Competitor profile

Vikash Steel Industries

They win 25% of what they bid, and 26% of the value they chase.

64tenders on record
1buyer authority
0states
26 Sept 2026last award
Total bids
55
64 including cancelled tenders
Awarded
14
39 lost · 0 still pending
Awarded value
₹4.6 Cr
of ₹17.9 Cr bid — 25.6% conversion
Win rate
25.4%
of 55 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count55 bids
25.5%
70.9%
Awarded1425.5%
Pending00.0%
Tech rejected23.6%
Lost3970.9%
By value₹17.9 Cr
25.6%
70.2%
Awarded₹4.6 Cr25.6%
Pending₹00.0%
Tech rejected₹76.8 L4.3%
Lost₹12.6 Cr70.2%

Where they win

1 authority · 0 states

Top buyer organisations

Operating states

LowHigh

14 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
HINDUSTAN ENGINEERING WORKS5 wins · 21 shared tenders
₹1.5 Cr
won head-to-head
02
KIRAN REED INDUSTRIES4 wins · 13 shared tenders
₹1.3 Cr
won head-to-head
03
M/S B K ROY0 wins · 10 shared tenders
₹0
won head-to-head
04
KHAZAN SINGH SAWHNEY5 wins · 9 shared tenders
₹1.2 Cr
won head-to-head
05
L.BHIMSEN0 wins · 8 shared tenders
₹0
won head-to-head
06
M/S SAMAL CONSTRUCTION0 wins · 8 shared tenders
₹0
won head-to-head
Rival awardedVikash Steel awardedOthers

About Vikash Steel Industries

Vikash Steel Industries appears as a bidder on 64 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 55 decided bids, it was awarded 14 — a 25.4% win rate — worth ₹4.6 Cr in total. Its most recent award on record is from 26 Sept 2026.

Its largest buyer by awarded value is E-IN-C BRANCH - MILITARY ENGINEER SERVICES, at 100.0% of what it has won. On priced bids, its median quote is 8.3% above the lowest bid (L1).

It most often bids against HINDUSTAN ENGINEERING WORKS, KIRAN REED INDUSTRIES and M/S B K ROY. HINDUSTAN ENGINEERING WORKS bid on 21 of the same tenders and won 5 of them; Vikash Steel Industries won 6.

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.