Government Tender Analysis: Nashik Insulations

Nashik Insulations Private Limited has submitted bids for 23 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.

Superior Tender Success Rate of 47.8%

Nashik Insulations demonstrates exceptional government tender performance with an impressive win ratio of 47.8%. Out of 23 tenders, they have secured 11 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Nashik Insulations has bid on contracts with a total value of ₹4,46,20,692.0, successfully securing ₹4,46,20,692.0 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 Heavy Industry, where they have demonstrated specific procurement expertise.