M/s Ray Construction - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

37 including cancelled tenders

Awarded

12 lost · 0 still pending

Awarded value

₹238.7 Cr

of ₹379.7 Cr bid — 62.9% conversion

Win rate

54.3%

of 35 decided bids

Bid outcomes

How their decided bids ended, by number and by value

By count35 bids

54.3%

11.4%

34.3%

Awarded1954.3%

Pending00.0%

Tech rejected411.4%

Lost1234.3%

By value₹379.7 Cr

62.8%

32.6%

Awarded₹238.7 Cr62.8%

Pending₹00.0%

Tech rejected₹17.3 Cr4.5%

Lost₹123.8 Cr32.6%

Where they win

5 authorities · 1 state

Top buyer organisations

RCD EinC₹112.8 Cr47.3%

RWD EinC₹94.4 Cr39.5%

RDD Special Division₹21.7 Cr9.1%

Department of Mines and Geology₹6.6 Cr2.8%

WRD EinC Major-Med n Minor₹3.2 Cr1.3%

Operating states

LowHigh

Jharkhand₹238.7 Cr

Top competitors

In tenders they both bid · bar shows how the awards split

M/S CHANDEL CONSTRUCTION3 wins · 12 shared tenders

₹35.2 Cr

won head-to-head

M/S SUJEET KUMAR SINGH0 wins · 6 shared tenders

₹0

won head-to-head

LEADING CONSTRUCTION1 win · 5 shared tenders

₹10.1 Cr

won head-to-head

K. K. Builders Pvt. Ltd.3 wins · 5 shared tenders

₹37.8 Cr

won head-to-head

BIJOY SHANKAR MISHRA3 wins · 4 shared tenders

₹22.9 Cr

won head-to-head

VARDHAN SYNDICATE PRIVATE LIMITED0 wins · 4 shared tenders

₹0

won head-to-head

Rival awardedRay Construction awardedOthers

Recent tenders awarded to Ray Construction

E-AUCTION FOR SETTLEMENT OF JOJODA, TOMDEL-II SAND GHATS OF WEST SINGHBHUM FOR 5 YEARSDepartment of Mines and Geology · Jharkhand · 26 Sept 2026₹6.6 Cr
Construction of H.L RCC Bridge Over Koyal River at 11th Km of Undhan-Baranga-Dhanapali Road Under Road Division, Manoharpur.RCD EinC · Jharkhand · 22 Jul 2026₹32.8 Cr
IRQP of Singhpokharia to Jaintgarh via Siringsia-Jagannathpur Road (MDR-181) from Km 27.00 to 59.66 Km (Total length 33.66 Km) under Road Division,Chaibasafor the year 2025-26RCD EinC · Jharkhand · 12 May 2026₹23.1 Cr
CONSTRUCTION OF PCC ROAD FROM VILLAGE DENGSARGI AT SARKARI SCHOOL TO REO ROAD IN LANDUPADA PANCHAYAT UNDER BLOCK BANDGAON, WEST SINGHBHUM DISTRICTWRD EinC Major-Med n Minor · Jharkhand · 12 Mar 2026₹3.2 Cr
Construction of bridge over Roro River on VillageTonto to Amita Road at Gotopa under Tonto Panchayat in Sadar Block under West Singhbhum District.RDD Special Division · Jharkhand · 26 Sept 2025₹6.4 Cr

About M/s Ray Construction

M/s Ray Construction appears as a bidder on 37 government tenders on record, from 6 buyer authorities in 1 state. Of its 35 decided bids, it was awarded 19 — a 54.3% win rate — worth ₹238.7 Cr in total. Its most recent award on record is from 26 Sept 2026.

Its largest buyer by awarded value is RCD EinC, at 47.3% of what it has won, out of 5 authorities that have awarded it work. Most of its awards come from Jharkhand. On priced bids, its median quote is the lowest (L1).

It most often bids against M/S CHANDEL CONSTRUCTION, M/S SUJEET KUMAR SINGH and LEADING CONSTRUCTION. M/S CHANDEL CONSTRUCTION bid on 12 of the same tenders and won 3 of them; M/s Ray Construction won 6.