Total bids
86
87 including cancelled tenders
Awarded
61
12 lost · 0 still pending
Awarded value
₹19.3 Cr
of ₹30.0 Cr bid — 64.3% conversion
Win rate
70.9%
of 86 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count86 bids
70.9%
15.1%
14.0%
Awarded6170.9%
Pending00.0%
Tech rejected1315.1%
Lost1214.0%
By value₹30.0 Cr
64.3%
31.2%
Awarded₹19.3 Cr64.3%
Pending₹00.0%
Tech rejected₹9.4 Cr31.2%
Lost₹1.4 Cr4.5%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
61 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedOcean Valves awardedOthers
Recent tenders awarded to Ocean Valves
- Supply of valves for various MOC schemes.IndianOil · 7 Mar 2024₹26.8 L
- Supply of ValvesIndianOil · 23 Feb 2023₹21.7 L
- SUPPLY OF VALVESIndianOil · 26 Dec 2022₹3.6 L
- Supply of Valves for Various Process Modification Schemes at IOCL Paradip RefineryIndianOil · 25 May 2022₹22.5 L
- Procurement of ValvesIndianOil · 29 Apr 2022₹5.1 L
About Ocean Valves Manufacturing Company
Ocean Valves Manufacturing Company appears as a bidder on 87 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 86 decided bids, it was awarded 61 — a 70.9% win rate — worth ₹19.3 Cr in total. Its most recent award on record is from 7 Mar 2024.
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 STAR ENGINEERS, DINTECH VALVES PVT LTD and LIBRA ENGINEERING WORKS. STAR ENGINEERS bid on 66 of the same tenders and won 43 of them; Ocean Valves Manufacturing Company won 46.