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otis elevator co (india)ltd Tender Performance & Track Record

CIN: U29150MH1953PLC009158
Active
Public
Company limited by shares

otis elevator co (india)ltd

Tender Performance & Track Record

CIN: U29150MH1953PLC009158
Active
Public
Company limited by shares

Company Overview

Summary
OTIS ELEVATOR CO (INDIA)LTD: Business Analysis & Government Tender Performance OTIS ELEVATOR CO (INDIA)LTD has demonstrated a robust presence in the Indian government tender landscape, participating in 144 government tenders. This comprehensive business analysis provides insights into their financial performance, competitive positioning, and strategic recommendations for sustained growth.
Primary Ministry: Ministry of Petroleum and Natural GasPrimary Department: Department of Higher Education
Founded: 1953State: MAHARASHTRA
Primary Ministry:
Ministry of Petroleum and Natural Gas
Primary Department:
Department of Higher Education
Founded:1953
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids63
Value₹10.54Cr

Qualified Bids / Q Rate

Bids61
Q Rate96.8%

Total Wins / Win Value

Win58
Value₹8.96Cr

Wins Rate / Q-W Rate

Rate92.1%
Q-W Rate95.1%

Detailed Performance Analysis

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Tender Performance by Ministries

17 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Petroleum and Natural Gas

