ideaforge technology limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 2 bids — HI TECH SOLUTIONS appeared in 1 of them.
IDEAFORGE TECHNOLOGY LIMITED
IDEAFORGE TECHNOLOGY LIMITED
Financial Details
Registered Office
El-146, TTC Industrial Area, Electronic Zone MIDC, Mahape, Navi MumbaiNA-Navi Mumbai-Maharashtra-400710-India
Industry Classification
Manufacturing (Machinery & Equipments)
Company Type
Market Information
Transform Your Tender Process
Join thousands of businesses winning more tenders
Smart Alerts
Get AI-powered tender recommendations
Market Intel
Track competitor bidding patterns
Email Reports
Weekly detailed analytics reports
Download Hub
Export tender data in bulk format
Smart Tracking
Never miss important deadlines
& Much More...
Discover all premium features with your trial
"TenderAI transformed our bidding process. We've increased our win rate by 40% and saved countless hours."
Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
11
Contract Value
₹23.82 Cr
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
IDEAFORGE TECHNOLOGY LIMITED: Government Tender Analysis & Strategic Insights
Ideaforge Technology Limited is an active participant in the Indian public sector, focusing on government tenders, especially within the Ministry of Defence. This report provides a comprehensive business analysis of their tender performance, competitive positioning, and strategic recommendations for improved success. Despite a 0.0% win rate, Ideaforge demonstrates a strong 63.6% qualification rate, indicating potential for improvement in securing government contracts.
Executive Summary
This analysis of Ideaforge Technology Limited's participation in government tenders reveals a company with strong technical capabilities but facing challenges in converting qualified bids into wins. With 11 tenders submitted, the company has achieved a 63.6% qualification rate, showcasing its ability to meet technical specifications. However, a 0.0% win rate indicates significant competitive pressure or areas for improvement in pricing and bid strategy. The company's focus on the Ministry of Defence and the Department of Military Affairs suggests a specialized approach, but further diversification could mitigate risks. Understanding Ideaforge financial performance is critical for strategic decision-making.
Financial Performance in Government Tenders
Overall Financial Metrics
Ideaforge has bid on contracts totaling ₹23,82,38,695.0, but currently has a 0.0% overall win rate. This signifies a need for a focused approach on bid strategy, pricing, and competitive analysis. Here's a breakdown:
- Total Contract Value of Bids: ₹23,82,38,695.0