Government Tender Analysis: Ascon Engineering Industries

Ascon Engineering Industries has submitted bids for 34 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.

Superior Tender Success Rate of 44.1%

Ascon Engineering Industries demonstrates exceptional government tender performance with an impressive win ratio of 44.1%. Out of 34 tenders, they have secured 15 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Ascon Engineering Industries has bid on contracts with a total value of ₹1,67,33,121.0, successfully securing ₹1,67,33,121.0 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, Na, Steel Authority Of India Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.