Government Tender Analysis: Globolytics Instruments

Globolytics Instruments Private Limited has submitted bids for 47 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.

Proven L1 Bid Success with 17 Contract Wins

Globolytics Instruments has successfully secured 17 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 36.2% across 47 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Globolytics Instruments has bid on contracts with a total value of ₹2,57,12,359.0, successfully securing ₹2,57,12,359.0 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 Indian Oil Corporation Limited, Na, Chennai Petroleum Corporation Limited, where they have demonstrated specific procurement expertise.