Honesty Overseas Government Tender Profile

With a substantial portfolio of 269 government tender participations, Honesty Overseas 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.

Proven L1 Bid Success with 23 Contract Wins

Honesty Overseas has successfully secured 23 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 8.6% across 269 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Honesty Overseas has bid on contracts with a total value of ₹,29,61,78,399.0, successfully securing ₹,29,61,78,399.0 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 Maharashtra, Kerala government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Fertilizers, Department Of Atomic Energy, Materials Department, where they have demonstrated specific procurement expertise. They have experience bidding with Rashtriya Chemicals And Fertilizers Limited (Rcf), The Fertilisers And Chemicals Travancore Limited, Advanced Weapons And Equipment India Limited, showing familiarity with diverse organizational procurement requirements.