Competitor profile

vel developer

They win 20% of what they bid, but only 10% of the value — the bigger bids get away.

5tenders on record
1buyer authority
0states
25 Aug 2025last award
Total bids
5
5 including cancelled tenders
Awarded
1
3 lost · 0 still pending
Awarded value
₹38.1 L
of ₹3.9 Cr bid — 9.9% conversion
Win rate
20.0%
of 5 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count5 bids
20.0%
20.0%
60.0%
Awarded120.0%
Pending00.0%
Tech rejected120.0%
Lost360.0%
By value₹3.9 Cr
45.2%
44.9%
Awarded₹38.1 L9.9%
Pending₹00.0%
Tech rejected₹1.7 Cr45.2%
Lost₹1.7 Cr44.9%

Where they win

1 authority · 0 states

Top buyer organisations

Airports Authority of India₹38.1 L100.0%

Operating states

LowHigh

1 award on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
MAHALAKSHMI CONSTRUCTIONS1 win · 4 shared tenders
₹56.9 L
won head-to-head
02
GAGAN SAIL0 wins · 3 shared tenders
₹0
won head-to-head
03
NIRMAAN PROJECTS1 win · 2 shared tenders
₹18.9 L
won head-to-head
04
S2H Power Solutions Private Limited0 wins · 2 shared tenders
₹0
won head-to-head
05
SUYAMBU PROJECTS0 wins · 2 shared tenders
₹0
won head-to-head
06
M/S SAI VISHNU CONSTRUCTIONS1 win · 2 shared tenders
₹1.7 Cr
won head-to-head
Rival awardedvel developer awardedOthers

Recent tenders awarded to vel developer

About vel developer

vel developer appears as a bidder on 5 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 5 decided bids, it was awarded 1 — a 20.0% win rate — worth ₹38.1 L in total. Its most recent award on record is from 25 Aug 2025.

Its largest buyer by awarded value is Airports Authority of India, at 100.0% of what it has won. On priced bids, its median quote is 23.6% above the lowest bid (L1).

It most often bids against MAHALAKSHMI CONSTRUCTIONS, GAGAN SAIL and NIRMAAN PROJECTS. MAHALAKSHMI CONSTRUCTIONS bid on 4 of the same tenders and won 1 of them; vel developer won 0.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.