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indax Tender Performance & Track Record

indax

Tender Performance & Track Record

Company Overview

Summary
Government Tender Analysis: Indax Indax has submitted bids for 22 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.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids8
Value₹65.77L

Qualified Bids / Q Rate

Bids8
Q Rate100.0%

Total Wins / Win Value

Win3
Value₹11.98L

Wins Rate / Q-W Rate

Rate37.5%
Q-W Rate37.5%

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

37.5% win rate
8
₹65.77 Lakh
8
3
₹11.98 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
8
₹65.77 Lakh
Qualified
8
Wins
3
₹11.98 Lakh
37.5% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 8 bids — WELDBASE TECHNOLOGIES appeared in 5 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

INDAX

Your Company
37.5% win rate
8
₹65.77 Lakh
8
100.0%
3
₹11.98 Lakh

INDAX

Your Company
Total Bids
8
₹65.77 Lakh
Qualified
8
100.0%
Wins
3
₹11.98 Lakh
37.5% win rate
WELDBASE TECHNOLOGIES
40.0% win rate
5
₹62.95 Lakh
5
100.0%
2
₹47.62 Lakh
WELDBASE TECHNOLOGIES
Total Bids
5
₹62.95 Lakh
Qualified
5
100.0%
Wins
2
₹47.62 Lakh
40.0% win rate
SRINIVASA ENTERPRISES
20.0% win rate
5
₹56.63 Lakh
5
100.0%
1
₹4.59 Lakh
SRINIVASA ENTERPRISES
Total Bids
5
₹56.63 Lakh
Qualified
5
100.0%
Wins
1
₹4.59 Lakh
20.0% win rate
NAMOH TOOLINGS
33.3% win rate
3
₹14.60 Lakh
3
100.0%
1
₹1.50 Lakh
NAMOH TOOLINGS
Total Bids
3
₹14.60 Lakh
Qualified
3
100.0%
Wins
1
₹1.50 Lakh
33.3% win rate
KORUTECH INDIA PRIVATE LIMITED.
0.0% win rate
4
₹16.82 Lakh
3
75.0%
0
₹0
KORUTECH INDIA PRIVATE LIMITED.
Total Bids
4
₹16.82 Lakh
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
LEADING EDGE DISTRIBUTORS PRIVATE LIMITED
0.0% win rate
4
₹15.40 Lakh
3
75.0%
0
₹0
LEADING EDGE DISTRIBUTORS PRIVATE LIMITED
Total Bids
4
₹15.40 Lakh
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
JANE TOOLS AND ACCESSORIES
0.0% win rate
4
₹15.40 Lakh
4
100.0%
0
₹0
JANE TOOLS AND ACCESSORIES
Total Bids
4
₹15.40 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
ISCAR INDIA PRIVATE LIMITED
0.0% win rate
3
₹49.12 Lakh
3
100.0%
0
₹0
ISCAR INDIA PRIVATE LIMITED
Total Bids
3
₹49.12 Lakh
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
MATCUT ENTERPRISE
0.0% win rate
2
₹3.73 Lakh
2
100.0%
0
₹0
MATCUT ENTERPRISE
Total Bids
2
₹3.73 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
S.SAIFY & CO.
0.0% win rate
2
₹6.09 Lakh
2
100.0%
0
₹0
S.SAIFY & CO.
Total Bids
2
₹6.09 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
BADSHAH TOOLS CENTRE
0.0% win rate
2
₹3.73 Lakh
1
50.0%
0
₹0
BADSHAH TOOLS CENTRE
Total Bids
2
₹3.73 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
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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: 14
Q Rate: 63.6%

Contract Value

₹88.53 Lakh

Avg. Bid: ₹3.15 Lakh
Avg. EMD: ₹0

L1 Bids

6

Win Rate: 27.3%
Q to W Ratio: 42.9%

Recent Win Rate

42.9%

Change: +42.9%
Period: FY 2024-25

Performance Analytics

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

Government Tender Analysis: Indax

Indax has submitted bids for 22 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.

Proven L1 Bid Success with 6 Contract Wins

Indax has successfully secured 6 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 27.3% across 22 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.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Department Of Heavy Industry, where they have demonstrated specific procurement expertise.

Technical Compliance in Government Tenders

Indax has achieved technical qualification in 14 out of 22 government tenders, a qualification rate of 63.6%. This metric highlights their ability to satisfy the technical criteria and compliance requirements specified in public procurement opportunities. Their qualification performance provides insight into their technical capabilities and attention to tender specifications.