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altair gas engineering company Tender Performance & Track Record

altair gas engineering company

Tender Performance & Track Record

Company Overview

Summary
Government Tender Analysis: Altair Gas Engineering Company Altair Gas Engineering Company has submitted bids for 12 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids3
Value₹91.67L

Qualified Bids / Q Rate

Bids2
Q Rate66.7%

Total Wins / Win Value

Win1
Value₹41.52L

Wins Rate / Q-W Rate

Rate33.3%
Q-W Rate50.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

33.3% win rate
3
₹91.67 Lakh
2
1
₹41.52 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
3
₹91.67 Lakh
Qualified
2
Wins
1
₹41.52 Lakh
33.3% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 3 bids — NEOMETRIX DEFENCE LIMITED appeared in 1 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

ALTAIR GAS ENGINEERING COMPANY

Your Company
33.3% win rate
3
₹91.67 Lakh
2
66.7%
1
₹41.52 Lakh

ALTAIR GAS ENGINEERING COMPANY

Your Company
Total Bids
3
₹91.67 Lakh
Qualified
2
66.7%
Wins
1
₹41.52 Lakh
33.3% win rate
NEOMETRIX DEFENCE LIMITED
100.0% win rate
1
₹49.70 Lakh
1
100.0%
1
₹49.70 Lakh
NEOMETRIX DEFENCE LIMITED
Total Bids
1
₹49.70 Lakh
Qualified
1
100.0%
Wins
1
₹49.70 Lakh
100.0% win rate
EARTH METAL INDUSTRIES
100.0% win rate
1
₹45K
1
100.0%
1
₹45K
EARTH METAL INDUSTRIES
Total Bids
1
₹45K
Qualified
1
100.0%
Wins
1
₹45K
100.0% win rate
NIRMAL INDUSTRIAL CONTROLS PRIVATE LIMITED
0.0% win rate
2
₹91.22 Lakh
2
100.0%
0
₹0
NIRMAL INDUSTRIAL CONTROLS PRIVATE LIMITED
Total Bids
2
₹91.22 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
SWASTIK SYNERGY ENGINEERING PRIVATE LIMITED
0.0% win rate
2
₹91.22 Lakh
1
50.0%
0
₹0
SWASTIK SYNERGY ENGINEERING PRIVATE LIMITED
Total Bids
2
₹91.22 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
UNIQUE PIPELINE PROJECTS PRIVATE LIMITED
0.0% win rate
2
₹91.22 Lakh
1
50.0%
0
₹0
UNIQUE PIPELINE PROJECTS PRIVATE LIMITED
Total Bids
2
₹91.22 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
BHARATH TRADERS
0.0% win rate
1
₹45K
0
0.0%
0
₹0
BHARATH TRADERS
Total Bids
1
₹45K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
PASCAL HYDRAULICS
0.0% win rate
1
₹45K
0
0.0%
0
₹0
PASCAL HYDRAULICS
Total Bids
1
₹45K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
MJ TRADERS
0.0% win rate
1
₹45K
1
100.0%
0
₹0
MJ TRADERS
Total Bids
1
₹45K
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
INDUSTRIAL WELDING SUPPLY & SERVICES
0.0% win rate
1
₹45K
0
0.0%
0
₹0
INDUSTRIAL WELDING SUPPLY & SERVICES
Total Bids
1
₹45K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

12

Qualified: 9
Q Rate: 75.0%

Contract Value

₹1.60 Cr

Avg. Bid: ₹21.03 Lakh
Avg. EMD: ₹0

L1 Bids

2

Win Rate: 16.7%
Q to W Ratio: 22.2%

Recent Win Rate

50.0%

Change: +50.0%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

Government Tender Analysis: Altair Gas Engineering Company

Altair Gas Engineering Company has submitted bids for 12 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.

Government Tender Performance Development

Altair Gas Engineering Company has achieved 2 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 16.7% across 12 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Altair Gas Engineering Company has bid on contracts with a total value of ₹1,59,66,663.0, successfully securing ₹1,59,66,663.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Department Of Heavy Industry, Department Of Atomic Energy, Department Of Defence Production, where they have demonstrated specific procurement expertise.