Total bids
13
14 including cancelled tenders
Awarded
8
5 lost · 0 still pending
Awarded value
₹214.2 Cr
of ₹310.4 Cr bid — 69.0% conversion
Win rate
61.5%
of 13 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count13 bids
61.5%
38.5%
Awarded861.5%
Pending00.0%
Tech rejected00.0%
Lost538.5%
By value₹310.4 Cr
69.0%
31.0%
Awarded₹214.2 Cr69.0%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹96.3 Cr31.0%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
8 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedSHANTANU CHEMICALS awardedOthers
Recent tenders awarded to SHANTANU CHEMICALS
- CN Melt at Plant 1- Jayant SingrauliIndianOil · 25 Feb 2026₹56.0 Cr
- Rate contract for Procurement of 69852 MT of CN melt with 85 per cent Active Matter ContentIndianOil · 8 Jun 2024₹31.7 Cr
- Rate contract for Procurement of 3018 MT of CN melt with 85 per cent Active Matter Content at Singrauli PlantIndianOil · 26 Jul 2023₹23,700
- Rate contract for Procurement of 5527 MT of CN melt with 85 PER CENT Active Matter Content at Kusmunda and Umrer PlantIndianOil · 12 Jun 2023₹27,100
- Rate contract for Procurement of 5524 MT of CN melt with 85 per cent Active Matter Content at Singrauli PlantIndianOil · 10 Apr 2023₹28,000
About M/s SHANTANU CHEMICALS
M/s SHANTANU CHEMICALS appears as a bidder on 14 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 13 decided bids, it was awarded 8 — a 61.5% win rate — worth ₹214.2 Cr in total. Its most recent award on record is from 25 Feb 2026.
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 RASAYAN UDYOG, NITROCHEM ENERGIES and Krishna Chemicals. RASAYAN UDYOG bid on 12 of the same tenders and won 8 of them; M/s SHANTANU CHEMICALS won 8.