Shree Somnath Offset Government Tender Profile

With a substantial portfolio of 64 government tender participations, Shree Somnath Offset 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

Shree Somnath Offset has achieved 4 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 6.2% across 64 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.

Notably, Shree Somnath Offset has demonstrated capability in high-value government contracts, participating in 55 major procurement projects. This experience with premium government tenders indicates their capacity to handle significant public sector work and complex project requirements.

Financial Performance in Government Tenders

Shree Somnath Offset has bid on contracts with a total value of ₹3,07,28,35,690.0, successfully securing ₹3,07,28,35,690.0 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 ₹2,74,806.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.