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cygnet meditech private limited Tender Performance & Track Record

CIN: U33301GJ2016PTC094627
Active
Private
Company limited by shares

cygnet meditech private limited

Tender Performance & Track Record

CIN: U33301GJ2016PTC094627
Active
Private
Company limited by shares

Company Overview

Summary
CYGNET MEDITECH PRIVATE LIMITED: Business Analysis Report This comprehensive business analysis report assesses the performance of CYGNET MEDITECH PRIVATE LIMITED in the context of government tenders, focusing on financial performance, competitive positioning, and strategic opportunities. With a strong track record in government procurement, CYGNET MEDITECH has demonstrated its capacity to secure contracts within India's public sector. This report identifies key strengths, weaknesses, opportunities, and threats to formulate actionable strategic recommendations.
Primary Ministry: Ministry of Labour and EmploymentPrimary Department: Employees State Insuarnce Corporation
Founded: 2016State: GUJARAT
Primary Ministry:
Ministry of Labour and Employment
Primary Department:
Employees State Insuarnce Corporation
Founded:2016
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids156
Value₹1.58Cr

Qualified Bids / Q Rate

Bids103
Q Rate66.0%

Total Wins / Win Value

Win26
Value₹30.51L

Wins Rate / Q-W Rate

Rate16.7%
Q-W Rate25.2%

Detailed Performance Analysis

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Tender Performance by Ministries

9 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Labour and Employment

8.7% win rate
69
₹26.72 Lakh
50
6
₹3.76 Lakh

Ministry of Labour and Employment

Bids
69
₹26.72 Lakh
Qualified
50
Wins
6
₹3.76 Lakh
8.7% win rate

Ministry of Railways

12.0% win rate
25
₹5.53 Lakh
7
3
₹58K

Ministry of Railways

Bids
25
₹5.53 Lakh
Qualified
7
Wins
3
₹58K
12.0% win rate

Ministry of Health and Family Welfare

70.0% win rate
10
₹24.27 Lakh
8
7
₹14.12 Lakh

Ministry of Health and Family Welfare

Bids
10
₹24.27 Lakh
Qualified
8
Wins
7
₹14.12 Lakh
70.0% win rate

Ministry of Defence

42.9% win rate
7
₹3.86 Lakh
4
3
₹69K

Ministry of Defence

Bids
7
₹3.86 Lakh
Qualified
4
Wins
3
₹69K
42.9% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
7
₹44K
7
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
7
₹44K
Qualified
7
Wins
0
₹0
0.0% win rate

PMO

60.0% win rate
5
₹3.83 Lakh
4
3
₹77K

PMO

Bids
5
₹3.83 Lakh
Qualified
4
Wins
3
₹77K
60.0% win rate

Ministry of Science and Technology

25.0% win rate
4
₹4.97 Lakh
1
1
₹38K

Ministry of Science and Technology

Bids
4
₹4.97 Lakh
Qualified
1
Wins
1
₹38K
25.0% win rate

Ministry of Coal

0.0% win rate
1
₹1.52 Lakh
1
0
₹0

Ministry of Coal

Bids
1
₹1.52 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Social Justice and Empowerment

0.0% win rate
1
₹20.00 Lakh
0
0
₹0

Ministry of Social Justice and Empowerment

Bids
1
₹20.00 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 156 bids — AQMEN MEDTECH PRIVATE LIMITED appeared in 105 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

