Innochem Government Tender Profile

With a substantial portfolio of 118 government tender participations, Innochem has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 10 Contract Wins

Innochem has successfully secured 10 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 8.5% across 118 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.

Financial Performance in Government Tenders

Innochem has bid on contracts with a total value of ₹6,99,67,441.0, successfully securing ₹6,99,67,441.0 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 Haryana, Uttar Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Atomic Energy, Na, Department Of Heavy Industry, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), Iocl- Panipat Refinery, showing familiarity with diverse organizational procurement requirements.