Government Tender Analysis: Neelkanth Chemical Industries

Neelkanth Chemical Industries has submitted bids for 11 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 54.5%

Neelkanth Chemical Industries demonstrates exceptional government tender performance with an impressive win ratio of 54.5%. Out of 11 tenders, they have secured 6 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

Neelkanth Chemical Industries has bid on contracts with a total value of ₹2,03,71,152.0, successfully securing ₹2,03,71,152.0 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 Tamil Nadu government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Steel Authority Of India Limited, Department Of Defence Production, where they have demonstrated specific procurement expertise. They have experience bidding with Durgapur Steel Plant, Nlc India Limited, Yantra India Limited, showing familiarity with diverse organizational procurement requirements.