NIP

Nip has submitted bids for 50 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 74.0%

Nip demonstrates exceptional government tender performance with an impressive win ratio of 74.0%. Out of 50 tenders, they have secured 37 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

Nip has bid on contracts with a total value of ₹1,82,65,447.0, successfully securing ₹1,82,65,447.0 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 Odisha, Uttar Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence Production, Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with Hindustan Aeronautics Limited (Hal), showing familiarity with diverse organizational procurement requirements.

Strong Technical Qualification Rate: 90.0%

Nip demonstrates solid capability in meeting government tender requirements with a technical qualification rate of 90.0%. Successfully qualifying for 45 out of 50 tenders indicates their strong compliance capabilities and understanding of public procurement specifications. This qualification performance establishes them as a technically competent bidder capable of meeting diverse government tender requirements.

Their relatively low disqualification rate of 10.0% indicates generally sound technical compliance practices, though continued refinement in documentation standards could further improve qualification outcomes.

Government Procurement Partner Assessment

For organizations seeking to partner with experienced government contractors, Nip's tender performance data provides valuable insights into their public sector capabilities and competitive advantages. Their track record of 37 L1 bids and 74.0% win rate offers clear metrics of their procurement effectiveness and potential for future government contract success. This analysis serves as a comprehensive resource for evaluating their suitability as a procurement partner in India's diverse government tender ecosystem.