Lord Vishwakarma Heat Exchangers Pvt. Ltd. - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

29 including cancelled tenders

Awarded

13 lost · 0 still pending

Awarded value

₹2.3 Cr

of ₹22.5 Cr bid — 10.1% conversion

Win rate

31.0%

of 29 decided bids

Bid outcomes

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

By count29 bids

31.0%

24.1%

44.8%

Awarded931.0%

Pending00.0%

Tech rejected724.1%

Lost1344.8%

By value₹22.5 Cr

10.1%

50.8%

39.1%

Awarded₹2.3 Cr10.1%

Pending₹00.0%

Tech rejected₹11.4 Cr50.8%

Lost₹8.8 Cr39.1%

Where they win

4 authorities · 1 state

Top buyer organisations

IndianOil₹87.7 L38.6%

RRVUN - CMD₹81.4 L35.8%

CPCL,DGM(M and C)₹39.8 L17.5%

THDC India Limited₹18.3 L8.1%

Operating states

LowHigh

Rajasthan₹81.4 L

8 awards on central/PSU portals carry no state

Top competitors

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

Aerotherm Products0 wins · 13 shared tenders

₹0

won head-to-head

INDCON PROJECTS and EQUIPMENT LTD.0 wins · 10 shared tenders

₹0

won head-to-head

Cryostar Tanks & Vessels Pvt. Ltd0 wins · 9 shared tenders

₹0

won head-to-head

MULTIMAX ENGINEERING WORKS PVT. LTD0 wins · 9 shared tenders

₹0

won head-to-head

INDUSTRIAL MANUFACTURERS0 wins · 9 shared tenders

₹0

won head-to-head

Hindustan Radiators And Heat Exchangers Pvt. Ltd.1 win · 9 shared tenders

₹58.3 L

won head-to-head

Rival awardedLord Vishwakarma awardedOthers

Recent tenders awarded to Lord Vishwakarma

TN-4992 Re-tubing of LP Heater , BFP Oil coolers of 210 MW units of KSTPS, Kota and Turbine Lube Oil Cooler of 110 MW unit including repair of main tube plates, Baffle plates and Tie rods etcRRVUN - CMD · Rajasthan · 28 Dec 2022₹81.4 L
Duplex Tube BundleIndianOil · 28 May 2021₹16.3 L
SUPPLY OF TUBE BUNDLE AND HEAT EXCHANGERIndianOil · 6 May 2021₹60.3 L
TUBE BUNDLESIndianOil · 27 Apr 2021₹5.5 L
HEAT EXCHANGER BUNDLES FOR 10-E-127/227 AND 087-E-0088 at Paradip RefineryIndianOil · 26 Mar 2021₹1.5 L

About Lord Vishwakarma Heat Exchangers Pvt. Ltd.

Lord Vishwakarma Heat Exchangers Pvt. Ltd. appears as a bidder on 29 government tenders on record, from 6 buyer authorities in 1 state. Of its 29 decided bids, it was awarded 9 — a 31.0% win rate — worth ₹2.3 Cr in total. Its most recent award on record is from 22 Sept 2026.

Its largest buyer by awarded value is IndianOil, at 38.6% of what it has won, out of 4 authorities that have awarded it work. Most of its awards come from Rajasthan. On priced bids, its median quote is the lowest (L1).

It most often bids against Aerotherm Products, INDCON PROJECTS and EQUIPMENT LTD. and Cryostar Tanks & Vessels Pvt. Ltd. Aerotherm Products bid on 13 of the same tenders and won 0 of them; Lord Vishwakarma Heat Exchangers Pvt. Ltd. won 5.