Veekay Enterprises Government Tender Profile

With a substantial portfolio of 176 government tender participations, Veekay Enterprises 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.

Government Tender Performance Development

Veekay Enterprises has achieved 5 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 2.8% across 176 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Veekay Enterprises has bid on contracts with a total value of ₹,71,13,20,097.0, successfully securing ₹,71,13,20,097.0 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.

Specialized Government Procurement Focus

The company has established a regional presence in Madhya Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence Production, Department Of Military Affairs, Urban Development And Environment Department, where they have demonstrated specific procurement expertise. They have experience bidding with Munitions India Limited, showing familiarity with diverse organizational procurement requirements.