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spiraseal gaskets private limited Tender Performance & Track Recordspiraseal gaskets private limited

CIN: U36999TN1991PTC021734
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U36999TN1991PTC021734
Active
Private
Company limited by shares

Company Overview

Summary
SPIRASEAL GASKETS PRIVATE LIMITED: Business Analysis & Government Tender Performance SPIRASEAL GASKETS PRIVATE LIMITED shows a proactive involvement in the Indian public procurement sector, marked by 69 government tender participations. Despite facing competitive challenges, the company showcases promising capabilities in specific areas, warranting a detailed business analysis. This report provides a comprehensive overview of their financial performance, competitive positioning, and strategic recommendations for improved growth.
Primary Ministry: Ministry of Chemicals and FertilizersPrimary Department: Department of Fertilizers
Founded: 1991State: TAMIL NADU
Primary Ministry:
Ministry of Chemicals and Fertilizers
Primary Department:
Department of Fertilizers
Founded:1991
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids36
Value₹69.77L

Qualified Bids / Q Rate

Bids26
Q Rate72.2%

Total Wins / Win Value

Win2
Value₹1.18L

Wins Rate / Q-W Rate

Rate5.6%
Q-W Rate7.7%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Chemicals and Fertilizers

6.7% win rate
15
₹19.47 Lakh
6
1
₹77K

Ministry of Chemicals and Fertilizers

Bids
15
₹19.47 Lakh
Qualified
6
Wins
1
₹77K
6.7% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
11
₹29.78 Lakh
10
0
₹0

Ministry of Petroleum and Natural Gas

Bids
11
₹29.78 Lakh
Qualified
10
Wins
0
₹0
0.0% win rate

PMO

0.0% win rate
5
₹16.15 Lakh
5
0
₹0

PMO

Bids
5
₹16.15 Lakh
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

25.0% win rate
4
₹3.10 Lakh
4
1
₹41K

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹3.10 Lakh
Qualified
4
Wins
1
₹41K
25.0% win rate

Ministry of Power

0.0% win rate
1
₹1.27 Lakh
1
0
₹0

Ministry of Power

Bids
1
₹1.27 Lakh
Qualified
1
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 36 bids — IGP ENGINEERS PRIVATE LIMITED appeared in 29 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

