Shankar Engineering: Government Tender Performance Analysis

Shankar Engineering has begun establishing presence in India's government tender ecosystem with participation in 9 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Government Tender Participation Strategy

Shankar Engineering is currently in the active exploration phase of government tender participation, having submitted bids for 9 tenders. As they continue to develop their bidding strategy and capabilities, their performance metrics will provide increasing insight into their competitive positioning and sector specialization. This early-stage data serves as a baseline for measuring future procurement success.

Financial Performance in Government Tenders

Shankar Engineering has bid on contracts with a total value of ₹4,82,81,090.0, successfully securing ₹4,82,81,090.0 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 Uttar Pradesh government tenders, showing geographic specialization in their public procurement strategy. They have focused their tender participation on Indian Oil Corporation Limited, Bharat Petroleum Corporation Ltd, Na, building specialized knowledge in these departmental procurement processes. They have experience bidding with Bharat Petroleum Corporation Ltd, Iocl Marketing Upso 1 Finance, showing familiarity with diverse organizational procurement requirements.