Total bids
26
26 including cancelled tenders
Awarded
16
8 lost · 0 still pending
Awarded value
₹62.7 L
of ₹2.8 Cr bid — 22.6% conversion
Win rate
61.5%
of 26 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count26 bids
61.5%
30.8%
Awarded1661.5%
Pending00.0%
Tech rejected27.7%
Lost830.8%
By value₹2.8 Cr
22.6%
27.1%
50.3%
Awarded₹62.7 L22.6%
Pending₹00.0%
Tech rejected₹75.2 L27.1%
Lost₹1.4 Cr50.3%
Where they win
2 authorities · 1 stateTop buyer organisations
Operating states
LowHigh
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedMasthan Steels awardedOthers
Recent tenders awarded to Masthan Steels
- Sale of Condemn buses and other vehiclesState Express Transport Corporation Tamilnadu Limited · Tamil Nadu · 1 Oct 2026₹16.8 L
- SALE OF CONDEMNED BUS KUMBAKONAM REGIONTamilnadu State Transport Corporation · Tamil Nadu · 1 Oct 2026₹1.9 L
- SCRAP SALES FOR TRICHY REGIONTamilnadu State Transport Corporation · Tamil Nadu · 18 Sept 2026₹6,000
- DISPOSAL OF CONDEMNED SCRAP MATERIALSTamilnadu State Transport Corporation · Tamil Nadu · 10 Sept 2026₹1.1 L
- DISPOSAL OF CONDEMNED VEHICLETamilnadu State Transport Corporation · Tamil Nadu · 28 Aug 2026₹10.0 L
About Masthan Steels
Masthan Steels appears as a bidder on 26 government tenders on record, from 2 buyer authorities in 1 state. Of its 26 decided bids, it was awarded 16 — a 61.5% win rate — worth ₹62.7 L in total. Its most recent award on record is from 3 Oct 2026.
Its largest buyer by awarded value is State Express Transport Corporation Tamilnadu Limited, at 60.7% of what it has won, out of 2 authorities that have awarded it work. Most of its awards come from Tamil Nadu. On priced bids, its median quote is the lowest (L1).
It most often bids against SHREE NAGALAKSHMI PYROLYSIS (P) LTD, Global lead alloys and jayvel enterprise. SHREE NAGALAKSHMI PYROLYSIS (P) LTD bid on 16 of the same tenders and won 5 of them; Masthan Steels won 11.