sparesindia heat exchangers private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 11 bids — MODERN SALES AGENCIES appeared in 10 of them.
SPARESINDIA HEAT EXCHANGERS PRIVATE LIMITED
SPARESINDIA HEAT EXCHANGERS PRIVATE LIMITED
Financial Details
Registered Office
C/O- BHAGABAN BISWAL GOPALPUR, NEAR SHIV TEMPLENA-CUTTACK-Orissa-753011-India
Industry Classification
Manufacturing (Machinery & Equipments)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
22
Contract Value
₹1.97 Cr
L1 Bids
8
Recent Win Rate
11.1%
Performance Analytics
Sparesindia Heat Exchangers: Comprehensive Government Tender Analysis
Sparesindia Heat Exchangers Private Limited stands as an active participant in the Indian public sector procurement landscape. This analysis highlights their performance across key government tender metrics. As a reliable Heat Exchanger supplier they have engaged in 22 government tenders demonstrating expertise in the Indian government contracts. This report delivers insights into their qualification rates, competitive positioning, and specialization within specific categories.
From April 2018 to March 2025, Sparesindia Heat Exchangers secured 8 L1 positions, exhibiting a calculated pricing strategy and effective bid execution. A win rate of 36.4% across 22 tenders, illustrates a consistent track record in government procurement. The company's performance also highlights a technical qualification rate of 77.3%, showing robust compliance with public procurement specifications. Their performance is most notable in Ministry of Coal tenders.
Financially, Sparesindia Heat Exchangers has bidded on contracts valued at ₹1,97,03,985, successfully securing contracts of the same value. From FY2022-23 to FY2024-25, the company exhibited considerable contract value growth demonstrating strategic prowess and adaptability in securing government projects. TenderAI analysis scores the company's financial health as 'Satisfactory' at 61.6/100.
Financial Performance Analysis
Yearly Trends:
Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |
---|---|---|---|---|---|
FY 2018-19 | 0 | 0 | 0.0% | 0.0% | ₹0 |