advance steel tubes limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 67 bids — VISHAL PIPES LIMITED appeared in 34 of them.
ADVANCE STEEL TUBES LIMITED
ADVANCE STEEL TUBES LIMITED
Financial Details
Registered Office
45/3 INDUSTRIAL AREASITE IV SAHIBA BAD GHAZIABADNA-UTTAR PRADESH-Uttar Pradesh-201020-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
373
Contract Value
₹282.68 Cr
L1 Bids
130
Recent Win Rate
30.2%
Performance Analytics
Advance Steel Tubes Limited: Business Analysis & Strategic Outlook
Advance Steel Tubes Limited demonstrates a strong presence in the Indian steel tubes market, particularly in government tenders. With a proven win rate of 34.9% across 372 tender participations, the company showcases its capability in securing public sector contracts. This analysis provides a comprehensive overview of their financial performance, competitive positioning, and strategic recommendations for sustained growth.
Executive Summary
ADVANCE STEEL TUBES LIMITED exhibits a solid financial standing within the steel tubes manufacturing sector, marked by a 34.9% win rate in government tenders. Their active participation in 372 government tenders reflects a consistent engagement in the public procurement landscape. This report delves into key performance indicators, competitive dynamics, and actionable strategies to enhance their market position and financial growth. The company shows a strong focus on Uttar Pradesh, Gujarat and Bihar states in India.
Financial Performance
Key Financial Metrics
- Total Contract Value: ₹2,82,58,63,213.0 secured from government contracts
- Average Earnest Money Deposit (EMD): ₹58,869.0 demonstrating financial capacity
- Technical Qualification Rate: 86.3% indicating strong compliance