Total bids
136
136 including cancelled tenders
Awarded
28
83 lost · 0 still pending
Awarded value
₹148.5 Cr
of ₹591.2 Cr bid — 25.1% conversion
Win rate
20.6%
of 136 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count136 bids
20.6%
18.4%
61.0%
Awarded2820.6%
Pending00.0%
Tech rejected2518.4%
Lost8361.0%
By value₹591.2 Cr
25.1%
24.2%
50.7%
Awarded₹148.5 Cr25.1%
Pending₹00.0%
Tech rejected₹142.8 Cr24.2%
Lost₹299.9 Cr50.7%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
28 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedSteeltech system awardedOthers
Recent tenders awarded to Steeltech system
- PWRJT24028 Maintenance and Inspection Work of Crude Oil Storage Tanks VT-06 at WRPL Viramgam.IndianOil · 28 Nov 2024₹13.5 Cr
- Repair and Maintenance works of T-113 and other tanks at Haldia Refinery.IndianOil · 20 Feb 2024₹10.8 Cr
- WBSO ENG M and I Works at HSD Tank 07, Haldia Refinery Terminal.IndianOil · 24 Jan 2024₹86.4 L
- Replacement of damaged LPG pipeline of valve manifold and different ball valves, swing type check valves, excess flow check valve, TSV and ROV in LPG line at Indane Bottling Plant, Port BlairIndianOil · 12 Jan 2024₹43.1 L
- WBSO ENGG-Rate Contract for M and I works Rs 0-50 Lakhs on various operating locations Terminal,Depot,AFS,RCDs,RDIs and Bitumen,Lube Plants Under WBSO for a period of 3 Years with a provision for extension by another 6 months with mutual consentIndianOil · 12 Dec 2023₹1
About Steeltech system
Steeltech system appears as a bidder on 136 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 136 decided bids, it was awarded 28 — a 20.6% win rate — worth ₹148.5 Cr in total. Its most recent award on record is from 16 Sept 2026.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 12.1% above the lowest bid (L1).
It most often bids against S. B. Engineering, Expo Gas Containers Ltd and PMP Construction Pvt. Ltd.. S. B. Engineering bid on 39 of the same tenders and won 12 of them; Steeltech system won 10.