Competitor profile

Marsap Services Pvt. Ltd.

They win 67% of what they bid, but only 39% of the value — the bigger bids get away.

61tenders on record
7buyer authorities
1state
22 Sept 2026last award
Total bids
60
61 including cancelled tenders
Awarded
40
17 lost · 0 still pending
Awarded value
₹10.0 Cr
of ₹25.6 Cr bid — 39.0% conversion
Win rate
66.7%
of 60 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count60 bids
66.7%
28.3%
Awarded4066.7%
Pending00.0%
Tech rejected35.0%
Lost1728.3%
By value₹25.6 Cr
39.0%
54.0%
Awarded₹10.0 Cr39.0%
Pending₹00.0%
Tech rejected₹1.8 Cr7.0%
Lost₹13.8 Cr54.0%

Where they win

5 authorities · 1 state

Operating states

LowHigh

39 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
₹4.8 Cr
won head-to-head
02
Elico Marketing Pvt Ltd4 wins · 13 shared tenders
₹1.8 Cr
won head-to-head
03
ANTON PAAR INDIA PVT LTD6 wins · 10 shared tenders
₹1.9 Cr
won head-to-head
04
Ducom Instruments Pvt. Ltd.1 win · 4 shared tenders
₹27.5 L
won head-to-head
05
Labindia Instruments Pvt. Ltd.2 wins · 3 shared tenders
₹80.0 L
won head-to-head
06
ACUTE INSTRUMENTS PRIVATE LIMITED1 win · 3 shared tenders
₹26.8 L
won head-to-head
Rival awardedMarsap Services awardedOthers

About Marsap Services Pvt. Ltd.

Marsap Services Pvt. Ltd. appears as a bidder on 61 government tenders on record, from 7 buyer authorities in 1 state. Of its 60 decided bids, it was awarded 40 — a 66.7% win rate — worth ₹10.0 Cr in total. Its most recent award on record is from 22 Sept 2026.

Its largest buyer by awarded value is IndianOil, at 97.0% of what it has won, out of 5 authorities that have awarded it work. Most of its awards come from Maharashtra. On priced bids, its median quote is the lowest (L1).

It most often bids against Labcon Scientific Instruments Private Limited, Elico Marketing Pvt Ltd and ANTON PAAR INDIA PVT LTD. Labcon Scientific Instruments Private Limited bid on 15 of the same tenders and won 5 of them; Marsap Services Pvt. Ltd. won 5.

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.