Competitor profile

Instrument Research Associates Pvt. Ltd.

They win 62% of what they bid, but only 39% of the value — the bigger bids get away.

29tenders on record
1buyer authority
0states
31 Mar 2023last award
Total bids
29
29 including cancelled tenders
Awarded
18
8 lost · 0 still pending
Awarded value
₹73.8 Cr
of ₹190.2 Cr bid — 38.8% conversion
Win rate
62.1%
of 29 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count29 bids
62.1%
10.3%
27.6%
Awarded1862.1%
Pending00.0%
Tech rejected310.3%
Lost827.6%
By value₹190.2 Cr
38.8%
21.7%
39.6%
Awarded₹73.8 Cr38.8%
Pending₹00.0%
Tech rejected₹41.2 Cr21.7%
Lost₹75.3 Cr39.6%

Where they win

1 authority · 0 states

Top buyer organisations

IndianOil₹73.8 Cr100.0%

Operating states

LowHigh

18 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
Technika0 wins · 6 shared tenders
₹0
won head-to-head
02
Dover India Pvt Ltd2 wins · 6 shared tenders
₹81.4 L
won head-to-head
03
N.G.BRROTHERS2 wins · 5 shared tenders
₹252.1 Cr
won head-to-head
04
Woodfield Systems International Pvt Ltd3 wins · 5 shared tenders
₹1.0 Cr
won head-to-head
05
Design Graphics0 wins · 5 shared tenders
₹0
won head-to-head
06
CLASSIC SIGNAGES PVT. LTD.0 wins · 4 shared tenders
₹0
won head-to-head
Rival awardedInstrument awardedOthers

About Instrument Research Associates Pvt. Ltd.

Instrument Research Associates Pvt. Ltd. appears as a bidder on 29 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 29 decided bids, it was awarded 18 — a 62.1% win rate — worth ₹73.8 Cr in total. Its most recent award on record is from 31 Mar 2023.

Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is the lowest (L1).

It most often bids against Technika, Dover India Pvt Ltd and N.G.BRROTHERS. Technika bid on 6 of the same tenders and won 0 of them; Instrument Research Associates Pvt. Ltd. won 1.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.