ashoka foundry and equipment private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 14 September 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 13 bids — EMPIRE AUTO PRIVATE LIMITED appeared in 2 of them.
ASHOKA FOUNDRY AND EQUIPMENT PRIVATE LIMITED
ASHOKA FOUNDRY AND EQUIPMENT PRIVATE LIMITED
Financial Details
Registered Office
11-4-5/2, Nowroji Road MaharanipetaNA-Visakhapatnam-Andhra Pradesh-530002-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
48
Contract Value
₹44.35 Cr
L1 Bids
22
Recent Win Rate
33.3%
Performance Analytics
Ashoka Foundry And Equipment Private Limited: Comprehensive Tender Performance Analysis
Ashoka Foundry And Equipment Private Limited has established a notable presence in the Indian government procurement landscape. This report provides a detailed analysis of their tender performance, financial health, competitive positioning, and strategic recommendations, focusing on their engagement in Indian government tenders. Ashoka Foundry specializes as a leading foundry equipment supplier, and their government contract data reveals key strengths in various sectors, primarily within the steel industry. This analysis helps government procurement officers, industry stakeholders, and investors evaluate Ashoka Foundry's capabilities.
Key Performance Highlights (April 2018 - March 2025):
- Win Rate: A strong win rate of 45.8%, securing 22 out of 48 bids.
- Qualification Rate: Excellent technical qualification rate of 93.8%, indicating strong compliance and technical competence.
- Contract Value Growth: Total secured contract value of ₹44.35 crore, with significant engagement in the Ministry of Steel and the Department of Defence Production.
- Financial Health: Assessed by TenderAI with a 'Good' rating and a score of 79.7/100, reflecting sound financial performance and bid efficiency.
Market Positioning:
Ashoka Foundry And Equipment is positioned as a dominant player in specific segments of the steel and defence sectors, demonstrating a competitive edge in high-value contracts. Their tender success highlights their ability to meet stringent technical requirements and offer competitive pricing.