Competitor profile

Panacea Nexus

They win 80% of what they bid, but only 2% of the value — the bigger bids get away.

5tenders on record
4buyer authorities
1state
28 Sept 2026last award
Total bids
5
5 including cancelled tenders
Awarded
4
1 lost · 0 still pending
Awarded value
₹1.0 L
of ₹47.0 L bid — 2.1% conversion
Win rate
80.0%
of 5 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count5 bids
80.0%
20.0%
Awarded480.0%
Pending00.0%
Tech rejected00.0%
Lost120.0%
By value₹47.0 L
97.8%
Awarded₹1.0 L2.2%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹46.0 L97.8%

Where they win

3 authorities · 1 state

Operating states

LowHigh
Kerala₹1.0 L

Top competitors

In tenders they both bid · bar shows how the awards split
01
UNIQUE SCIENTIFIC3 wins · 3 shared tenders
₹1.1 L
won head-to-head
02
₹18,682
won head-to-head
03
KERALA SCIENTIFIC COMPANY2 wins · 2 shared tenders
₹24,019
won head-to-head
04
SAMARA MEDICAL SUPPLIES LLP1 win · 2 shared tenders
₹5,520
won head-to-head
05
Laboratory Equipment Stores2 wins · 2 shared tenders
₹4,097
won head-to-head
06
Jai Bharath Scientific Solutions2 wins · 2 shared tenders
₹69,849
won head-to-head
Rival awardedPanacea Nexus awardedOthers

About Panacea Nexus

Panacea Nexus appears as a bidder on 5 government tenders on record, from 4 buyer authorities in 1 state. Of its 5 decided bids, it was awarded 4 — a 80.0% win rate — worth ₹1.0 L in total. Its most recent award on record is from 28 Sept 2026.

Its largest buyer by awarded value is Directorate of Technical Education, at 56.8% of what it has won, out of 3 authorities that have awarded it work. Most of its awards come from Kerala. On priced bids, its median quote is the lowest (L1).

It most often bids against UNIQUE SCIENTIFIC, THE INDUSTRIAL AND LABORATORY EQUPMENT CO. and KERALA SCIENTIFIC COMPANY. UNIQUE SCIENTIFIC bid on 3 of the same tenders and won 3 of them; Panacea Nexus won 3.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.