M/S VARNA ASSOCIATES - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

26 including cancelled tenders

Awarded

19 lost · 0 still pending

Awarded value

₹1.2 Cr

of ₹6.0 Cr bid — 19.8% conversion

Win rate

23.1%

of 26 decided bids

Bid outcomes

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

By count26 bids

23.1%

73.1%

Awarded623.1%

Pending00.0%

Tech rejected13.8%

Lost1973.1%

By value₹6.0 Cr

19.8%

78.4%

Awarded₹1.2 Cr19.8%

Pending₹00.0%

Tech rejected₹11.0 L1.8%

Lost₹4.7 Cr78.4%

Where they win

1 authority · 1 state

Top buyer organisations

Department of Water Resources₹1.2 Cr100.0%

Operating states

LowHigh

Punjab₹1.2 Cr

Top competitors

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

K.P. INFRASTRUCTURE AND DEVELOPERS2 wins · 8 shared tenders

₹33.4 L

won head-to-head

AMBIKA CONSTRUCTION CO3 wins · 7 shared tenders

₹22.5 L

won head-to-head

THE PURANI ABADI INDRA COLONY COOPERATIVE LABOUR AND CONSTRUCTION SOCIETY1 win · 7 shared tenders

₹22.6 L

won head-to-head

SHIVAY CONSTRUCTION2 wins · 6 shared tenders

₹32.7 L

won head-to-head

Tarsem Enterprises3 wins · 4 shared tenders

₹90.7 L

won head-to-head

RAI BUILDERS2 wins · 4 shared tenders

₹80.5 L

won head-to-head

Rival awardedVARNA ASSOCIATES awardedOthers

Recent tenders awarded to VARNA ASSOCIATES

Estimate For Waterproofing Treatment Of Roof Slabs Of Various Rest Houses Under The Jurisdiction Of Protocol Sub Division Shahpurkandi Township.Department of Water Resources · Punjab · 4 May 2026₹11.4 L
ESIMATE FOR CONSTRUCTION/UPGRADATION OF WATER COURSES AT RD 10615/R OF SARNA WEST AND 6266/R OF SARNA NORTH UNDER MALIKPUR SUB DIVISIONDepartment of Water Resources · Punjab · 29 Apr 2026₹56.0 L
Estimate for repair renovation Treasury office at Shahpurkandi TownshipDepartment of Water Resources · Punjab · 5 Jan 2026₹1.7 L
Estimate for tile terracing of officers club, gole market (booths), admin block, gole market (SCF) at RSD-ShahpukandiDepartment of Water Resources · Punjab · 12 Nov 2025₹25.7 L
Estimate of Earthwork for the Rehabilitaion and Modernization of Gujrat Minor from RD 0 to 2600 tail under (Under MGNREGA)Department of Water Resources · Punjab · 24 Jul 2025₹4.5 L

About M/S VARNA ASSOCIATES

M/S VARNA ASSOCIATES appears as a bidder on 26 government tenders on record, from 1 buyer authority in 1 state. Of its 26 decided bids, it was awarded 6 — a 23.1% win rate — worth ₹1.2 Cr in total. Its most recent award on record is from 20 Jul 2026.

Its largest buyer by awarded value is Department of Water Resources, at 100.0% of what it has won. Most of its awards come from Punjab. On priced bids, its median quote is 4.8% above the lowest bid (L1).

It most often bids against K.P. INFRASTRUCTURE AND DEVELOPERS, AMBIKA CONSTRUCTION CO and THE PURANI ABADI INDRA COLONY COOPERATIVE LABOUR AND CONSTRUCTION SOCIETY. K.P. INFRASTRUCTURE AND DEVELOPERS bid on 8 of the same tenders and won 2 of them; M/S VARNA ASSOCIATES won 2.