkaNTPC Limited · 19 Jul 2022₹3.5 Cr
- NTPC Simhadri Chemical treatment for CW and HVAC system at NTPC Simhadri.NTPC Limited · 3 Aug 2020₹78.3 L
About INDOCHEM TECHNOLOGIES
INDOCHEM TECHNOLOGIES appears as a bidder on 25 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 24 decided bids, it was awarded 5 — a 20.8% win rate — worth ₹8.3 Cr in total. Its most recent award on record is from 4 Feb 2024.
Its largest buyer by awarded value is NTPC Limited, at 100.0% of what it has won. On priced bids, its median quote is 32.4% above the lowest bid (L1).
It most often bids against CLEANFLO INDIA PVT. LTD., CHEMPURE TECHNOLOGIES PRIVATE LIMITED and DEW PROJECTS AND CHEMICALS PVT LTD. CLEANFLO INDIA PVT. LTD. bid on 20 of the same tenders and won 2 of them; INDOCHEM TECHNOLOGIES won 3.