Competitor profile

Ion Exchange India Ltd

They win 43% of what they bid, but only 26% of the value — the bigger bids get away.

178tenders on record
13buyer authorities
3states
1 Oct 2026last award
Total bids
177
178 including cancelled tenders
Awarded
76
88 lost · 0 still pending
Awarded value
₹545.0 Cr
of ₹2.1K Cr bid — 26.1% conversion
Win rate
42.9%
of 177 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count177 bids
42.9%
49.7%
Awarded7642.9%
Pending00.0%
Tech rejected137.3%
Lost8849.7%
By value₹2.1K Cr
26.1%
66.6%
Awarded₹545.0 Cr26.1%
Pending₹00.0%
Tech rejected₹151.7 Cr7.3%
Lost₹1.4K Cr66.6%

Where they win

10 authorities · 2 states

Top buyer organisations

IndianOil₹511.4 Cr93.8%
CPCL,DGM(M and C)₹16.8 Cr3.1%
Uranium Corporation of India Limited₹7.0 Cr1.3%
Hindustan Urvarak and Rasayan Limited₹6.0 Cr1.1%
Madras Fertilizers Limited₹1.6 Cr0.3%

Operating states

LowHigh
Rajasthan₹84.6 L
Tamil Nadu₹97

73 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
Dorf Ketal Chemicals (I) Pvt. Ltd.14 wins · 28 shared tenders
₹154.4 Cr
won head-to-head
02
Chemtex Speciality Limited5 wins · 25 shared tenders
₹3.7 Cr
won head-to-head
03
Chembond Water Technologies Ltd5 wins · 23 shared tenders
₹26.4 Cr
won head-to-head
04
Vasu Chemicals LLP10 wins · 22 shared tenders
₹182.2 Cr
won head-to-head
05
Hubert Enviro Care Systems P Ltd4 wins · 15 shared tenders
₹48.6 Cr
won head-to-head
06
Acuro Organics Limited2 wins · 15 shared tenders
₹39.1 L
won head-to-head
Rival awardedIon Exchange awardedOthers

Recent tenders awarded to Ion Exchange

About Ion Exchange India Ltd

Ion Exchange India Ltd appears as a bidder on 178 government tenders on record, from 13 buyer authorities in 3 states. Of its 177 decided bids, it was awarded 76 — a 42.9% win rate — worth ₹545.0 Cr in total. Its most recent award on record is from 1 Oct 2026.

Its largest buyer by awarded value is IndianOil, at 93.8% of what it has won, out of 10 authorities that have awarded it work. Most of its awards come from Rajasthan and Tamil Nadu. On priced bids, its median quote is 1.6% above the lowest bid (L1).

It most often bids against Dorf Ketal Chemicals (I) Pvt. Ltd., Chemtex Speciality Limited and Chembond Water Technologies Ltd. Dorf Ketal Chemicals (I) Pvt. Ltd. bid on 28 of the same tenders and won 14 of them; Ion Exchange India Ltd won 7.

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.