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ironic steels private limited Tender Performance & Track Record

CIN: U51909UP2022PTC162712
Active
Private
Company limited by shares

ironic steels private limited

Tender Performance & Track Record

CIN: U51909UP2022PTC162712
Active
Private
Company limited by shares

Company Overview

Summary
Ironic Steels Private Limited: Government Tender Analysis Executive Summary:
Primary Ministry: Ministry of RailwaysPrimary Department: Indian Railways
Founded: 2022State: UTTAR PRADESH
Primary Ministry:
Ministry of Railways
Primary Department:
Indian Railways
Founded:2022
State:UTTAR PRADESH

Tender Performance

Data for 01 April 2024 to 16 June 2025

Live Data

Total Bids / Contract Value

Bids85
Value₹6.58Cr

Qualified Bids / Q Rate

Bids33
Q Rate38.8%

Total Wins / Win Value

Win10
Value₹75.58L

Wins Rate / Q-W Rate

Rate11.8%
Q-W Rate30.3%

Detailed Performance Analysis

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Tender Performance by Ministries

11 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Railways

19.2% win rate
26
₹1.63 Cr
3
5
₹59.02 Lakh

Ministry of Railways

Bids
26
₹1.63 Cr
Qualified
3
Wins
5
₹59.02 Lakh
19.2% win rate

PMO

23.1% win rate
13
₹69.16 Lakh
10
3
₹7.66 Lakh

PMO

Bids
13
₹69.16 Lakh
Qualified
10
Wins
3
₹7.66 Lakh
23.1% win rate

Department of Space

0.0% win rate
11
₹20.68 Lakh
4
0
₹0

Department of Space

Bids
11
₹20.68 Lakh
Qualified
4
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
8
₹83.31 Lakh
6
0
₹0

Ministry of Petroleum and Natural Gas

Bids
8
₹83.31 Lakh
Qualified
6
Wins
0
₹0
0.0% win rate

Ministry of Power

0.0% win rate
7
₹1.29 Cr
2
0
₹0

Ministry of Power

Bids
7
₹1.29 Cr
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Defence

16.7% win rate
6
₹37.92 Lakh
3
1
₹4.02 Lakh

Ministry of Defence

Bids
6
₹37.92 Lakh
Qualified
3
Wins
1
₹4.02 Lakh
16.7% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
3
₹26.63 Lakh
0
0
₹0

Ministry of Chemicals and Fertilizers

Bids
3
₹26.63 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Coal

0.0% win rate
2
₹21.67 Lakh
2
0
₹0

Ministry of Coal

Bids
2
₹21.67 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

50.0% win rate
2
₹6.22 Lakh
1
1
₹4.88 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹6.22 Lakh
Qualified
1
Wins
1
₹4.88 Lakh
50.0% win rate

Ministry of Ports, Shipping and Waterways

0.0% win rate
2
₹10.89 Lakh
0
0
₹0

Ministry of Ports, Shipping and Waterways

Bids
2
₹10.89 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹70.91 Lakh
0
0
₹0

Ministry of Mines

Bids
1
₹70.91 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 85 bids — JSK CORPORATION PRIVATE LIMITED appeared in 39 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

