V-MARC India Limited - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

152

152 including cancelled tenders

Awarded

61 lost · 0 still pending

Awarded value

₹36.3 Cr

of ₹152.5 Cr bid — 23.8% conversion

Win rate

56.6%

of 152 decided bids

Bid outcomes

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

By count152 bids

56.6%

40.1%

Awarded8656.6%

Pending00.0%

Tech rejected53.3%

Lost6140.1%

By value₹152.5 Cr

23.8%

46.2%

30.0%

Awarded₹36.3 Cr23.8%

Pending₹00.0%

Tech rejected₹70.5 Cr46.2%

Lost₹45.7 Cr30.0%

Where they win

6 authorities · 6 states

Top buyer organisations

Department of Power₹30.5 Cr84.2%

SE-UPCL Corporate (Contract and Procurement)₹4.4 Cr12.0%

Haryana Board Corporation₹42.2 L1.2%

Chairman cum MD, TSECL₹40.2 L1.1%

HPSEBL₹32.6 L0.9%

Operating states

LowHigh

Punjab₹30.5 Cr

Uttarakhand₹4.4 Cr

Haryana₹42.2 L

Tripura₹40.2 L

Himachal Pradesh₹32.6 L

West Bengal₹24.3 L

Top competitors

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

Reliable Solutions27 wins · 45 shared tenders

₹49.6 L

won head-to-head

Urjatech Private Limited6 wins · 32 shared tenders

₹17.1 L

won head-to-head

M/s. Tirupati Plastomatics Pvt. Ltd3 wins · 31 shared tenders

₹13.9 L

won head-to-head

Laser Power & Infra Private Limited4 wins · 31 shared tenders

₹34.5 L

won head-to-head

Pi SQUARE CABLES PVT. LTD.6 wins · 29 shared tenders

₹6.6 Cr

won head-to-head

Shashwat Cables5 wins · 25 shared tenders

₹7.8 L

won head-to-head

Rival awardedV-MARC India awardedOthers

Recent tenders awarded to V-MARC India

P-54/23-24/PC-III/33KV/XLPEWEST BENGAL STATE ELECTRICITY DISTRIBUTION CO. LTD · West Bengal · 19 Sept 2026₹24.3 L
SUPPLY LT PVC Cable 2x6Sq.mm (Un-armored) 1500KmSE-UPCL Corporate (Contract and Procurement) · Uttarakhand · 16 Sept 2026₹28,368
Procurement of 11KV 1Cx300mm2,11KV 3Cx35mm2 and 1.1KV 4Cx95mm2 xlpe power cablesDepartment of Power · Punjab · 20 Aug 2026₹2.7 Cr
SUPPLY Control Cable of size 2x2.5Sq.mm 10KmSE-UPCL Corporate (Contract and Procurement) · Uttarakhand · 10 Jun 2026₹80,629
SUPPLY Control Cable of size 4x2.5Sq.mm 30KmSE-UPCL Corporate (Contract and Procurement) · Uttarakhand · 10 Jun 2026₹1.5 L

About V-MARC India Limited

V-MARC India Limited appears as a bidder on 152 government tenders on record, from 10 buyer authorities in 9 states. Of its 152 decided bids, it was awarded 86 — a 56.6% win rate — worth ₹36.3 Cr in total. Its most recent award on record is from 24 Sept 2026.

Its largest buyer by awarded value is Department of Power, at 84.2% of what it has won, out of 6 authorities that have awarded it work. Most of its awards come from Punjab, Uttarakhand and Haryana. On priced bids, its median quote is the lowest (L1).

It most often bids against Reliable Solutions, Urjatech Private Limited and M/s. Tirupati Plastomatics Pvt. Ltd. Reliable Solutions bid on 45 of the same tenders and won 27 of them; V-MARC India Limited won 22.