novus remedies 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 18 bids — SHRI SAI ELECTRICAL appeared in 4 of them.
NOVUS REMEDIES PRIVATE LIMITED
NOVUS REMEDIES PRIVATE LIMITED
Financial Details
Registered Office
OFFICE NO. 103 A WING DLH JUNCTION OF EVERSUN CHSL J P ROAD SAHAKAR NAGAR ANDHERI WESTNA-MUMBAI-Maharashtra-400053-India
Industry Classification
Electricity, Gas & Water companies
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
45
Contract Value
₹47.56 Cr
L1 Bids
5
Recent Win Rate
7.1%
Performance Analytics
NOVUS REMEDIES PRIVATE LIMITED: Comprehensive Government Tender Analysis - 11.1% Win Rate, ₹47.5Cr Secured
This report delivers an in-depth government tender analysis for NOVUS REMEDIES PRIVATE LIMITED, revealing critical performance metrics across 45 bids. Key insights cover qualification rates, competitive positioning, and specialization in the electricity, gas & water companies sector. Learn how Novus Remedies navigates the government procurement landscape and their tender performance metrics.
Executive Summary: NOVUS REMEDIES PRIVATE LIMITED Financial Performance and Strategic Positioning
NOVUS REMEDIES PRIVATE LIMITED actively participates in public sector procurement, having submitted bids for 45 government tenders. The company has achieved 5 L1 positions, securing contracts with a total value of ₹47,56,45,894.0. Their win rate stands at 11.1%, indicating room for strategic refinement. A deeper dive into their financial performance and competitive positioning in the electricity, gas & water companies sector reveals both strengths and areas for improvement in their business growth strategy.
1. Financial Performance Analysis
1.1. Key Financial Metrics
- Total Contract Value: NOVUS REMEDIES PRIVATE LIMITED has secured ₹47,56,45,894.0 in government contracts.
- Win Rate: The company's win rate is currently at 11.1% across 45 bids.
- Average Earnest Money Deposit (EMD): The average EMD is ₹3,37,085.5, indicating their capacity to bid on substantial tenders.