Total bids
11
11 including cancelled tenders
Awarded
2
9 lost · 0 still pending
Awarded value
₹7.1 Cr
of ₹30.7 Cr bid — 23.0% conversion
Win rate
18.2%
of 11 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count11 bids
18.2%
81.8%
Awarded218.2%
Pending00.0%
Tech rejected00.0%
Lost981.8%
By value₹30.7 Cr
23.0%
77.0%
Awarded₹7.1 Cr23.0%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹23.6 Cr77.0%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
2 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedMars Developments awardedOthers
Recent tenders awarded to Mars Developments
- WBSO LPG Electrical Works including of Supply, Third Party Inspection, Erection, Commissioning of different kind of power and control cables with allied works for additional Drive units for additional conveyors length at Kalyani Bottling Plant.IndianOil · 18 Feb 2022₹4.5 Cr
- Electrification works including Supply of equipments materials Field engineering Installation Erection Third Party Inspection Testing and Commissioning of all electrical items and allied works at LPG Bottling Plant Kalyani West BengalIndianOil · 7 Oct 2020₹2.5 Cr
About Mars Developments
Mars Developments appears as a bidder on 11 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 11 decided bids, it was awarded 2 — a 18.2% win rate — worth ₹7.1 Cr in total. Its most recent award on record is from 20 Nov 2023.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 8.3% above the lowest bid (L1).
It most often bids against PRIME ENGINEERS, Modern Electric Co, and GEETU ENGINEERING AND CONSTRUCTIONS PVT. LTD. PRIME ENGINEERS bid on 8 of the same tenders and won 0 of them; Mars Developments won 2.