medbit technologies 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 8 bids — TATA ADVANCED SYSTEMS LIMITED appeared in 4 of them.
MEDBIT TECHNOLOGIES PRIVATE LIMITED
MEDBIT TECHNOLOGIES PRIVATE LIMITED
Financial Details
Registered Office
808, L&T BUILDING SECTOR - 18B, DWARKANA-NEW DELHI-Delhi-110078-India
Industry Classification
Community, personal & Social 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
29
Contract Value
₹186.42 Cr
L1 Bids
5
Recent Win Rate
0.0%
Performance Analytics
Medbit Technologies Private Limited: Government Tender Analysis
Executive Summary:
Medbit Technologies Private Limited has actively participated in the Indian government procurement landscape, submitting bids for 29 government tenders between April 2018 and March 2025. Analysis of their tender performance reveals a 17.2% win rate and a 48.3% qualification rate. The company has secured contracts worth ₹186.42 crore during this period. Their financial health is assessed as 'Satisfactory' with a TenderAI score of 54.7/100, based on win rate, contract value, bid efficiency, growth, and consistency.
Medbit Technologies' market positioning shows a developing presence in the government sector, with notable engagement in high-value contracts. Their primary focus has been on tenders from the Ministry of Defence, particularly the Department of Military Affairs, Central Armed Police Forces, and Home Department Odisha.
The company demonstrates a strong capability in securing valuable public sector projects. Their early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape. The company has bid on contracts with a total value of ₹186.42 crore, successfully securing ₹186.42 crore in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.
Financial Performance Analysis
Yearly Trends
Medbit Technologies' yearly financial performance in government tenders is shown below: