Soody Electronics Government Tender Profile

With a substantial portfolio of 51 government tender participations, Soody 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.

Superior Tender Success Rate of 41.2%

Soody Electronics demonstrates exceptional government tender performance with an impressive win ratio of 41.2%. Out of 51 tenders, they have secured 21 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Soody Electronics has bid on contracts with a total value of ₹1,46,31,962.0, successfully securing ₹1,46,31,962.0 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 Tamil Nadu government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Rural Development And Panchayat Raj Department Tamil Nadu, Department Of Revenue, where they have demonstrated specific procurement expertise. They have experience bidding with Central Board Of Direct Taxes (Cbdt), showing familiarity with diverse organizational procurement requirements.