dipen safety equipment private limited.
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 6 bids — NITANJALI SECURITY DEVICES PRIVATE LIMITED appeared in 2 of them.
DIPEN SAFETY EQUIPMENT PRIVATE LIMITED.
DIPEN SAFETY EQUIPMENT PRIVATE LIMITED.
Financial Details
Registered Office
508 - 509, AAKRUTI COMPLEX,NR.SAHIYADARI FLAT, NR. S V PATEL STADIUM ,NAVRANGPURA,NA-AHMEDABAD-Gujarat-380009-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
10
Contract Value
₹2.76 Cr
L1 Bids
5
Recent Win Rate
66.7%
Performance Analytics
DIPEN SAFETY EQUIPMENT PRIVATE LIMITED: Comprehensive Tender Performance Analysis
Executive Summary:
DIPEN SAFETY EQUIPMENT PRIVATE LIMITED. is an emerging player in the Indian government procurement landscape. With participation in 10 tenders between April 2023 and March 2025, the company has demonstrated a strong qualification rate of 100.0%, highlighting its ability to meet diverse government tender requirements. Dipen Safety's win rate stands at an impressive 50.0%, with 5 L1 positions secured during this period, showcasing their competitive pricing and effective bid strategies.
Between FY2023-24 and FY2024-25, Dipen Safety Equipment Private Limited experienced significant contract value growth. The total contract value secured grew from ₹83,33,026 in FY2023-24 to ₹1,92,29,177 in FY2024-25, representing a 130.8% increase. This substantial growth indicates the company's increasing success and effectiveness in targeting and securing valuable government projects.
TenderAI's financial health assessment scores Dipen Safety Equipment a 68.2 out of 100, indicating a 'Good' financial standing. The score is composed of components such as win rate, contract value, bid efficiency, growth, and consistency.
Dipen Safety's market positioning is characterized by a strong focus on tenders from the Ministry of Finance, specifically within the Department of Financial Services and Regional Rural Banks. This specialization allows them to develop expertise and tailor their bids to meet the specific requirements of these departments. As a safety equipment vendor, Dipen Safety Equipment Private Limited showcases its strong compliance capabilities and understanding of public procurement specifications through its consistently high qualification rates.