TendersAi Logo

Discover the latest tenders, get AI-powered insights, and collaborate to seize government opportunities with TendersAI.

Contact Us

✉️ [email protected]📞 +91-8962422201

Departments

View All
Department of Military Affairs(90827)
Department of Defence Production(20910)
Indian Railways(14280)
Department of Heavy Industry(10115)
Department of Atomic Energy(10071)

States

View All
MAHARASHTRA(20071)
UTTAR PRADESH(18984)
JAMMU & KASHMIR(12651)
GUJARAT(11830)
KARNATAKA(9749)

Cities

View All
MUMBAI(6104)
BANGALORE(5435)
HYDERABAD(3403)
PUNE(3272)
JAMMU(2591)
Privacy Policy|Terms of Service

© 2025 TendersAi. All rights reserved.

ifgl refractories limited Tender Performance & Track Recordifgl refractories limited

CIN: L27202OR1989PLC002971
Amalgamated

Tender Performance & Track Record

Public
Company limited by shares
CIN: L27202OR1989PLC002971
Amalgamated
Public
Company limited by shares

Company Overview

Summary
IFGL Refractories Limited: Business Analysis and Strategic Recommendations Executive Summary:
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Founded: 1989State: ORISSA
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited
Founded:1989
State:ORISSA

Tender Performance

Data for 01 April 2024 to 31 October 2025

Live Data

Total Bids / Contract Value

Bids70
Value₹871.65Cr

Qualified Bids / Q Rate

Bids67
Q Rate95.7%

Total Wins / Win Value

Win20
Value₹270.46Cr

Wins Rate / Q-W Rate

Rate28.6%
Q-W Rate29.9%

Detailed Performance Analysis

Scroll to view more categories

Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

32.2% win rate
59
₹870.53 Cr
57
19
₹270.40 Cr

Ministry of Steel

Bids
59
₹870.53 Cr
Qualified
57
Wins
19
₹270.40 Cr
32.2% win rate

Ministry of Defence

11.1% win rate
9
₹1.01 Cr
8
1
₹5.64 Lakh

Ministry of Defence

Bids
9
₹1.01 Cr
Qualified
8
Wins
1
₹5.64 Lakh
11.1% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
2
₹10.84 Lakh
2
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹10.84 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 70 bids — RHI MAGNESITA INDIA LIMITED appeared in 40 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

IFGL REFRACTORIES LIMITED

Your Company
28.6% win rate
70
₹871.65 Cr
67
95.7%
20
₹270.46 Cr

IFGL REFRACTORIES LIMITED

Your Company
Total Bids
70
₹871.65 Cr
Qualified
67
95.7%
Wins
20
₹270.46 Cr
28.6% win rate
RHI MAGNESITA INDIA LIMITED
25.0% win rate
40
₹718.17 Cr
40
100.0%
10
₹202.22 Cr
RHI MAGNESITA INDIA LIMITED
Total Bids
40
₹718.17 Cr
Qualified
40
100.0%
Wins
10
₹202.22 Cr
25.0% win rate
VESUVIUS INDIA LTD
25.9% win rate
27
₹651.82 Cr
19
70.4%
7
₹128.79 Cr
VESUVIUS INDIA LTD
Total Bids
27
₹651.82 Cr
Qualified
19
70.4%
Wins
7
₹128.79 Cr
25.9% win rate
SARVESH REFRACTORIES PRIVATE LIMITED
20.0% win rate
10
₹223.09 Cr
10
100.0%
2
₹98.53 Cr
SARVESH REFRACTORIES PRIVATE LIMITED
Total Bids
10
₹223.09 Cr
Qualified
10
100.0%
Wins
2
₹98.53 Cr
20.0% win rate
VISHVA VISHAL REFRACTORY LIMITED
58.3% win rate
12
₹134.52 Cr
12
100.0%
7
₹77.18 Cr
VISHVA VISHAL REFRACTORY LIMITED
Total Bids
12
₹134.52 Cr
Qualified
12
100.0%
Wins
7
₹77.18 Cr
58.3% win rate
TRL KROSAKI REFRACTORIES LIMITED
23.5% win rate
17
₹248.24 Cr
16
94.1%
4
₹63.04 Cr
TRL KROSAKI REFRACTORIES LIMITED
Total Bids
17
₹248.24 Cr
Qualified
16
94.1%
Wins
4
₹63.04 Cr
23.5% win rate
CALDERYS STEELCASTING INDIA PRIVATE LIMITED
71.4% win rate
7
₹25.69 Cr
7
100.0%
5
₹17.61 Cr
CALDERYS STEELCASTING INDIA PRIVATE LIMITED
Total Bids
7
₹25.69 Cr
Qualified
7
100.0%
Wins
5
₹17.61 Cr
71.4% win rate
SKG REFRACTORIES LIMITED
50.0% win rate
4
₹60.37 Lakh
4
100.0%
2
₹31.39 Lakh
SKG REFRACTORIES LIMITED
Total Bids
4
₹60.37 Lakh
Qualified
4
100.0%
Wins
2
₹31.39 Lakh
50.0% win rate
JHARKHAND GRIND-CHEM PRIVATE LIMITED
0.0% win rate
6
₹18.25 Cr
6
100.0%
0
₹0
JHARKHAND GRIND-CHEM PRIVATE LIMITED
Total Bids
6
₹18.25 Cr
Qualified
6
100.0%
Wins
0
₹0
0.0% win rate
ALLIED METALLURGICAL PRODUCTS LIMITED
0.0% win rate
6
₹24.70 Cr
6
100.0%
0
₹0
ALLIED METALLURGICAL PRODUCTS LIMITED
Total Bids
6
₹24.70 Cr
Qualified
6
100.0%
Wins
0
₹0
0.0% win rate
ADITHYAPOWER REFRACTORIES AND INSULATION PRIVATE LIMITED
0.0% win rate
4
₹23.99 Lakh
3
75.0%
0
₹0
ADITHYAPOWER REFRACTORIES AND INSULATION PRIVATE LIMITED
Total Bids
4
₹23.99 Lakh
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL27202OR1989PLC002971
Class
Public
Status
Amalgamated
Founded1989

