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indovative products inc Tender Performance & Track Recordindovative products inc

Tender Performance & Track Record

Company Overview

Summary
Indovative Products Inc Government Tender Profile With a substantial portfolio of 1023 government tender participations, Indovative Products Inc 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.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids381
Value₹33.93Cr

Qualified Bids / Q Rate

Bids277
Q Rate72.7%

Total Wins / Win Value

Win49
Value₹4.81Cr

Wins Rate / Q-W Rate

Rate12.9%
Q-W Rate17.7%

Detailed Performance Analysis

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Tender Performance by Ministries

20 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

22.4% win rate
116
₹4.95 Cr
101
26
₹72.21 Lakh

Ministry of Defence

Bids
116
₹4.95 Cr
Qualified
101
Wins
26
₹72.21 Lakh
22.4% win rate

Ministry of Heavy Industries and Public Enterprises

18.0% win rate
50
₹2.82 Cr
40
9
₹57.62 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
50
₹2.82 Cr
Qualified
40
Wins
9
₹57.62 Lakh
18.0% win rate

Ministry of Finance

3.7% win rate
27
₹3.79 Cr
22
1
₹1.01 Lakh

Ministry of Finance

Bids
27
₹3.79 Cr
Qualified
22
Wins
1
₹1.01 Lakh
3.7% win rate

Ministry of Railways

0.0% win rate
23
₹28.02 Lakh
2
0
₹0

Ministry of Railways

Bids
23
₹28.02 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

PMO

10.0% win rate
20
₹55.84 Lakh
13
2
₹6.15 Lakh

PMO

Bids
20
₹55.84 Lakh
Qualified
13
Wins
2
₹6.15 Lakh
10.0% win rate

Ministry of Mines

11.8% win rate
17
₹5.70 Cr
14
2
₹1.17 Cr

Ministry of Mines

Bids
17
₹5.70 Cr
Qualified
14
Wins
2
₹1.17 Cr
11.8% win rate

Ministry of Power

7.1% win rate
14
₹2.91 Cr
14
1
₹44.18 Lakh

Ministry of Power

Bids
14
₹2.91 Cr
Qualified
14
Wins
1
₹44.18 Lakh
7.1% win rate

Ministry of Petroleum and Natural Gas

15.4% win rate
13
₹4.51 Cr
10
2
₹1.56 Cr

Ministry of Petroleum and Natural Gas

Bids
13
₹4.51 Cr
Qualified
10
Wins
2
₹1.56 Cr
15.4% win rate

Ministry of Steel

7.7% win rate
13
₹68.97 Lakh
7
1
₹80K

Ministry of Steel

Bids
13
₹68.97 Lakh
Qualified
7
Wins
1
₹80K
7.7% win rate

Department of Space

8.3% win rate
12
₹32.43 Lakh
6
1
₹3.57 Lakh

Department of Space

Bids
12
₹32.43 Lakh
Qualified
6
Wins
1
₹3.57 Lakh
8.3% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
12
₹63.61 Lakh
5
0
₹0

Ministry of Chemicals and Fertilizers

Bids
12
₹63.61 Lakh
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Communications

0.0% win rate
9
₹55.72 Lakh
7
0
₹0

Ministry of Communications

Bids
9
₹55.72 Lakh
Qualified
7
Wins
0
₹0
0.0% win rate

Ministry of Social Justice and Empowerment

0.0% win rate
6
₹74.82 Lakh
5
0
₹0

Ministry of Social Justice and Empowerment

Bids
6
₹74.82 Lakh
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Science and Technology

25.0% win rate
4
₹19.68 Lakh
4
1
₹1.58 Lakh

Ministry of Science and Technology

Bids
4
₹19.68 Lakh
Qualified
4
Wins
1
₹1.58 Lakh
25.0% win rate

Ministry of Civil Aviation

0.0% win rate
3
₹19.35 Lakh
2
0
₹0

Ministry of Civil Aviation

Bids
3
₹19.35 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Coal

0.0% win rate
3
₹35.06 Lakh
1
0
₹0

Ministry of Coal

Bids
3
₹35.06 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Health and Family Welfare

0.0% win rate
3
₹4.01 Lakh
2
0
₹0

Ministry of Health and Family Welfare

Bids
3
₹4.01 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Ports, Shipping and Waterways

0.0% win rate
3
₹61.76 Lakh
2
0
₹0

Ministry of Ports, Shipping and Waterways

Bids
3
₹61.76 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Textiles

0.0% win rate
3
₹13.35 Lakh
3
0
₹0

Ministry of Textiles

Bids
3
₹13.35 Lakh
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Agriculture and Farmers Welfare

