Golden Precision Products Government Tender Profile

With a substantial portfolio of 88 government tender participations, Golden Precision Products Private Limited 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 50.0%

Golden Precision Products demonstrates exceptional government tender performance with an impressive win ratio of 50.0%. Out of 88 tenders, they have secured 44 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

Golden Precision Products has bid on contracts with a total value of ₹,18,58,28,228.0, successfully securing ₹,18,58,28,228.0 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 Uttar Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence Production, Department Of Heavy Industry, Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Army, Office Of Dg (Ace), Yantra India Limited, showing familiarity with diverse organizational procurement requirements.