Financial Details

Authorized Capital₹60.0Cr
Paid-up Capital₹34.6Cr

Registered Office

SECTOR B KALUNGA INDUSTRIAL ESTATE KALUNGA ROURKELANA-SUNDARGARH-Orissa-770031-India

Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code27202

Company Type

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

Market Information

Listing Status
Listed
ROCROC Cuttack
Free Trial!

Transform Your Tender Process

Join thousands of businesses winning more tenders

No Credit Card Required
0%
Success Rate
0x
Faster Process
0/7
24/7 Support

Smart Alerts

Get AI-powered tender recommendations

Market Intel

Track competitor bidding patterns

Email Reports

Weekly detailed analytics reports

Download Hub

Export tender data in bulk format

Smart Tracking

Never miss important deadlines

& Much More...

Discover all premium features with your trial

DS

"TendersAi transformed our bidding process. We've increased our win rate by 40% and saved countless hours."

Dipanshu Sahijpal • Supernirman
Start 15-Day Free Trial
Secure & Trusted
24/7 Support
Easy Setup

Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

129

Qualified: 125
Q Rate: 96.9%

Contract Value

₹1515.22 Cr

Avg. Bid: ₹13.36 Cr
Avg. EMD: ₹13.06 Lakh

L1 Bids

38

Win Rate: 29.5%
Q to W Ratio: 30.4%

Recent Win Rate

45.2%

Change: +21.6%
Period: FY 2024-25

Performance Analytics

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

IFGL Refractories Limited: Business Analysis and Strategic Recommendations

Executive Summary:

IFGL Refractories Limited demonstrates a robust presence in the government tender landscape with a 29.7% win rate across 128 tender participations. The company has secured 38 L1 positions, showcasing competitive pricing and effective bid strategies. With ₹14.99 Billion+ in government contract value secured, IFGL exhibits strong financial performance and a demonstrated capability in high-value government contracts within the refractories industry. Key areas for improvement include addressing weaknesses in specific bid ranges and capitalizing on opportunities within high-value departments like SAIL.

Financial Performance of IFGL Refractories Limited

IFGL Refractories Limited's financial performance in government tenders reveals a solid track record in securing valuable public sector projects. The company's IFGL Refractories Limited financial performance is characterized by:

  • Total Contract Value: Securing ₹14,99,26,74,685.0 in government contracts.
  • Win Rate: A commendable 29.7% win rate, demonstrating effective targeting and bidding strategies.
  • Technical Qualification Rate: A high 96.9% technical qualification rate, indicating strong compliance capabilities.

Key Financial Metrics: