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paramount spring & engineering co. Tender Performance & Track Recordparamount spring & engineering co.

Tender Performance & Track Record

Company Overview

Summary
Government Tender Analysis: Paramount Spring & Engineering Co. Paramount Spring & Engineering Co. has submitted bids for 33 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.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited

Tender Performance

Data for 01 April 2024 to 01 November 2025

Live Data

Total Bids / Contract Value

Bids25
Value₹78.55L

Qualified Bids / Q Rate

Bids21
Q Rate84.0%

Total Wins / Win Value

Win9
Value₹17.34L

Wins Rate / Q-W Rate

Rate36.0%
Q-W Rate42.9%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

41.2% win rate
17
₹60.82 Lakh
15
7
₹15.27 Lakh

Ministry of Steel

Bids
17
₹60.82 Lakh
Qualified
15
Wins
7
₹15.27 Lakh
41.2% win rate

Ministry of Heavy Industries and Public Enterprises

25.0% win rate
4
₹9.90 Lakh
3
1
₹19K

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹9.90 Lakh
Qualified
3
Wins
1
₹19K
25.0% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
2
₹5.38 Lakh
2
0
₹0

Ministry of Chemicals and Fertilizers

Bids
2
₹5.38 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹58K
0
0
₹0

Ministry of Mines

Bids
1
₹58K
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Power

100.0% win rate
1
₹1.87 Lakh
1
1
₹1.87 Lakh

Ministry of Power

Bids
1
₹1.87 Lakh
Qualified
1
Wins
1
₹1.87 Lakh
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 25 bids — SUPER INDIA SPRING MFG CO appeared in 15 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PARAMOUNT SPRING & ENGINEERING CO.

Your Company
36.0% win rate
25
₹78.55 Lakh
21
84.0%
9
₹17.34 Lakh

PARAMOUNT SPRING & ENGINEERING CO.

Your Company
Total Bids
25
₹78.55 Lakh
Qualified
21
84.0%
Wins
9
₹17.34 Lakh
36.0% win rate
SUPER INDIA SPRING MFG CO
26.7% win rate
15
₹53.19 Lakh
14
93.3%
4
₹12.53 Lakh
SUPER INDIA SPRING MFG CO
Total Bids
15
₹53.19 Lakh
Qualified
14
93.3%
Wins
4
₹12.53 Lakh
26.7% win rate
PREMIER ENGINEERING CORPORATION
12.5% win rate
16
₹49.13 Lakh
13
81.3%
2
₹9.56 Lakh
PREMIER ENGINEERING CORPORATION
Total Bids
16
₹49.13 Lakh
Qualified
13
81.3%
Wins
2
₹9.56 Lakh
12.5% win rate
MACHINERY UNION
16.7% win rate
6
₹25.10 Lakh
5
83.3%
1
₹5.99 Lakh
MACHINERY UNION
Total Bids
6
₹25.10 Lakh
Qualified
5
83.3%
Wins
1
₹5.99 Lakh
16.7% win rate
THE MINING & ENGINEERING CORPORATION
33.3% win rate
3
₹14.90 Lakh
3
100.0%
1
₹2.33 Lakh
THE MINING & ENGINEERING CORPORATION
Total Bids
3
₹14.90 Lakh
Qualified
3
100.0%
Wins
1
₹2.33 Lakh
33.3% win rate
Company 67f919df0b239e4139768911
20.0% win rate
5
₹15.02 Lakh
4
80.0%
1
₹5K
Company 67f919df0b239e4139768911
Total Bids
5
₹15.02 Lakh
Qualified
4
80.0%
Wins
1
₹5K
20.0% win rate
INTERNATIONAL INDUSTRIAL SPRINGS
0.0% win rate
6
₹11.39 Lakh
4
66.7%
0
₹0
INTERNATIONAL INDUSTRIAL SPRINGS
Total Bids
6
₹11.39 Lakh
Qualified
4
66.7%
Wins
0
₹0
0.0% win rate
MCCOY TECHNORISE COMPANY
0.0% win rate
4
₹19.38 Lakh
3
75.0%
0
₹0
MCCOY TECHNORISE COMPANY
Total Bids
4
₹19.38 Lakh
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
ACRON SPRING PRIVATE LIMITED
0.0% win rate
4
₹7.46 Lakh
3
75.0%
0
₹0
ACRON SPRING PRIVATE LIMITED
Total Bids
4
₹7.46 Lakh
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
ZIN STEEL INDUSTRIES PRIVATE LIMITED
0.0% win rate
3
₹18.38 Lakh
0
0.0%
0
₹0
ZIN STEEL INDUSTRIES PRIVATE LIMITED
Total Bids
3
₹18.38 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
SIMPLEX CASTINGS LIMITED
0.0% win rate
3
₹21.15 Lakh
2
66.7%
0
₹0
SIMPLEX CASTINGS LIMITED
Total Bids
3
₹21.15 Lakh
Qualified
2
66.7%
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

33

Qualified: 29
Q Rate: 87.9%

Contract Value

₹1.21 Cr

Avg. Bid: ₹2.61 Lakh
Avg. EMD: ₹0

L1 Bids

12

Win Rate: 36.4%
Q to W Ratio: 41.4%

Recent Win Rate

40.0%

Change: +8.8%
Period: FY 2024-25

Performance Analytics

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

Government Tender Analysis: Paramount Spring & Engineering Co.

Paramount Spring & Engineering Co. has submitted bids for 33 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.

Proven L1 Bid Success with 12 Contract Wins

Paramount Spring & Engineering Co. has successfully secured 12 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 36.4% across 33 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

Paramount Spring & Engineering Co. has bid on contracts with a total value of ₹1,21,28,757.0, successfully securing ₹1,21,28,757.0 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.

Specialized Government Procurement Focus

The company has established a regional presence in Chhattisgarh, Odisha, West Bengal government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Steel Authority Of India Limited, Department Of Heavy Industry, Hindustan Copper Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Durgapur Steel Plant, Ntpc Limited, Rourkela Steel Plant, showing familiarity with diverse organizational procurement requirements.