it lab instruments
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 75 bids — LOREX INFOTECH appeared in 14 of them.
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
300
Contract Value
₹11.10 Cr
L1 Bids
76
Recent Win Rate
20.3%
Performance Analytics
It Lab Instruments Government Tender Profile
With a substantial portfolio of 300 government tender participations, It Lab Instruments 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 76 Contract Wins
It Lab Instruments has successfully secured 76 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 25.3% across 300 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
It Lab Instruments has bid on contracts with a total value of ₹,11,10,23,045.0, successfully securing ₹,11,10,23,045.0 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 Punjab government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Atomic Energy, Department Of Space, Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with Directorate Of Purchase And Stores, Indian Army, showing familiarity with diverse organizational procurement requirements.