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ipm engineering limited Tender Performance & Track Record

CIN: U22293WB1948PLC017221
Active
Public
Company limited by shares

ipm engineering limited

Tender Performance & Track Record

CIN: U22293WB1948PLC017221
Active
Public
Company limited by shares

Company Overview

Summary
IPM ENGINEERING LIMITED: Business Analysis & Government Tender Performance IPM ENGINEERING LIMITED has demonstrated strategic engagement in India's public procurement landscape, particularly within the Ministry of Steel. This comprehensive business analysis provides detailed insights into their bidding performance, competitive positioning, and financial metrics in government tenders, revealing their strengths, weaknesses, opportunities, and potential growth areas.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Founded: 1948State: WEST BENGAL
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited
Founded:1948
State:WEST BENGAL

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids107
Value₹21.98Cr

Qualified Bids / Q Rate

Bids103
Q Rate96.3%

Total Wins / Win Value

Win16
Value₹6.66Cr

Wins Rate / Q-W Rate

Rate14.9%
Q-W Rate15.5%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

14.9% win rate
107
₹21.98 Cr
103
16
₹6.66 Cr

Ministry of Steel

Bids
107
₹21.98 Cr
Qualified
103
Wins
16
₹6.66 Cr
14.9% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 107 bids — SCHMIEDE AND MASCHINEN PRIVATE LIMITED appeared in 37 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

IPM ENGINEERING LIMITED

Your Company
14.9% win rate
107
₹21.98 Cr
103
96.3%
16
₹6.66 Cr

IPM ENGINEERING LIMITED

Your Company
Total Bids
107
₹21.98 Cr
Qualified
103
96.3%
Wins
16
₹6.66 Cr
14.9% win rate
SCHMIEDE AND MASCHINEN PRIVATE LIMITED
37.8% win rate
37
₹3.48 Cr
36
97.3%
14
₹1.84 Cr
SCHMIEDE AND MASCHINEN PRIVATE LIMITED
Total Bids
37
₹3.48 Cr
Qualified
36
97.3%
Wins
14
₹1.84 Cr
37.8% win rate
MASS GEAR
20.0% win rate
40
₹3.34 Cr
33
82.5%
8
₹74.61 Lakh
MASS GEAR
Total Bids
40
₹3.34 Cr
Qualified
33
82.5%
Wins
8
₹74.61 Lakh
20.0% win rate
HOWRAH STEEL & METALCRAFTS PRIVATE LIMITED
11.1% win rate
18
₹2.09 Cr
16
88.9%
2
₹28.09 Lakh
HOWRAH STEEL & METALCRAFTS PRIVATE LIMITED
Total Bids
18
₹2.09 Cr
Qualified
16
88.9%
Wins
2
₹28.09 Lakh
11.1% win rate
VIKASH FORGE PVT.LTD.
21.7% win rate
23
₹2.85 Cr
16
69.6%
5
₹25.24 Lakh
VIKASH FORGE PVT.LTD.
Total Bids
23
₹2.85 Cr
Qualified
16
69.6%
Wins
5
₹25.24 Lakh
21.7% win rate
ENTELLCAD ENGINEERING
14.3% win rate
21
₹2.17 Cr
21
100.0%
3
₹16.96 Lakh
ENTELLCAD ENGINEERING
Total Bids
21
₹2.17 Cr
Qualified
21
100.0%
Wins
3
₹16.96 Lakh
14.3% win rate
MICROMECH EQUIPMENTS
6.3% win rate
16
₹99.57 Lakh
13
81.3%
1
₹14.50 Lakh
MICROMECH EQUIPMENTS
Total Bids
16
₹99.57 Lakh
Qualified
13
81.3%
Wins
1
₹14.50 Lakh
6.3% win rate
MACKEIL & COMPANY PVT. LTD.
0.0% win rate
24
₹1.28 Cr
19
79.2%
0
₹0
MACKEIL & COMPANY PVT. LTD.
Total Bids
24
₹1.28 Cr
Qualified
19
79.2%
Wins
0
₹0
0.0% win rate
MCCOY TECHNORISE COMPANY
0.0% win rate
13
₹58.02 Lakh
10
76.9%
0
₹0
MCCOY TECHNORISE COMPANY
Total Bids
13
₹58.02 Lakh
Qualified
10
76.9%
Wins
0
₹0
0.0% win rate
SHASHI STEEL AND FORGINGS
0.0% win rate
12
₹97.76 Lakh
9
75.0%
0
₹0
SHASHI STEEL AND FORGINGS
Total Bids
12
₹97.76 Lakh
Qualified
9
75.0%
Wins
0
₹0
0.0% win rate
COMMERCIAL ENGINEERING WORKS
0.0% win rate
12
₹73.72 Lakh
8
66.7%
0
₹0
COMMERCIAL ENGINEERING WORKS
Total Bids
12
₹73.72 Lakh
Qualified
8
66.7%
Wins
0
₹0
0.0% win rate
Company Profile
CINU22293WB1948PLC017221
Class
Public
Status
Active
Founded1948

Financial Details

Authorized Capital₹2.4Cr
Paid-up Capital₹2.3Cr

Registered Office

5A NARULA DOCTOR LANEWEST RANGENA-KOLKATA-West Bengal-700017-India


Industry Classification

Manufacturing (Paper & Paper products, Publishing, printing and reproduction of recorded media)

NIC Code22293

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Kolkata
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

201

Qualified: 191
Q Rate: 95.0%

Contract Value

₹58.20 Cr

Avg. Bid: ₹83.62 Lakh
Avg. EMD: ₹0

L1 Bids

22

Win Rate: 10.9%
Q to W Ratio: 11.5%

Recent Win Rate

12.3%

Change: -1.3%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

IPM ENGINEERING LIMITED: Business Analysis & Government Tender Performance

IPM ENGINEERING LIMITED has demonstrated strategic engagement in India's public procurement landscape, particularly within the Ministry of Steel. This comprehensive business analysis provides detailed insights into their bidding performance, competitive positioning, and financial metrics in government tenders, revealing their strengths, weaknesses, opportunities, and potential growth areas.

Executive Summary: Strong Qualification Rate & Strategic Focus

With a robust technical qualification rate of 94.9%, IPM ENGINEERING LIMITED showcases a strong ability to meet stringent government tender requirements. Out of 198 bids, they have secured 22 L1 positions, demonstrating effective cost management and competitive bid strategies. While their overall win rate stands at 11.1%, targeted strategies can further optimize their success in the steel industry.

Their proven expertise in government contracts is further underscored by their specialisation in West Bengal and Odisha government tenders, coupled with significant engagement with key organizations like Steel Authority of India Limited (SAIL). Understanding these patterns is crucial for assessing their role as a reliable government procurement partner.

Financial Performance Analysis: Contract Value & Win Rate

Overall Financial Health

  • Financial Health Score: A 'Satisfactory' score of 51.6/100 reflects stable financial performance. Metrics include win rate, contract value, and bid efficiency.