NAND LAL RAY - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

58 including cancelled tenders

Awarded

31 lost · 0 still pending

Awarded value

₹32.1 Cr

of ₹101.9 Cr bid — 31.5% conversion

Win rate

27.6%

of 58 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count58 bids

27.6%

19.0%

53.4%

Awarded1627.6%

Pending00.0%

Tech rejected1119.0%

Lost3153.4%

By value₹101.9 Cr

31.5%

26.8%

41.7%

Awarded₹32.1 Cr31.5%

Pending₹00.0%

Tech rejected₹27.3 Cr26.8%

Lost₹42.5 Cr41.7%

Where they win

1 authority · 0 states

Top buyer organisations

IndianOil₹32.1 Cr100.0%

Operating states

LowHigh

16 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

M/S KALPANA CONSTRUCTION COMPANY0 wins · 20 shared tenders

₹0

won head-to-head

SARASWATI TECH INFRA PVT. LTD.2 wins · 19 shared tenders

₹6.7 Cr

won head-to-head

Uday Engineering Works2 wins · 16 shared tenders

₹2.5 Cr

won head-to-head

M/s Laxmi Construction Co.5 wins · 14 shared tenders

₹9.7 Cr

won head-to-head

M/S TUN TUN SINGH2 wins · 13 shared tenders

₹3.1 Cr

won head-to-head

Energetic Engineering and Company0 wins · 13 shared tenders

₹0

won head-to-head

Rival awardedNAND LAL RAY awardedOthers

Recent tenders awarded to NAND LAL RAY

July 23 Shutdown Jobs at Digboi refineryIndianOil · 9 Jun 2023₹3.0 Cr
Repair and Maintenance of Columns, Vessels, Heat Exchangers, Air fin coolers, Reactors, Pipings and other miscellaneous Hot and Cold jobs during shutdown of RFCC and NHTCCR unit at Barauni Refinery.IndianOil · 5 Nov 2022₹3.0 Cr
Miscelleneous Hot And Cold Shutdown Jobs in MAndI Shutdown of AVU-1 Unit of Panipat Refinery.IndianOil · 28 Jul 2022₹4.4 Cr
ARC for Mechanical Maintenance works in RFCCU, DHDT, HGU I and II, SRU, SWSU, ARU, New ARU and BXP offsite at Barauni Refinery.IndianOil · 7 Jun 2022₹2.0 Cr
Annual Rate Contract for Operation and Maintenance of Heavy equipments at Barauni Refinery.IndianOil · 1 Oct 2021₹65.2 L

About NAND LAL RAY

NAND LAL RAY appears as a bidder on 58 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 58 decided bids, it was awarded 16 — a 27.6% win rate — worth ₹32.1 Cr in total. Its most recent award on record is from 10 Mar 2025.

Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 1.6% above the lowest bid (L1).

It most often bids against M/S KALPANA CONSTRUCTION COMPANY, SARASWATI TECH INFRA PVT. LTD. and Uday Engineering Works. M/S KALPANA CONSTRUCTION COMPANY bid on 20 of the same tenders and won 0 of them; NAND LAL RAY won 9.