novelty enterprises
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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 22 bids — TOGETHER WE GROW PROJECTS appeared in 17 of them.
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NOVELTY ENTERPRISES
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
23
Contract Value
₹2.66 Cr
L1 Bids
3
Recent Win Rate
28.6%
Performance Analytics
Government Tender Analysis: Novelty Enterprises
Novelty Enterprises has submitted bids for 23 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.
Government Tender Performance Development
Novelty Enterprises has achieved 3 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 13.0% across 23 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.
Financial Performance in Government Tenders
Novelty Enterprises has bid on contracts with a total value of ₹2,65,88,027.0, successfully securing ₹2,65,88,027.0 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 ₹,43,500.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.