Saraswati Watch & Electronics Government Tender Profile

With a substantial portfolio of 83 government tender participations, Saraswati Watch & Electronics 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 31 Contract Wins

Saraswati Watch & Electronics has successfully secured 31 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 37.3% across 83 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

Saraswati Watch & Electronics has bid on contracts with a total value of ₹9,55,85,783.0, successfully securing ₹9,55,85,783.0 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 Maharashtra government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Rural Development And Panchayat Raj Department Maharashtra, Department Of Panchayati Raj, Public Health And Family Welfare Department Maharashtra, where they have demonstrated specific procurement expertise. They have experience bidding with Gadchiroli District Panchayats, showing familiarity with diverse organizational procurement requirements.