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bin sari specialized technologies corrosion protection india private limited Tender Performance & Track Recordbin sari specialized technologies corrosion protection india private limited

CIN: U74900KL2015PTC038824
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U74900KL2015PTC038824
Active
Private
Company limited by shares

Company Overview

Summary
Bin Sari Specialized Technologies Corrosion Protection India Private Limited: Comprehensive Tender Performance Analysis Executive Summary
Primary Ministry: Ministry of Petroleum and Natural GasPrimary Department: Bharat Petroleum Corporation Ltd
Founded: 2015State: KERALA
Primary Ministry:
Ministry of Petroleum and Natural Gas
Primary Department:
Bharat Petroleum Corporation Ltd
Founded:2015
State:KERALA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids2
Value₹8.47L

Qualified Bids / Q Rate

Bids1
Q Rate50.0%

Total Wins / Win Value

Win1
Value₹3.54L

Wins Rate / Q-W Rate

Rate50.0%
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 Petroleum and Natural Gas

50.0% win rate
2
₹8.47 Lakh
1
1
₹3.54 Lakh

Ministry of Petroleum and Natural Gas

Bids
2
₹8.47 Lakh
Qualified
1
Wins
1
₹3.54 Lakh
50.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 2 bids — SSS ENGINEERS appeared in 2 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

BIN SARI SPECIALIZED TECHNOLOGIES CORROSION PROTECTION INDIA PRIVATE LIMITED

Your Company
50.0% win rate
2
₹8.47 Lakh
1
50.0%
1
₹3.54 Lakh

BIN SARI SPECIALIZED TECHNOLOGIES CORROSION PROTECTION INDIA PRIVATE LIMITED

Your Company
Total Bids
2
₹8.47 Lakh
Qualified
1
50.0%
Wins
1
₹3.54 Lakh
50.0% win rate
SSS ENGINEERS
50.0% win rate
2
₹8.47 Lakh
2
100.0%
1
₹4.93 Lakh
SSS ENGINEERS
Total Bids
2
₹8.47 Lakh
Qualified
2
100.0%
Wins
1
₹4.93 Lakh
50.0% win rate
SHIVI ENERGY SOLUTIONS PRIVATE LIMITED
0.0% win rate
2
₹8.47 Lakh
1
50.0%
0
₹0
SHIVI ENERGY SOLUTIONS PRIVATE LIMITED
Total Bids
2
₹8.47 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
KAWALBIR SINGH
0.0% win rate
2
₹8.47 Lakh
1
50.0%
0
₹0
KAWALBIR SINGH
Total Bids
2
₹8.47 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
CORROSION TECHNOLOGY SERVICES INDIA PRIVATE LIMITED
0.0% win rate
2
₹8.47 Lakh
1
50.0%
0
₹0
CORROSION TECHNOLOGY SERVICES INDIA PRIVATE LIMITED
Total Bids
2
₹8.47 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
JCA TECHNOLOGIES PRIVATE LIMITED
0.0% win rate
1
₹4.93 Lakh
1
100.0%
0
₹0
JCA TECHNOLOGIES PRIVATE LIMITED
Total Bids
1
₹4.93 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
SM CORROSION SERVICES
0.0% win rate
1
₹4.93 Lakh
0
0.0%
0
₹0
SM CORROSION SERVICES
Total Bids
1
₹4.93 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
CONSULTECH
0.0% win rate
1
₹4.93 Lakh
1
100.0%
0
₹0
CONSULTECH
Total Bids
1
₹4.93 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
NGVR PROJECTS AND SERVICES PRIVATE LIMITED
0.0% win rate
1
₹4.93 Lakh
0
0.0%
0
₹0
NGVR PROJECTS AND SERVICES PRIVATE LIMITED
Total Bids
1
₹4.93 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
CORMIT ELECT PROJECTS PRIVATE LIMITED
0.0% win rate
1
₹3.54 Lakh
1
100.0%
0
₹0
CORMIT ELECT PROJECTS PRIVATE LIMITED
Total Bids
1
₹3.54 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
UNIVERSAL CORROSION PREVENTION INDIA
0.0% win rate
1
₹3.54 Lakh
1
100.0%
0
₹0
UNIVERSAL CORROSION PREVENTION INDIA
Total Bids
1
₹3.54 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU74900KL2015PTC038824
Class
Private
Status
Active
Founded2015

Financial Details

Authorized Capital₹1.0Cr
Paid-up Capital₹80.0L

Registered Office

Door No. 32/3007 B1 Aysha Road, Ponnurunni , Vytilla, CochinNA-Ernakulam-Kerala-682019-India


Industry Classification

Business Services

NIC Code74900

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Ernakulam
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

2

Qualified: 1
Q Rate: 50.0%

Contract Value

₹8.47 Lakh

Avg. Bid: ₹3.54 Lakh
Avg. EMD: ₹35K

L1 Bids

1

Win Rate: 50.0%
Q to W Ratio: 100.0%

Recent Win Rate

50.0%

Change: +50.0%
Period: FY 2024-25

Performance Analytics

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

Bin Sari Specialized Technologies Corrosion Protection India Private Limited: Comprehensive Tender Performance Analysis

Executive Summary

Bin Sari Specialized Technologies Corrosion Protection India Private Limited is an emerging player in the Indian government procurement landscape, specializing in corrosion protection solutions. This analysis provides a comprehensive overview of their tender performance, financial health, competitive positioning, and strategic recommendations for future growth. Key performance metrics highlight their strengths and areas for improvement in the competitive Indian market.

From April 2024 to March 2025, Bin Sari demonstrated a strong 50.0% win rate in government tenders, securing 1 L1 position out of 2 bids. Their technical qualification rate during this period was also 50.0%. While specific contract value growth cannot be determined due to limited historical data, their initial success indicates a promising start. The TenderAI financial health score is assessed at 56.2, categorized as 'Satisfactory', based on win rate, contract value, bid efficiency, growth, and consistency components.

In the competitive landscape of corrosion protection services, Bin Sari primarily engages with the Ministry of Petroleum and Natural Gas, specifically through Bharat Petroleum Corporation Ltd (BPCL) tenders. This targeted approach indicates a strategic focus on specific government departments and procurement opportunities. Their competitive positioning is characterized by efficient bidding processes and potentially cost-effective solutions, as evidenced by their L1 win. Further analysis explores their strengths, weaknesses, opportunities, and threats (SWOT) to formulate actionable strategies for sustained growth and market leadership.

The analysis concludes with strategic recommendations prioritized by impact, focusing on market expansion, bid optimization, and risk mitigation. This report is designed to provide actionable insights for Bin Sari Specialized Technologies Corrosion Protection India Private Limited, government procurement officers, industry stakeholders, and investors seeking to understand the company's potential in the Indian government procurement market.

Financial Performance Analysis

Yearly Trends