IPICON ENGINEERING PRIVATE LIMITED - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

4 including cancelled tenders

Awarded

2 lost · 0 still pending

Awarded value

₹18.6 L

of ₹1.3 Cr bid — 13.8% conversion

Win rate

25.0%

of 4 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count4 bids

25.0%

50.0%

Awarded125.0%

Pending00.0%

Tech rejected125.0%

Lost250.0%

By value₹1.3 Cr

13.8%

14.3%

71.9%

Awarded₹18.6 L13.8%

Pending₹00.0%

Tech rejected₹19.2 L14.3%

Lost₹96.5 L71.9%

Where they win

1 authority · 1 state

Top buyer organisations

Kerala State Electronics Development Corp Ltd₹18.6 L100.0%

Operating states

LowHigh

Kerala₹18.6 L

Top competitors

In tenders they both bid · bar shows how the awards split

EECG INDUSTRIAL SOLUTIONS PRIVATE LIMITED1 win · 2 shared tenders

₹46.6 L

won head-to-head

Vijas Instrutech private limited0 wins · 1 shared tender

₹0

won head-to-head

Siya Instruments1 win · 1 shared tender

₹48.6 L

won head-to-head

S P ECO FUEL0 wins · 1 shared tender

₹0

won head-to-head

SR TECHNO FAB0 wins · 1 shared tender

₹0

won head-to-head

ENGINEERING EQUIPMENTS1 win · 1 shared tender

₹19.2 L

won head-to-head

Rival awardedIPICON ENGINEERING awardedOthers

Recent tenders awarded to IPICON ENGINEERING

INSTALLATION, COMMISSIONING ASSISTANCE AND SUPPLY OF TECHNICAL MANPOWER FOR SITE WORK AT IREL, OSCOM, ODISHAKerala State Electronics Development Corp Ltd · Kerala · 30 Sept 2026₹18.6 L

About IPICON ENGINEERING PRIVATE LIMITED

IPICON ENGINEERING PRIVATE LIMITED appears as a bidder on 4 government tenders on record, from 4 buyer authorities in 3 states. Of its 4 decided bids, it was awarded 1 — a 25.0% win rate — worth ₹18.6 L in total. Its most recent award on record is from 30 Sept 2026.

Its largest buyer by awarded value is Kerala State Electronics Development Corp Ltd, at 100.0% of what it has won. Most of its awards come from Kerala. On priced bids, its median quote is 0.8% above the lowest bid (L1).

It most often bids against EECG INDUSTRIAL SOLUTIONS PRIVATE LIMITED, Vijas Instrutech private limited and Siya Instruments. EECG INDUSTRIAL SOLUTIONS PRIVATE LIMITED bid on 2 of the same tenders and won 1 of them; IPICON ENGINEERING PRIVATE LIMITED won 0.