ida solvex Tender Performance & Track Recordida solvex

Ida Solvex Government Tender Profile

With a substantial portfolio of 137 government tender participations, Ida Solvex has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 38 Contract Wins

Ida Solvex has successfully secured 38 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 27.7% across 137 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

Ida Solvex has bid on contracts with a total value of ₹3,96,98,975.0, successfully securing ₹3,96,98,975.0 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 Andhra Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Atomic Energy, Department Of Defence Production, Department Of Fertilizers, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), Indian Coast Guard, showing familiarity with diverse organizational procurement requirements.