spiraseal gaskets private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 31 October 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 41 bids — IGP ENGINEERS PRIVATE LIMITED appeared in 33 of them.
SPIRASEAL GASKETS PRIVATE LIMITED
SPIRASEAL GASKETS PRIVATE LIMITED
Financial Details
Registered Office
35-B, PERUNGUDI INDUSTRIAL ESTATE PERUNGUDINA-CHENNAI-Tamil Nadu-600096-India
Industry Classification
Manufacturing (Others)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
70
Contract Value
₹1.91 Cr
L1 Bids
5
Recent Win Rate
4.8%
Performance Analytics
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