Total bids
11
11 including cancelled tenders
Awarded
3
7 lost · 0 still pending
Awarded value
₹8.7 Cr
of ₹45.0 Cr bid — 19.4% conversion
Win rate
27.3%
of 11 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count11 bids
27.3%
63.6%
Awarded327.3%
Pending00.0%
Tech rejected19.1%
Lost763.6%
By value₹45.0 Cr
19.4%
79.8%
Awarded₹8.7 Cr19.4%
Pending₹00.0%
Tech rejected₹35.5 L0.8%
Lost₹35.9 Cr79.8%
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 awardedNEW HI TECH awardedOthers
Recent tenders awarded to NEW HI TECH
- e-NIT for Construction of Staff Quarters (G plus 4) at Nomain Colony, KatraSHRI MATA VAISHNO DEVI SHRINE BOARD · Jammu And Kashmir · 12 Jul 2022₹7.6 Cr
- Electrification of Boys HOstel at Poonch Campus of Jammu University at PoonchUniversity Department · Jammu And Kashmir · 16 Oct 2014₹54.0 L
- Electrification of Girls Hostel at Poonch Campus of Jammu University at PoonchUniversity Department · Jammu And Kashmir · 27 Aug 2014₹55.2 L
About NEW HI TECH WORKS
NEW HI TECH WORKS appears as a bidder on 11 government tenders on record, from 3 buyer authorities in 1 state. Of its 11 decided bids, it was awarded 3 — a 27.3% win rate — worth ₹8.7 Cr in total. Its most recent award on record is from 24 May 2024.
Its largest buyer by awarded value is SHRI MATA VAISHNO DEVI SHRINE BOARD, at 87.5% of what it has won, out of 2 authorities that have awarded it work. Most of its awards come from Jammu And Kashmir. On priced bids, its median quote is 4.5% above the lowest bid (L1).
It most often bids against J K ENGINEERS, Ms R K Gupta and Co and Northern Power Infra LLP. J K ENGINEERS bid on 3 of the same tenders and won 0 of them; NEW HI TECH WORKS won 2.