Government Tender Analysis: Good Rich Industries

Good Rich Industries has submitted bids for 19 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.

Government Tender Performance Development

Good Rich Industries has achieved 1 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 5.3% across 19 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Good Rich Industries has bid on contracts with a total value of ₹1,03,67,609.0, successfully securing ₹1,03,67,609.0 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, where they have demonstrated specific procurement expertise. They have experience bidding with Advanced Weapons And Equipment India Limited, showing familiarity with diverse organizational procurement requirements.