Government Tender Analysis: Bindica Polyplast

Bindica Polyplast has submitted bids for 18 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 77.8%

Bindica Polyplast demonstrates exceptional government tender performance with an impressive win ratio of 77.8%. Out of 18 tenders, they have secured 14 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

Bindica Polyplast has bid on contracts with a total value of ₹1,49,45,492.0, successfully securing ₹1,49,45,492.0 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 Atomic Energy, where they have demonstrated specific procurement expertise.