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fortuneplus it networks private limited Tender Performance & Track Record

CIN: U72300TG2011PTC078055
Active
Private
Company limited by shares

fortuneplus it networks private limited

Tender Performance & Track Record

CIN: U72300TG2011PTC078055
Active
Private
Company limited by shares

Company Overview

Summary
FORTUNEPLUS IT NETWORKS PRIVATE LIMITED: Business Analysis & Strategic Recommendations Fortuneplus IT Networks Private Limited demonstrates a notable presence in the government tender landscape, securing substantial contracts and achieving a 20.1% win rate across 254 tender participations. This comprehensive business analysis delves into the company's financial performance, competitive positioning, and strategic opportunities within the IT networks sector. We identify key strengths, weaknesses, and actionable recommendations to enhance their procurement performance.
Primary Ministry: Ministry of FinancePrimary Department: Home Department Telangana
Founded: 2011State: TELANGANA
Primary Ministry:
Ministry of Finance
Primary Department:
Home Department Telangana
Founded:2011
State:TELANGANA

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids47
Value₹17.57Cr

Qualified Bids / Q Rate

Bids42
Q Rate89.4%

Total Wins / Win Value

Win11
Value₹2.79Cr

Wins Rate / Q-W Rate

Rate23.4%
Q-W Rate26.2%

Detailed Performance Analysis

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Tender Performance by Ministries

12 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Finance

0.0% win rate
9
₹7.11 Cr
7
0
₹0

Ministry of Finance

Bids
9
₹7.11 Cr
Qualified
7
Wins
0
₹0
0.0% win rate

Ministry of Education

0.0% win rate
5
₹1.33 Cr
2
0
₹0

Ministry of Education

Bids
5
₹1.33 Cr
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Electronics and Information Technology

0.0% win rate
5
₹1.99 Cr
5
0
₹0

Ministry of Electronics and Information Technology

Bids
5
₹1.99 Cr
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Health and Family Welfare

33.3% win rate
3
₹10.12 Lakh
3
1
₹7.82 Lakh

Ministry of Health and Family Welfare

Bids
3
₹10.12 Lakh
Qualified
3
Wins
1
₹7.82 Lakh
33.3% win rate

Ministry of Defence

0.0% win rate
2
₹51.62 Lakh
2
0
₹0

Ministry of Defence

Bids
2
₹51.62 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Micro Small and Medium Enterprises

0.0% win rate
2
₹73.46 Lakh
2
0
₹0

Ministry of Micro Small and Medium Enterprises

Bids
2
₹73.46 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Science and Technology

0.0% win rate
2
₹1.54 Cr
2
0
₹0

Ministry of Science and Technology

Bids
2
₹1.54 Cr
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Steel

0.0% win rate
2
₹5.52 Lakh
2
0
₹0

Ministry of Steel

Bids
2
₹5.52 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Department of Space

0.0% win rate
1
₹22.63 Lakh
1
0
₹0

Department of Space

Bids
1
₹22.63 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Communications

0.0% win rate
1
₹59.48 Lakh
1
0
₹0

Ministry of Communications

Bids
1
₹59.48 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Textiles

100.0% win rate
1
₹73.79 Lakh
1
1
₹73.79 Lakh

Ministry of Textiles

Bids
1
₹73.79 Lakh
Qualified
1
Wins
1
₹73.79 Lakh
100.0% win rate

PMO

0.0% win rate
1
₹9.67 Lakh
1
0
₹0

PMO

Bids
1
₹9.67 Lakh
Qualified
1
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 47 bids — SVS TECHNOLOGIES appeared in 28 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

