Meteoric Engineering Government Tender Profile

With a substantial portfolio of 51 government tender participations, Meteoric Engineering 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.

Government Tender Performance Development

Meteoric Engineering has achieved 3 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 5.9% across 51 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

Meteoric Engineering has bid on contracts with a total value of ₹2,13,07,106.0, successfully securing ₹2,13,07,106.0 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

Their tender history includes significant engagement with Department Of Atomic Energy, Industries And Mines Department Gujarat, Hindustan Copper Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Gujarat Mineral Development Corporation (Gmdc), Ntpc Limited, showing familiarity with diverse organizational procurement requirements.