Competitor profile

MEGAVARNAN V

They win 17% of what they bid, and 17% of the value they chase.

137tenders on record
8buyer authorities
1state
31 Mar 2026last award
Total bids
134
137 including cancelled tenders
Awarded
23
86 lost · 0 still pending
Awarded value
₹2.6 Cr
of ₹15.4 Cr bid — 16.6% conversion
Win rate
17.2%
of 134 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count134 bids
17.2%
18.7%
64.2%
Awarded2317.2%
Pending00.0%
Tech rejected2518.7%
Lost8664.2%
By value₹15.4 Cr
16.6%
17.8%
65.6%
Awarded₹2.6 Cr16.6%
Pending₹00.0%
Tech rejected₹2.7 Cr17.8%
Lost₹10.1 Cr65.6%

Where they win

3 authorities · 1 state

Top competitors

In tenders they both bid · bar shows how the awards split
01
N Sakthivelu1 win · 18 shared tenders
₹8.5 L
won head-to-head
02
P VETRIVEL5 wins · 15 shared tenders
₹37.8 L
won head-to-head
03
N Vazhumuni2 wins · 14 shared tenders
₹30.8 L
won head-to-head
04
V Ramadoss2 wins · 13 shared tenders
₹19.4 L
won head-to-head
05
P Ramamoorthy1 win · 11 shared tenders
₹35.0 L
won head-to-head
06
SIVAKUMAR K6 wins · 11 shared tenders
₹30.1 L
won head-to-head
Rival awardedMEGAVARNAN awardedOthers

About MEGAVARNAN V

MEGAVARNAN V appears as a bidder on 137 government tenders on record, from 8 buyer authorities in 1 state. Of its 134 decided bids, it was awarded 23 — a 17.2% win rate — worth ₹2.6 Cr in total. Its most recent award on record is from 31 Mar 2026.

Its largest buyer by awarded value is Department of Local Administration, at 88.3% of what it has won, out of 3 authorities that have awarded it work. Most of its awards come from Puducherry. On priced bids, its median quote is 6.1% above the lowest bid (L1).

It most often bids against N Sakthivelu, P VETRIVEL and N Vazhumuni. N Sakthivelu bid on 18 of the same tenders and won 1 of them; MEGAVARNAN V won 2.

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.