Total bids
6
6 including cancelled tenders
Awarded
2
3 lost · 0 still pending
Awarded value
₹8.8 L
of ₹81.2 L bid — 10.8% conversion
Win rate
33.3%
of 6 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count6 bids
33.3%
16.7%
50.0%
Awarded233.3%
Pending00.0%
Tech rejected116.7%
Lost350.0%
By value₹81.2 L
10.8%
25.0%
64.2%
Awarded₹8.8 L10.8%
Pending₹00.0%
Tech rejected₹20.3 L25.0%
Lost₹52.1 L64.2%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
2 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedNewage Furniture awardedOthers
Recent tenders awarded to Newage Furniture
- Supply and Installation of Lab FurnitureIndianOil · 11 Feb 2019₹3.7 L
- EXECUTIVE CHAIRIndianOil · 25 Sept 2018₹5.1 L
About Newage Furniture Innovations pvt. Ltd.
Newage Furniture Innovations pvt. Ltd. appears as a bidder on 6 government tenders on record, from 3 buyer authorities in 1 state. Of its 6 decided bids, it was awarded 2 — a 33.3% win rate — worth ₹8.8 L in total. Its most recent award on record is from 11 Feb 2019.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 14.1% above the lowest bid (L1).
It most often bids against Mercury lab Planners, Balka Furnishers and Decorators and LIFE STYLE INTERIORS. Mercury lab Planners bid on 2 of the same tenders and won 0 of them; Newage Furniture Innovations pvt. Ltd. won 0.