srichakra pipes Tender Performance & Track Recordsrichakra pipes

Srichakra Pipes Government Tender Profile

With a substantial portfolio of 90 government tender participations, Srichakra Pipes has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Superior Tender Success Rate of 45.6%

Srichakra Pipes demonstrates exceptional government tender performance with an impressive win ratio of 45.6%. Out of 90 tenders, they have secured 41 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Srichakra Pipes has bid on contracts with a total value of ₹1,72,70,874.0, successfully securing ₹1,72,70,874.0 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 Tamil Nadu, Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Indian Railways, Department Of Atomic Energy, Department Of Agricultural Research And Education (Dare), where they have demonstrated specific procurement expertise. They have experience bidding with Southern Railway, South Western Railway, Rail Wheel Factory Yelahanka, showing familiarity with diverse organizational procurement requirements.