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varsa industries Tender Performance & Track Record

varsa industries

Tender Performance & Track Record

Company Overview

Summary
Varsa Industries Government Tender Profile With a substantial portfolio of 103 government tender participations, Varsa Industries 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.
Primary Ministry: Ministry of CoalPrimary Department: COAL INDIA LIMITED
Primary Ministry:
Ministry of Coal
Primary Department:
COAL INDIA LIMITED

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids13
Value₹3.08Cr

Qualified Bids / Q Rate

Bids9
Q Rate69.2%

Total Wins / Win Value

Win1
Value₹11.40L

Wins Rate / Q-W Rate

Rate7.7%
Q-W Rate11.1%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Coal

9.1% win rate
11
₹2.69 Cr
9
1
₹11.40 Lakh

Ministry of Coal

Bids
11
₹2.69 Cr
Qualified
9
Wins
1
₹11.40 Lakh
9.1% win rate

Ministry of Ports, Shipping and Waterways

0.0% win rate
2
₹38.58 Lakh
0
0
₹0

Ministry of Ports, Shipping and Waterways

Bids
2
₹38.58 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 13 bids — SANJAY STEEL CORPORATION appeared in 4 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

VARSA INDUSTRIES

Your Company
7.7% win rate
13
₹3.08 Cr
9
69.2%
1
₹11.40 Lakh

VARSA INDUSTRIES

Your Company
Total Bids
13
₹3.08 Cr
Qualified
9
69.2%
Wins
1
₹11.40 Lakh
7.7% win rate
SANJAY STEEL CORPORATION
25.0% win rate
4
₹1.47 Cr
3
75.0%
1
₹90.49 Lakh
SANJAY STEEL CORPORATION
Total Bids
4
₹1.47 Cr
Qualified
3
75.0%
Wins
1
₹90.49 Lakh
25.0% win rate
NANDY ENGINEERING CONCERN
50.0% win rate
2
₹38.58 Lakh
2
100.0%
1
₹32.50 Lakh
NANDY ENGINEERING CONCERN
Total Bids
2
₹38.58 Lakh
Qualified
2
100.0%
Wins
1
₹32.50 Lakh
50.0% win rate
A K ENTERPRISES
50.0% win rate
4
₹1.34 Cr
4
100.0%
2
₹18.57 Lakh
A K ENTERPRISES
Total Bids
4
₹1.34 Cr
Qualified
4
100.0%
Wins
2
₹18.57 Lakh
50.0% win rate
PUNIT ENGINEERING COMPANY
25.0% win rate
4
₹1.49 Cr
4
100.0%
1
₹14.94 Lakh
PUNIT ENGINEERING COMPANY
Total Bids
4
₹1.49 Cr
Qualified
4
100.0%
Wins
1
₹14.94 Lakh
25.0% win rate
HITECH EQUIPMENTS PVT LTD
50.0% win rate
2
₹38.58 Lakh
1
50.0%
1
₹6.08 Lakh
HITECH EQUIPMENTS PVT LTD
Total Bids
2
₹38.58 Lakh
Qualified
1
50.0%
Wins
1
₹6.08 Lakh
50.0% win rate
REENA MECHANICALS PRIVATE LIMITED
0.0% win rate
8
₹1.98 Cr
6
75.0%
0
₹0
REENA MECHANICALS PRIVATE LIMITED
Total Bids
8
₹1.98 Cr
Qualified
6
75.0%
Wins
0
₹0
0.0% win rate
EARTHCO SPARES
0.0% win rate
4
₹82.48 Lakh
4
100.0%
0
₹0
EARTHCO SPARES
Total Bids
4
₹82.48 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
M/S RADIX INDUSTRIES
0.0% win rate
3
₹63.83 Lakh
1
33.3%
0
₹0
M/S RADIX INDUSTRIES
Total Bids
3
₹63.83 Lakh
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
OLIVER RUBBER INDUSTRIES LLP
0.0% win rate
2
₹38.58 Lakh
0
0.0%
0
₹0
OLIVER RUBBER INDUSTRIES LLP
Total Bids
2
₹38.58 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
HOWRAH FABRICATORS
0.0% win rate
2
₹38.58 Lakh
2
100.0%
0
₹0
HOWRAH FABRICATORS
Total Bids
2
₹38.58 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

103

Qualified: 81
Q Rate: 78.6%

Contract Value

₹19.70 Cr

Avg. Bid: ₹37.42 Lakh
Avg. EMD: ₹62K

L1 Bids

14

Win Rate: 13.6%
Q to W Ratio: 17.3%

Recent Win Rate

8.3%

Change: -4.6%
Period: FY 2024-25

Performance Analytics

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

Varsa Industries Government Tender Profile

With a substantial portfolio of 103 government tender participations, Varsa Industries 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.

Proven L1 Bid Success with 14 Contract Wins

Varsa Industries has successfully secured 14 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 13.6% across 103 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Varsa Industries has bid on contracts with a total value of ₹,19,69,97,028.0, successfully securing ₹,19,69,97,028.0 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 ₹,61,798.75 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus