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micas organics limited Tender Performance & Track Recordmicas organics limited

CIN: U24231GJ1988PLC011432
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: U24231GJ1988PLC011432
Active
Public
Company limited by shares

Company Overview

Summary
MICAS ORGANICS LIMITED: Business Analysis & Government Tender Performance MICAS ORGANICS LIMITED is a key player in the manufacturing sector, specializing in metals and chemicals. This comprehensive business analysis examines their performance in government tenders, competitive landscape, and strategic opportunities for future growth. With a 33.3% win rate and ₹7,31,54,854.0 in secured government contract value, Micas Organics has demonstrated significant potential in the public sector.
Primary Ministry: Ministry of FinancePrimary Department: Department of Economic Affairs
Founded: 1988State: GUJARAT
Primary Ministry:
Ministry of Finance
Primary Department:
Department of Economic Affairs
Founded:1988
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids12
Value₹6.50Cr

Qualified Bids / Q Rate

Bids10
Q Rate83.3%

Total Wins / Win Value

Win3
Value₹74.13L

Wins Rate / Q-W Rate

Rate25.0%
Q-W Rate30.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Finance

25.0% win rate
12
₹6.50 Cr
10
3
₹74.13 Lakh

Ministry of Finance

Bids
12
₹6.50 Cr
Qualified
10
Wins
3
₹74.13 Lakh
25.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 12 bids — THE PEEPAL LEAF appeared in 4 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

MICAS ORGANICS LIMITED

Your Company
25.0% win rate
12
₹6.50 Cr
10
83.3%
3
₹74.13 Lakh

MICAS ORGANICS LIMITED

Your Company
Total Bids
12
₹6.50 Cr
Qualified
10
83.3%
Wins
3
₹74.13 Lakh
25.0% win rate
THE PEEPAL LEAF
25.0% win rate
4
₹3.95 Cr
2
50.0%
1
₹1.42 Cr
THE PEEPAL LEAF
Total Bids
4
₹3.95 Cr
Qualified
2
50.0%
Wins
1
₹1.42 Cr
25.0% win rate
SUDARSHAN CHEMICAL INDUSTRIES LIMITED
25.0% win rate
4
₹3.95 Cr
4
100.0%
1
₹1.39 Cr
SUDARSHAN CHEMICAL INDUSTRIES LIMITED
Total Bids
4
₹3.95 Cr
Qualified
4
100.0%
Wins
1
₹1.39 Cr
25.0% win rate
KWALICHEM PRIVATE LIMITED
16.7% win rate
6
₹3.64 Cr
6
100.0%
1
₹77.79 Lakh
KWALICHEM PRIVATE LIMITED
Total Bids
6
₹3.64 Cr
Qualified
6
100.0%
Wins
1
₹77.79 Lakh
16.7% win rate
TRIMURTI DYE CHEM INDUSTRIES
50.0% win rate
2
₹1.42 Cr
2
100.0%
1
₹64.40 Lakh
TRIMURTI DYE CHEM INDUSTRIES
Total Bids
2
₹1.42 Cr
Qualified
2
100.0%
Wins
1
₹64.40 Lakh
50.0% win rate
ARROW GREENTECH LIMITED
33.3% win rate
3
₹1.91 Cr
3
100.0%
1
₹36.19 Lakh
ARROW GREENTECH LIMITED
Total Bids
3
₹1.91 Cr
Qualified
3
100.0%
Wins
1
₹36.19 Lakh
33.3% win rate
MEGHMANI ORGANICS LIMITED
100.0% win rate
2
₹29.89 Lakh
2
100.0%
2
₹29.89 Lakh
MEGHMANI ORGANICS LIMITED
Total Bids
2
₹29.89 Lakh
Qualified
2
100.0%
Wins
2
₹29.89 Lakh
100.0% win rate
APEX DYES AND INTERMEDIATES
25.0% win rate
4
₹2.67 Cr
4
100.0%
1
₹9.30 Lakh
APEX DYES AND INTERMEDIATES
Total Bids
4
₹2.67 Cr
Qualified
4
100.0%
Wins
1
₹9.30 Lakh
25.0% win rate
B R ENTERPRISES
0.0% win rate
3
₹2.13 Cr
2
66.7%
0
₹0
B R ENTERPRISES
Total Bids
3
₹2.13 Cr
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
PIDILITE INDUSTRIES LIMITED
0.0% win rate
2
₹2.81 Cr
2
100.0%
0
₹0
PIDILITE INDUSTRIES LIMITED
Total Bids
2
₹2.81 Cr
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
JUPITER DYES PRIVATE LIMITED
0.0% win rate
2
₹96.98 Lakh
1
50.0%
0
₹0
JUPITER DYES PRIVATE LIMITED
Total Bids
2
₹96.98 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU24231GJ1988PLC011432
Class
Public
Status
Active
Founded1988

Financial Details

Authorized Capital₹4.0Cr
Paid-up Capital₹3.2Cr

Registered Office

297/4 TO 10, PHASE-II, G.I.D.C.,NA-VAPI-Gujarat-396195-India

Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code24231

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

19

Qualified: 17
Q Rate: 89.5%

Contract Value

₹7.96 Cr

Avg. Bid: ₹31.35 Lakh
Avg. EMD: ₹76K

L1 Bids

6

Win Rate: 31.6%
Q to W Ratio: 35.3%

Recent Win Rate

22.2%

Change: -20.6%
Period: FY 2024-25

Performance Analytics

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

MICAS ORGANICS LIMITED: Business Analysis & Government Tender Performance

MICAS ORGANICS LIMITED is a key player in the manufacturing sector, specializing in metals and chemicals. This comprehensive business analysis examines their performance in government tenders, competitive landscape, and strategic opportunities for future growth. With a 33.3% win rate and ₹7,31,54,854.0 in secured government contract value, Micas Organics has demonstrated significant potential in the public sector.

Executive Summary

MICAS ORGANICS LIMITED displays a strong presence in government procurement, particularly within the Ministry of Finance and Department of Economic Affairs. Key performance indicators (KPIs) highlight a 33.3% win rate across 18 tender participations and a high technical qualification rate of 88.9%. Their financial growth is further evidenced by a ₹7,31,54,854.0 secured contract value, reflecting a 100.0% conversion rate. Analysis of their competitive positioning within the chemical manufacturing industry reveals strategic areas for improvement and leveraging existing strengths.

Financial Performance of MICAS ORGANICS LIMITED

MICAS ORGANICS LIMITED's financial performance in government tenders demonstrates consistent engagement and success in securing contracts. The company's financial metrics show significant activity in recent fiscal years, particularly FY 2022-23, FY 2023-24, and FY 2024-25.

Key Financial Highlights:

  • Total Contract Value: ₹73,154,854.0