Total bids
312
313 including cancelled tenders
Awarded
70
221 lost · 0 still pending
Awarded value
₹7.8 Cr
of ₹43.5 Cr bid — 17.9% conversion
Win rate
22.4%
of 312 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count312 bids
22.4%
70.8%
Awarded7022.4%
Pending00.0%
Tech rejected216.7%
Lost22170.8%
By value₹43.5 Cr
17.9%
26.4%
55.7%
Awarded₹7.8 Cr17.9%
Pending₹00.0%
Tech rejected₹11.5 Cr26.4%
Lost₹24.3 Cr55.7%
Where they win
1 authority · 1 stateTop buyer organisations
Operating states
LowHigh
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedNovelty Enterprises awardedOthers
Recent tenders awarded to Novelty Enterprises
- CEKZ-DEP-64/2025-26HPSEBL · Himachal Pradesh · 18 Jul 2026₹2.3 Cr
- SEOP-33/2025-26HPSEBL · Himachal Pradesh · 23 Apr 2026₹21.8 L
- DED02-2026-27HPSEBL · Himachal Pradesh · 18 Apr 2026₹61,722
- SEOP-31/2025-26HPSEBL · Himachal Pradesh · 16 Apr 2026₹23.5 L
- LED 61/2025-26HPSEBL · Himachal Pradesh · 27 Mar 2026₹2.1 L
About Novelty Enterprises
Novelty Enterprises appears as a bidder on 313 government tenders on record, from 2 buyer authorities in 1 state. Of its 312 decided bids, it was awarded 70 — a 22.4% win rate — worth ₹7.8 Cr in total. Its most recent award on record is from 22 Sept 2026.
Its largest buyer by awarded value is HPSEBL, at 100.0% of what it has won. Most of its awards come from Himachal Pradesh. On priced bids, its median quote is 3.9% above the lowest bid (L1).
It most often bids against M/s Dharamshala Electrical, M/S DEVARYA ENGINEERING and AGR Engineers. M/s Dharamshala Electrical bid on 108 of the same tenders and won 46 of them; Novelty Enterprises won 32.