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globe iron foundry Tender Performance & Track Recordglobe iron foundry

Tender Performance & Track Record

Company Overview

Summary
Government Tender Analysis: Globe Iron Foundry Globe Iron Foundry has submitted bids for 30 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids10
Value₹1.03Cr

Qualified Bids / Q Rate

Bids10
Q Rate100.0%

Total Wins / Win Value

Win5
Value₹72.05L

Wins Rate / Q-W Rate

Rate50.0%
Q-W Rate50.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

50.0% win rate
10
₹1.03 Cr
10
5
₹72.05 Lakh

Ministry of Steel

Bids
10
₹1.03 Cr
Qualified
10
Wins
5
₹72.05 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 10 bids — M/S SHREE RAM AGROTECH appeared in 3 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

GLOBE IRON FOUNDRY

Your Company
50.0% win rate
10
₹1.03 Cr
10
100.0%
5
₹72.05 Lakh

GLOBE IRON FOUNDRY

Your Company
Total Bids
10
₹1.03 Cr
Qualified
10
100.0%
Wins
5
₹72.05 Lakh
50.0% win rate
M/S SHREE RAM AGROTECH
33.3% win rate
3
₹43.38 Lakh
3
100.0%
1
₹13.79 Lakh
M/S SHREE RAM AGROTECH
Total Bids
3
₹43.38 Lakh
Qualified
3
100.0%
Wins
1
₹13.79 Lakh
33.3% win rate
RANJANA INDUSTRIES
20.0% win rate
5
₹36.21 Lakh
5
100.0%
1
₹6.65 Lakh
RANJANA INDUSTRIES
Total Bids
5
₹36.21 Lakh
Qualified
5
100.0%
Wins
1
₹6.65 Lakh
20.0% win rate
CHANDIMATA IRON INDUSTRIES
50.0% win rate
2
₹10.27 Lakh
2
100.0%
1
₹5.77 Lakh
CHANDIMATA IRON INDUSTRIES
Total Bids
2
₹10.27 Lakh
Qualified
2
100.0%
Wins
1
₹5.77 Lakh
50.0% win rate
PARUCCO FOUNDRY PRIVATE LIMITED
25.0% win rate
4
₹24.37 Lakh
4
100.0%
1
₹2.47 Lakh
PARUCCO FOUNDRY PRIVATE LIMITED
Total Bids
4
₹24.37 Lakh
Qualified
4
100.0%
Wins
1
₹2.47 Lakh
25.0% win rate
M.S.R. IRON FOUNDRY & STEEL WORKS
50.0% win rate
2
₹19.29 Lakh
2
100.0%
1
₹2.38 Lakh
M.S.R. IRON FOUNDRY & STEEL WORKS
Total Bids
2
₹19.29 Lakh
Qualified
2
100.0%
Wins
1
₹2.38 Lakh
50.0% win rate
SIMPLEX CASTINGS LIMITED
0.0% win rate
8
₹77.62 Lakh
6
75.0%
0
₹0
SIMPLEX CASTINGS LIMITED
Total Bids
8
₹77.62 Lakh
Qualified
6
75.0%
Wins
0
₹0
0.0% win rate
NECO HEAVY ENGINEERING AND CASTINGS LIMITED
0.0% win rate
5
₹59.91 Lakh
4
80.0%
0
₹0
NECO HEAVY ENGINEERING AND CASTINGS LIMITED
Total Bids
5
₹59.91 Lakh
Qualified
4
80.0%
Wins
0
₹0
0.0% win rate
JSIS IRON & STEEL INDIA PVT LTD
0.0% win rate
5
₹64.79 Lakh
5
100.0%
0
₹0
JSIS IRON & STEEL INDIA PVT LTD
Total Bids
5
₹64.79 Lakh
Qualified
5
100.0%
Wins
0
₹0
0.0% win rate
BHARAT FOUNDRY WORKS
0.0% win rate
4
₹36.96 Lakh
4
100.0%
0
₹0
BHARAT FOUNDRY WORKS
Total Bids
4
₹36.96 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
GENERAL ENGINEERING WORKS
0.0% win rate
2
₹23.43 Lakh
2
100.0%
0
₹0
GENERAL ENGINEERING WORKS
Total Bids
2
₹23.43 Lakh
Qualified
2
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

30

Qualified: 26
Q Rate: 86.7%

Contract Value

₹11.85 Cr

Avg. Bid: ₹18.52 Lakh
Avg. EMD: ₹0

L1 Bids

8

Win Rate: 26.7%
Q to W Ratio: 30.8%

Recent Win Rate

40.0%

Change: +6.7%
Period: FY 2024-25

Performance Analytics

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

Government Tender Analysis: Globe Iron Foundry

Globe Iron Foundry has submitted bids for 30 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.

Proven L1 Bid Success with 8 Contract Wins

Globe Iron Foundry has successfully secured 8 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 26.7% across 30 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Globe Iron Foundry has bid on contracts with a total value of ₹,11,85,11,153.0, successfully securing ₹,11,85,11,153.0 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 West Bengal government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Steel Authority Of India Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Durgapur Steel Plant, showing familiarity with diverse organizational procurement requirements.