indium tech spire private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 20 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 9 bids — PRALOVE ENTERPRISES appeared in 6 of them.
INDIUM TECH SPIRE PRIVATE LIMITED
INDIUM TECH SPIRE PRIVATE LIMITED
Financial Details
Registered Office
Flat No.4A, 4th Floor, Walking Street, Opposite Capitol Hill, Main Road,NA-RANCHI-Jharkhand-834001-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
33
Contract Value
₹15.68 Cr
L1 Bids
13
Recent Win Rate
0.0%
Performance Analytics
Executive Summary: Indium Tech Spire Private Limited - Government Tender Performance
Indium Tech Spire Private Limited demonstrates a solid presence in the Indian government tender landscape. Analysis of their tender performance from April 2018 to March 2025 reveals a 39.4% win rate across 33 bids. Their ability to secure 13 L1 positions underscores their competitive pricing and strategic bidding. The technical qualification rate stands at 90.9%, reflecting strong compliance capabilities.
From FY 2020-21 to FY 2023-24, Indium Tech Spire has shown fluctuating but overall positive trends in contract value. Notably, FY 2022-23 saw a significant increase. Financial health is currently assessed as 'Satisfactory' with a score of 62.1/100 based on TenderAI scoring components, which consider win rate, contract value, bid efficiency, growth, and consistency. The latest financial period shows the company winning 0 out of 9 bids resulting in an ₹1.15 Crore worth of secured contracts. This analysis aims to provide procurement specialists and corporate executives with an understanding of their public sector capabilities and competitive advantages. Indium Tech Spire faces competition from companies like MICRO INFOSOLUTIONS PRIVATE LIMITED and VIRTUOSO GLOBAL SERVICES. It also has a head-to-head battle with PRALOVE ENTERPRISES in 8 encounters.
Indium Tech Spire exhibits a focused approach, particularly excelling in tenders related to the Higher And Techical Education Department Jharkhand, the Department of Financial Services, and the Food Public Distribution And Consumer Affairs Department Jharkhand. They have also engaged with tenders from the Ministry of Finance and Ministry of Steel. Their success in these specific departments suggests a specialized understanding of their procurement needs. Overall, Indium Tech Spire Private Limited presents a stable presence in the government tender arena with a history of qualification success and a strategic approach to securing L1 bids. The tender performance metrics demonstrates a good track record in government procurement and government tender analysis.
Financial Performance Analysis
Indium Tech Spire's financial performance in government tenders showcases a fluctuating but generally upward trend in terms of contract value secured. Here's a breakdown:
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Yearly Trends:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |