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korutech india private limited. Tender Performance & Track Record

CIN: U51433TN2005PTC058317
Active
Private
Company limited by shares

korutech india private limited.

Tender Performance & Track Record

CIN: U51433TN2005PTC058317
Active
Private
Company limited by shares

Company Overview

Summary
KORUTECH INDIA PRIVATE LIMITED Business Analysis: Dominating Government Tenders with a 13.2% Win Rate KORUTECH INDIA PRIVATE LIMITED has made significant strides in the Indian government tender landscape. This comprehensive industry sector business analysis provides a detailed overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations for enhanced growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 2005State: TAMIL NADU
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:2005
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids92
Value₹1.64Cr

Qualified Bids / Q Rate

Bids66
Q Rate71.7%

Total Wins / Win Value

Win9
Value₹9.96L

Wins Rate / Q-W Rate

Rate9.8%
Q-W Rate13.6%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

11.0% win rate
82
₹1.36 Cr
58
9
₹9.96 Lakh

Ministry of Defence

Bids
82
₹1.36 Cr
Qualified
58
Wins
9
₹9.96 Lakh
11.0% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
10
₹28.30 Lakh
8
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
10
₹28.30 Lakh
Qualified
8
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 92 bids — NAMOH TOOLINGS appeared in 28 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

KORUTECH INDIA PRIVATE LIMITED.

Your Company
9.8% win rate
92
₹1.64 Cr
66
71.7%
9
₹9.96 Lakh

KORUTECH INDIA PRIVATE LIMITED.

Your Company
Total Bids
92
₹1.64 Cr
Qualified
66
71.7%
Wins
9
₹9.96 Lakh
9.8% win rate
NAMOH TOOLINGS
25.0% win rate
28
₹59.89 Lakh
22
78.6%
7
₹23.31 Lakh
NAMOH TOOLINGS
Total Bids
28
₹59.89 Lakh
Qualified
22
78.6%
Wins
7
₹23.31 Lakh
25.0% win rate
ASSOCIATE PRODUCT & SERVICES
16.7% win rate
36
₹76.71 Lakh
32
88.9%
6
₹20.58 Lakh
ASSOCIATE PRODUCT & SERVICES
Total Bids
36
₹76.71 Lakh
Qualified
32
88.9%
Wins
6
₹20.58 Lakh
16.7% win rate
SIMPLY TECH ENTERPRISES
14.7% win rate
34
₹63.41 Lakh
34
100.0%
5
₹20.04 Lakh
SIMPLY TECH ENTERPRISES
Total Bids
34
₹63.41 Lakh
Qualified
34
100.0%
Wins
5
₹20.04 Lakh
14.7% win rate
ISCAR INDIA PRIVATE LIMITED
15.6% win rate
32
₹51.26 Lakh
29
90.6%
5
₹7.71 Lakh
ISCAR INDIA PRIVATE LIMITED
Total Bids
32
₹51.26 Lakh
Qualified
29
90.6%
Wins
5
₹7.71 Lakh
15.6% win rate
S.SAIFY & CO.
26.5% win rate
34
₹69.10 Lakh
30
88.2%
9
₹7.42 Lakh
S.SAIFY & CO.
Total Bids
34
₹69.10 Lakh
Qualified
30
88.2%
Wins
9
₹7.42 Lakh
26.5% win rate
KARBIT TOOLING INDIA PRIVATE LIMITED
42.1% win rate
19
₹30.36 Lakh
13
68.4%
8
₹6.84 Lakh
KARBIT TOOLING INDIA PRIVATE LIMITED
Total Bids
19
₹30.36 Lakh
Qualified
13
68.4%
Wins
8
₹6.84 Lakh
42.1% win rate
FOURWAYZ DISTRIBUTORS PRIVATE LIMITED
3.9% win rate
26
₹57.16 Lakh
24
92.3%
1
₹3.89 Lakh
FOURWAYZ DISTRIBUTORS PRIVATE LIMITED
Total Bids
26
₹57.16 Lakh
Qualified
24
92.3%
Wins
1
₹3.89 Lakh
3.9% win rate
MNY TECHNOLOGIES
5.0% win rate
20
₹50.62 Lakh
19
95.0%
1
₹31K
MNY TECHNOLOGIES
Total Bids
20
₹50.62 Lakh
Qualified
19
95.0%
Wins
1
₹31K
5.0% win rate
NSV INDUSTRIAL SALES & SERVICES
0.0% win rate
19
₹43.65 Lakh
19
100.0%
0
₹0
NSV INDUSTRIAL SALES & SERVICES
Total Bids
19
₹43.65 Lakh
Qualified
19
100.0%
Wins
0
₹0
0.0% win rate
M D TRADERS
0.0% win rate
19
₹29.19 Lakh
11
57.9%
0
₹0
M D TRADERS
Total Bids
19
₹29.19 Lakh
Qualified
11
57.9%
Wins
0
₹0
0.0% win rate
Company Profile
CINU51433TN2005PTC058317
Class
Private
Status
Active
Founded2005

Financial Details

Authorized Capital₹60.0L
Paid-up Capital₹59.5L

Registered Office

NEW NO 317, OLD NO.153, 1ST FLOOR, THAMBU CHETTY STREETNA-CHENNAI-Tamil Nadu-600001-India

Industry Classification

Trading

NIC Code51433

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Chennai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

312

Qualified: 209
Q Rate: 67.0%

Contract Value

₹9.56 Cr

Avg. Bid: ₹1.97 Lakh
Avg. EMD: ₹0

L1 Bids

41

Win Rate: 13.1%
Q to W Ratio: 19.6%

Recent Win Rate

9.3%

Change: -2.7%
Period: FY 2024-25

Performance Analytics

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

KORUTECH INDIA PRIVATE LIMITED Business Analysis: Dominating Government Tenders with a 13.2% Win Rate

KORUTECH INDIA PRIVATE LIMITED has made significant strides in the Indian government tender landscape. This comprehensive industry sector business analysis provides a detailed overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations for enhanced growth.

Executive Summary

KORUTECH INDIA PRIVATE LIMITED demonstrates a proactive approach to government procurement, participating in 311 tenders with a win rate of 13.2%. Their strategic focus on securing L1 positions in government tenders has led to 41 contract wins, solidifying their presence in the public sector. Despite a recent decline in win rate, their technical qualification rate remains high at 67.2%, indicating strong compliance capabilities. Overall, KORUTECH INDIA's performance showcases both strengths and areas for improvement in their government tender strategy.

Financial Performance of KORUTECH INDIA

This section delves into the financial aspects of KORUTECH INDIA's tender activities, providing insights into contract values, win rates, and key financial metrics.

Contract Value and Win Rates

  • Total Contract Value Secured: ₹9,55,71,186.0