New Gargi Foundry Chemicals Government Tender Profile

With a substantial portfolio of 51 government tender participations, New Gargi Foundry Chemicals 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.

Superior Tender Success Rate of 49.0%

New Gargi Foundry Chemicals demonstrates exceptional government tender performance with an impressive win ratio of 49.0%. Out of 51 tenders, they have secured 25 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

New Gargi Foundry Chemicals has bid on contracts with a total value of ₹2,23,36,36,414.0, successfully securing ₹2,23,36,36,414.0 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 Steel Authority Of India Limited, Materials Management, Na, where they have demonstrated specific procurement expertise. They have experience bidding with Iisco Steel Plant, showing familiarity with diverse organizational procurement requirements.