Total bids
196
197 including cancelled tenders
Awarded
15
115 lost · 0 still pending
Awarded value
₹12.1 Cr
of ₹229.0 Cr bid — 5.3% conversion
Win rate
7.7%
of 196 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count196 bids
33.7%
58.7%
Awarded157.7%
Pending00.0%
Tech rejected6633.7%
Lost11558.7%
By value₹229.0 Cr
27.8%
66.9%
Awarded₹12.1 Cr5.3%
Pending₹00.0%
Tech rejected₹63.7 Cr27.8%
Lost₹153.1 Cr66.9%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
15 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedIndustrial awardedOthers
Recent tenders awarded to Industrial
- Repair of Fireproofing of various structures at Haldia RefineryIndianOil · 29 Jul 2026₹3.3 Cr
- FIRE PROOFING WORKS AT VARIOUS UNITS AND OFFSITE AREAS AT IOCL BONGAIGAON REFINERYIndianOil · 2 Jul 2026₹2.2 Cr
- DRE224B262 ARC FOR REPAIR AND MAINTENANCE OF FIRE PROOFING JOBS AT IOCL DIGBOI REFINERYIndianOil · 18 Jul 2025₹1.8 Cr
- DRE024B003 REPAIR and MAINTENANCE OF FIRE PROOFING JOBS AT IOCL DIGBOI REFINERYIndianOil · 29 Jan 2025₹86.9 L
- Supply of Refractory Anchors and SS Fibres at IOCL Paradip RefineryIndianOil · 28 May 2022₹76,154
About Industrial Associates
Industrial Associates appears as a bidder on 197 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 196 decided bids, it was awarded 15 — a 7.7% win rate — worth ₹12.1 Cr in total. Its most recent award on record is from 29 Jul 2026.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 45.5% above the lowest bid (L1).
It most often bids against Lloyd Insulations India Ltd, shree thermocare pvt ltd and Beardsell Limited. Lloyd Insulations India Ltd bid on 68 of the same tenders and won 25 of them; Industrial Associates won 3.