multimelt steels private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 14 September 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 9 bids — SHRI BALAJI INDUSTRIAL PRODUCTS LIMITED appeared in 4 of them.
MULTIMELT STEELS PRIVATE LIMITED
MULTIMELT STEELS PRIVATE LIMITED
Financial Details
Registered Office
BATHINDA ROADRAMPURA PHULNA-PUNJAB-Punjab-151103-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
22
Contract Value
₹4.86 Cr
L1 Bids
9
Recent Win Rate
60.0%
Performance Analytics
Government Tender Analysis: Multimelt Steels Private Limited
Multimelt Steels Private Limited is making significant strides in the Indian government procurement landscape. With a focus on steel manufacturing, the company has actively participated in 22 government tenders, showcasing expertise and strategic bidding practices. This analysis provides a comprehensive overview of Multimelt Steels' tender performance, financial health, and competitive positioning, offering actionable insights for government procurement officers, industry stakeholders, and potential partners.
Executive Summary
Between April 2018 and March 2025, Multimelt Steels demonstrated a robust tender win rate of 40.9%, securing 9 L1 positions out of 22 bids. Their technical qualification rate stands at 81.8%, highlighting strong compliance and understanding of government tender specifications. During the same period, the company bid on contracts totaling ₹4,85,79,875, successfully converting the entire amount to won contracts. A TenderAI financial health assessment assigns Multimelt Steels a score of 59.1, indicating satisfactory overall performance. The company exhibits market strength in Punjab government tenders, particularly within the Department of Fertilizers and Hindustan Copper Limited.
Multimelt Steels competes primarily with SATGURU CASTING COMPANY, SHRI BALAJI INDUSTRIAL PRODUCTS LIMITED, and AMBA TECHNO TOOLS, requiring strategic approaches to enhance their competitive edge. This report dives into these dynamics, providing data-driven insights for informed decision-making.
Financial Performance Analysis
Multimelt Steels' financial performance in government tenders showcases consistent participation and strategic wins. Analyzing yearly trends, quarterly patterns, and bid distributions provides a granular understanding of their financial health and performance drivers.