Competitor profile

Madras Security Printers Private Limited

They win 9% of what they bid, and 0% of the value they chase.

12tenders on record
8buyer authorities
5states
9 Sept 2026last award
Total bids
11
12 including cancelled tenders
Awarded
1
7 lost · 0 still pending
Awarded value
₹0
of ₹97.9 Cr bid — 0.0% conversion
Win rate
9.1%
of 11 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count11 bids
27.3%
63.6%
Awarded19.1%
Pending00.0%
Tech rejected327.3%
Lost763.6%
By value₹97.9 Cr
71.2%
28.8%
Awarded₹00.0%
Pending₹00.0%
Tech rejected₹69.8 Cr71.2%
Lost₹28.2 Cr28.8%

Where they win

1 authority · 0 states

Top 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 split
01
M-Tech Innovations Ltd4 wins · 6 shared tenders
₹4.2 Cr
won head-to-head
02
₹3.8 Cr
won head-to-head
03
Colorplast Systems Private Limited1 win · 3 shared tenders
₹7
won head-to-head
04
Rosmerta Technologies Limited1 win · 3 shared tenders
₹4
won head-to-head
05
₹0
won head-to-head
06
Ecartes Technology Pvt. Ltd.0 wins · 2 shared tenders
₹0
won head-to-head
Rival awardedMadras Security awardedOthers

About Madras Security Printers Private Limited

Madras Security Printers Private Limited appears as a bidder on 12 government tenders on record, from 8 buyer authorities in 5 states. Of its 11 decided bids, it was awarded 1 — a 9.1% win rate. Its most recent award on record is from 9 Sept 2026.

On priced bids, its median quote is 71.6% above the lowest bid (L1).

It most often bids against M-Tech Innovations Ltd, Versatile Card Technology Private Limited and Colorplast Systems Private Limited. M-Tech Innovations Ltd bid on 6 of the same tenders and won 4 of them; Madras Security Printers Private Limited won 0.

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.