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innovate electronics Tender Performance & Track Record

innovate electronics

Tender Performance & Track Record

Company Overview

Summary
Innovate Electronics Government Tender Profile With a substantial portfolio of 58 government tender participations, Innovate Electronics 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 Defence Production
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids8
Value₹3.81Cr

Qualified Bids / Q Rate

Bids7
Q Rate87.5%

Total Wins / Win Value

Win2
Value₹1.18Cr

Wins Rate / Q-W Rate

Rate25.0%
Q-W Rate28.6%

Detailed Performance Analysis

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Tender Performance by Ministries

4 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

25.0% win rate
4
₹1.38 Cr
4
1
₹36.88 Lakh

Ministry of Defence

Bids
4
₹1.38 Cr
Qualified
4
Wins
1
₹36.88 Lakh
25.0% win rate

Ministry of Heavy Industries and Public Enterprises

50.0% win rate
2
₹1.46 Cr
2
1
₹81.35 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹1.46 Cr
Qualified
2
Wins
1
₹81.35 Lakh
50.0% win rate

Ministry of Electronics and Information Technology

0.0% win rate
1
₹93K
1
0
₹0

Ministry of Electronics and Information Technology

Bids
1
₹93K
Qualified
1
Wins
0
₹0
0.0% win rate

PMO

0.0% win rate
1
₹96.11 Lakh
0
0
₹0

PMO

Bids
1
₹96.11 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 8 bids — GEO INFORMATICS CONSULTANTS PRIVATE LIMITED appeared in 3 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

INNOVATE ELECTRONICS

Your Company
25.0% win rate
8
₹3.81 Cr
7
87.5%
2
₹1.18 Cr

INNOVATE ELECTRONICS

Your Company
Total Bids
8
₹3.81 Cr
Qualified
7
87.5%
Wins
2
₹1.18 Cr
25.0% win rate
GEO INFORMATICS CONSULTANTS PRIVATE LIMITED
66.7% win rate
3
₹1.10 Cr
2
66.7%
2
₹73.24 Lakh
GEO INFORMATICS CONSULTANTS PRIVATE LIMITED
Total Bids
3
₹1.10 Cr
Qualified
2
66.7%
Wins
2
₹73.24 Lakh
66.7% win rate
PRIME ENVIRO TECHNOLOGIES
50.0% win rate
2
₹92.31 Lakh
1
50.0%
1
₹27.66 Lakh
PRIME ENVIRO TECHNOLOGIES
Total Bids
2
₹92.31 Lakh
Qualified
1
50.0%
Wins
1
₹27.66 Lakh
50.0% win rate
RESONANCE AUTOMATION AND MACHINES
0.0% win rate
2
₹92.31 Lakh
0
0.0%
0
₹0
RESONANCE AUTOMATION AND MACHINES
Total Bids
2
₹92.31 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
VASTEK ENGINEERING TECHNOLOGIES PRIVATE LIMITED
0.0% win rate
1
₹96.11 Lakh
1
100.0%
0
₹0
VASTEK ENGINEERING TECHNOLOGIES PRIVATE LIMITED
Total Bids
1
₹96.11 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
M/S FERROTEK EQUIPMENT
0.0% win rate
1
₹64.65 Lakh
0
0.0%
0
₹0
M/S FERROTEK EQUIPMENT
Total Bids
1
₹64.65 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
NARANG SCIENTIFIC WORKS PRIVATE LIMITED
0.0% win rate
1
₹27.66 Lakh
0
0.0%
0
₹0
NARANG SCIENTIFIC WORKS PRIVATE LIMITED
Total Bids
1
₹27.66 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
ANAYA SALES
0.0% win rate
1
₹93K
1
100.0%
0
₹0
ANAYA SALES
Total Bids
1
₹93K
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
SRI DEVA INTERNATIONAL ESSENTIAL OILS LLP
0.0% win rate
1
₹96.11 Lakh
0
0.0%
0
₹0
SRI DEVA INTERNATIONAL ESSENTIAL OILS LLP
Total Bids
1
₹96.11 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
AIMIL LIMITED
0.0% win rate
1
₹93K
0
0.0%
0
₹0
AIMIL LIMITED
Total Bids
1
₹93K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
KAYTRONICS EXIM PVT LTD
0.0% win rate
1
₹93K
0
0.0%
0
₹0
KAYTRONICS EXIM PVT LTD
Total Bids
1
₹93K
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

58

Qualified: 40
Q Rate: 69.0%

Contract Value

₹21.49 Cr

Avg. Bid: ₹35.71 Lakh
Avg. EMD: ₹0

L1 Bids

13

Win Rate: 22.4%
Q to W Ratio: 32.5%

Recent Win Rate

28.6%

Change: +1.6%
Period: FY 2024-25

Performance Analytics

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

Innovate Electronics Government Tender Profile

With a substantial portfolio of 58 government tender participations, Innovate Electronics 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.

Proven L1 Bid Success with 13 Contract Wins

Innovate Electronics has successfully secured 13 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 22.4% across 58 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Innovate Electronics has bid on contracts with a total value of ₹,21,48,52,489.0, successfully securing ₹,21,48,52,489.0 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.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Department Of Defence Research & Development, Department Of Defence Production, Department Of Space, where they have demonstrated specific procurement expertise.