Total bids
69
69 including cancelled tenders
Awarded
29
32 lost · 0 still pending
Awarded value
₹24.0 Cr
of ₹104.9 Cr bid — 22.8% conversion
Win rate
42.0%
of 69 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count69 bids
42.0%
11.6%
46.4%
Awarded2942.0%
Pending00.0%
Tech rejected811.6%
Lost3246.4%
By value₹104.9 Cr
22.8%
11.1%
66.1%
Awarded₹24.0 Cr22.8%
Pending₹00.0%
Tech rejected₹11.6 Cr11.1%
Lost₹69.4 Cr66.1%
Where they win
6 authorities · 2 statesTop buyer organisations
Operating states
LowHigh
18 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedIndus Tubes awardedOthers
Recent tenders awarded to Indus Tubes
- MS ERW Black Steel PipeRSMML · Rajasthan · 3 Aug 2026₹10.1 L
- 736704 PROCUREMENT OF MS PIPES FOR AHD BMD CHP OMD TMD FOR NTPCNTPC Limited · 2 Apr 2025₹1.8 Cr
- Annual Rate Contract for Supply of ISI Marked Plain Ended M.S. ERW Line Pipe conforming to IS 1978/1982 Grade YST-210 (Replaced by BIS as IS/ISO 3183/2007 GRADE-L-210, PSL-1) or its latest amendment(s)CGM (Drinking Water) Jal Sansthan · Uttarakhand · 26 Mar 2025₹1.0 L
- Tender for Rate Contract for the period of 1 (One) year for procurement of 1/2 Inch., 1 Inch. and 2 Inch. GI Pipe for CGD Network of Pune, Nashik, Nanded and Nizamabad GAs of MNGL.Maharashtra Natural Gas Ltd. · 13 Mar 2025₹6.0 Cr
- Annual Rate Contract for Supply of ISI Marked Plain Ended M.S. ERW Line Pipe conforming to IS 1978/1982 Grade YST-210 (Replaced by BIS as IS/ISO 3183/2007 GRADE-L-210, PSL-1) or its latest amendment(s)CGM (Drinking Water) Jal Sansthan · Uttarakhand · 5 Oct 2023₹1.8 L
About Indus Tubes Ltd.
Indus Tubes Ltd. appears as a bidder on 69 government tenders on record, from 8 buyer authorities in 4 states. Of its 69 decided bids, it was awarded 29 — a 42.0% win rate — worth ₹24.0 Cr in total. Its most recent award on record is from 3 Aug 2026.
Its largest buyer by awarded value is NTPC Limited, at 40.1% of what it has won, out of 6 authorities that have awarded it work. Most of its awards come from Uttarakhand and Rajasthan. On priced bids, its median quote is 1.2% above the lowest bid (L1).
It most often bids against VISHAL PIPES LIMITED, Dadu Pipes (P) Limited and UTKARSH INDIA LIMITED. VISHAL PIPES LIMITED bid on 22 of the same tenders and won 8 of them; Indus Tubes Ltd. won 8.