Competitor profile

RIC Projects Pvt. Ltd.

They win 25% of what they bid, but only 11% of the value — the bigger bids get away.

79tenders on record
5buyer authorities
0states
27 Aug 2026last award
Total bids
79
79 including cancelled tenders
Awarded
20
57 lost · 0 still pending
Awarded value
₹111.3 Cr
of ₹983.5 Cr bid — 11.3% conversion
Win rate
25.3%
of 79 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count79 bids
25.3%
72.2%
Awarded2025.3%
Pending00.0%
Tech rejected22.5%
Lost5772.2%
By value₹983.5 Cr
11.3%
81.0%
Awarded₹111.3 Cr11.3%
Pending₹00.0%
Tech rejected₹75.4 Cr7.7%
Lost₹796.8 Cr81.0%

Where they win

2 authorities · 0 states

Top buyer organisations

NTPC Limited₹50.3 Cr45.2%

Operating states

LowHigh

20 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
M/s HARIOM ENTERPRISES7 wins · 25 shared tenders
₹7.9 Cr
won head-to-head
02
M/s. R.S. Sikarwar4 wins · 14 shared tenders
₹1.3 Cr
won head-to-head
03
M/S NARENDER KUMAR1 win · 12 shared tenders
₹31.4 L
won head-to-head
04
LEO AIR & POWER SOLUTION PVT LTD0 wins · 11 shared tenders
₹0
won head-to-head
05
VISHAL BUILDERS1 win · 10 shared tenders
₹46.0 Cr
won head-to-head
06
M/s A P Management Services3 wins · 10 shared tenders
₹28.1 L
won head-to-head
Rival awardedRIC Projects awardedOthers

About RIC Projects Pvt. Ltd.

RIC Projects Pvt. Ltd. appears as a bidder on 79 government tenders on record, from 5 buyer authorities on central and PSU portals. Of its 79 decided bids, it was awarded 20 — a 25.3% win rate — worth ₹111.3 Cr in total. Its most recent award on record is from 27 Aug 2026.

Its largest buyer by awarded value is Defence Research and Development Organisation, at 54.8% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is 5.6% above the lowest bid (L1).

It most often bids against M/s HARIOM ENTERPRISES, M/s. R.S. Sikarwar and M/S NARENDER KUMAR. M/s HARIOM ENTERPRISES bid on 25 of the same tenders and won 7 of them; RIC Projects Pvt. Ltd. won 6.

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.