novomed incorporation 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 37 bids — LAB MEDICA HEALTHCARE LLP appeared in 4 of them.
NOVOMED INCORPORATION PRIVATE LIMITED
NOVOMED INCORPORATION PRIVATE LIMITED
Financial Details
Registered Office
12, SHRINATH KUNJ, SILVER SAND BUNGLOW DARIYALAL SOCIETY, JUHU TARA ROAD, JUHUNA-MUMBAI-Maharashtra-400049-India
Industry Classification
Trading
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
131
Contract Value
₹21.82 Cr
L1 Bids
37
Recent Win Rate
21.9%
Performance Analytics
NOVOMED INCORPORATION PRIVATE LIMITED: Comprehensive Business Analysis
NOVOMED INCORPORATION PRIVATE LIMITED demonstrates a strong presence in the government tender landscape, securing significant contract value with a notable 28.2% win rate. This report delivers an in-depth business analysis, covering financial performance, competitive landscape, and strategic recommendations for sustained growth.
Executive Summary
NOVOMED INCORPORATION PRIVATE LIMITED exhibits a robust engagement in India's public procurement sector, participating in 131 government tenders. The company has achieved a commendable win rate of 28.2%, securing 37 L1 positions. Their financial performance includes winning contracts with a total value of ₹21,82,12,981.0, showcasing their ability to convert bids into substantial project wins. Despite a recent 64.6% decline in contract value compared to the previous period, their financial health remains satisfactory with a score of 60.1/100. This analysis provides strategic insights and actionable recommendations to bolster their competitive positioning and optimize their tendering strategy.
Financial Performance
Overall Metrics
NOVOMED INCORPORATION PRIVATE LIMITED has demonstrated a consistent track record in securing government contracts. Key financial metrics include:
- Total Bids: 131