labmate (asia) 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 19 bids — GENETIX BIOTECH ASIA LIMITED appeared in 4 of them.
LABMATE (ASIA) PRIVATE LIMITED
LABMATE (ASIA) PRIVATE LIMITED
Financial Details
Registered Office
'C' BLOCK 1ST FLOOR, BAID METACOMPLEX 183 MOUNT ROAD SAIDAPET,NA-CHENNAI 600 015-Tamil Nadu-600015-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
114
Contract Value
₹13.72 Cr
L1 Bids
64
Recent Win Rate
57.9%
Performance Analytics
Labmate Asia: Dominating Government Tenders with a 57.7% Win Rate
Labmate Asia Private Limited has established a strong presence in the Indian government tender landscape, participating in 111 government tenders. This comprehensive business analysis report provides an in-depth look at their bidding performance, financial metrics, competitive positioning, and strategic recommendations to further enhance their success in securing government contracts.
Executive Summary
Labmate Asia demonstrates a commendable 57.7% win rate in government tenders, securing 64 L1 positions. Their strategic focus on specific government departments and a solid technical qualification rate contribute to their success. However, a recent decline in win rate trend and weaknesses in certain bid ranges highlight areas for improvement.
Financial Performance of Labmate Asia
Key Financial Metrics
- Total Contract Value: ₹,131,956,921.0
- Win Rate: 57.7% overall
- Technical Qualification Rate: 81.1%