Government Tender Analysis: Implex Engineering Works

Implex Engineering Works has submitted bids for 35 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 48.6%

Implex Engineering Works demonstrates exceptional government tender performance with an impressive win ratio of 48.6%. Out of 35 tenders, they have secured 17 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

Implex Engineering Works has bid on contracts with a total value of ₹4,75,31,270.0, successfully securing ₹4,75,31,270.0 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

Their tender history includes significant engagement with Na, Steel Authority Of India Limited, Department Of Atomic Energy, where they have demonstrated specific procurement expertise. They have experience bidding with Ntpc Limited, showing familiarity with diverse organizational procurement requirements.