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rapicut carbides limited Tender Performance & Track Recordrapicut carbides limited

CIN: L28910GJ1977PLC002998
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: L28910GJ1977PLC002998
Active
Public
Company limited by shares

Company Overview

Summary
Government Tender Analysis: Rapicut Carbides Limited Rapicut Carbides Limited, an active participant in the Indian government procurement landscape, has submitted bids for 19 government tenders. This tender analysis reveals critical insights into their qualification rates, competitive positioning, and specialized expertise within specific categories. The company’s performance underscores its effectiveness in navigating the complexities of the Indian government tender process.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 1977State: GUJARAT
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:1977
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids7
Value₹2.39Cr

Qualified Bids / Q Rate

Bids6
Q Rate85.7%

Total Wins / Win Value

Win4
Value₹98.05L

Wins Rate / Q-W Rate

Rate57.1%
Q-W Rate66.7%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

100.0% win rate
3
₹52.56 Lakh
2
3
₹52.56 Lakh

Ministry of Defence

Bids
3
₹52.56 Lakh
Qualified
2
Wins
3
₹52.56 Lakh
100.0% win rate

Ministry of Heavy Industries and Public Enterprises

50.0% win rate
2
₹1.64 Cr
2
1
₹45.48 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹1.64 Cr
Qualified
2
Wins
1
₹45.48 Lakh
50.0% win rate

Ministry of Mines

0.0% win rate
2
₹22.71 Lakh
2
0
₹0

Ministry of Mines

Bids
2
₹22.71 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 7 bids — M/S ADITYA DIES AND TOOLS appeared in 2 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

RAPICUT CARBIDES LIMITED

Your Company
57.1% win rate
7
₹2.39 Cr
6
85.7%
4
₹98.05 Lakh

RAPICUT CARBIDES LIMITED

Your Company
Total Bids
7
₹2.39 Cr
Qualified
6
85.7%
Wins
4
₹98.05 Lakh
57.1% win rate
M/S ADITYA DIES AND TOOLS
50.0% win rate
2
₹1.64 Cr
2
100.0%
1
₹1.19 Cr
M/S ADITYA DIES AND TOOLS
Total Bids
2
₹1.64 Cr
Qualified
2
100.0%
Wins
1
₹1.19 Cr
50.0% win rate
M/S TEROSYSTEMS
100.0% win rate
2
₹22.71 Lakh
2
100.0%
2
₹22.71 Lakh
M/S TEROSYSTEMS
Total Bids
2
₹22.71 Lakh
Qualified
2
100.0%
Wins
2
₹22.71 Lakh
100.0% win rate
ELECTRONICA TUNGSTEN LIMITED
0.0% win rate
2
₹1.64 Cr
2
100.0%
0
₹0
ELECTRONICA TUNGSTEN LIMITED
Total Bids
2
₹1.64 Cr
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
TOOLS (INDIA) DISTRIBUTORS
0.0% win rate
1
₹1.19 Cr
0
0.0%
0
₹0
TOOLS (INDIA) DISTRIBUTORS
Total Bids
1
₹1.19 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
RAJ ENTERPRISES
0.0% win rate
1
₹44.74 Lakh
0
0.0%
0
₹0
RAJ ENTERPRISES
Total Bids
1
₹44.74 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
M/S MICRO ENGINEERS
0.0% win rate
1
₹1.19 Cr
0
0.0%
0
₹0
M/S MICRO ENGINEERS
Total Bids
1
₹1.19 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
UNIVERSAL ENGINEERS
0.0% win rate
1
₹1.19 Cr
0
0.0%
0
₹0
UNIVERSAL ENGINEERS
Total Bids
1
₹1.19 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
INDFAB
0.0% win rate
1
₹12.38 Lakh
1
100.0%
0
₹0
INDFAB
Total Bids
1
₹12.38 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
ARPI ENTERPRISES (INDIA) PRIVATE LIMITED
0.0% win rate
1
₹5.75 Lakh
1
100.0%
0
₹0
ARPI ENTERPRISES (INDIA) PRIVATE LIMITED
Total Bids
1
₹5.75 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
SLS ENGINEERS
0.0% win rate
1
₹5.75 Lakh
1
100.0%
0
₹0
SLS ENGINEERS
Total Bids
1
₹5.75 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL28910GJ1977PLC002998
Class
Public
Status
Active
Founded1977

Financial Details

Authorized Capital₹8.0Cr
Paid-up Capital₹5.4Cr

Registered Office

119, GIDC INDUSTRIAL AREA,NA-ANKLESHWAR-Gujarat-393002-India


Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code28910

Company Type

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

Market Information

Listing Status
Listed
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: 15
Q Rate: 78.9%

Contract Value

₹62.08 Cr

Avg. Bid: ₹5.05 Cr
Avg. EMD: ₹0

L1 Bids

9

Win Rate: 47.4%
Q to W Ratio: 60.0%

Recent Win Rate

50.0%

Change: +25.0%
Period: FY 2024-25

Performance Analytics

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

Government Tender Analysis: Rapicut Carbides Limited

Rapicut Carbides Limited, an active participant in the Indian government procurement landscape, has submitted bids for 19 government tenders. This tender analysis reveals critical insights into their qualification rates, competitive positioning, and specialized expertise within specific categories. The company’s performance underscores its effectiveness in navigating the complexities of the Indian government tender process.

Key Performance Metrics (April 2021 - March 2025):

  • Win Rate: 47.4% – Demonstrates a strong ability to secure contracts.
  • Qualification Rate: 78.9% – Highlights their compliance with technical requirements.
  • Contract Value Growth: Significant growth in contract value secured between FY2021-22 and FY2022-23, followed by a decline, indicating fluctuating market dynamics.

Financial Health Assessment:

TenderAI’s financial health score for Rapicut Carbides Limited is 67.8, categorized as 'Good'. This assessment considers several components, including win rate, contract value, bid efficiency, growth, and consistency. While the win rate and contract value components score highly, the growth and consistency components require attention.

Market Positioning: