artek surfin chemicals limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 16 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 36 bids — FRANK ALKANES INDIA PRIVATE LIMITED appeared in 8 of them.
ARTEK SURFIN CHEMICALS LIMITED
ARTEK SURFIN CHEMICALS LIMITED
Financial Details
Registered Office
PLOT NO 121 MAROL CO-OPINDUSTRIAL ESTATE M V RD ANDHERI (E)NA-MUMBAI-Maharashtra-400059-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
72
Contract Value
₹2.89 Cr
L1 Bids
19
Recent Win Rate
30.0%
Performance Analytics
Artek Surfin Chemicals Limited Government Tender Analysis
Artek Surfin Chemicals Limited, a key player in the Indian chemical industry, has a proven track record in government procurement. With 72 tender participations, a 26.4% win rate, and a focus on the Ministry of Defence, Artek Surfin demonstrates strategic engagement in the public sector. This analysis, powered by TenderAI, offers insights into their bidding performance, financial health, and competitive positioning.
Executive Summary
Artek Surfin Chemicals Limited has actively participated in 72 government tenders between FY2022-23 and FY2024-25, achieving a win rate of 26.4%. The company secured 19 L1 bids, showcasing their ability to win contracts through competitive pricing and strategic bidding. Their qualification rate stands at 62.5%, demonstrating a strong understanding of technical requirements in government tenders. The total contract value secured by Artek Surfin is ₹2,88,96,099 during the analyzed period.
TenderAI's financial health assessment gives Artek Surfin a score of 64.4, categorized as 'Satisfactory'. This score is based on factors such as win rate, contract value, bid efficiency, growth, and consistency.
Artek Surfin focuses on the Ministry of Defence, Department of Defence Production, and related entities like Advanced Weapons And Equipment India Limited and Yantra India Limited. Geographically, they primarily operate in Maharashtra.
In the competitive landscape, Artek Surfin faces strong competition from companies like NAVRAJ METAL WORKS and SALTS AND CHEMICALS PVT LTD. A detailed competitor analysis is provided below.