CYGNET MEDITECH PRIVATE LIMITED

Your Company
16.7% win rate
156
₹1.58 Cr
103
66.0%
26
₹30.51 Lakh

CYGNET MEDITECH PRIVATE LIMITED

Your Company
Total Bids
156
₹1.58 Cr
Qualified
103
66.0%
Wins
26
₹30.51 Lakh
16.7% win rate
AQMEN MEDTECH PRIVATE LIMITED
51.4% win rate
105
₹80.64 Lakh
93
88.6%
54
₹15.63 Lakh
AQMEN MEDTECH PRIVATE LIMITED
Total Bids
105
₹80.64 Lakh
Qualified
93
88.6%
Wins
54
₹15.63 Lakh
51.4% win rate
FUTURA SURGICARE PRIVATE LIMITED
29.7% win rate
37
₹54.19 Lakh
34
91.9%
11
₹8.53 Lakh
FUTURA SURGICARE PRIVATE LIMITED
Total Bids
37
₹54.19 Lakh
Qualified
34
91.9%
Wins
11
₹8.53 Lakh
29.7% win rate
APPLE SUTURE INVENT
18.2% win rate
33
₹26.12 Lakh
29
87.9%
6
₹4.78 Lakh
APPLE SUTURE INVENT
Total Bids
33
₹26.12 Lakh
Qualified
29
87.9%
Wins
6
₹4.78 Lakh
18.2% win rate
HBPA TRADEX PRIVATE LIMITED
27.5% win rate
40
₹30.36 Lakh
33
82.5%
11
₹3.70 Lakh
HBPA TRADEX PRIVATE LIMITED
Total Bids
40
₹30.36 Lakh
Qualified
33
82.5%
Wins
11
₹3.70 Lakh
27.5% win rate
QUBIX MEDICARE PRIVATE LIMITED
5.7% win rate
53
₹58.26 Lakh
39
73.6%
3
₹2.75 Lakh
QUBIX MEDICARE PRIVATE LIMITED
Total Bids
53
₹58.26 Lakh
Qualified
39
73.6%
Wins
3
₹2.75 Lakh
5.7% win rate
MERIL ENDO SURGERY PRIVATE LIMITED
13.0% win rate
23
₹35.24 Lakh
17
73.9%
3
₹57K
MERIL ENDO SURGERY PRIVATE LIMITED
Total Bids
23
₹35.24 Lakh
Qualified
17
73.9%
Wins
3
₹57K
13.0% win rate
TI MEDICAL PRIVATE LIMITED
8.3% win rate
24
₹13.53 Lakh
20
83.3%
2
₹15K
TI MEDICAL PRIVATE LIMITED
Total Bids
24
₹13.53 Lakh
Qualified
20
83.3%
Wins
2
₹15K
8.3% win rate
JYOTI TRADERS
10.0% win rate
20
₹3.48 Lakh
17
85.0%
2
₹6K
JYOTI TRADERS
Total Bids
20
₹3.48 Lakh
Qualified
17
85.0%
Wins
2
₹6K
10.0% win rate
EMMZONEINDIA
0.0% win rate
29
₹33.69 Lakh
13
44.8%
0
₹0
EMMZONEINDIA
Total Bids
29
₹33.69 Lakh
Qualified
13
44.8%
Wins
0
₹0
0.0% win rate
SURGICAL SUTURES PRIVATE LIMITED
0.0% win rate
23
₹21.99 Lakh
18
78.3%
0
₹0
SURGICAL SUTURES PRIVATE LIMITED
Total Bids
23
₹21.99 Lakh
Qualified
18
78.3%
Wins
0
₹0
0.0% win rate
Company Profile
CINU33301GJ2016PTC094627
Class
Private
Status
Active
Founded2016

Financial Details

Authorized Capital₹1.0L
Paid-up Capital₹1.0L

Registered Office

BLK NO.50, RIDDHI SIDDHI NAGAR AJWA ROADNA-VADODARA-Gujarat-390019-India


Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code33301

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

618

Qualified: 422
Q Rate: 68.3%

Contract Value

₹10.06 Cr

Avg. Bid: ₹67K
Avg. EMD: ₹0

L1 Bids

95

Win Rate: 15.4%
Q to W Ratio: 22.5%

Recent Win Rate

14.8%

Change: +2.2%
Period: FY 2024-25

Performance Analytics

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

CYGNET MEDITECH PRIVATE LIMITED: Business Analysis Report

This comprehensive business analysis report assesses the performance of CYGNET MEDITECH PRIVATE LIMITED in the context of government tenders, focusing on financial performance, competitive positioning, and strategic opportunities. With a strong track record in government procurement, CYGNET MEDITECH has demonstrated its capacity to secure contracts within India's public sector. This report identifies key strengths, weaknesses, opportunities, and threats to formulate actionable strategic recommendations.

Executive Summary

CYGNET MEDITECH PRIVATE LIMITED has participated in 618 government tenders, achieving a win rate of 15.4% and securing 95 L1 positions. The company's financial performance reveals a total contract value secured of ₹10,05,93,019.0. While demonstrating a robust presence in the government tender landscape, CYGNET MEDITECH faces increasing competitive pressure, which requires a focused strategy to improve its market positioning and bid efficiency. This report provides an in-depth analysis of CYGNET MEDITECH's performance, highlighting areas for strategic improvement to enhance its win rate and overall financial health within the competitive medical equipment sector.

1. Financial Performance

This section provides an overview of CYGNET MEDITECH's financial performance metrics related to government tenders.

1.1. Key Financial Metrics

  • Total Contract Value: CYGNET MEDITECH has secured contracts totaling ₹10,05,93,019.0 from government tenders.