itone latex 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 38 bids — EMAZE TECHNOLOGY appeared in 9 of them.
ITONE LATEX PRIVATE LIMITED
ITONE LATEX PRIVATE LIMITED
Financial Details
Registered Office
Office No507 Shree Ugati Corporate Park,NA-Kudasan-Gujarat-382421-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
42
Contract Value
₹2.19 Cr
L1 Bids
9
Recent Win Rate
23.7%
Performance Analytics
ITONE LATEX PRIVATE LIMITED: Comprehensive Tender Performance Analysis
ITONE LATEX PRIVATE LIMITED has actively participated in the Indian government tender landscape, submitting 42 bids and demonstrating a commitment to public sector procurement. This analysis provides a detailed overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations for future growth. The insights are particularly relevant to Indian government procurement officers, industry stakeholders, and potential investors.
Key Performance Highlights (April 2018 - March 2025)
- Win Rate: ITONE LATEX has secured a 21.4% win rate across all tenders, indicating a solid ability to convert bids into contracts. Their recent win rate in FY 2024-25 is 23.7%. This shows significant improvement in current fiscal year.
- Qualification Rate: A 59.5% qualification rate demonstrates ITONE LATEX's strong technical capabilities and compliance with tender specifications. Out of 42 tenders, 25 qualified on technical front.
- Contract Value: The company has secured contracts worth ₹2,19,46,927.0 from government tenders, reflecting their success in winning valuable public sector projects. Majority of contracts are secured in current fiscal year i.e. FY 2024-25.
- Financial Health: TenderAI assesses ITONE LATEX's financial health as 'Satisfactory' with a score of 55.6/100. The financial health score for Itone Latex is driven by performance in Win Rate (53.6), Contract Value (7.8), Bid Efficiency (63.3), Growth (100) and Consistency (68.8).
- Market Positioning: ITONE LATEX operates in a competitive market with 99 direct competitors. While they face challenges from established players, their cost-leader positioning and strategic focus on key ministries offer avenues for growth.
- Ministry Focus: The company has demonstrated a strong presence in tenders from the Ministry of Labour and Employment, the PMO, Ministry of Railways, Ministry of Defence, and Ministry of Heavy Industries and Public Enterprises.