varaipadam engineering 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 12 bids — KANISHK ENTERPRISES appeared in 5 of them.
VARAIPADAM ENGINEERING PRIVATE LIMITED
VARAIPADAM ENGINEERING PRIVATE LIMITED
Financial Details
Registered Office
Shop No.6, Shree Darshan, Plot No 95/96Sector-34, Kamothe,Raigad-Raigad-Maharashtra-410209-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
37
Contract Value
₹11.53 Cr
L1 Bids
7
Recent Win Rate
50.0%
Performance Analytics
Varaipadam Engineering Private Limited: Comprehensive Tender Performance Analysis
Executive Summary:
Varaipadam Engineering Private Limited has actively participated in the Indian government tender landscape, submitting bids for 37 tenders. Their performance analysis, conducted by TenderAI, reveals a win rate of 18.9% from April 2018 to March 2025. The qualification rate stands at 70.3% during the same period, indicating a solid ability to meet technical and administrative requirements. The company has secured 7 L1 bids, showcasing its competitive pricing and strategic bidding. Financial metrics indicate a total contract value of ₹11,52,86,411. Varaipadam's financial health is currently assessed as 'Critical' with a score of 29.4/100 based on TenderAI's scoring components including win rate, contract value, bid efficiency, growth and consistency. They demonstrate expertise in tenders related to the Ministry of Defence, particularly the Department of Defence Production, as well as engagement with the Department of Heavy Industry and the Department of Atomic Energy. As a government tender specialist, Varaipadam Engineering should capitalize on its strengths to improve its overall market positioning.
Financial Performance Analysis
Yearly Trends
The following table summarizes Varaipadam Engineering's yearly performance:
| Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |
|---|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | 0.0% | 0.0 |