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hicon products india private limited Tender Performance & Track Record

CIN: U29192DL1996PTC076297
Active
Private
Company limited by shares

hicon products india private limited

Tender Performance & Track Record

CIN: U29192DL1996PTC076297
Active
Private
Company limited by shares

Company Overview

Summary
HICON Products India Private Limited: Government Tender Analysis & Strategic Insights This report provides a comprehensive business analysis of HICON Products India Private Limited focusing on their financial performance in government tenders, competitive positioning within the industry, and strategic recommendations for future business growth strategy. With a proven win rate of 31.8%, HICON Products India has demonstrated a strong ability to secure government contracts. The following analysis details their key strengths, weaknesses, opportunities, and threats, offering actionable insights for continued success in the Indian manufacturing (machinery & equipment) sector.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 1996State: DELHI
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:1996
State:DELHI

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids16
Value₹3.83Cr

Qualified Bids / Q Rate

Bids15
Q Rate93.8%

Total Wins / Win Value

Win7
Value₹1.38Cr

Wins Rate / Q-W Rate

Rate43.8%
Q-W Rate46.7%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

43.8% win rate
16
₹3.83 Cr
15
7
₹1.38 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
16
₹3.83 Cr
Qualified
15
Wins
7
₹1.38 Cr
43.8% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 16 bids — CREST ENGINEERS PRIVATE LTD. appeared in 8 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HICON PRODUCTS INDIA PRIVATE LIMITED

Your Company
43.8% win rate
16
₹3.83 Cr
15
93.8%
7
₹1.38 Cr

HICON PRODUCTS INDIA PRIVATE LIMITED

Your Company
Total Bids
16
₹3.83 Cr
Qualified
15
93.8%
Wins
7
₹1.38 Cr
43.8% win rate
CREST ENGINEERS PRIVATE LTD.
37.5% win rate
8
₹2.41 Cr
8
100.0%
3
₹1.32 Cr
CREST ENGINEERS PRIVATE LTD.
Total Bids
8
₹2.41 Cr
Qualified
8
100.0%
Wins
3
₹1.32 Cr
37.5% win rate
DNV INDUSTRIAL SYSTEMS PRIVATE LIMITED
16.7% win rate
6
₹1.49 Cr
5
83.3%
1
₹39.49 Lakh
DNV INDUSTRIAL SYSTEMS PRIVATE LIMITED
Total Bids
6
₹1.49 Cr
Qualified
5
83.3%
Wins
1
₹39.49 Lakh
16.7% win rate
BROWN'S HI-TECH STRUCTURES PVT LTD
28.6% win rate
7
₹1.28 Cr
7
100.0%
2
₹30.78 Lakh
BROWN'S HI-TECH STRUCTURES PVT LTD
Total Bids
7
₹1.28 Cr
Qualified
7
100.0%
Wins
2
₹30.78 Lakh
28.6% win rate
TRIOMECH ENGG PVT LTD
20.0% win rate
5
₹77.20 Lakh
5
100.0%
1
₹15.48 Lakh
TRIOMECH ENGG PVT LTD
Total Bids
5
₹77.20 Lakh
Qualified
5
100.0%
Wins
1
₹15.48 Lakh
20.0% win rate
R.K. ENGINEERING WORKS
25.0% win rate
4
₹56.07 Lakh
4
100.0%
1
₹15.45 Lakh
R.K. ENGINEERING WORKS
Total Bids
4
₹56.07 Lakh
Qualified
4
100.0%
Wins
1
₹15.45 Lakh
25.0% win rate
HAROLD INDUSTRIES PRIVATE LIMITED
6.7% win rate
15
₹3.62 Cr
15
100.0%
1
₹12.35 Lakh
HAROLD INDUSTRIES PRIVATE LIMITED
Total Bids
15
₹3.62 Cr
Qualified
15
100.0%
Wins
1
₹12.35 Lakh
6.7% win rate
LLOYD INSULATIONS (INDIA) LIMITED
0.0% win rate
8
₹2.19 Cr
8
100.0%
0
₹0
LLOYD INSULATIONS (INDIA) LIMITED
Total Bids
8
₹2.19 Cr
Qualified
8
100.0%
Wins
0
₹0
0.0% win rate
ENVIROTECH SYSTEMS LIMITED
0.0% win rate
8
₹2.41 Cr
8
100.0%
0
₹0
ENVIROTECH SYSTEMS LIMITED
Total Bids
8
₹2.41 Cr
Qualified
8
100.0%
Wins
0
₹0
0.0% win rate
PRASAD FABRICATORS
0.0% win rate
7
₹1.21 Cr
7
100.0%
0
₹0
PRASAD FABRICATORS
Total Bids
7
₹1.21 Cr
Qualified
7
100.0%
Wins
0
₹0
0.0% win rate
MULLER-BBM ACOUSTIC TECHNOLOGY PRIVATE LIMITED
0.0% win rate
6
₹1.87 Cr
5
83.3%
0
₹0
MULLER-BBM ACOUSTIC TECHNOLOGY PRIVATE LIMITED
Total Bids
6
₹1.87 Cr
Qualified
5
83.3%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29192DL1996PTC076297
Class
Private
Status
Active
Founded1996

Financial Details

Authorized Capital₹50.0L
Paid-up Capital₹44.4L

Registered Office

R-39 VIKAS MARGSHAKAR PURNA-NEW DELHI-Delhi-110092-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29192

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Delhi
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

22

Qualified: 17
Q Rate: 77.3%

Contract Value

₹7.22 Cr

Avg. Bid: ₹41.90 Lakh
Avg. EMD: ₹0

L1 Bids

7

Win Rate: 31.8%
Q to W Ratio: 41.2%

Recent Win Rate

30.8%

Change: -19.2%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

HICON Products India Private Limited: Government Tender Analysis & Strategic Insights

This report provides a comprehensive business analysis of HICON Products India Private Limited focusing on their financial performance in government tenders, competitive positioning within the industry, and strategic recommendations for future business growth strategy. With a proven win rate of 31.8%, HICON Products India has demonstrated a strong ability to secure government contracts. The following analysis details their key strengths, weaknesses, opportunities, and threats, offering actionable insights for continued success in the Indian manufacturing (machinery & equipment) sector.

Executive Summary

HICON Products India Private Limited has actively participated in the government tender landscape, submitting 22 bids and achieving a 31.8% win rate. Their financial performance shows a total secured contract value of ₹7,21,84,747.0. A strong technical qualification rate of 77.3% indicates solid compliance capabilities. Key opportunities lie in expanding bidding activities with high-value departments and optimizing pricing strategies for improved competitiveness. The company's overall financial health is rated as 'Good' with a score of 75.2/100.

1. Financial Performance of HICON Products India

This section provides an in-depth analysis of HICON Products India's financial performance in the government tender market.

1.1. Key Financial Metrics

  • Total Bids: 22