Total bids
2
2 including cancelled tenders
Awarded
1
1 lost · 0 still pending
Awarded value
₹4.8 Cr
of ₹8.1 Cr bid — 59.6% conversion
Win rate
50.0%
of 2 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count2 bids
50.0%
50.0%
Awarded150.0%
Pending00.0%
Tech rejected00.0%
Lost150.0%
By value₹8.1 Cr
59.6%
40.4%
Awarded₹4.8 Cr59.6%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹3.3 Cr40.4%
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 awardedRIECO INDS awardedOthers
Recent tenders awarded to RIECO INDS
- ALUMINA CONVEYING AND STORAGE PACKAGEIndianOil · 27 Jan 2021₹4.8 Cr
About RIECO INDS LTD
RIECO INDS LTD appears as a bidder on 2 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 2 decided bids, it was awarded 1 — a 50.0% win rate — worth ₹4.8 Cr in total. Its most recent award on record is from 27 Jan 2021.
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 Rajdeep Envirocon LLP, Indpro Engineering Systems Pvt Ltd and MACAWBER ENGINEERING SYSTEMS INDIA PVT.LTD.. Rajdeep Envirocon LLP bid on 2 of the same tenders and won 1 of them; RIECO INDS LTD won 1.