IRONIC STEELS PRIVATE LIMITED

Your Company
11.8% win rate
85
₹6.58 Cr
33
38.8%
10
₹75.58 Lakh

IRONIC STEELS PRIVATE LIMITED

Your Company
Total Bids
85
₹6.58 Cr
Qualified
33
38.8%
Wins
10
₹75.58 Lakh
11.8% win rate
JSK CORPORATION PRIVATE LIMITED
15.4% win rate
39
₹4.07 Cr
23
59.0%
6
₹74.24 Lakh
JSK CORPORATION PRIVATE LIMITED
Total Bids
39
₹4.07 Cr
Qualified
23
59.0%
Wins
6
₹74.24 Lakh
15.4% win rate
BALAJEE STEEL SYNDICATE
14.3% win rate
14
₹2.17 Cr
9
64.3%
2
₹49.09 Lakh
BALAJEE STEEL SYNDICATE
Total Bids
14
₹2.17 Cr
Qualified
9
64.3%
Wins
2
₹49.09 Lakh
14.3% win rate
STEEL DEVELOPMENT CORPORATION
13.9% win rate
36
₹2.78 Cr
13
36.1%
5
₹29.02 Lakh
STEEL DEVELOPMENT CORPORATION
Total Bids
36
₹2.78 Cr
Qualified
13
36.1%
Wins
5
₹29.02 Lakh
13.9% win rate
NEEL KAMAL INDUSTRIES
21.4% win rate
28
₹1.76 Cr
23
82.1%
6
₹24.81 Lakh
NEEL KAMAL INDUSTRIES
Total Bids
28
₹1.76 Cr
Qualified
23
82.1%
Wins
6
₹24.81 Lakh
21.4% win rate
RAHIL METAL
15.4% win rate
13
₹69.40 Lakh
7
53.9%
2
₹21.29 Lakh
RAHIL METAL
Total Bids
13
₹69.40 Lakh
Qualified
7
53.9%
Wins
2
₹21.29 Lakh
15.4% win rate
TAMIL NADU ENGINEERING CORPORATION
41.7% win rate
12
₹55.47 Lakh
10
83.3%
5
₹14.31 Lakh
TAMIL NADU ENGINEERING CORPORATION
Total Bids
12
₹55.47 Lakh
Qualified
10
83.3%
Wins
5
₹14.31 Lakh
41.7% win rate
SHAILESH TRADING CORPORATION
23.1% win rate
13
₹1.08 Cr
6
46.1%
3
₹3.98 Lakh
SHAILESH TRADING CORPORATION
Total Bids
13
₹1.08 Cr
Qualified
6
46.1%
Wins
3
₹3.98 Lakh
23.1% win rate
M/S SIMRAN ENTERPRISES
16.7% win rate
12
₹39.55 Lakh
5
41.7%
2
₹3.73 Lakh
M/S SIMRAN ENTERPRISES
Total Bids
12
₹39.55 Lakh
Qualified
5
41.7%
Wins
2
₹3.73 Lakh
16.7% win rate
MADHUSUDAN ENTERPRISES
4.8% win rate
21
₹1.04 Cr
14
66.7%
1
₹2.32 Lakh
MADHUSUDAN ENTERPRISES
Total Bids
21
₹1.04 Cr
Qualified
14
66.7%
Wins
1
₹2.32 Lakh
4.8% win rate
VIRAL SALES CORPORATION
7.1% win rate
28
₹1.00 Cr
17
60.7%
2
₹1.18 Lakh
VIRAL SALES CORPORATION
Total Bids
28
₹1.00 Cr
Qualified
17
60.7%
Wins
2
₹1.18 Lakh
7.1% win rate
Company Profile
CINU51909UP2022PTC162712
Class
Private
Status
Active
Founded2022

Financial Details

Authorized Capital₹10.0L
Paid-up Capital₹1.0L

Registered Office

B-290 SWARAN JAYANTI PURAMNA-GHAZIABAD-Uttar Pradesh-201002-India


Industry Classification

Trading

NIC Code51909

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Kanpur
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

189

Qualified: 88
Q Rate: 46.6%

Contract Value

₹32.42 Cr

Avg. Bid: ₹3.61 Lakh
Avg. EMD: ₹0

L1 Bids

14

Win Rate: 7.4%
Q to W Ratio: 15.9%

Recent Win Rate

5.9%

Change: -0.8%
Period: FY 2024-25

Performance Analytics

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

Ironic Steels Private Limited: Government Tender Analysis

Executive Summary:

Ironic Steels Private Limited has actively participated in the Indian government procurement landscape, submitting 189 bids between April 2022 and March 2025. The company demonstrates a win rate of 7.4% during this period, securing 14 L1 positions. Their qualification rate stands at 46.6%, indicating potential areas for improvement in technical compliance. Ironic Steels focuses primarily on tenders related to the steel industry, particularly steel chequered plates and steel tubes. Their engagement with high-value contracts is notable, having participated in 4 major procurement projects. The company's financial health is currently assessed as 'Critical' with a score of 21.0/100 by TenderAI, based on win rate, contract value, bid efficiency, growth, and consistency components.

Ironic Steels exhibits a strong presence in tenders floated by the Ministry of Railways, the Ministry of Defence, and the Department of Atomic Energy. Geographically, they have demonstrated activity in Gujarat and Punjab. Competitively, they face significant challenges from players like JSK CORPORATION PRIVATE LIMITED and RAHIL METAL. A SWOT analysis reveals strengths in client diversification but weaknesses in bid efficiency and win rates. Strategic recommendations include focusing on high-value departments, optimizing bid pricing, and enhancing competitive intelligence.

Financial Performance Analysis

Ironic Steels' financial performance in government tenders shows the following trends:

  • Yearly Trends:

    | Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value (₹) |