industrial equipment research centre
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 16 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 9 bids — SIMPLEX SYSTEMS appeared in 1 of them.
INDUSTRIAL EQUIPMENT RESEARCH CENTRE
INDUSTRIAL EQUIPMENT RESEARCH CENTRE
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
8
Contract Value
₹6.23 Cr
L1 Bids
5
Recent Win Rate
62.5%
Performance Analytics
Industrial Equipment Research Centre: Government Tender Performance Analysis
Industrial Equipment Research Centre has begun establishing presence in India's government tender ecosystem with participation in 8 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.
Superior Tender Success Rate of 62.5%
Industrial Equipment Research Centre demonstrates exceptional government tender performance with an impressive win ratio of 62.5%. Out of 8 tenders, they have secured 5 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 Research Centre has bid on contracts with a total value of ₹6,22,80,934.0, successfully securing ₹6,22,80,934.0 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.
The company's average Earnest Money Deposit (EMD) of ₹1,00,000.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.