Ingenious Engineering: Government Tender Performance Analysis

Ingenious Engineering Private Limited has begun establishing presence in India's government tender ecosystem with participation in 10 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 100.0%

Ingenious Engineering demonstrates exceptional government tender performance with an impressive win ratio of 100.0%. Out of 10 tenders, they have secured 10 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

Ingenious Engineering has bid on contracts with a total value of ₹3,42,65,492.0, successfully securing ₹3,42,65,492.0 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

The company has established a regional presence in Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Heavy Industry, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.