innovative engineering products private 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
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 39 bids — TWIN TECH (INDIA) PRIVATE LIMITED appeared in 7 of them.
INNOVATIVE ENGINEERING PRODUCTS PRIVATE LIMITED
INNOVATIVE ENGINEERING PRODUCTS PRIVATE LIMITED
Financial Details
Registered Office
INNOVATIVE HOUSE, PLOT NO 4B/2 & 4B/3, SUR. NO 149 RAJKOT GONDAL HIGHWAY, NR. PARIN FURNITURE, VAVDINA-RAJKOT-Gujarat-360002-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
72
Contract Value
₹4.14 Cr
L1 Bids
15
Recent Win Rate
8.8%
Performance Analytics
Innovative Engineering Products Private Limited: Business Analysis and Strategic Insights
This comprehensive business analysis report provides an in-depth evaluation of Innovative Engineering Products Private Limited, focusing on their performance in government tenders, competitive landscape, and strategic recommendations for future growth. The analysis is based on a portfolio of 72 government tender participations, revealing key performance indicators and actionable insights.
Executive Summary
Innovative Engineering Products has demonstrated a consistent presence in India's public procurement sector. With a win rate of 20.8% across 72 tender participations, the company has secured 15 L1 positions, showcasing a competitive pricing strategy. Financial performance analysis indicates a successful conversion of bid value to won contracts, totaling ₹4,13,59,434.0. However, recent trends suggest a need for strategic adjustments to maintain and enhance their market position in the competitive manufacturing (Machinery & Equipments) sector.
Financial Performance of Innovative Engineering Products
Key Financial Metrics
- Total Contract Value: Innovative Engineering Products has secured a total contract value of ₹4,13,59,434.0 from government tenders.
- Win Rate: The company maintains an overall win rate of 20.8% across all tender participations.
- Qualification Rate: A technical qualification rate of 58.3% indicates a strong ability to meet tender specifications.