88.9% win rate
9
₹3.52 Cr
8
8
₹2.50 Cr

Ministry of Petroleum and Natural Gas

Bids
9
₹3.52 Cr
Qualified
8
Wins
8
₹2.50 Cr
88.9% win rate

Ministry of Education

87.5% win rate
8
₹1.34 Cr
8
7
₹1.14 Cr

Ministry of Education

Bids
8
₹1.34 Cr
Qualified
8
Wins
7
₹1.14 Cr
87.5% win rate

Ministry of Power

85.7% win rate
7
₹1.65 Cr
7
6
₹1.57 Cr

Ministry of Power

Bids
7
₹1.65 Cr
Qualified
7
Wins
6
₹1.57 Cr
85.7% win rate

PMO

100.0% win rate
7
₹1.27 Cr
7
7
₹1.27 Cr

PMO

Bids
7
₹1.27 Cr
Qualified
7
Wins
7
₹1.27 Cr
100.0% win rate

Ministry of Chemicals and Fertilizers

100.0% win rate
6
₹32.02 Lakh
6
6
₹32.02 Lakh

Ministry of Chemicals and Fertilizers

Bids
6
₹32.02 Lakh
Qualified
6
Wins
6
₹32.02 Lakh
100.0% win rate

Ministry of Defence

80.0% win rate
5
₹36.41 Lakh
4
4
₹20.48 Lakh

Ministry of Defence

Bids
5
₹36.41 Lakh
Qualified
4
Wins
4
₹20.48 Lakh
80.0% win rate

Ministry of Electronics and Information Technology

100.0% win rate
3
₹4.90 Lakh
3
3
₹4.90 Lakh

Ministry of Electronics and Information Technology

Bids
3
₹4.90 Lakh
Qualified
3
Wins
3
₹4.90 Lakh
100.0% win rate

Ministry of Civil Aviation

100.0% win rate
2
₹2.01 Lakh
2
2
₹2.01 Lakh

Ministry of Civil Aviation

Bids
2
₹2.01 Lakh
Qualified
2
Wins
2
₹2.01 Lakh
100.0% win rate

Ministry of Finance

100.0% win rate
2
₹5.47 Lakh
2
2
₹5.47 Lakh

Ministry of Finance

Bids
2
₹5.47 Lakh
Qualified
2
Wins
2
₹5.47 Lakh
100.0% win rate

Ministry of Home Affairs

100.0% win rate
2
₹5.82 Lakh
2
2
₹5.82 Lakh

Ministry of Home Affairs

Bids
2
₹5.82 Lakh
Qualified
2
Wins
2
₹5.82 Lakh
100.0% win rate

Ministry of Labour and Employment

100.0% win rate
2
₹14.71 Lakh
2
2
₹14.71 Lakh

Ministry of Labour and Employment

Bids
2
₹14.71 Lakh
Qualified
2
Wins
2
₹14.71 Lakh
100.0% win rate

Ministry of Ports, Shipping and Waterways

100.0% win rate
2
₹5.57 Lakh
2
2
₹5.57 Lakh

Ministry of Ports, Shipping and Waterways

Bids
2
₹5.57 Lakh
Qualified
2
Wins
2
₹5.57 Lakh
100.0% win rate

Ministry of Science and Technology

100.0% win rate
2
₹20.52 Lakh
2
2
₹20.52 Lakh

Ministry of Science and Technology

Bids
2
₹20.52 Lakh
Qualified
2
Wins
2
₹20.52 Lakh
100.0% win rate

Ministry of Coal

100.0% win rate
1
₹99.89 Lakh
1
1
₹99.89 Lakh

Ministry of Coal

Bids
1
₹99.89 Lakh
Qualified
1
Wins
1
₹99.89 Lakh
100.0% win rate

Ministry of Corporate Affairs

100.0% win rate
1
₹3.47 Lakh
1
1
₹3.47 Lakh

Ministry of Corporate Affairs

Bids
1
₹3.47 Lakh
Qualified
1
Wins
1
₹3.47 Lakh
100.0% win rate

Ministry of Health and Family Welfare

100.0% win rate
1
₹8.28 Lakh
1
1
₹8.28 Lakh

Ministry of Health and Family Welfare

Bids
1
₹8.28 Lakh
Qualified
1
Wins
1
₹8.28 Lakh
100.0% win rate

Ministry of Mines

0.0% win rate
1
₹12.40 Lakh
1
0
₹0

Ministry of Mines

Bids
1
₹12.40 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 63 bids — R B ENTERPRISE appeared in 3 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

OTIS ELEVATOR CO (INDIA)LTD

Your Company
92.1% win rate
63
₹10.54 Cr
61
96.8%
58
₹8.96 Cr

OTIS ELEVATOR CO (INDIA)LTD

Your Company
Total Bids
63
₹10.54 Cr
Qualified
61
96.8%
Wins
58
₹8.96 Cr
92.1% win rate
R B ENTERPRISE
100.0% win rate
3
₹36.33 Lakh
1
33.3%
3
₹36.33 Lakh
R B ENTERPRISE
Total Bids
3
₹36.33 Lakh
Qualified
1
33.3%
Wins
3
₹36.33 Lakh
100.0% win rate
OMEGA LIFT
0.0% win rate
7
₹34.55 Lakh
0
0.0%
0
₹0
OMEGA LIFT
Total Bids
7
₹34.55 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
TRIJMA INDIA
0.0% win rate
7
₹81.93 Lakh
0
0.0%
0
₹0
TRIJMA INDIA
Total Bids
7
₹81.93 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company 67d82416e0d2685e90a7b3a0
0.0% win rate
2
₹4.44 Lakh
0
0.0%
0
₹0
Company 67d82416e0d2685e90a7b3a0
Total Bids
2
₹4.44 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
AIRNIC INFRA PRIVATE LIMITED
0.0% win rate
1
₹8.28 Lakh
0
0.0%
0
₹0
AIRNIC INFRA PRIVATE LIMITED
Total Bids
1
₹8.28 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
GLOBAL ENTERPRISES
0.0% win rate
1
₹97K
0
0.0%
0
₹0
GLOBAL ENTERPRISES
Total Bids
1
₹97K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
RAMESHVARAM ENGITECH PRIVATE LIMITED
0.0% win rate
1
₹61.89 Lakh
0
0.0%
0
₹0
RAMESHVARAM ENGITECH PRIVATE LIMITED
Total Bids
1
₹61.89 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
12BUS
0.0% win rate
1
₹19.09 Lakh
0
0.0%
0
₹0
12BUS
Total Bids
1
₹19.09 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
HSEDRIG ENGINEERS AND CONTRACTORS
0.0% win rate
1
₹3.23 Lakh
0
0.0%
0
₹0
HSEDRIG ENGINEERS AND CONTRACTORS
Total Bids
1
₹3.23 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
KAMSUNDARI SECURITY PRIVATE LIMITED
0.0% win rate
1
₹19.09 Lakh
0
0.0%
0
₹0
KAMSUNDARI SECURITY PRIVATE LIMITED
Total Bids
1
₹19.09 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29150MH1953PLC009158
Class
Public
Status
Active
Founded1953

Financial Details

Authorized Capital₹15.0Cr
Paid-up Capital₹11.8Cr

Registered Office

MAGNUS TOWERS 9TH FLRMINDSPACE LINK ROAD MALAD WESTNA-MUMBAI-Maharashtra-400064-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29150

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Mumbai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

144

Qualified: 140
Q Rate: 97.2%

Contract Value

₹21.31 Cr

Avg. Bid: ₹12.01 Lakh
Avg. EMD: ₹1.34 Lakh

L1 Bids

134

Win Rate: 93.1%
Q to W Ratio: 95.7%

Recent Win Rate

90.9%

Change: -2.9%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

OTIS ELEVATOR CO (INDIA)LTD: Business Analysis & Government Tender Performance

OTIS ELEVATOR CO (INDIA)LTD has demonstrated a robust presence in the Indian government tender landscape, participating in 144 government tenders. This comprehensive business analysis provides insights into their financial performance, competitive positioning, and strategic recommendations for sustained growth.

Executive Summary

OTIS ELEVATOR CO (INDIA)LTD showcases exceptional government tender performance with a 93.1% win rate. The company has effectively converted bids into significant contract value, demonstrating financial stability and a strong market position. Their focus on specific procurement sectors and geographic regions further enhances their competitive advantage in the elevator industry.

Financial Performance

Impressive Win Rate and Contract Value

OTIS ELEVATOR excels in government tender performance, securing a 93.1% win rate. This translates to 134 L1 positions out of 144 tenders, demonstrating their competitive pricing and effective bidding strategies.

  • Total Contract Value: ₹,21,30,80,791.0 secured from government tenders.