veegrip belts 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 52 bids — NIRMAL TRANS BELTS PRIVATE LIMITED appeared in 24 of them.
VEEGRIP BELTS PRIVATE LIMITED
VEEGRIP BELTS PRIVATE LIMITED
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
96
Contract Value
₹95.47 Lakh
L1 Bids
20
Recent Win Rate
17.8%
Performance Analytics
Veegrip Belts Government Tender Profile
With a substantial portfolio of 96 government tender participations, Veegrip Belts Private Limited 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 20 Contract Wins
Veegrip Belts has successfully secured 20 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 20.8% across 96 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.
Specialized Government Procurement Focus
The company has established a regional presence in Jharkhand, Odisha government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Atomic Energy, Na, Department Of Fertilizers, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Coast Guard, Kiocl Limited, National Fertilizers Limited (Nfl), showing familiarity with diverse organizational procurement requirements.
Technical Qualification Analysis
Veegrip Belts has qualified in 47 out of 96 government tenders, representing a qualification rate of 49.0%. This suggests an opportunity to enhance their approach to meeting technical specifications in government procurement. Improving this metric could strengthen their competitive position in future tender opportunities.