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precimax bearings private limited Tender Performance & Track Record

precimax bearings private limited

Tender Performance & Track Record

Company Overview

Summary
Precimax Bearings Government Tender Profile With a substantial portfolio of 90 government tender participations, Precimax Bearings Private Limited 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.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids32
Value₹6.18Cr

Qualified Bids / Q Rate

Bids30
Q Rate93.8%

Total Wins / Win Value

Win7
Value₹1.96Cr

Wins Rate / Q-W Rate

Rate21.9%
Q-W Rate23.3%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

20.0% win rate
30
₹5.10 Cr
29
6
₹1.48 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
30
₹5.10 Cr
Qualified
29
Wins
6
₹1.48 Cr
20.0% win rate

Ministry of Power

0.0% win rate
1
₹58.92 Lakh
0
0
₹0

Ministry of Power

Bids
1
₹58.92 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

PMO

100.0% win rate
1
₹48.50 Lakh
1
1
₹48.50 Lakh

PMO

Bids
1
₹48.50 Lakh
Qualified
1
Wins
1
₹48.50 Lakh
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 32 bids — DVB TECHNOLOGIES PRIVATE LIMITED appeared in 17 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PRECIMAX BEARINGS PRIVATE LIMITED

Your Company
21.9% win rate
32
₹6.18 Cr
30
93.8%
7
₹1.96 Cr

PRECIMAX BEARINGS PRIVATE LIMITED

Your Company
Total Bids
32
₹6.18 Cr
Qualified
30
93.8%
Wins
7
₹1.96 Cr
21.9% win rate
DVB TECHNOLOGIES PRIVATE LIMITED
52.9% win rate
17
₹2.73 Cr
17
100.0%
9
₹1.49 Cr
DVB TECHNOLOGIES PRIVATE LIMITED
Total Bids
17
₹2.73 Cr
Qualified
17
100.0%
Wins
9
₹1.49 Cr
52.9% win rate
METATEK ENGINEERING PRIVATE LIMITED
100.0% win rate
2
₹58.94 Lakh
2
100.0%
2
₹58.94 Lakh
METATEK ENGINEERING PRIVATE LIMITED
Total Bids
2
₹58.94 Lakh
Qualified
2
100.0%
Wins
2
₹58.94 Lakh
100.0% win rate
PRECIMAX BEARING PVT LTD
14.3% win rate
14
₹2.15 Cr
14
100.0%
2
₹45.71 Lakh
PRECIMAX BEARING PVT LTD
Total Bids
14
₹2.15 Cr
Qualified
14
100.0%
Wins
2
₹45.71 Lakh
14.3% win rate
MANGAL INDUSTRY
30.8% win rate
13
₹2.24 Cr
11
84.6%
4
₹39.20 Lakh
MANGAL INDUSTRY
Total Bids
13
₹2.24 Cr
Qualified
11
84.6%
Wins
4
₹39.20 Lakh
30.8% win rate
MICHELL BEARINGS (INDIA) LLP
50.0% win rate
4
₹55.91 Lakh
2
50.0%
2
₹31.78 Lakh
MICHELL BEARINGS (INDIA) LLP
Total Bids
4
₹55.91 Lakh
Qualified
2
50.0%
Wins
2
₹31.78 Lakh
50.0% win rate
M/S MALIK ELECTRO MECHANICAL INDUSTRIES
11.1% win rate
9
₹1.30 Cr
8
88.9%
1
₹21.05 Lakh
M/S MALIK ELECTRO MECHANICAL INDUSTRIES
Total Bids
9
₹1.30 Cr
Qualified
8
88.9%
Wins
1
₹21.05 Lakh
11.1% win rate
OMEGA INDUSTRIES PVT LTD
20.0% win rate
5
₹89.36 Lakh
5
100.0%
1
₹12.42 Lakh
OMEGA INDUSTRIES PVT LTD
Total Bids
5
₹89.36 Lakh
Qualified
5
100.0%
Wins
1
₹12.42 Lakh
20.0% win rate
SUNTECH ENGINEERING CORPORATION
25.0% win rate
4
₹24.10 Lakh
4
100.0%
1
₹2.21 Lakh
SUNTECH ENGINEERING CORPORATION
Total Bids
4
₹24.10 Lakh
Qualified
4
100.0%
Wins
1
₹2.21 Lakh
25.0% win rate
SHASHI ENGINEERING
50.0% win rate
2
₹3.22 Lakh
1
50.0%
1
₹14K
SHASHI ENGINEERING
Total Bids
2
₹3.22 Lakh
Qualified
1
50.0%
Wins
1
₹14K
50.0% win rate
EUROBEARINGS INDIA PRIVATE LIMITED
0.0% win rate
1
₹48.50 Lakh
1
100.0%
0
₹0
EUROBEARINGS INDIA PRIVATE LIMITED
Total Bids
1
₹48.50 Lakh
Qualified
1
100.0%
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

90

Qualified: 81
Q Rate: 90.0%

Contract Value

₹13.82 Cr

Avg. Bid: ₹29.29 Lakh
Avg. EMD: ₹0

L1 Bids

5

Win Rate: 5.6%
Q to W Ratio: 6.2%

Recent Win Rate

19.2%

Change: +19.2%
Period: FY 2024-25

Performance Analytics

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

Precimax Bearings Government Tender Profile

With a substantial portfolio of 90 government tender participations, Precimax Bearings Private Limited 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.

Government Tender Performance Development

Precimax Bearings has achieved 5 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 5.6% across 90 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Precimax Bearings has bid on contracts with a total value of ₹,13,82,22,286.0, successfully securing ₹,13,82,22,286.0 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 Madhya Pradesh, Maharashtra, Telangana government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Heavy Industry, Department Of Atomic Energy, Na, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.