noventiq services india private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 25 bids — SONATA INFORMATION TECHNOLOGY LIMITED appeared in 10 of them.
NOVENTIQ SERVICES INDIA PRIVATE LIMITED
NOVENTIQ SERVICES INDIA PRIVATE LIMITED
Financial Details
Registered Office
A-614, Kanakia Wallstreet, Chakala, Andheri Kurla Road, Hanuman Nagar, Andheri EastNA-Mumbai-Maharashtra-400093-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
89
Contract Value
₹1930.12 Cr
L1 Bids
17
Recent Win Rate
26.1%
Performance Analytics
NOVENTIQ SERVICES INDIA PRIVATE LIMITED: Government Tender Performance Analysis
Noventiq Services India Private Limited, a key player in the Indian IT services sector, exhibits a strategic presence in government tenders. This comprehensive analysis, powered by TenderAI, delves into their bidding performance, financial metrics, and competitive landscape within the Indian government procurement ecosystem. Noventiq's experience in government contracts positions them as a noteworthy IT services provider.
From April 2018 to March 2025, Noventiq Services India participated in 89 government tenders, achieving a qualification rate of 87.6%, with 78 bids successfully meeting technical and compliance requirements. Their overall win rate stands at 19.1%, resulting in 17 L1 wins, indicating a solid foundation in securing government contracts. The company's financial health is assessed as 'Satisfactory,' with a TenderAI score of 54.3/100 based on factors like win rate, contract value, bid efficiency, growth, and consistency.
Noventiq's tender focus is concentrated within the Ministry of Finance, particularly the Department of Financial Services, where they have demonstrated significant procurement expertise. Their active engagement with Bharat Petroleum Corporation Ltd and Power Grid Corporation Of India Limited highlights their adaptability to diverse organizational requirements. The company's experience includes participating in 38 major procurement projects with a value of ₹16,011.25 crore, showcasing their capacity for high-value government contracts.
Financial Performance Analysis
Yearly Trends
Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |
---|---|---|---|---|---|
FY 2018-19 | 0 | 0 | 0.0% | 0.0% | ₹0 |