korrex sealing solutions private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 01 November 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 10 bids — FORT WILLIAM FLEXIBLES appeared in 4 of them.
KORREX SEALING SOLUTIONS PRIVATE LIMITED
KORREX SEALING SOLUTIONS PRIVATE LIMITED
Financial Details
Registered Office
No. 386, Devi Nilaya, MES Road, Opposite Mother Teresa School, MuthyalanagarNA-Bangalore-Karnataka-560054-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
16
Contract Value
₹1.05 Cr
L1 Bids
2
Recent Win Rate
14.3%
Performance Analytics
Korrex Sealing Solutions: Government Tender Analysis
Korrex Sealing Solutions Private Limited has actively participated in the Indian government procurement landscape, submitting bids for 16 government tenders. This analysis offers a detailed overview of their tender performance, focusing on key metrics, financial health, and competitive positioning.
Executive Summary
Korrex Sealing Solutions has demonstrated a 12.5% win rate in government tenders, securing 2 L1 positions out of 16 bids submitted between April 2018 and March 2025. The company's qualification rate stands at 56.2% during the same period, indicating a moderate ability to meet technical and compliance requirements. Korrex Sealing Solutions's bid on contracts with a total value of ₹1,05,33,578.0 and have a Financial Health Score of 29.8, categorized as Critical based on TenderAI scoring components. Their primary focus lies within the Ministry of Petroleum and Natural Gas and Materials Department, where they have concentrated their bidding efforts.
The company faces stiff competition in the expansion joint and sealing solutions sector, with direct competitors like FORT WILLIAM FLEXIBLES and MB METALLIC BELLOWS PRIVATE LIMITED frequently encountered in tenders. Korrex Sealing Solutions's financial health is currently assessed as 'Critical,' based on their financial performance and TenderAI’s scoring metrics.
Key performance indicators (KPIs), including win rate, qualification rate, and contract value, are analyzed over specific fiscal years (FY) to identify trends and patterns. The company's performance is further dissected by product/service category, geographical distribution (states and cities), and departmental distribution, providing a granular understanding of their strengths and weaknesses.
Keyword Strategy
This analysis incorporates relevant keywords to optimize search engine visibility for government procurement officers, industry sector specialists, and potential investors. The primary keywords include "Korrex Sealing Solutions Private Limited tenders," "Indian sealing solutions supplier," and "government contract analysis."