PRECIOUS THREADS
Company Overview
Total Bids
28
Contract Value
₹4.09 Cr
L1 Bids
3
Historical Bids (Since 2018)
110
Participated Tenders
hscalpe,analyser
laproset
c-arm
FUJI 9 GIC,Fuji 2 Gic,Fuji 1 Gic,Miracle mix Fuji,Ortho Bracket Kit 0.022 Slot MBT 5 to 5 3M/Ortho
DEXTROLSE WITH NORMALL SALINE 500ML,Inj. Pheniramine Maleate,Inj. Adrenaline,Amiodarone -150 mg/3ml
SWD,LASER THERAPY MACHINE,HIGH LOW TREATMENT TABLE FOLD FOR MANUAL TREATMENT,BALANCE BOARD,RESISTAN
DEXAMITHASONE30ML,AMIKACIN 500MG,RABIPUR 1ML,ISSULIN SYRINGE 1ML,URINE GLUCO STRIP,BLOOD GROUPING K
UPGRADED SCHILKA SIMULATOR
doppler,smachine electric,fsmachinesinglejar,fsuctionmachinedoublejar,deliverytray,epicoxytray,buck
knee infrared heater and vibrator,wax bath,COUCH WOODEN,ITU,ELECTRONIC RUNNING MACHINE,CLTM,sw diat
With a substantial portfolio of 110 government tender participations, Precious Threads 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.
Proven L1 Bid Success with 23 Contract Wins
Precious Threads has successfully secured 23 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 20.9% across 110 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.
Financial Performance in Government Tenders
Precious Threads has bid on contracts with a total value of ₹4,45,67,673.0, successfully securing ₹4,45,67,673.0 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 ₹,56,667.333333333336 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.
Specialized Government Procurement Focus
The company has established a regional presence in Haryana, Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Central Armed Police Forces, Health Department Haryana, Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with National Health Mission, Health And Family Welfare Department Mandya, Indian Air Force, showing familiarity with diverse organizational procurement requirements.
Technical Compliance in Government Tenders
Precious Threads has achieved technical qualification in 74 out of 110 government tenders, a qualification rate of 67.3%. This metric highlights their ability to satisfy the technical criteria and compliance requirements specified in public procurement opportunities. Their qualification performance provides insight into their technical capabilities and attention to tender specifications.
With a disqualification rate of 32.7%, there are specific areas where technical compliance could be enhanced. Targeted improvements in documentation quality and specification adherence would strengthen their position in future government tender opportunities.
Government Procurement Partner Assessment
For organizations seeking to partner with experienced government contractors, Precious Threads's tender performance data provides valuable insights into their public sector capabilities and competitive advantages. Their track record of 23 L1 bids and 20.9% 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.