letstrak tech 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 4 bids — BINARY SEMANTICS LIMITED appeared in 3 of them.
LETSTRAK TECH PRIVATE LIMITED
LETSTRAK TECH PRIVATE LIMITED
Financial Details
Registered Office
Himalaya Ice Factory Plot no.8334 G.T. ROAD Bye Pass Near Tau Devi Lal ChowkNA-Karnal-Haryana-132001-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
63
Contract Value
₹11.08 Cr
L1 Bids
12
Recent Win Rate
0.0%
Performance Analytics
Letstrak Tech Private Limited: Comprehensive Tender Performance Analysis
Letstrak Tech Private Limited has actively participated in the Indian government tender landscape, demonstrating varied success and strategic focus. This comprehensive analysis delves into their tender performance, financial metrics, competitive positioning, and strategic recommendations for future growth in the Indian government procurement sector.
Executive Summary
Letstrak Tech Private Limited has engaged in 63 government tenders between April 2018 and March 2025. Their key performance metrics include a 19.0% win rate and a 36.5% qualification rate. The total contract value secured by Letstrak Tech stands at ₹11.07 crore. The company's financial health is assessed by TenderAI as 'Concerning,' with a score of 40.2/100. Key ministries and departments where Letstrak Tech has shown engagement include the Ministry of Defence and the Urban Development Department. Their market positioning reflects a need for strategic adjustments to enhance competitiveness and improve win rates.
Financial Performance Overview
Letstrak Tech's financial performance indicates significant potential for improvement. The company has bid on contracts totaling ₹11.07 crore, converting this entire value into secured contracts. However, recent trends show a decline in win rates and contract value growth, indicating challenges in the current competitive landscape.
Market Positioning
Letstrak Tech primarily focuses on tenders related to urban development and defense, reflecting a specialized approach. However, the overall market position requires strengthening to enhance competitiveness against key rivals.