m. g. m springs 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 7 bids — JKUMAR WIRES AND SPRINGS LLP appeared in 3 of them.
M. G. M SPRINGS PRIVATE LIMITED
M. G. M SPRINGS PRIVATE LIMITED
Financial Details
Registered Office
Plot No. 04, Bommasandra Industrial Area, Attibele Hobli, Anekal Taluk,NA-Bangalore-Karnataka-560099-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
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
12
Contract Value
₹1.47 Cr
L1 Bids
4
Recent Win Rate
42.9%
Performance Analytics
M. G. M Springs Private Limited: Government Tender Analysis
Executive Summary
M. G. M Springs Private Limited is an emerging player in the Indian government procurement landscape, specializing in manufacturing and supplying springs. This report provides a comprehensive analysis of their tender performance, financial health, competitive positioning, and strategic opportunities within the Indian government sector. Focusing on data from April 2018 to March 2025, M. G. M Springs has participated in 12 tenders, achieving a win rate of 33.3% and a qualification rate of 83.3%. The total contract value secured stands at ₹1,46,87,298.0, reflecting their growing presence in the government supply chain. Their financial health score, as assessed by TenderAI, is 49.5, categorized as 'Concerning', indicating areas for improvement in contract value and growth consistency.
The company demonstrates a strong focus on the Ministry of Defence, particularly the Department of Military Affairs and the Department of Defence Production. The company’s performance in FY2024-25 shows improvement with a win rate of 42.86% compared to FY2023-24. While their market share remains modest, their strategic focus and improving qualification rates position them for future growth.
This analysis leverages TenderAI's advanced algorithms to provide actionable insights for M. G. M Springs to enhance their tender competitiveness and capitalize on emerging opportunities in the Indian government procurement sector.
Financial Performance Analysis
M. G. M Springs' financial performance in government tenders reveals a developing trajectory. Their bid distribution across price ranges indicates a concentration in lower-value tenders, with the majority of bids falling under ₹10,00,000. This strategic focus may reflect their current production capacity and risk appetite.
Yearly Trends: