industrial forge and engineering company limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 2 bids — ADITYA FORGING AND FABRICATION appeared in 2 of them.
INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED
INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED
Financial Details
Registered Office
A/21 P- A/25 P, PHASE VI, ADITYAPUR INDUSTRIAL AREA, GAMHARIANA-JAMSHEDPUR-Jharkhand-832108-India
Industry Classification
Business Services
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
4
Contract Value
₹4.82 Cr
L1 Bids
1
Recent Win Rate
0.0%
Performance Analytics
INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED: Government Tender Performance Analysis
INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED has begun establishing a presence in India's government tender ecosystem with participation in 4 tenders. This analysis examines their tender participation, technical qualification rate, and procurement strategy. Focusing on Indian forging industry, the company has showcased its potential in Ministry of Steel tenders and SAIL procurement.
INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED's tender performance metrics indicate a developing proficiency in the government sector. This report provides a comprehensive SWOT analysis of INDUSTRIAL FORGE to reveal its competitive positioning within the Indian forging industry. The analysis leverages TenderAI data to present insights relevant to government procurement officers, industry specialists, and investors.
Executive Summary
INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED demonstrates promising early-stage performance in government tenders. Key metrics for the period of FY 2021-22 to FY 2024-25 include a 25.0% win rate and a 100.0% qualification rate, indicating strong technical capabilities. The company's financial health, assessed using TenderAI's scoring components, is rated as 'Satisfactory' with a score of 64.4/100. This score considers win rate, contract value, bid efficiency, growth, and consistency.
Currently, INDUSTRIAL FORGE AND ENGINEERING COMPANY LIMITED's market positioning focuses within the Ministry of Steel, particularly with SAIL (Steel Authority of India Limited). Their strategic advantage lies in consistently meeting technical qualifications, enabling them to actively compete for contracts within this niche.