nif ispat limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 13 bids — JANA ELTECH appeared in 2 of them.
NIF ISPAT LIMITED
NIF ISPAT LIMITED
Financial Details
Registered Office
10 'K' ROAD, BELGACHIA, HOWRAHNA-NA-West Bengal-711105-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
Transform Your Tender Process
Join thousands of businesses winning more tenders
Smart Alerts
Get AI-powered tender recommendations
Market Intel
Track competitor bidding patterns
Email Reports
Weekly detailed analytics reports
Download Hub
Export tender data in bulk format
Smart Tracking
Never miss important deadlines
& Much More...
Discover all premium features with your trial
"TenderAI transformed our bidding process. We've increased our win rate by 40% and saved countless hours."
Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
15
Contract Value
₹5.74 Cr
L1 Bids
2
Recent Win Rate
15.4%
Performance Analytics
NIF Ispat Limited: Government Tender Analysis
NIF Ispat Limited's government tender profile reveals a company actively participating in Indian public sector procurement. With a focus on steel manufacturing and related services, NIF Ispat has submitted 15 bids to various government departments. This analysis provides insights into their key performance metrics, financial health, and competitive positioning in the Indian tender landscape.
Executive Summary
NIF Ispat Limited has participated in 15 government tenders between FY2018-19 and FY2024-25, achieving a win rate of 13.3%. The qualification rate stands at 40.0%, indicating room for improvement in meeting technical specifications. The company has secured 2 L1 positions during this period, highlighting their competitiveness in certain bids.
From April 2018 to March 2025, the total contract value secured by NIF Ispat Limited is ₹5,74,18,601. The company's financial health score, assessed by TenderAI, is 46.6, categorized as 'Concerning'. Key components impacting this score include win rate, contract value, and bid efficiency. NIF Ispat Limited has shown engagement with various ministries, including the Ministry of Chemicals and Fertilizers, Ministry of Defence, and Ministry of Heavy Industries and Public Enterprises. A significant portion of their bids has been directed towards the Department of Fertilizers and the Department of Defence Production.
NIF Ispat Limited's market positioning can be described as 'Challenging', with a low win rate suggesting intense competition. The company's primary strengths lie in its cost-leader positioning, with consistently lower bid prices than competitors. However, weaknesses include a low win rate (15.38% in FY2024-25) and bid inefficiency. Opportunities exist in expanding bidding activity in high-value departments and capitalizing on strong seasonal performance in Q1 (April-June).
The TenderAI analysis suggests a mixed financial performance. While NIF Ispat Limited has secured contracts, the win rate and qualification rate need improvement to enhance their competitive edge in the Indian government procurement sector. Focusing on strategic recommendations, such as improving bid efficiency and targeting high-value departments, can lead to future growth.