CELESTE ONLINE SOLUTIONS PRIVATE LIMITED
Company Overview
Total Bids
1
Contract Value
₹18.00 Lakh
L1 Bids
0
Historical Bids (Since 2018)
4
Participated Tenders
Custom Bid for Services - Post Examination processing work of ICAR CUET AIEEA and AICE and online C
Celeste Online Solutions Private Limited is establishing its presence in the Indian government tender ecosystem, participating in 4 tenders between FY2022-23 and FY2024-25. This detailed analysis examines their tender performance, focusing on key metrics like win rate, technical qualification, and strategic focus. This report provides valuable insights into Celeste Online Solutions' government procurement strategy and competitive positioning in the Indian public sector.
Executive Summary
Celeste Online Solutions has shown potential in the government tender space with a 25.0% win rate achieved from April 2022 to March 2025. Their technical qualification rate stands at an impressive 100.0% during the same period, indicating a strong understanding of tender requirements. The company's financial health score is currently at 34.6, categorized as 'Critical' according to TenderAI scoring, with challenges in contract value and growth components. Their market positioning is competitive, primarily engaging with the Ministry of Agriculture and Farmers Welfare, specifically the Department of Agricultural Research and Education (DARE), and Ministry of Petroleum and Natural Gas through Indian Oil Corporation Limited. While they are a growing Indian IT services provider, stiff competition require strategic changes.
Financial Performance Analysis
Celeste Online Solutions' financial performance in government tenders has shown variability over recent fiscal years. Here's a breakdown:
| Fiscal Year | Bids | Wins | Win Rate | Total Contract Value |
|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | ₹0 |
| FY 2019-20 | 0 | 0 | 0.0% | ₹0 |
| FY 2020-21 | 0 | 0 | 0.0% | ₹0 |
| FY 2021-22 | 0 | 0 | 0.0% | ₹0 |
| FY 2022-23 | 2 | 1 | 50.0% | ₹10,72,400 |
| FY 2023-24 | 1 | 0 | 0.0% | ₹38,90,000 |
| FY 2024-25 | 1 | 0 | 0.0% | ₹17,99,500 |
Bid Distribution: From April 2023 to March 2024, bid distribution across price ranges is as follows:
- ₹0-₹20,00,000: 2 bids
- ₹20,00,000-₹80,00,000: 1 bid
- Greater than ₹80,00,000: 1 bid
Product/Service Category Performance
Detailed breakdown by product/service category is not available from the provided data. Further categorization of tenders by offering type would provide valuable insights into Celeste Online Solutions' strengths and areas for improvement.
Geographical & Departmental Distribution
Celeste Online Solutions primarily focuses on tenders from the Department of Agricultural Research and Education (DARE) and INDIAN OIL CORPORATION LIMITED. While specific geographical distribution data is limited, these departments suggest a focus on national-level projects. Their top ministries include the Ministry of Agriculture and Farmers Welfare and the Ministry of Petroleum and Natural Gas.
Competitive Analysis
Based on data from January 2022 to December 2023, Celeste Online Solutions faces competition from firms like LEARNING SPIRAL PVT. LTD. in the Ministry of Agriculture. LEARNING SPIRAL PVT. LTD. has a 100% win rate against Celeste Online Solutions in encountered tenders. Other key competitors include VERMA ENTERPRISES, R D INSTITUTE OF SYSTEMATIC LEARNING, and CYBERICA NET TECHNOLOGIES PRIVATE LIMITED, though Celeste Online Solutions has not secured wins against them. The data indicates a challenging competitive landscape requiring strategic adjustments.
| Competitor | Encounters | Win Rate Against Celeste Online |
|---|---|---|
| LEARNING SPIRAL PVT. LTD. | 2 | 100.0% |
| VERMA ENTERPRISES | 1 | 0.0% |
| R D INSTITUTE OF SYSTEMATIC LEARNING | 1 | 0.0% |
| CYBERICA NET TECHNOLOGIES PRIVATE LIMITED | 1 | 0.0% |
| ND INFO SYSTEMS PRIVATE LIMITED | 1 | 0.0% |
- Strengths: Strong technical qualification rate (100%) indicating compliance expertise.
- Weaknesses: Low overall win rate (25.0%), financial health challenges (score: 34.6).
- Opportunities: Increase participation in underserved bid ranges, capitalize on Q4 performance.
- Threats: High competition from established players, potential pricing pressure.
Strategic Recommendations
- Improve Bid Selection: Focus on tenders with higher win probability based on historical data.
- Enhance Bid Quality: Invest in detailed bid preparation and review processes.
- Targeted Ministry Focus: Strengthen relationships with key ministries and departments.
- Competitive Pricing Strategy: Refine pricing to balance competitiveness and profitability.
- Strategic Partnerships: Explore collaboration opportunities to enhance capabilities.
Future Growth Outlook
Based on current trends and the dynamics of the Indian government procurement sector, Celeste Online Solutions has the potential for growth. Improving win rates, diversifying product/service offerings, and strategically targeting key ministries will be critical for achieving sustainable success. The sector shows big opportunity for Indian IT services provider if they can overcome government contract bidding process efficiently.