launchtrax 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 6 bids — KS SMART SOLUTIONS PRIVATE LIMITED appeared in 2 of them.
LAUNCHTRAX PRIVATE LIMITED
LAUNCHTRAX PRIVATE LIMITED
Financial Details
Registered Office
51/A, LINK ROAD LINK ROAD AREANA-VIRUDHUNAGAR-Tamil Nadu-626001-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
30
Contract Value
₹98.24 Cr
L1 Bids
16
Recent Win Rate
60.0%
Performance Analytics
Launchtrax Private Limited: Government Tender Analysis
Launchtrax Private Limited, a dynamic player in the Indian government procurement landscape, has demonstrated a strong presence with bids submitted for 30 government tenders. This activity provides a rich dataset for analyzing their tender performance metrics, qualification rates, and competitive positioning. The government tender analysis reveals a company that consistently meets technical requirements and secures favorable outcomes in a competitive environment. Over the analysis period from April 2018 to March 2025, Launchtrax's tender history offers insights into their areas of specialization and strategic focus.
Executive Summary
Launchtrax exhibits notable performance metrics in government tenders. From April 2018 to March 2025, the company achieved an impressive win rate of 53.3%, securing 16 L1 positions out of 30 bids. Their qualification rate stands at 96.7%, indicating a strong ability to meet technical requirements. The company’s success translates to a total contract value of ₹98,23,98,525, demonstrating effectiveness in targeting and winning valuable public sector projects. The financial health assessment, based on TenderAI scoring components, rates Launchtrax as 'Excellent' with a score of 83.0/100, driven by strong win rates and contract values. The company demonstrates a specialized focus on the Ministry of Defence, particularly the Department of Defence Research & Development, indicating procurement expertise in this sector. Launchtrax’s government tender performance positions them as a competitive and reliable partner in the Indian government procurement ecosystem.
Financial Performance Analysis
Yearly Trends
The financial performance of Launchtrax can be analyzed through yearly trends. A comparison of FY2022-23 and FY2023-24 reveals the following:
| Metric | FY2022-23 | FY2023-24 | Change |