Electrochip Solutions Government Tender Profile

With a substantial portfolio of 165 government tender participations, Electrochip Solutions has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Superior Tender Success Rate of 44.2%

Electrochip Solutions demonstrates exceptional government tender performance with an impressive win ratio of 44.2%. Out of 165 tenders, they have secured 73 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

Electrochip Solutions has bid on contracts with a total value of ₹3,89,85,732.0, successfully securing ₹3,89,85,732.0 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.

The company's average Earnest Money Deposit (EMD) of ₹,69,875.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus