Nexgen Ventures: Government Tender Performance Analysis

Nexgen Ventures has begun establishing presence in India's government tender ecosystem with participation in 4 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 50.0%

Nexgen Ventures demonstrates exceptional government tender performance with an impressive win ratio of 50.0%. Out of 4 tenders, they have secured 2 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Nexgen Ventures has bid on contracts with a total value of ₹2,73,90,408.0, successfully securing ₹2,73,90,408.0 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.

The company's average Earnest Money Deposit (EMD) of ₹1,40,000.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus