Competitor profile

VK BALAN

They win 33% of what they bid, but only 11% of the value — the bigger bids get away.

9tenders on record
1buyer authority
1state
20 Aug 2026last award
Total bids
9
9 including cancelled tenders
Awarded
3
6 lost · 0 still pending
Awarded value
₹22.8 L
of ₹2.0 Cr bid — 11.3% conversion
Win rate
33.3%
of 9 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count9 bids
33.3%
66.7%
Awarded333.3%
Pending00.0%
Tech rejected00.0%
Lost666.7%
By value₹2.0 Cr
11.3%
88.7%
Awarded₹22.8 L11.3%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹1.8 Cr88.7%

Where they win

1 authority · 1 state

Top buyer organisations

Irrigation Department₹22.8 L100.0%

Operating states

LowHigh
Kerala₹22.8 L

Top competitors

In tenders they both bid · bar shows how the awards split
01
₹10.1 L
won head-to-head
02
HAREESH KUMAR V K0 wins · 3 shared tenders
₹0
won head-to-head
03
CHANDRAN. P.0 wins · 2 shared tenders
₹0
won head-to-head
04
₹56.7 L
won head-to-head
05
N.P. KANARAN1 win · 1 shared tender
₹54.7 L
won head-to-head
06
BAIJU0 wins · 1 shared tender
₹0
won head-to-head
Rival awardedVK BALAN awardedOthers

About VK BALAN

VK BALAN appears as a bidder on 9 government tenders on record, from 1 buyer authority in 1 state. Of its 9 decided bids, it was awarded 3 — a 33.3% win rate — worth ₹22.8 L in total. Its most recent award on record is from 20 Aug 2026.

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

It most often bids against MADATHUMBHAGAM LABOUR CONTRACT CO-OPERATIVE SOCIETY, HAREESH KUMAR V K and CHANDRAN. P.. MADATHUMBHAGAM LABOUR CONTRACT CO-OPERATIVE SOCIETY bid on 4 of the same tenders and won 1 of them; VK BALAN won 1.

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.