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vikas castings Tender Performance & Track Recordvikas castings

Tender Performance & Track Record

Company Overview

Summary
Vikas Castings: Government Tender Performance Analysis Vikas Castings has begun establishing presence in India's government tender ecosystem with participation in 6 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids4
Value₹9.32Cr

Qualified Bids / Q Rate

Bids4
Q Rate100.0%

Total Wins / Win Value

Win2
Value₹1.36Cr

Wins Rate / Q-W Rate

Rate50.0%
Q-W Rate50.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

50.0% win rate
4
₹9.32 Cr
4
2
₹1.36 Cr

Ministry of Steel

Bids
4
₹9.32 Cr
Qualified
4
Wins
2
₹1.36 Cr
50.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 4 bids — BHARAT ENGINEERING WORKS appeared in 2 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

VIKAS CASTINGS

Your Company
50.0% win rate
4
₹9.32 Cr
4
100.0%
2
₹1.36 Cr

VIKAS CASTINGS

Your Company
Total Bids
4
₹9.32 Cr
Qualified
4
100.0%
Wins
2
₹1.36 Cr
50.0% win rate
BHARAT ENGINEERING WORKS
50.0% win rate
2
₹8.49 Cr
2
100.0%
1
₹7.66 Cr
BHARAT ENGINEERING WORKS
Total Bids
2
₹8.49 Cr
Qualified
2
100.0%
Wins
1
₹7.66 Cr
50.0% win rate
JSIS IRON & STEEL INDIA PVT LTD
33.3% win rate
3
₹8.49 Cr
3
100.0%
1
₹29.96 Lakh
JSIS IRON & STEEL INDIA PVT LTD
Total Bids
3
₹8.49 Cr
Qualified
3
100.0%
Wins
1
₹29.96 Lakh
33.3% win rate
ADIT ISPAAT
0.0% win rate
4
₹9.32 Cr
4
100.0%
0
₹0
ADIT ISPAAT
Total Bids
4
₹9.32 Cr
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
SIMPLEX CASTINGS LIMITED
0.0% win rate
3
₹1.66 Cr
3
100.0%
0
₹0
SIMPLEX CASTINGS LIMITED
Total Bids
3
₹1.66 Cr
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
NECO HEAVY ENGINEERING AND CASTINGS LIMITED
0.0% win rate
3
₹8.49 Cr
3
100.0%
0
₹0
NECO HEAVY ENGINEERING AND CASTINGS LIMITED
Total Bids
3
₹8.49 Cr
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
J R CASTING
0.0% win rate
2
₹82.56 Lakh
2
100.0%
0
₹0
J R CASTING
Total Bids
2
₹82.56 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
J S STEEL PRIVATE LIMITED
0.0% win rate
1
₹83.47 Lakh
1
100.0%
0
₹0
J S STEEL PRIVATE LIMITED
Total Bids
1
₹83.47 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
JAYASWAL NECO INDUSTRIES LIMITED
0.0% win rate
1
₹7.66 Cr
1
100.0%
0
₹0
JAYASWAL NECO INDUSTRIES LIMITED
Total Bids
1
₹7.66 Cr
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
HMB ISPAT PRIVATE LIMITED
0.0% win rate
1
₹7.66 Cr
1
100.0%
0
₹0
HMB ISPAT PRIVATE LIMITED
Total Bids
1
₹7.66 Cr
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
S.S. ISPAT
0.0% win rate
1
₹7.66 Cr
1
100.0%
0
₹0
S.S. ISPAT
Total Bids
1
₹7.66 Cr
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

6

Qualified: 6
Q Rate: 100.0%

Contract Value

₹19.02 Cr

Avg. Bid: ₹64.00 Lakh
Avg. EMD: ₹0

L1 Bids

1

Win Rate: 16.7%
Q to W Ratio: 16.7%

Recent Win Rate

0.0%

Change: -20.0%
Period: FY 2024-25

Performance Analytics

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

Vikas Castings: Government Tender Performance Analysis

Vikas Castings has begun establishing presence in India's government tender ecosystem with participation in 6 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Government Tender Performance Development

Vikas Castings has achieved 1 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 16.7% across 6 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Vikas Castings has bid on contracts with a total value of ₹,19,02,31,224.0, successfully securing ₹,19,02,31,224.0 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

Their tender history includes significant engagement with Steel Authority Of India Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Alloy Steel Plant, showing familiarity with diverse organizational procurement requirements.