Government Tender Analysis: Himco

Himco has submitted bids for 36 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.

Superior Tender Success Rate of 72.2%

Himco demonstrates exceptional government tender performance with an impressive win ratio of 72.2%. Out of 36 tenders, they have secured 26 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

Himco has bid on contracts with a total value of ₹1,40,68,334.0, successfully securing ₹1,40,68,334.0 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 Madhya Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Military Affairs, Department Of Animal Husbandry And Dairying, Department Of Agricultural Research And Education (Dare), where they have demonstrated specific procurement expertise. They have experience bidding with Indian Army, Kamdhenu University, showing familiarity with diverse organizational procurement requirements.