Innova Lab Instruments Government Tender Profile

With a substantial portfolio of 367 government tender participations, Innova Lab Instruments Private Limited 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 30 Contract Wins

Innova Lab Instruments has successfully secured 30 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 8.2% across 367 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

Innova Lab Instruments has bid on contracts with a total value of ₹8,06,69,252.0, successfully securing ₹8,06,69,252.0 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 Tamil Nadu government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Atomic Energy, Na, Department Of Higher Education, where they have demonstrated specific procurement expertise. They have experience bidding with Central Water Commission (Cwc), Mangalore Refinery & Petrochemicals Limited, showing familiarity with diverse organizational procurement requirements.