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ring forgings private limited Tender Performance & Track Recordring forgings private limited

CIN: U27320KA2004PTC034875
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U27320KA2004PTC034875
Active
Private
Company limited by shares

Company Overview

Summary
Ring Forgings Private Limited: Comprehensive Business Analysis This detailed business analysis report examines the performance of Ring Forgings Private Limited within the context of the Indian manufacturing sector, focusing on their participation in government tenders. The analysis covers financial performance, competitive positioning, and strategic recommendations to drive sustainable business growth. Ring Forgings demonstrates a strong presence in the government tender landscape, with significant engagement in the public procurement sector. This comprehensive report provides insights into their performance, patterns, and competitive strategies within the forgings industry.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 2004State: KARNATAKA
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:2004
State:KARNATAKA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids82
Value₹6.84Cr

Qualified Bids / Q Rate

Bids62
Q Rate75.6%

Total Wins / Win Value

Win17
Value₹1.17Cr

Wins Rate / Q-W Rate

Rate20.7%
Q-W Rate27.4%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

19.6% win rate
46
₹2.95 Cr
30
9
₹15.49 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
46
₹2.95 Cr
Qualified
30
Wins
9
₹15.49 Lakh
19.6% win rate

Ministry of Defence

22.2% win rate
36
₹3.90 Cr
32
8
₹1.02 Cr

Ministry of Defence

Bids
36
₹3.90 Cr
Qualified
32
Wins
8
₹1.02 Cr
22.2% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 82 bids — M E FORGE TECH appeared in 10 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

RING FORGINGS PRIVATE LIMITED

Your Company
20.7% win rate
82
₹6.84 Cr
62
75.6%
17
₹1.17 Cr

RING FORGINGS PRIVATE LIMITED

Your Company
Total Bids
82
₹6.84 Cr
Qualified
62
75.6%
Wins
17
₹1.17 Cr
20.7% win rate
M E FORGE TECH
20.0% win rate
10
₹1.51 Cr
10
100.0%
2
₹92.34 Lakh
M E FORGE TECH
Total Bids
10
₹1.51 Cr
Qualified
10
100.0%
Wins
2
₹92.34 Lakh
20.0% win rate
ALKA FORGINGS
35.7% win rate
14
₹1.41 Cr
11
78.6%
5
₹46.69 Lakh
ALKA FORGINGS
Total Bids
14
₹1.41 Cr
Qualified
11
78.6%
Wins
5
₹46.69 Lakh
35.7% win rate
VINIR ENGINEERING PRIVATE LIMITED
38.9% win rate
18
₹82.09 Lakh
17
94.4%
7
₹31.34 Lakh
VINIR ENGINEERING PRIVATE LIMITED
Total Bids
18
₹82.09 Lakh
Qualified
17
94.4%
Wins
7
₹31.34 Lakh
38.9% win rate
VISHNU FORGE INDUSTRIES LIMITED
40.9% win rate
22
₹78.55 Lakh
22
100.0%
9
₹22.01 Lakh
VISHNU FORGE INDUSTRIES LIMITED
Total Bids
22
₹78.55 Lakh
Qualified
22
100.0%
Wins
9
₹22.01 Lakh
40.9% win rate
KISAAN STEELS PRIVATE LIMITED
19.1% win rate
21
₹1.44 Cr
14
66.7%
4
₹18.43 Lakh
KISAAN STEELS PRIVATE LIMITED
Total Bids
21
₹1.44 Cr
Qualified
14
66.7%
Wins
4
₹18.43 Lakh
19.1% win rate
METAL FORGINGS PVT.LTD.
7.7% win rate
13
₹48.58 Lakh
12
92.3%
1
₹12.06 Lakh
METAL FORGINGS PVT.LTD.
Total Bids
13
₹48.58 Lakh
Qualified
12
92.3%
Wins
1
₹12.06 Lakh
7.7% win rate
EXCEL FORGE TECH
18.8% win rate
16
₹1.15 Cr
8
50.0%
3
₹10.72 Lakh
EXCEL FORGE TECH
Total Bids
16
₹1.15 Cr
Qualified
8
50.0%
Wins
3
₹10.72 Lakh
18.8% win rate
GHAZIABAD FORGINGS PRIVATE LIMITED
27.8% win rate
18
₹81.51 Lakh
11
61.1%
5
₹5.43 Lakh
GHAZIABAD FORGINGS PRIVATE LIMITED
Total Bids
18
₹81.51 Lakh
Qualified
11
61.1%
Wins
5
₹5.43 Lakh
27.8% win rate
BRITEX ENGINEERING WORKS
15.4% win rate
13
₹34.36 Lakh
13
100.0%
2
₹3.72 Lakh
BRITEX ENGINEERING WORKS
Total Bids
13
₹34.36 Lakh
Qualified
13
100.0%
Wins
2
₹3.72 Lakh
15.4% win rate
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED
0.0% win rate
15
₹44.65 Lakh
14
93.3%
0
₹0
HI-TECH FORGINGS (BANGALORE) PRIVATE LIMITED
Total Bids
15
₹44.65 Lakh
Qualified
14
93.3%
Wins
0
₹0
0.0% win rate
Company Profile
CINU27320KA2004PTC034875
Class
Private
Status
Active
Founded2004

Financial Details

Authorized Capital₹1.0Cr
Paid-up Capital₹49.5L

Registered Office

A-283/284, 6TH MAIN, 2ND STAGE, PEENYA INDUSTRIAL ESTATE,NA-BANGALORE-Karnataka-560058-India


Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code27320

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Bangalore
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

205

Qualified: 149
Q Rate: 72.7%

Contract Value

₹29.44 Cr

Avg. Bid: ₹16.67 Lakh
Avg. EMD: ₹0

L1 Bids

54

Win Rate: 26.3%
Q to W Ratio: 36.2%

Recent Win Rate

19.6%

Change: -9.7%
Period: FY 2024-25

Performance Analytics

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

Ring Forgings Private Limited: Comprehensive Business Analysis

This detailed business analysis report examines the performance of Ring Forgings Private Limited within the context of the Indian manufacturing sector, focusing on their participation in government tenders. The analysis covers financial performance, competitive positioning, and strategic recommendations to drive sustainable business growth. Ring Forgings demonstrates a strong presence in the government tender landscape, with significant engagement in the public procurement sector. This comprehensive report provides insights into their performance, patterns, and competitive strategies within the forgings industry.

Executive Summary

Ring Forgings Private Limited has demonstrated a commendable track record in securing government contracts. The company has a 26.5% win rate across 204 tender participations, indicating a strategic approach to public procurement. They have secured 54 L1 positions, showcasing competitive bid strategies. Although the latest financial period shows a 68.5% decline compared to the previous period, the overall financial health is rated as 'Satisfactory' with a score of 51.4/100. This report identifies key areas for improvement and provides strategic recommendations to enhance Ring Forgings' competitive edge.

Financial Performance Analysis

This section delves into the financial performance of Ring Forgings Private Limited, analyzing key metrics and trends observed in their government tender participations.

Key Financial Metrics

  • Total Contract Value: Ring Forgings has secured contracts worth ₹293,617,408.0 from 204 bids.