artek surfin chemicals limited

Tender Performance & Track Record

CIN: U29190MH1990PLC055269
Active
Public
Company limited by shares

Company Overview

Summary
Artek Surfin Chemicals Limited Government Tender Analysis Artek Surfin Chemicals Limited, a key player in the Indian chemical industry, has a proven track record in government procurement. With 72 tender participations, a 26.4% win rate, and a focus on the Ministry of Defence, Artek Surfin demonstrates strategic engagement in the public sector. This analysis, powered by TenderAI, offers insights into their bidding performance, financial health, and competitive positioning.
Primary Ministry:
Founded:1990
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids40
Value₹1.94Cr

Qualified Bids / Q Rate

Bids30
Q Rate75.0%

Total Wins / Win Value

Win14
Value₹56.88L

Wins Rate / Q-W Rate

Rate35.0%
Q-W Rate46.7%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Ministry of Defence

Bids
36
₹1.89 Cr
Qualified
27
Wins
11
₹52.36 Lakh
30.6% win rate

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹3.02 Lakh
Qualified
1
Wins
1
₹2.18 Lakh
50.0% win rate

PMO

Bids
2
₹2.33 Lakh
Qualified
2
Wins
2
₹2.33 Lakh
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 40 bids — FRANK ALKANES INDIA PRIVATE LIMITED appeared in 8 of them.

ARTEK SURFIN CHEMICALS LIMITED

Your Company
Total Bids
40
₹1.94 Cr
Qualified
30
75.0%
Wins
14
₹56.88 Lakh
35.0% win rate
Total Bids
8
₹51.74 Lakh
Qualified
8
100.0%
Wins
2
₹17.68 Lakh
25.0% win rate
Total Bids
9
₹41.96 Lakh
Qualified
8
88.9%
Wins
3
₹10.42 Lakh
33.3% win rate
Total Bids
8
₹24.69 Lakh
Qualified
6
75.0%
Wins
2
₹3.37 Lakh
25.0% win rate
Total Bids
12
₹35.02 Lakh
Qualified
11
91.7%
Wins
0
₹0
0.0% win rate
Total Bids
11
₹29.97 Lakh
Qualified
7
63.6%
Wins
0
₹0
0.0% win rate
Total Bids
10
₹56.35 Lakh
Qualified
7
70.0%
Wins
0
₹0
0.0% win rate
Total Bids
8
₹27.28 Lakh
Qualified
6
75.0%
Wins
0
₹0
0.0% win rate
Total Bids
8
₹39.73 Lakh
Qualified
7
87.5%
Wins
0
₹0
0.0% win rate
Total Bids
7
₹28.69 Lakh
Qualified
6
85.7%
Wins
0
₹0
0.0% win rate
Total Bids
7
₹36.58 Lakh
Qualified
5
71.4%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29190MH1990PLC055269
Class
Public
Status
Active
Founded1990

Financial Details

Authorized Capital₹2.5Cr
Paid-up Capital₹2.5Cr

Registered Office

PLOT NO 121 MAROL CO-OPINDUSTRIAL ESTATE M V RD ANDHERI (E)NA-MUMBAI-Maharashtra-400059-India


Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29190

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Mumbai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

72

Qualified: 45
Q Rate: 62.5%

Contract Value

₹2.89 Cr

Avg. Bid: ₹3.14 Lakh
Avg. EMD: ₹41K

L1 Bids

19

Win Rate: 26.4%
Q to W Ratio: 42.2%

Recent Win Rate

30.0%

Change: +5.8%
Period: FY 2024-25

Performance Analytics

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

Artek Surfin Chemicals Limited Government Tender Analysis

Artek Surfin Chemicals Limited, a key player in the Indian chemical industry, has a proven track record in government procurement. With 72 tender participations, a 26.4% win rate, and a focus on the Ministry of Defence, Artek Surfin demonstrates strategic engagement in the public sector. This analysis, powered by TenderAI, offers insights into their bidding performance, financial health, and competitive positioning.

Executive Summary

Artek Surfin Chemicals Limited has actively participated in 72 government tenders between FY2022-23 and FY2024-25, achieving a win rate of 26.4%. The company secured 19 L1 bids, showcasing their ability to win contracts through competitive pricing and strategic bidding. Their qualification rate stands at 62.5%, demonstrating a strong understanding of technical requirements in government tenders. The total contract value secured by Artek Surfin is ₹2,88,96,099 during the analyzed period.

TenderAI's financial health assessment gives Artek Surfin a score of 64.4, categorized as 'Satisfactory'. This score is based on factors such as win rate, contract value, bid efficiency, growth, and consistency.

Artek Surfin focuses on the Ministry of Defence, Department of Defence Production, and related entities like Advanced Weapons And Equipment India Limited and Yantra India Limited. Geographically, they primarily operate in Maharashtra.

In the competitive landscape, Artek Surfin faces strong competition from companies like NAVRAJ METAL WORKS and SALTS AND CHEMICALS PVT LTD. A detailed competitor analysis is provided below.

Financial Performance Analysis