Total bids
3
3 including cancelled tenders
Awarded
1
1 lost · 0 still pending
Awarded value
₹8.4 L
of ₹33.2 L bid — 25.3% conversion
Win rate
33.3%
of 3 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count3 bids
33.3%
33.3%
33.3%
Awarded133.3%
Pending00.0%
Tech rejected133.3%
Lost133.3%
By value₹33.2 L
25.3%
59.7%
15.1%
Awarded₹8.4 L25.3%
Pending₹00.0%
Tech rejected₹19.8 L59.7%
Lost₹5.0 L15.1%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
1 award on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedPANACEA INSTRUMENTS awardedOthers
Recent tenders awarded to PANACEA INSTRUMENTS
- Ultra-Micro Weighing BalanceRajiv Gandhi Institute of Petroleum Technology · 29 Nov 2023₹8.4 L
About PANACEA INSTRUMENTS PRIVATE LIMITED
PANACEA INSTRUMENTS PRIVATE LIMITED appears as a bidder on 3 government tenders on record, from 3 buyer authorities in 1 state. Of its 3 decided bids, it was awarded 1 — a 33.3% win rate — worth ₹8.4 L in total. Its most recent award on record is from 29 Nov 2023.
Its largest buyer by awarded value is Rajiv Gandhi Institute of Petroleum Technology, at 100.0% of what it has won. On priced bids, its median quote is 3.5% above the lowest bid (L1).
It most often bids against Duttco Instruments, VENTURE SCIENTIFIC and PELICAN EQUIPMENTS. Duttco Instruments bid on 1 of the same tender and won 0 of them; PANACEA INSTRUMENTS PRIVATE LIMITED won 0.