vikas instruments Tender Performance & Track Recordvikas instruments

Vikas Instruments Government Tender Profile

With a substantial portfolio of 1541 government tender participations, Vikas Instruments 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.

Proven L1 Bid Success with 273 Contract Wins

Vikas Instruments has successfully secured 273 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 17.7% across 1541 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Vikas Instruments has bid on contracts with a total value of ₹,25,32,04,628.0, successfully securing ₹,25,32,04,628.0 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 Punjab, Tamil Nadu, Telangana government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Indian Railways, Department Of Atomic Energy, where they have demonstrated specific procurement expertise. They have experience bidding with Eastern Railway, Northern Railway, Rourkela Steel Plant, showing familiarity with diverse organizational procurement requirements.