0.0% win rate
2
₹19.51 Lakh
2
0
₹0

Ministry of Agriculture and Farmers Welfare

Bids
2
₹19.51 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 381 bids — PULKIT AGRO PLAST appeared in 62 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

INDOVATIVE PRODUCTS INC

Your Company
12.9% win rate
381
₹33.93 Cr
277
72.7%
49
₹4.81 Cr

INDOVATIVE PRODUCTS INC

Your Company
Total Bids
381
₹33.93 Cr
Qualified
277
72.7%
Wins
49
₹4.81 Cr
12.9% win rate
PULKIT AGRO PLAST
14.5% win rate
62
₹7.62 Cr
59
95.2%
9
₹82.37 Lakh
PULKIT AGRO PLAST
Total Bids
62
₹7.62 Cr
Qualified
59
95.2%
Wins
9
₹82.37 Lakh
14.5% win rate
AEROGRAPHICS PAPERS PRIVATE LIMITED
19.6% win rate
51
₹6.48 Cr
47
92.2%
10
₹67.94 Lakh
AEROGRAPHICS PAPERS PRIVATE LIMITED
Total Bids
51
₹6.48 Cr
Qualified
47
92.2%
Wins
10
₹67.94 Lakh
19.6% win rate
PLASTOMAX PACKAGING SOLUTIONS LLP
25.0% win rate
24
₹2.98 Cr
20
83.3%
6
₹50.59 Lakh
PLASTOMAX PACKAGING SOLUTIONS LLP
Total Bids
24
₹2.98 Cr
Qualified
20
83.3%
Wins
6
₹50.59 Lakh
25.0% win rate
AKASH OFFSET PRINT
4.3% win rate
23
₹1.69 Cr
13
56.5%
1
₹8.32 Lakh
AKASH OFFSET PRINT
Total Bids
23
₹1.69 Cr
Qualified
13
56.5%
Wins
1
₹8.32 Lakh
4.3% win rate
MANGLAM SAFPACK INDUSTRIES
14.3% win rate
28
₹2.81 Cr
20
71.4%
4
₹3.48 Lakh
MANGLAM SAFPACK INDUSTRIES
Total Bids
28
₹2.81 Cr
Qualified
20
71.4%
Wins
4
₹3.48 Lakh
14.3% win rate
M/S DHANDHANIA UDYOG
12.5% win rate
24
₹98.73 Lakh
19
79.2%
3
₹2.70 Lakh
M/S DHANDHANIA UDYOG
Total Bids
24
₹98.73 Lakh
Qualified
19
79.2%
Wins
3
₹2.70 Lakh
12.5% win rate
KOTHARI PACKAGING INDUSTRIES
3.7% win rate
27
₹2.16 Cr
18
66.7%
1
₹1.58 Lakh
KOTHARI PACKAGING INDUSTRIES
Total Bids
27
₹2.16 Cr
Qualified
18
66.7%
Wins
1
₹1.58 Lakh
3.7% win rate
KAYSON POLYLAM PRIVATE LIMITED
3.7% win rate
27
₹1.67 Cr
21
77.8%
1
₹43K
KAYSON POLYLAM PRIVATE LIMITED
Total Bids
27
₹1.67 Cr
Qualified
21
77.8%
Wins
1
₹43K
3.7% win rate
M/S HIND PLASTIC WORKS
4.3% win rate
23
₹83.09 Lakh
22
95.7%
1
₹41K
M/S HIND PLASTIC WORKS
Total Bids
23
₹83.09 Lakh
Qualified
22
95.7%
Wins
1
₹41K
4.3% win rate
AKASH DECORE AND PACK
0.0% win rate
25
₹2.55 Cr
9
36.0%
0
₹0
AKASH DECORE AND PACK
Total Bids
25
₹2.55 Cr
Qualified
9
36.0%
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

1,023

Qualified: 760
Q Rate: 74.3%

Contract Value

₹128.61 Cr

Avg. Bid: ₹7.21 Lakh
Avg. EMD: ₹62K

L1 Bids

99

Win Rate: 9.7%
Q to W Ratio: 13.0%

Recent Win Rate

12.4%

Change: +4.0%
Period: FY 2024-25

Performance Analytics

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

Indovative Products Inc Government Tender Profile

With a substantial portfolio of 1023 government tender participations, Indovative Products Inc 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 99 Contract Wins

Indovative Products Inc has successfully secured 99 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 9.7% across 1023 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

Indovative Products Inc has bid on contracts with a total value of ₹1,28,60,63,308.0, successfully securing ₹1,28,60,63,308.0 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.

The company's average Earnest Money Deposit (EMD) of ₹,62,290.333333333336 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus