Universal Heat Exchangers Ltd - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

53 including cancelled tenders

Awarded

34 lost · 0 still pending

Awarded value

₹15.8 Cr

of ₹70.8 Cr bid — 22.3% conversion

Win rate

24.5%

of 53 decided bids

Bid outcomes

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

By count53 bids

24.5%

11.3%

64.2%

Awarded1324.5%

Pending00.0%

Tech rejected611.3%

Lost3464.2%

By value₹70.8 Cr

22.3%

68.6%

Awarded₹15.8 Cr22.3%

Pending₹00.0%

Tech rejected₹6.5 Cr9.1%

Lost₹48.6 Cr68.6%

Where they win

2 authorities · 0 states

Top buyer organisations

IndianOil₹14.4 Cr91.6%

CPCL,DGM(M and C)₹1.3 Cr8.4%

Operating states

LowHigh

13 awards on central/PSU portals carry no state

Top competitors

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

INDCON PROJECTS and EQUIPMENT LTD.7 wins · 16 shared tenders

₹5.0 Cr

won head-to-head

Meenakshi Associates Pvt. Ltd.6 wins · 14 shared tenders

₹2.8 Cr

won head-to-head

Aero Engineers4 wins · 14 shared tenders

₹14.9 Cr

won head-to-head

Techno Process Equipments (India) Ltd1 win · 13 shared tenders

₹11.6 Cr

won head-to-head

Aerotherm Products1 win · 12 shared tenders

₹32.9 L

won head-to-head

UNIQUE CHEMOPLANT EQUIPMENST5 wins · 10 shared tenders

₹67.2 L

won head-to-head

Rival awardedUniversal Heat awardedOthers

Recent tenders awarded to Universal Heat

SUPPLY OF COLUMN AND VESSEL PARTSIndianOil · 4 Aug 2026₹65.0 L
SUPPLY OF HAIRPIN HEAT EXCHANGERSIndianOil · 27 Nov 2025₹31.0 L
SUPPLY OF HEAT EXCHANGERS LASIndianOil · 24 Jan 2025₹48.1 L
SUPPLY OF BRASS, Cu-Ni HEAT EXCHANGER-LOT 2IndianOil · 21 Feb 2024₹1.1 Cr
Supply of Hair Pin Exchanger (58A-E-002)IndianOil · 30 Mar 2023₹49.2 L

About Universal Heat Exchangers Ltd

Universal Heat Exchangers Ltd appears as a bidder on 53 government tenders on record, from 2 buyer authorities on central and PSU portals. Of its 53 decided bids, it was awarded 13 — a 24.5% win rate — worth ₹15.8 Cr in total. Its most recent award on record is from 4 Aug 2026.

Its largest buyer by awarded value is IndianOil, at 91.6% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is 41.5% above the lowest bid (L1).

It most often bids against INDCON PROJECTS and EQUIPMENT LTD., Meenakshi Associates Pvt. Ltd. and Aero Engineers. INDCON PROJECTS and EQUIPMENT LTD. bid on 16 of the same tenders and won 7 of them; Universal Heat Exchangers Ltd won 2.