iwave systems technologies private 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
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 11 bids — APOLLO MICRO SYSTEMS LIMITED appeared in 2 of them.
IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED
IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED
Financial Details
Registered Office
7/B, 29TH MAIN, BTM LAYOUT,2ND STAGE, BANGALORENA-2ND STAGE, BANGALORE-Karnataka-560076-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
20
Contract Value
₹33.03 Cr
L1 Bids
13
Recent Win Rate
62.5%
Performance Analytics
IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED: Comprehensive Tender Performance Analysis
Executive Summary:
IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED has established a strong presence in the Indian government procurement landscape, particularly within the defense sector. As of March 2025, their key performance metrics highlight a 65.0% win rate out of 20 tenders, demonstrating a competitive edge in securing government contracts. The company's qualification rate stands at 90.0%, indicating robust compliance and understanding of tender requirements. Notably, IWAVE has achieved a ₹33,02,80,627 total contract value from these wins, reflecting their ability to convert bids into significant revenue. TenderAI's financial health assessment gives IWAVE an 'Excellent' score of 97.6, based on win rate, contract value, bid efficiency, growth, and consistency components.
IWAVE's market positioning is strongest within the Ministry of Defence, specifically the Department of Defence Production, showcasing specialized expertise in this domain. While the company demonstrates consistent qualification, recent trends from FY2023-24 to FY2024-25 indicate a need to strategically address shifting dynamics in win rates and participation levels.
Financial Performance Analysis
Yearly Trends:
Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |
---|---|---|---|---|---|
FY 2018-19 | 0 | 0 | 0.0% | 0.0% | 0.0 |