Government Tender Analysis: Meenakshi Constructions

Meenakshi Constructions has submitted bids for 17 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.

Government Tender Performance Development

Meenakshi Constructions has achieved 5 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 29.4% across 17 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Meenakshi Constructions has bid on contracts with a total value of ₹4,78,78,672.0, successfully securing ₹4,78,78,672.0 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.

The company's average Earnest Money Deposit (EMD) of ₹,32,600.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus