Total bids
124
124 including cancelled tenders
Awarded
18
93 lost · 0 still pending
Awarded value
₹887.2 Cr
of ₹962.0 Cr bid — 92.2% conversion
Win rate
14.5%
of 124 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count124 bids
14.5%
10.5%
75.0%
Awarded1814.5%
Pending00.0%
Tech rejected1310.5%
Lost9375.0%
By value₹962.0 Cr
92.2%
Awarded₹887.2 Cr92.2%
Pending₹00.0%
Tech rejected₹12.1 Cr1.3%
Lost₹62.7 Cr6.5%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
18 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedMADHU GOYAL awardedOthers
Recent tenders awarded to MADHU GOYAL
- 1st Perpetual Empanelment of contractors for Execution of various types and nature of Engineering works under Punjab State Office under Category I (0 to 100 Lakh)IndianOil · 8 Aug 2025₹0
- Zonal Rate Contract under Cat_II i.e Rs. 0 to 50 Lakhs for carrying out Capital_Revenue works under Delhi and Haryana State officeIndianOil · 8 Sept 2022₹553.9 Cr
- Empanelment of Contractors under Capex Rate Contract under Category-II (0-50 Lacs) for Locations falling under Rajasthan State OfficeIndianOil · 7 Apr 2022₹0
- Provision of Canopy and allied works for 3 different ROs under Panipat Divisional OfficeIndianOil · 17 Nov 2021₹67.9 L
- Perpetual Empanelment of Contractors for CIVIL and MECHANICAL WORKS UNDER 100-200 LACS FOR PSOIndianOil · 12 Oct 2021₹1
About MADHU GOYAL AND CO
MADHU GOYAL AND CO appears as a bidder on 124 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 124 decided bids, it was awarded 18 — a 14.5% win rate — worth ₹887.2 Cr in total. Its most recent award on record is from 5 Oct 2026.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 25.6% above the lowest bid (L1).
It most often bids against Emkay Trading Co., JOGINDRA ENGINEERING WORKS and GAYATRI CONSTRUCTION CO.. Emkay Trading Co. bid on 87 of the same tenders and won 6 of them; MADHU GOYAL AND CO won 13.