Total bids
27
27 including cancelled tenders
Awarded
6
20 lost · 0 still pending
Awarded value
₹29.9 L
of ₹8.4 Cr bid — 3.6% conversion
Win rate
22.2%
of 27 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count27 bids
22.2%
74.1%
Awarded622.2%
Pending00.0%
Tech rejected13.7%
Lost2074.1%
By value₹8.4 Cr
40.3%
56.2%
Awarded₹29.9 L3.6%
Pending₹00.0%
Tech rejected₹3.4 Cr40.3%
Lost₹4.7 Cr56.2%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
6 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards split01
PROGRESSIVE REFRACTORY AND MONOLITHICS PRIVATE LIMITED4 wins · 9 shared tenders
₹2.1 Cr
won head-to-head
Rival awardedIndustrial awardedOthers
Recent tenders awarded to Industrial
- PROCUREMENT OF FUSES FOR NTPC SIPATNTPC Limited · 2 Apr 2023₹38,000
- Procurement of Chemically Bonded Plastic Refractory with Liquid BinderNTPC Limited · 14 Oct 2019₹3.5 L
- Procurement of Power ToolsNTPC Limited · 4 May 2019₹56,200
- Procurement of HIGH MAST and MH LIGHTSNTPC Limited · 1 Jan 2019₹7.3 L
- SUPPLY OF PLASTIC REFRACTORY AT NTPC BARHNTPC Limited · 15 Sept 2018₹11.6 L
About Industrial Associates
Industrial Associates appears as a bidder on 27 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 27 decided bids, it was awarded 6 — a 22.2% win rate — worth ₹29.9 L in total. Its most recent award on record is from 3 Feb 2026.
Its largest buyer by awarded value is NTPC Limited, at 100.0% of what it has won. On priced bids, its median quote is 25.2% above the lowest bid (L1).
It most often bids against PROGRESSIVE REFRACTORY AND MONOLITHICS PRIVATE LIMITED, CHAMPION CERAMICS PVT LTD and ABS REFRACTORIES PVT LTD. PROGRESSIVE REFRACTORY AND MONOLITHICS PRIVATE LIMITED bid on 9 of the same tenders and won 4 of them; Industrial Associates won 2.