sp.mathu - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

30 including cancelled tenders

Awarded

16 lost · 0 still pending

Awarded value

₹1.6 Cr

of ₹5.6 Cr bid — 27.9% conversion

Win rate

40.0%

of 30 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count30 bids

40.0%

53.3%

Awarded1240.0%

Pending00.0%

Tech rejected26.7%

Lost1653.3%

By value₹5.6 Cr

27.9%

11.8%

60.3%

Awarded₹1.6 Cr27.9%

Pending₹00.0%

Tech rejected₹65.9 L11.8%

Lost₹3.4 Cr60.3%

Where they win

1 authority · 0 states

Top buyer organisations

IndianOil₹1.6 Cr100.0%

Operating states

LowHigh

12 awards on central/PSU portals carry no state

Top competitors

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

SRI VINAYAGA ENGINEERING CONTRACTORS1 win · 28 shared tenders

₹12.1 L

won head-to-head

KKS ENGINEERS0 wins · 22 shared tenders

₹0

won head-to-head

United Inspection And Engineering Services (KL) Private Limited2 wins · 18 shared tenders

₹22.7 L

won head-to-head

JP ENGINEERS AND BUILDERS7 wins · 17 shared tenders

₹73.6 L

won head-to-head

vaidheeswara fabricators0 wins · 13 shared tenders

₹0

won head-to-head

Ideal Construction and Engineering Works4 wins · 11 shared tenders

₹1.3 Cr

won head-to-head

Rival awardedsp.mathu awardedOthers

Recent tenders awarded to sp.mathu

STATUTORY TESTING OF 3x600 MT MOUNDED BULLETS AT CALICUT BOTTLING PLANTIndianOil · 26 Jun 2023₹17.0 L
5 Yearly Statutory Testing including preliminary works, NDT, Third Part Inspection (TPI) and Painting of 3X150MT LPG Storage above ground bullets and 1X1400MT Horton Sphere (HS) at Indane Bottling Plant, KadapaIndianOil · 10 Nov 2022₹34.1 L
ST for AG bulletsIndianOil · 20 Jun 2020₹19.5 L
Tender for cleaning and painting of Internal and External surfaces and NDT of 2 nos Fire water tank of capacity 3700kl each.IndianOil · 6 Mar 2020₹12.2 L
Painting of two FWTIndianOil · 23 Jan 2020₹5.6 L

About sp.mathu

sp.mathu appears as a bidder on 30 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 30 decided bids, it was awarded 12 — a 40.0% win rate — worth ₹1.6 Cr in total. Its most recent award on record is from 13 Oct 2023.

Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 3.1% above the lowest bid (L1).

It most often bids against SRI VINAYAGA ENGINEERING CONTRACTORS, KKS ENGINEERS and United Inspection And Engineering Services (KL) Private Limited. SRI VINAYAGA ENGINEERING CONTRACTORS bid on 28 of the same tenders and won 1 of them; sp.mathu won 10.