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varicon pumps & systems private limited Tender Performance & Track Record

CIN: U29253TN2009PTC071995
Active
Private
Company limited by shares

varicon pumps & systems private limited

Tender Performance & Track Record

CIN: U29253TN2009PTC071995
Active
Private
Company limited by shares

Company Overview

Summary
Executive Summary: Varicon Pumps & Systems in Government Tenders Varicon Pumps & Systems Private Limited has demonstrated a solid presence in the Indian government procurement landscape. With 38 bids submitted between April 2021 and March 2025, the company has achieved a win rate of 36.8%, securing 14 L1 positions. This performance underscores their strategic approach to pricing and bid strategy. Their qualification rate stands at 100.0%, indicating a strong capability in meeting the technical requirements of government tenders.
Primary Ministry: Ministry of Petroleum and Natural GasPrimary Department: Bharat Petroleum Corporation Ltd
Founded: 2009State: TAMIL NADU
Primary Ministry:
Ministry of Petroleum and Natural Gas
Primary Department:
Bharat Petroleum Corporation Ltd
Founded:2009
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids12
Value₹4.30Cr

Qualified Bids / Q Rate

Bids12
Q Rate100.0%

Total Wins / Win Value

Win4
Value₹59.95L

Wins Rate / Q-W Rate

Rate33.3%
Q-W Rate33.3%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Petroleum and Natural Gas

36.4% win rate
11
₹4.24 Cr
11
4
₹59.95 Lakh

Ministry of Petroleum and Natural Gas

Bids
11
₹4.24 Cr
Qualified
11
Wins
4
₹59.95 Lakh
36.4% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 12 bids — U3S CHEMSOLUTIONS PRIVATE LIMITED appeared in 5 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

VARICON PUMPS & SYSTEMS PRIVATE LIMITED

Your Company
33.3% win rate
12
₹4.30 Cr
12
100.0%
4
₹59.95 Lakh

VARICON PUMPS & SYSTEMS PRIVATE LIMITED

Your Company
Total Bids
12
₹4.30 Cr
Qualified
12
100.0%
Wins
4
₹59.95 Lakh
33.3% win rate
U3S CHEMSOLUTIONS PRIVATE LIMITED
60.0% win rate
5
₹2.44 Cr
5
100.0%
3
₹2.34 Cr
U3S CHEMSOLUTIONS PRIVATE LIMITED
Total Bids
5
₹2.44 Cr
Qualified
5
100.0%
Wins
3
₹2.34 Cr
60.0% win rate
VERITO ENGINEERING PRIVATE LIMITED
50.0% win rate
2
₹82.70 Lakh
2
100.0%
1
₹63.49 Lakh
VERITO ENGINEERING PRIVATE LIMITED
Total Bids
2
₹82.70 Lakh
Qualified
2
100.0%
Wins
1
₹63.49 Lakh
50.0% win rate
UNITED ENGINEERING & TECHNOLOGIES PRIVATE LIMITED
50.0% win rate
2
₹91.55 Lakh
1
50.0%
1
₹28.06 Lakh
UNITED ENGINEERING & TECHNOLOGIES PRIVATE LIMITED
Total Bids
2
₹91.55 Lakh
Qualified
1
50.0%
Wins
1
₹28.06 Lakh
50.0% win rate
CPL ENERGY INDIA PRIVATE LIMITED
50.0% win rate
2
₹40.01 Lakh
1
50.0%
1
₹19.33 Lakh
CPL ENERGY INDIA PRIVATE LIMITED
Total Bids
2
₹40.01 Lakh
Qualified
1
50.0%
Wins
1
₹19.33 Lakh
50.0% win rate
MINIMAC SYSTEMS PRIVATE LIMITED
100.0% win rate
1
₹19.21 Lakh
1
100.0%
1
₹19.21 Lakh
MINIMAC SYSTEMS PRIVATE LIMITED
Total Bids
1
₹19.21 Lakh
Qualified
1
100.0%
Wins
1
₹19.21 Lakh
100.0% win rate
VARICON SUSTAINERGY DYNAMICS LIMITED
0.0% win rate
12
₹4.30 Cr
12
100.0%
0
₹0
VARICON SUSTAINERGY DYNAMICS LIMITED
Total Bids
12
₹4.30 Cr
Qualified
12
100.0%
Wins
0
₹0
0.0% win rate
POSITIVE METERING PUMPS (INDIA) PRIVATE LIMITED
0.0% win rate
1
₹19.21 Lakh
1
100.0%
0
₹0
POSITIVE METERING PUMPS (INDIA) PRIVATE LIMITED
Total Bids
1
₹19.21 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
SANKALP EQUIPMENTS PRIVATE LIMITED
0.0% win rate
1
₹19.21 Lakh
1
100.0%
0
₹0
SANKALP EQUIPMENTS PRIVATE LIMITED
Total Bids
1
₹19.21 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
MATZ PUMPS PRIVATE LIMITED
0.0% win rate
1
₹19.21 Lakh
1
100.0%
0
₹0
MATZ PUMPS PRIVATE LIMITED
Total Bids
1
₹19.21 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
SV GAS SOLUTIONS PRIVATE LIMITED
0.0% win rate
1
₹20.68 Lakh
0
0.0%
0
₹0
SV GAS SOLUTIONS PRIVATE LIMITED
Total Bids
1
₹20.68 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29253TN2009PTC071995
Class
Private
Status
Active
Founded2009

Financial Details

Authorized Capital₹50.0L
Paid-up Capital₹50.0L

Registered Office

10, P K M ROAD ATHIPETNA-CHENNAI-Tamil Nadu-600058-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29253

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Chennai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

38

Qualified: 38
Q Rate: 100.0%

Contract Value

₹31.23 Cr

Avg. Bid: ₹93.90 Lakh
Avg. EMD: ₹0

L1 Bids

14

Win Rate: 36.8%
Q to W Ratio: 36.8%

Recent Win Rate

33.3%

Change: -13.3%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

Executive Summary: Varicon Pumps & Systems in Government Tenders

Varicon Pumps & Systems Private Limited has demonstrated a solid presence in the Indian government procurement landscape. With 38 bids submitted between April 2021 and March 2025, the company has achieved a win rate of 36.8%, securing 14 L1 positions. This performance underscores their strategic approach to pricing and bid strategy. Their qualification rate stands at 100.0%, indicating a strong capability in meeting the technical requirements of government tenders.

Key Performance Metrics (April 2021 - March 2025)

  • Win Rate: 36.8% across 38 tender participations
  • Qualification Rate: 100.0% (38 out of 38 tenders)
  • Contract Value Growth: Fluctuating, with a significant increase in FY2023-24 followed by a decrease in FY2024-25

Financial Health Assessment

TenderAI's financial health score for Varicon Pumps & Systems is 76.9 out of 100, rated as 'Good'. This score is based on several components:

  • Win Rate: 92.1