Total bids
23
24 including cancelled tenders
Awarded
6
7 lost · 0 still pending
Awarded value
₹19.6 Cr
of ₹162.9 Cr bid — 12.1% conversion
Win rate
26.1%
of 23 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count23 bids
26.1%
43.5%
30.4%
Awarded626.1%
Pending00.0%
Tech rejected1043.5%
Lost730.4%
By value₹162.9 Cr
12.0%
61.1%
26.9%
Awarded₹19.6 Cr12.0%
Pending₹00.0%
Tech rejected₹99.5 Cr61.1%
Lost₹43.8 Cr26.9%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
6 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedNovatech Projects awardedOthers
Recent tenders awarded to Novatech Projects
- SUPPLY OF DMDS DRUM (SS PRESSURE VESSEL)IndianOil · 12 Sept 2022₹20.1 L
- Supply of Storage TankIndianOil · 16 Dec 2020₹23.6 L
- Storage Tanks (Shop Fabricated)IndianOil · 10 Dec 2020₹96.8 L
- VESSELS WITH AGITATOR AND COILIndianOil · 15 Sept 2020₹3.3 Cr
- Storage Tanks (Site Fabricated)IndianOil · 27 Jul 2020₹10.5 Cr
About Novatech Projects India Pvt.Ltd
Novatech Projects India Pvt.Ltd appears as a bidder on 24 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 23 decided bids, it was awarded 6 — a 26.1% win rate — worth ₹19.6 Cr in total. Its most recent award on record is from 14 Oct 2023.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is the lowest (L1).
It most often bids against Expo Gas Containers Ltd, INDCON PROJECTS and EQUIPMENT LTD. and RELIANCE FABRICATIONS PRIVATE LIMITED. Expo Gas Containers Ltd bid on 9 of the same tenders and won 1 of them; Novatech Projects India Pvt.Ltd won 0.