grayeye it systems private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 550 bids — PLEXUS IT SYSTEMS (INDIA) PRIVATE LIMITED appeared in 157 of them.
GRAYEYE IT SYSTEMS PRIVATE LIMITED
GRAYEYE IT SYSTEMS PRIVATE LIMITED
Financial Details
Registered Office
173, 6TH FLOOR, BLOCK B, TECCI PARK, OMR,SHOLINGANALLURSholinganallur-Saidapet-Tamil Nadu-600119-India
Industry Classification
Business Services
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
752
Contract Value
₹136.08 Cr
L1 Bids
45
Recent Win Rate
7.3%
Performance Analytics
GRAYEYE IT SYSTEMS PRIVATE LIMITED: Dominating Government Tenders with a 5.9% Win Rate and 44 L1 Wins
GRAYEYE IT SYSTEMS PRIVATE LIMITED, a dynamic player in the Indian IT sector, has demonstrated considerable expertise in securing government tenders. With a portfolio of 741 bids and a commendable 5.9% win rate, the company's performance underscores its strategic approach to public procurement. This report provides an in-depth analysis of GRAYEYE IT SYSTEMS' financial performance, competitive positioning, and key strengths and weaknesses within the government tender landscape.
Executive Summary
GRAYEYE IT SYSTEMS PRIVATE LIMITED has shown a resilient presence in the government tender market, participating in 741 tenders and achieving 44 L1 wins. The company's financial performance showcases a total contract value of ₹1,30,93,44,670.0. While the win rate stands at 5.9%, there is considerable opportunity to enhance bid efficiency. This analysis delves into the factors influencing GRAYEYE IT SYSTEMS' performance, providing strategic recommendations for improved market penetration and financial growth within the competitive Indian IT sector.
Financial Performance of GRAYEYE IT SYSTEMS PRIVATE LIMITED
Key Financial Metrics
GRAYEYE IT SYSTEMS PRIVATE LIMITED's financial performance in government tenders reveals several critical metrics:
- Total Contract Value: Secured contracts worth ₹1,30,93,44,670.0, demonstrating strong revenue generation capabilities.