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prayag steel industries Tender Performance & Track Record

prayag steel industries

Tender Performance & Track Record

Company Overview

Summary
Prayag Steel Industries: Government Tender Performance Analysis Prayag Steel Industries has begun establishing presence in India's government tender ecosystem with participation in 5 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.
Primary Ministry: N/APrimary Department: Schedule Caste(SC) & Schedule Tribe(ST) Development Department Chhattisgarh
Primary Ministry:
N/A
Primary Department:
Schedule Caste(SC) & Schedule Tribe(ST) Development Department Chhattisgarh

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids4
Value₹52.24L

Qualified Bids / Q Rate

Bids4
Q Rate100.0%

Total Wins / Win Value

Win3
Value₹37.60L

Wins Rate / Q-W Rate

Rate75.0%
Q-W Rate75.0%

Detailed Performance Analysis

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Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 4 bids — SHREE OM INDUSTRIES appeared in 4 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PRAYAG STEEL INDUSTRIES

Your Company
75.0% win rate
4
₹52.24 Lakh
4
100.0%
3
₹37.60 Lakh

PRAYAG STEEL INDUSTRIES

Your Company
Total Bids
4
₹52.24 Lakh
Qualified
4
100.0%
Wins
3
₹37.60 Lakh
75.0% win rate
SHREE OM INDUSTRIES
25.0% win rate
4
₹52.24 Lakh
4
100.0%
1
₹14.63 Lakh
SHREE OM INDUSTRIES
Total Bids
4
₹52.24 Lakh
Qualified
4
100.0%
Wins
1
₹14.63 Lakh
25.0% win rate
SHRI RAM INDUSTRIES
0.0% win rate
4
₹52.24 Lakh
4
100.0%
0
₹0
SHRI RAM INDUSTRIES
Total Bids
4
₹52.24 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
KHANDELWAL AND KHANDELWAL
0.0% win rate
2
₹19.38 Lakh
0
0.0%
0
₹0
KHANDELWAL AND KHANDELWAL
Total Bids
2
₹19.38 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
VAIBHAVI FURNITURE & FABRICATION
0.0% win rate
2
₹32.85 Lakh
0
0.0%
0
₹0
VAIBHAVI FURNITURE & FABRICATION
Total Bids
2
₹32.85 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
BABJI SALES
0.0% win rate
1
₹14.63 Lakh
0
0.0%
0
₹0
BABJI SALES
Total Bids
1
₹14.63 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
M/S BOMBAY TRADERS (W.E.F.1.8.2007)
0.0% win rate
1
₹14.63 Lakh
0
0.0%
0
₹0
M/S BOMBAY TRADERS (W.E.F.1.8.2007)
Total Bids
1
₹14.63 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
PRIYABRAT ENGINEERING WORKS INDIA
0.0% win rate
1
₹4.75 Lakh
0
0.0%
0
₹0
PRIYABRAT ENGINEERING WORKS INDIA
Total Bids
1
₹4.75 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
HANS FABRICATORS
0.0% win rate
1
₹14.30 Lakh
0
0.0%
0
₹0
HANS FABRICATORS
Total Bids
1
₹14.30 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
SHREE HARIOM ALUMUNIUM
0.0% win rate
1
₹18.55 Lakh
0
0.0%
0
₹0
SHREE HARIOM ALUMUNIUM
Total Bids
1
₹18.55 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
TRIDENT TECH ENTERPRISES
0.0% win rate
1
₹4.75 Lakh
0
0.0%
0
₹0
TRIDENT TECH ENTERPRISES
Total Bids
1
₹4.75 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

5

Qualified: 5
Q Rate: 100.0%

Contract Value

₹1.04 Cr

Avg. Bid: ₹12.53 Lakh
Avg. EMD: ₹48K

L1 Bids

3

Win Rate: 60.0%
Q to W Ratio: 60.0%

Recent Win Rate

75.0%

Change: +75.0%
Period: FY 2024-25

Performance Analytics

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

Prayag Steel Industries: Government Tender Performance Analysis

Prayag Steel Industries has begun establishing presence in India's government tender ecosystem with participation in 5 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 60.0%

Prayag Steel Industries demonstrates exceptional government tender performance with an impressive win ratio of 60.0%. Out of 5 tenders, they have secured 3 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

Prayag Steel Industries has bid on contracts with a total value of ₹1,03,75,538.0, successfully securing ₹1,03,75,538.0 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.

The company's average Earnest Money Deposit (EMD) of ₹,47,526.666666666664 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus