hi-tech forgings (bangalore) private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 21 bids — ACME FORGINGS PRIVATE LIMITED appeared in 3 of them.
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED
Financial Details
Registered Office
PLOT NO. V - 1A, 4TH CROSS,PEENYA 1ST STAGE, BANGALORENA-BANGALORE-Karnataka-560058-India
Industry Classification
Manufacturing (Machinery & Equipments)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
63
Contract Value
₹6.92 Cr
L1 Bids
21
Recent Win Rate
11.1%
Performance Analytics
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED Business Analysis: Dominating Government Tenders with a 33% Win Rate
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED has demonstrated a strong presence in the government tender landscape, securing a 33.3% win rate across 63 tender participations. This comprehensive industry sector business analysis delves into their financial performance, competitive positioning, and strategic recommendations to optimize their success in the Indian forging companies sector. With 21 L1 bids secured, HI-TECH FORGINGS has proven its ability to win key government contracts. Their total secured contract value stands at ₹6,92,18,774.0, illustrating their financial effectiveness in the public sector.
Executive Summary
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED exhibits a robust track record in securing government contracts. A win rate of 33.3% from 63 bids demonstrates competitive strength. Their financial performance shows effective conversion of bids into secured contracts, totaling ₹6,92,18,774.0. Their competitive positioning is strong, particularly in Defence sector contracts, but there are opportunities for improvement in certain bid ranges. This business growth strategy analysis provides actionable insights to enhance their market position and bidding efficiency.
Financial Performance of HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED
HI-TECH FORGINGS' financial performance in government tenders reveals a consistent ability to secure contracts. Key highlights include:
- Total Contract Value: Secured ₹6,92,18,774.0 from government tenders.
- Win Rate: Achieved a 33.3% win rate across 63 bids, indicative of a competitive and effective bidding strategy.
- Technical Qualification Rate: Maintained a high 87.3% technical qualification rate, showcasing compliance and understanding of government requirements.