Total bids
94
95 including cancelled tenders
Awarded
23
46 lost · 0 still pending
Awarded value
₹40.9 Cr
of ₹169.1 Cr bid — 24.2% conversion
Win rate
24.5%
of 94 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count94 bids
24.5%
26.6%
48.9%
Awarded2324.5%
Pending00.0%
Tech rejected2526.6%
Lost4648.9%
By value₹169.1 Cr
24.2%
31.9%
43.9%
Awarded₹40.9 Cr24.2%
Pending₹00.0%
Tech rejected₹54.0 Cr31.9%
Lost₹74.2 Cr43.9%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
23 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedSharad Insulations awardedOthers
Recent tenders awarded to Sharad Insulations
- Hot and Cold Insulation works in PP, MEG and other units at Paradip Refinery and Petrochemical complex, Paradip, OdishaIndianOil · 28 Jan 2026₹68.1 L
- Mitigation of CUI (corrosion under insulation) prone in piping and equipment as per inspection recommendation by suitable protective coating and re-insulation at Panipat Refinery (Phase-1) (Part C and D).IndianOil · 4 Jun 2025₹4.9 Cr
- JC23CLT178 Annual Rate Contract for carrying out Insulation Jobs in Zone-4 (Part-A) and Zone-5 (Part-B) inside Battery Area at Gujarat Refinery.IndianOil · 31 Oct 2023₹4.0 Cr
- External painting of above ground fire water line and process piping at WRPL Chaksu pump stationIndianOil · 23 Oct 2023₹29.5 L
- Replacement of insulation of CDU column and other columns of MCR in running condition at Panipat Refinery and petrochemical complexIndianOil · 19 Sept 2023₹3.0 Cr
About Sharad Insulations and Interiors Pvt. Ltd
Sharad Insulations and Interiors Pvt. Ltd appears as a bidder on 95 government tenders on record, from 3 buyer authorities in 1 state. Of its 94 decided bids, it was awarded 23 — a 24.5% win rate — worth ₹40.9 Cr in total. Its most recent award on record is from 28 Jan 2026.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 3.2% above the lowest bid (L1).
It most often bids against shree thermocare pvt ltd, Beardsell Limited and LLOYD INSULATIONS INDIA LIMITED. shree thermocare pvt ltd bid on 64 of the same tenders and won 13 of them; Sharad Insulations and Interiors Pvt. Ltd won 15.