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verma steel furniture Tender Performance & Track Record

verma steel furniture

Tender Performance & Track Record

Company Overview

Summary
Verma Steel Furniture: Government Tender Performance Analysis Verma Steel Furniture has begun establishing presence in India's government tender ecosystem with participation in 5 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids3
Value₹13.51L

Qualified Bids / Q Rate

Bids1
Q Rate33.3%

Total Wins / Win Value

Win1
Value₹4.83L

Wins Rate / Q-W Rate

Rate33.3%
Q-W Rate100.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

33.3% win rate
3
₹13.51 Lakh
1
1
₹4.83 Lakh

Ministry of Defence

Bids
3
₹13.51 Lakh
Qualified
1
Wins
1
₹4.83 Lakh
33.3% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 3 bids — TONGYA SALES CORPORATION appeared in 3 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

VERMA STEEL FURNITURE

Your Company
33.3% win rate
3
₹13.51 Lakh
1
33.3%
1
₹4.83 Lakh

VERMA STEEL FURNITURE

Your Company
Total Bids
3
₹13.51 Lakh
Qualified
1
33.3%
Wins
1
₹4.83 Lakh
33.3% win rate
TONGYA SALES CORPORATION
33.3% win rate
3
₹13.51 Lakh
3
100.0%
1
₹6.15 Lakh
TONGYA SALES CORPORATION
Total Bids
3
₹13.51 Lakh
Qualified
3
100.0%
Wins
1
₹6.15 Lakh
33.3% win rate
SC CREATIONS
50.0% win rate
2
₹8.68 Lakh
2
100.0%
1
₹2.53 Lakh
SC CREATIONS
Total Bids
2
₹8.68 Lakh
Qualified
2
100.0%
Wins
1
₹2.53 Lakh
50.0% win rate
DEVENDRA KUMAR BATHAM
0.0% win rate
3
₹13.51 Lakh
3
100.0%
0
₹0
DEVENDRA KUMAR BATHAM
Total Bids
3
₹13.51 Lakh
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
SARAVAGI TRADERS
0.0% win rate
1
₹6.15 Lakh
0
0.0%
0
₹0
SARAVAGI TRADERS
Total Bids
1
₹6.15 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
TC ENTERPRISES
0.0% win rate
1
₹4.83 Lakh
1
100.0%
0
₹0
TC ENTERPRISES
Total Bids
1
₹4.83 Lakh
Qualified
1
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

5

Qualified: 3
Q Rate: 60.0%

Contract Value

₹18.92 Lakh

Avg. Bid: ₹3.41 Lakh
Avg. EMD: ₹0

L1 Bids

3

Win Rate: 60.0%
Q to W Ratio: 100.0%

Recent Win Rate

33.3%

Change: -66.7%
Period: FY 2024-25

Performance Analytics

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

Verma Steel Furniture: Government Tender Performance Analysis

Verma Steel Furniture has begun establishing presence in India's government tender ecosystem with participation in 5 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 60.0%

Verma Steel Furniture demonstrates exceptional government tender performance with an impressive win ratio of 60.0%. Out of 5 tenders, they have secured 3 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Department Of Military Affairs, where they have demonstrated specific procurement expertise.

Technical Compliance in Government Tenders

Verma Steel Furniture has achieved technical qualification in 3 out of 5 government tenders, a qualification rate of 60.0%. This metric highlights their ability to satisfy the technical criteria and compliance requirements specified in public procurement opportunities. Their qualification performance provides insight into their technical capabilities and attention to tender specifications.