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progressive metals private limited Tender Performance & Track Record

CIN: U27100WB2008PTC123204
Active
Private
Company limited by shares

progressive metals private limited

Tender Performance & Track Record

CIN: U27100WB2008PTC123204
Active
Private
Company limited by shares

Company Overview

Summary
Progressive Metals Private Limited: Comprehensive Business Analysis This report provides a detailed business analysis of Progressive Metals Private Limited, a key player in the metals manufacturing sector, focusing on their performance in government tenders. The analysis covers financial performance, competitive landscape, and strategic recommendations for sustained growth. With a 15.6% win rate and ₹183.58 Cr secured in government contracts, Progressive Metals demonstrates a significant presence in the public procurement landscape.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 2008State: WEST BENGAL
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:2008
State:WEST BENGAL

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids41
Value₹40.76Cr

Qualified Bids / Q Rate

Bids28
Q Rate68.3%

Total Wins / Win Value

Win6
Value₹7.27Cr

Wins Rate / Q-W Rate

Rate14.6%
Q-W Rate21.4%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

16.0% win rate
25
₹20.81 Cr
18
4
₹2.87 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
25
₹20.81 Cr
Qualified
18
Wins
4
₹2.87 Cr
16.0% win rate

Ministry of Petroleum and Natural Gas

12.5% win rate
8
₹15.57 Cr
6
1
₹4.07 Cr

Ministry of Petroleum and Natural Gas

Bids
8
₹15.57 Cr
Qualified
6
Wins
1
₹4.07 Cr
12.5% win rate

Ministry of Mines

20.0% win rate
5
₹1.85 Cr
3
1
₹32.06 Lakh

Ministry of Mines

Bids
5
₹1.85 Cr
Qualified
3
Wins
1
₹32.06 Lakh
20.0% win rate

Ministry of Ports, Shipping and Waterways

0.0% win rate
2
₹2.31 Cr
1
0
₹0

Ministry of Ports, Shipping and Waterways

Bids
2
₹2.31 Cr
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
1
₹22.23 Lakh
0
0
₹0

Ministry of Chemicals and Fertilizers

Bids
1
₹22.23 Lakh
Qualified
0
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 41 bids — SATYA AGENCIES & INDUSTRIES appeared in 24 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PROGRESSIVE METALS PRIVATE LIMITED

Your Company
14.6% win rate
41
₹40.76 Cr
28
68.3%
6
₹7.27 Cr

PROGRESSIVE METALS PRIVATE LIMITED

Your Company
Total Bids
41
₹40.76 Cr
Qualified
28
68.3%
Wins
6
₹7.27 Cr
14.6% win rate
SATYA AGENCIES & INDUSTRIES
20.8% win rate
24
₹21.62 Cr
21
87.5%
5
₹4.16 Cr
SATYA AGENCIES & INDUSTRIES
Total Bids
24
₹21.62 Cr
Qualified
21
87.5%
Wins
5
₹4.16 Cr
20.8% win rate
RIDHI SIDDHI STEEL CORPORATION
13.3% win rate
15
₹12.90 Cr
12
80.0%
2
₹1.13 Cr
RIDHI SIDDHI STEEL CORPORATION
Total Bids
15
₹12.90 Cr
Qualified
12
80.0%
Wins
2
₹1.13 Cr
13.3% win rate
HI-TECH ENGINEERS
33.3% win rate
12
₹7.24 Cr
10
83.3%
4
₹1.02 Cr
HI-TECH ENGINEERS
Total Bids
12
₹7.24 Cr
Qualified
10
83.3%
Wins
4
₹1.02 Cr
33.3% win rate
MITALI ALLOYS PRIVATE LIMITED
11.1% win rate
9
₹16.43 Cr
5
55.6%
1
₹96.61 Lakh
MITALI ALLOYS PRIVATE LIMITED
Total Bids
9
₹16.43 Cr
Qualified
5
55.6%
Wins
1
₹96.61 Lakh
11.1% win rate
JSK CORPORATION PRIVATE LIMITED
5.3% win rate
19
₹15.28 Cr
14
73.7%
1
₹21.00 Lakh
JSK CORPORATION PRIVATE LIMITED
Total Bids
19
₹15.28 Cr
Qualified
14
73.7%
Wins
1
₹21.00 Lakh
5.3% win rate
PUSHPA ISPAT PRIVATE LIMITED
0.0% win rate
14
₹10.39 Cr
5
35.7%
0
₹0
PUSHPA ISPAT PRIVATE LIMITED
Total Bids
14
₹10.39 Cr
Qualified
5
35.7%
Wins
0
₹0
0.0% win rate
FERRITE STRUCTURAL STEELS PRIVATE LIMITED
0.0% win rate
13
₹11.71 Cr
8
61.5%
0
₹0
FERRITE STRUCTURAL STEELS PRIVATE LIMITED
Total Bids
13
₹11.71 Cr
Qualified
8
61.5%
Wins
0
₹0
0.0% win rate
BALAJEE STEEL SYNDICATE
0.0% win rate
13
₹8.15 Cr
10
76.9%
0
₹0
BALAJEE STEEL SYNDICATE
Total Bids
13
₹8.15 Cr
Qualified
10
76.9%
Wins
0
₹0
0.0% win rate
YAJURVEDA TECHNOLOGIES AND ENGINEERING SERVICES PRIVATE LIMITED
0.0% win rate
10
₹5.88 Cr
3
30.0%
0
₹0
YAJURVEDA TECHNOLOGIES AND ENGINEERING SERVICES PRIVATE LIMITED
Total Bids
10
₹5.88 Cr
Qualified
3
30.0%
Wins
0
₹0
0.0% win rate
ARASPL STEELS PRIVATE LIMITED
0.0% win rate
8
₹5.81 Cr
7
87.5%
0
₹0
ARASPL STEELS PRIVATE LIMITED
Total Bids
8
₹5.81 Cr
Qualified
7
87.5%
Wins
0
₹0
0.0% win rate
Company Profile
CINU27100WB2008PTC123204
Class
Private
Status
Active
Founded2008

Financial Details

Authorized Capital₹85.0L
Paid-up Capital₹81.9L

Registered Office

23A, N. S. ROAD 7TH FLOORNA-KOLKATA-West Bengal-700001-India

Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code27100

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Kolkata
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

161

Qualified: 125
Q Rate: 77.6%

Contract Value

₹183.92 Cr

Avg. Bid: ₹1.15 Cr
Avg. EMD: ₹0

L1 Bids

25

Win Rate: 15.5%
Q to W Ratio: 20.0%

Recent Win Rate

9.7%

Change: -3.4%
Period: FY 2024-25

Performance Analytics

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

Progressive Metals Private Limited: Comprehensive Business Analysis

This report provides a detailed business analysis of Progressive Metals Private Limited, a key player in the metals manufacturing sector, focusing on their performance in government tenders. The analysis covers financial performance, competitive landscape, and strategic recommendations for sustained growth. With a 15.6% win rate and ₹183.58 Cr secured in government contracts, Progressive Metals demonstrates a significant presence in the public procurement landscape.

Executive Summary

Progressive Metals Private Limited has participated in 160 government tenders, achieving a win rate of 15.6%. This comprehensive business analysis reveals key strengths and areas for improvement. The company's financial performance shows a total contract value of ₹183.58 Cr, demonstrating a substantial footprint in government procurement. However, recent performance indicates a need for strategic adjustments to enhance competitiveness and business growth strategy within the metals industry.

1. Financial Performance

This section assesses the financial performance of Progressive Metals, focusing on key metrics and trends in government tenders.

1.1 Key Financial Metrics

  • Total Bids: 160