Government Tender Analysis: Industrial Equipment Company

Industrial Equipment Company has submitted bids for 14 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 78.6%

Industrial Equipment Company demonstrates exceptional government tender performance with an impressive win ratio of 78.6%. Out of 14 tenders, they have secured 11 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

Industrial Equipment Company has bid on contracts with a total value of ₹4,20,45,591.0, successfully securing ₹4,20,45,591.0 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 Power Grid Corporation Of India Limited, Na, Department Of Defence Production, where they have demonstrated specific procurement expertise.