FORTUNEPLUS IT NETWORKS PRIVATE LIMITED

Your Company
23.4% win rate
47
₹17.57 Cr
42
89.4%
11
₹2.79 Cr

FORTUNEPLUS IT NETWORKS PRIVATE LIMITED

Your Company
Total Bids
47
₹17.57 Cr
Qualified
42
89.4%
Wins
11
₹2.79 Cr
23.4% win rate
SVS TECHNOLOGIES
25.0% win rate
28
₹11.12 Cr
28
100.0%
7
₹4.56 Cr
SVS TECHNOLOGIES
Total Bids
28
₹11.12 Cr
Qualified
28
100.0%
Wins
7
₹4.56 Cr
25.0% win rate
VARIMAN GLOBAL ENTERPRISES LIMITED
54.5% win rate
11
₹5.32 Cr
8
72.7%
6
₹2.98 Cr
VARIMAN GLOBAL ENTERPRISES LIMITED
Total Bids
11
₹5.32 Cr
Qualified
8
72.7%
Wins
6
₹2.98 Cr
54.5% win rate
AMRUTHA SYSTEMS AND SOLUTIONS PRIVATE LIMITED
25.0% win rate
8
₹1.58 Cr
8
100.0%
2
₹73.46 Lakh
AMRUTHA SYSTEMS AND SOLUTIONS PRIVATE LIMITED
Total Bids
8
₹1.58 Cr
Qualified
8
100.0%
Wins
2
₹73.46 Lakh
25.0% win rate
SAI SYSTEMS & COMMUNICATIONS
16.7% win rate
6
₹57.01 Lakh
1
16.7%
1
₹19.98 Lakh
SAI SYSTEMS & COMMUNICATIONS
Total Bids
6
₹57.01 Lakh
Qualified
1
16.7%
Wins
1
₹19.98 Lakh
16.7% win rate
SS TECHNOLOGIES
16.7% win rate
6
₹55.14 Lakh
1
16.7%
1
₹18.11 Lakh
SS TECHNOLOGIES
Total Bids
6
₹55.14 Lakh
Qualified
1
16.7%
Wins
1
₹18.11 Lakh
16.7% win rate
NIYURA LIFESTYLE PRIVATE LIMITED
20.0% win rate
5
₹1.84 Cr
1
20.0%
1
₹1.18 Lakh
NIYURA LIFESTYLE PRIVATE LIMITED
Total Bids
5
₹1.84 Cr
Qualified
1
20.0%
Wins
1
₹1.18 Lakh
20.0% win rate
DUGONG INTERNATIONAL PRIVATE LIMITED
0.0% win rate
8
₹5.19 Cr
1
12.5%
0
₹0
DUGONG INTERNATIONAL PRIVATE LIMITED
Total Bids
8
₹5.19 Cr
Qualified
1
12.5%
Wins
0
₹0
0.0% win rate
E & E ENTERPRISES
0.0% win rate
8
₹71.26 Lakh
8
100.0%
0
₹0
E & E ENTERPRISES
Total Bids
8
₹71.26 Lakh
Qualified
8
100.0%
Wins
0
₹0
0.0% win rate
PARITY SYSTEMS
0.0% win rate
8
₹1.19 Cr
3
37.5%
0
₹0
PARITY SYSTEMS
Total Bids
8
₹1.19 Cr
Qualified
3
37.5%
Wins
0
₹0
0.0% win rate
HILSON TECHNOLOGY
0.0% win rate
6
₹2.52 Cr
1
16.7%
0
₹0
HILSON TECHNOLOGY
Total Bids
6
₹2.52 Cr
Qualified
1
16.7%
Wins
0
₹0
0.0% win rate
Company Profile
CINU72300TG2011PTC078055
Class
Private
Status
Active
Founded2011

Financial Details

Authorized Capital₹10.0L
Paid-up Capital₹10.0L

Registered Office

1-8-450/1/B/87, 1ST FLOOR, INDIAN AIRLINES COLONY BEGUMPET, SECUNDERABADNA-HYDERABAD-Telangana-500003-India


Industry Classification

Business Services

NIC Code72300

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Hyderabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

255

Qualified: 207
Q Rate: 81.2%

Contract Value

₹143.93 Cr

Avg. Bid: ₹30.32 Lakh
Avg. EMD: ₹1.20 Lakh

L1 Bids

52

Win Rate: 20.4%
Q to W Ratio: 25.1%

Recent Win Rate

25.0%

Change: -9.1%
Period: FY 2024-25

Performance Analytics

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

FORTUNEPLUS IT NETWORKS PRIVATE LIMITED: Business Analysis & Strategic Recommendations

Fortuneplus IT Networks Private Limited demonstrates a notable presence in the government tender landscape, securing substantial contracts and achieving a 20.1% win rate across 254 tender participations. This comprehensive business analysis delves into the company's financial performance, competitive positioning, and strategic opportunities within the IT networks sector. We identify key strengths, weaknesses, and actionable recommendations to enhance their procurement performance.

Executive Summary

FORTUNEPLUS IT NETWORKS PRIVATE LIMITED showcases a strong capability in securing government contracts, with a 20.1% win rate across 254 bids. Their financial performance highlights a total contract value of ₹1,43,19,16,142.0, demonstrating effective targeting and conversion of bid value to won contracts. However, a recent decline in win rate and performance in specific bid ranges necessitates strategic adjustments to maintain a competitive edge. This IT Networks business analysis outlines areas for improvement and strategic recommendations to drive sustainable growth in the government procurement sector. FORTUNEPLUS IT NETWORKS PRIVATE LIMITED financial performance showcases a stable trend with opportunities to expand into underserved segments.

Financial Performance of FORTUNEPLUS IT NETWORKS PRIVATE LIMITED

Key Financial Metrics

  • Total Contract Value: ₹1,43,19,16,142.0 (demonstrates significant market penetration)
  • Average Bid Amount: ₹2,947,162.27
  • Average Earnest Money Deposit (EMD): ₹118,142.86