Total bids
2
2 including cancelled tenders
Awarded
1
1 lost · 0 still pending
Awarded value
₹12.3 L
of ₹91.1 L bid — 13.5% conversion
Win rate
50.0%
of 2 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count2 bids
50.0%
50.0%
Awarded150.0%
Pending00.0%
Tech rejected00.0%
Lost150.0%
By value₹91.1 L
13.5%
86.5%
Awarded₹12.3 L13.5%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹78.8 L86.5%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
1 award on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedMadhu Techno awardedOthers
Recent tenders awarded to Madhu Techno
- Supply of Spares for Online Corrosion Elements.IndianOil · 25 Feb 2022₹12.3 L
About Madhu Techno Devices Pvt Ltd
Madhu Techno Devices Pvt Ltd appears as a bidder on 2 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 2 decided bids, it was awarded 1 — a 50.0% win rate — worth ₹12.3 L in total. Its most recent award on record is from 25 Feb 2022.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 375.6% above the lowest bid (L1).
It most often bids against Pyramid Technical Services Pvt. Ltd.. Pyramid Technical Services Pvt. Ltd. bid on 1 of the same tender and won 1 of them; Madhu Techno Devices Pvt Ltd won 0.