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indice technologies Tender Performance & Track Record

indice technologies

Tender Performance & Track Record

Company Overview

Summary
Indice Technologies Government Tender Profile With a substantial portfolio of 152 government tender participations, Indice Technologies has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids61
Value₹27.08Cr

Qualified Bids / Q Rate

Bids53
Q Rate86.9%

Total Wins / Win Value

Win36
Value₹21.30Cr

Wins Rate / Q-W Rate

Rate59.0%
Q-W Rate67.9%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

61.0% win rate
59
₹26.68 Cr
52
36
₹21.30 Cr

Ministry of Defence

Bids
59
₹26.68 Cr
Qualified
52
Wins
36
₹21.30 Cr
61.0% win rate

Ministry of Culture

0.0% win rate
1
₹31.94 Lakh
0
0
₹0

Ministry of Culture

Bids
1
₹31.94 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 61 bids — SUKHI ELECTRICALS appeared in 43 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

INDICE TECHNOLOGIES

Your Company
59.0% win rate
61
₹27.08 Cr
53
86.9%
36
₹21.30 Cr

INDICE TECHNOLOGIES

Your Company
Total Bids
61
₹27.08 Cr
Qualified
53
86.9%
Wins
36
₹21.30 Cr
59.0% win rate
SUKHI ELECTRICALS
81.4% win rate
43
₹24.61 Cr
40
93.0%
35
₹16.70 Cr
SUKHI ELECTRICALS
Total Bids
43
₹24.61 Cr
Qualified
40
93.0%
Wins
35
₹16.70 Cr
81.4% win rate
PINAKINE SECURE SECURITY SOLUTIONS
2.5% win rate
40
₹21.44 Cr
1
2.5%
1
₹73.09 Lakh
PINAKINE SECURE SECURITY SOLUTIONS
Total Bids
40
₹21.44 Cr
Qualified
1
2.5%
Wins
1
₹73.09 Lakh
2.5% win rate
ANGEL MANPOWER & SECURITY SERVICES
0.0% win rate
40
₹21.44 Cr
1
2.5%
0
₹0
ANGEL MANPOWER & SECURITY SERVICES
Total Bids
40
₹21.44 Cr
Qualified
1
2.5%
Wins
0
₹0
0.0% win rate
SAFE SHADOW SECURITY SERVICES
0.0% win rate
40
₹21.44 Cr
0
0.0%
0
₹0
SAFE SHADOW SECURITY SERVICES
Total Bids
40
₹21.44 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
SMVD GROUP SECURE SERVICES
0.0% win rate
40
₹21.44 Cr
0
0.0%
0
₹0
SMVD GROUP SECURE SERVICES
Total Bids
40
₹21.44 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
TRIPATHI BROTHERS SERVICES
0.0% win rate
40
₹21.44 Cr
0
0.0%
0
₹0
TRIPATHI BROTHERS SERVICES
Total Bids
40
₹21.44 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
VAIKUNTH GROUP ENTERPRISES
0.0% win rate
40
₹21.44 Cr
0
0.0%
0
₹0
VAIKUNTH GROUP ENTERPRISES
Total Bids
40
₹21.44 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
KING AND ANGEL DIAMOND SERVICES PRIVATE LIMITED
0.0% win rate
40
₹21.44 Cr
0
0.0%
0
₹0
KING AND ANGEL DIAMOND SERVICES PRIVATE LIMITED
Total Bids
40
₹21.44 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
ALMIGHTY MANPOWER & SECURITY SERVICES
0.0% win rate
39
₹20.10 Cr
0
0.0%
0
₹0
ALMIGHTY MANPOWER & SECURITY SERVICES
Total Bids
39
₹20.10 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
SKY HIGH SECURE SECURITY SERVICES
0.0% win rate
39
₹20.10 Cr
0
0.0%
0
₹0
SKY HIGH SECURE SECURITY SERVICES
Total Bids
39
₹20.10 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

152

Qualified: 129
Q Rate: 84.9%

Contract Value

₹37.59 Cr

Avg. Bid: ₹30.74 Lakh
Avg. EMD: ₹88K

L1 Bids

74

Win Rate: 48.7%
Q to W Ratio: 57.4%

Recent Win Rate

54.5%

Change: +1.4%
Period: FY 2024-25

Performance Analytics

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

Indice Technologies Government Tender Profile

With a substantial portfolio of 152 government tender participations, Indice Technologies has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Superior Tender Success Rate of 48.7%

Indice Technologies demonstrates exceptional government tender performance with an impressive win ratio of 48.7%. Out of 152 tenders, they have secured 74 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Indice Technologies has bid on contracts with a total value of ₹,37,59,49,563.0, successfully securing ₹,37,59,49,563.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

The company's average Earnest Money Deposit (EMD) of ₹,87,541.5625 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus