Globe Tex Industries Government Tender Profile

With a substantial portfolio of 92 government tender participations, Globe Tex Industries 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 59.8%

Globe Tex Industries demonstrates exceptional government tender performance with an impressive win ratio of 59.8%. Out of 92 tenders, they have secured 55 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

Globe Tex Industries has bid on contracts with a total value of ₹4,88,23,613.0, successfully securing ₹4,88,23,613.0 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

The company has established a regional presence in Rajasthan, Uttar Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Consumer Affairs, Na, Department Of Defence Production, where they have demonstrated specific procurement expertise. They have experience bidding with National Test House, Directorate General Of Quality Assurance ( Dgqa), showing familiarity with diverse organizational procurement requirements.