SPIRASEAL GASKETS PRIVATE LIMITED

Your Company
5.6% win rate
36
₹69.77 Lakh
26
72.2%
2
₹1.18 Lakh

SPIRASEAL GASKETS PRIVATE LIMITED

Your Company
Total Bids
36
₹69.77 Lakh
Qualified
26
72.2%
Wins
2
₹1.18 Lakh
5.6% win rate
IGP ENGINEERS PRIVATE LIMITED
20.7% win rate
29
₹63.77 Lakh
22
75.9%
6
₹26.55 Lakh
IGP ENGINEERS PRIVATE LIMITED
Total Bids
29
₹63.77 Lakh
Qualified
22
75.9%
Wins
6
₹26.55 Lakh
20.7% win rate
NORTON GASKETS PRIVATE LIMITED
46.7% win rate
15
₹34.36 Lakh
13
86.7%
7
₹13.53 Lakh
NORTON GASKETS PRIVATE LIMITED
Total Bids
15
₹34.36 Lakh
Qualified
13
86.7%
Wins
7
₹13.53 Lakh
46.7% win rate
DYNAMIC GASKETS PRIVATE LIMITED
11.1% win rate
27
₹49.42 Lakh
11
40.7%
3
₹9.80 Lakh
DYNAMIC GASKETS PRIVATE LIMITED
Total Bids
27
₹49.42 Lakh
Qualified
11
40.7%
Wins
3
₹9.80 Lakh
11.1% win rate
DAVE ENGINEERS PRIVATE LIMITED
30.4% win rate
23
₹31.24 Lakh
19
82.6%
7
₹6.78 Lakh
DAVE ENGINEERS PRIVATE LIMITED
Total Bids
23
₹31.24 Lakh
Qualified
19
82.6%
Wins
7
₹6.78 Lakh
30.4% win rate
ASIAN SEALING PRODUCTS PRIVATE LIMITED
15.0% win rate
20
₹35.60 Lakh
15
75.0%
3
₹5.41 Lakh
ASIAN SEALING PRODUCTS PRIVATE LIMITED
Total Bids
20
₹35.60 Lakh
Qualified
15
75.0%
Wins
3
₹5.41 Lakh
15.0% win rate
JYOTHI INDUSTRIES
5.9% win rate
17
₹27.81 Lakh
7
41.2%
1
₹2.35 Lakh
JYOTHI INDUSTRIES
Total Bids
17
₹27.81 Lakh
Qualified
7
41.2%
Wins
1
₹2.35 Lakh
5.9% win rate
NEW EMPIRE GASKETS
8.3% win rate
12
₹16.04 Lakh
6
50.0%
1
₹1.40 Lakh
NEW EMPIRE GASKETS
Total Bids
12
₹16.04 Lakh
Qualified
6
50.0%
Wins
1
₹1.40 Lakh
8.3% win rate
CHAMPION JOINTINGS PRIVATE LIMITED
0.0% win rate
22
₹39.57 Lakh
11
50.0%
0
₹0
CHAMPION JOINTINGS PRIVATE LIMITED
Total Bids
22
₹39.57 Lakh
Qualified
11
50.0%
Wins
0
₹0
0.0% win rate
STARFLEX SEALING INDIA PRIVATE LIMITED
0.0% win rate
18
₹32.06 Lakh
8
44.4%
0
₹0
STARFLEX SEALING INDIA PRIVATE LIMITED
Total Bids
18
₹32.06 Lakh
Qualified
8
44.4%
Wins
0
₹0
0.0% win rate
SOUTHERN GASKET PRODUCTS
0.0% win rate
16
₹23.55 Lakh
11
68.8%
0
₹0
SOUTHERN GASKET PRODUCTS
Total Bids
16
₹23.55 Lakh
Qualified
11
68.8%
Wins
0
₹0
0.0% win rate
Company Profile
CINU36999TN1991PTC021734
Class
Private
Status
Active
Founded1991

Financial Details

Authorized Capital₹10.0L
Paid-up Capital₹6.9L

Registered Office

35-B, PERUNGUDI INDUSTRIAL ESTATE PERUNGUDINA-CHENNAI-Tamil Nadu-600096-India

Industry Classification

Manufacturing (Others)

NIC Code36999

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Chennai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

70

Qualified: 50
Q Rate: 71.4%

Contract Value

₹1.91 Cr

Avg. Bid: ₹1.34 Lakh
Avg. EMD: ₹67K

L1 Bids

5

Win Rate: 7.1%
Q to W Ratio: 10.0%

Recent Win Rate

4.8%

Change: -3.6%
Period: FY 2024-25

Performance Analytics

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

SPIRASEAL GASKETS PRIVATE LIMITED: Business Analysis & Government Tender Performance

SPIRASEAL GASKETS PRIVATE LIMITED shows a proactive involvement in the Indian public procurement sector, marked by 69 government tender participations. Despite facing competitive challenges, the company showcases promising capabilities in specific areas, warranting a detailed business analysis. This report provides a comprehensive overview of their financial performance, competitive positioning, and strategic recommendations for improved growth.

Executive Summary

SPIRASEAL GASKETS PRIVATE LIMITED has actively participated in 69 government tenders, achieving a 7.2% win rate. The company has secured 5 L1 positions as the lowest bidder, demonstrating potential in competitive pricing. However, recent financial analysis indicates a Critical financial health status, scoring 20.3/100, necessitating strategic adjustments to enhance overall performance. Key areas for improvement include bid efficiency and value differentiation. Their expertise lies in the manufacturing sector, specifically focusing on gaskets, with a regional presence in Telangana.

Financial Performance

Government Tender Performance Development

Spiraseal Gaskets has achieved 5 L1 positions, demonstrating their ability to compete on price. However, their lack of L2 and L3 rankings suggests room for improvement in optimizing their bidding strategies beyond just price. Spiraseal Gaskets shows a tender success rate of 7.2% across 69 bids, they are actively building their government procurement capabilities.

  • Total Bids: 69