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letstrak tech private limited Tender Performance & Track Record

CIN: U72900HR2016PTC063685
Active
Private
Company limited by shares

letstrak tech private limited

Tender Performance & Track Record

CIN: U72900HR2016PTC063685
Active
Private
Company limited by shares

Company Overview

Summary
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.
Primary Ministry: N/APrimary Department: Directorate of Muncipal Administration
Founded: 2016State: HARYANA
Primary Ministry:
N/A
Primary Department:
Directorate of Muncipal Administration
Founded:2016
State:HARYANA

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids4
Value₹12.38L

Qualified Bids / Q Rate

Bids1
Q Rate25.0%

Total Wins / Win Value

Win0
Value₹0

Wins Rate / Q-W Rate

Rate0.0%
Q-W Rate0.0%

Detailed Performance Analysis

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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.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

LETSTRAK TECH PRIVATE LIMITED

Your Company
0.0% win rate
4
₹12.38 Lakh
1
25.0%
0
₹0

LETSTRAK TECH PRIVATE LIMITED

Your Company
Total Bids
4
₹12.38 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
BINARY SEMANTICS LIMITED
33.3% win rate
3
₹8.12 Lakh
1
33.3%
1
₹6.30 Lakh
BINARY SEMANTICS LIMITED
Total Bids
3
₹8.12 Lakh
Qualified
1
33.3%
Wins
1
₹6.30 Lakh
33.3% win rate
TRACKNOVATE MOBILE RESOURCE MANAGEMENT PRIVATE LIMITED
50.0% win rate
2
₹10.56 Lakh
2
100.0%
1
₹4.26 Lakh
TRACKNOVATE MOBILE RESOURCE MANAGEMENT PRIVATE LIMITED
Total Bids
2
₹10.56 Lakh
Qualified
2
100.0%
Wins
1
₹4.26 Lakh
50.0% win rate
REEF TECHNOLOGIES
0.0% win rate
3
₹6.08 Lakh
0
0.0%
0
₹0
REEF TECHNOLOGIES
Total Bids
3
₹6.08 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
EWIT INFOTECH
0.0% win rate
2
₹1.82 Lakh
0
0.0%
0
₹0
EWIT INFOTECH
Total Bids
2
₹1.82 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
PATIO DIGITAL PRIVATE LIMITED
0.0% win rate
2
₹7.80 Lakh
1
50.0%
0
₹0
PATIO DIGITAL PRIVATE LIMITED
Total Bids
2
₹7.80 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
UMBRELLA PROTECTION SYSTEMS PRIVATE LIMITED
0.0% win rate
2
₹10.56 Lakh
1
50.0%
0
₹0
UMBRELLA PROTECTION SYSTEMS PRIVATE LIMITED
Total Bids
2
₹10.56 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
ICARE IT SOLUTIONS
0.0% win rate
1
₹32K
0
0.0%
0
₹0
ICARE IT SOLUTIONS
Total Bids
1
₹32K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
SEVASHRAI VALMIKI SAMAJ SEVA
0.0% win rate
1
₹32K
0
0.0%
0
₹0
SEVASHRAI VALMIKI SAMAJ SEVA
Total Bids
1
₹32K
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
QTLOADS TECH & TRANSIT PRIVATE LIMITED
0.0% win rate
1
₹6.30 Lakh
1
100.0%
0
₹0
QTLOADS TECH & TRANSIT PRIVATE LIMITED
Total Bids
1
₹6.30 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
ROADCAST TECH SOLUTIONS PRIVATE LIMITED
0.0% win rate
1
₹6.30 Lakh
1
100.0%
0
₹0
ROADCAST TECH SOLUTIONS PRIVATE LIMITED
Total Bids
1
₹6.30 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU72900HR2016PTC063685
Class
Private
Status
Active
Founded2016

Financial Details

Authorized Capital₹1.0L
Paid-up Capital₹1.0L

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

NIC Code72900

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Delhi
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

63

Qualified: 23
Q Rate: 36.5%

Contract Value

₹11.08 Cr

Avg. Bid: ₹100K
Avg. EMD: ₹0

L1 Bids

12

Win Rate: 19.0%
Q to W Ratio: 52.2%

Recent Win Rate

0.0%

Change: -9.5%
Period: FY 2024-25

Performance Analytics

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

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.