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optiex iot solutions Tender Performance & Track Record

optiex iot solutions

Tender Performance & Track Record

Company Overview

Summary
Optiex Iot Solutions: Government Tender Performance Analysis Optiex Iot Solutions has begun establishing presence in India's government tender ecosystem with participation in 6 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.
Primary Ministry: Ministry of Petroleum and Natural GasPrimary Department: INDIAN OIL CORPORATION LIMITED
Primary Ministry:
Ministry of Petroleum and Natural Gas
Primary Department:
INDIAN OIL CORPORATION LIMITED

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids7
Value₹3.48Cr

Qualified Bids / Q Rate

Bids5
Q Rate71.4%

Total Wins / Win Value

Win1
Value₹2.10Cr

Wins Rate / Q-W Rate

Rate14.3%
Q-W Rate20.0%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Petroleum and Natural Gas

0.0% win rate
5
₹1.33 Cr
4
0
₹0

Ministry of Petroleum and Natural Gas

Bids
5
₹1.33 Cr
Qualified
4
Wins
0
₹0
0.0% win rate

Ministry of Defence

0.0% win rate
1
₹4.93 Lakh
0
0
₹0

Ministry of Defence

Bids
1
₹4.93 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

100.0% win rate
1
₹2.10 Cr
1
1
₹2.10 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
1
₹2.10 Cr
Qualified
1
Wins
1
₹2.10 Cr
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 7 bids — IOTAS SOLUTIONS PRIVATE LIMITED appeared in 1 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

OPTIEX IOT SOLUTIONS

Your Company
14.3% win rate
7
₹3.48 Cr
5
71.4%
1
₹2.10 Cr

OPTIEX IOT SOLUTIONS

Your Company
Total Bids
7
₹3.48 Cr
Qualified
5
71.4%
Wins
1
₹2.10 Cr
14.3% win rate
IOTAS SOLUTIONS PRIVATE LIMITED
100.0% win rate
1
₹62.63 Lakh
1
100.0%
1
₹62.63 Lakh
IOTAS SOLUTIONS PRIVATE LIMITED
Total Bids
1
₹62.63 Lakh
Qualified
1
100.0%
Wins
1
₹62.63 Lakh
100.0% win rate
ADVANCETECH INDIA PRIVATE LIMITED
100.0% win rate
1
₹25.65 Lakh
1
100.0%
1
₹25.65 Lakh
ADVANCETECH INDIA PRIVATE LIMITED
Total Bids
1
₹25.65 Lakh
Qualified
1
100.0%
Wins
1
₹25.65 Lakh
100.0% win rate
INNOVATIVE ENGINEERS
33.3% win rate
3
₹44.74 Lakh
2
66.7%
1
₹7.24 Lakh
INNOVATIVE ENGINEERS
Total Bids
3
₹44.74 Lakh
Qualified
2
66.7%
Wins
1
₹7.24 Lakh
33.3% win rate
FOX SOLUTIONS PRIVATE LIMITED
50.0% win rate
2
₹37.50 Lakh
2
100.0%
1
₹7.20 Lakh
FOX SOLUTIONS PRIVATE LIMITED
Total Bids
2
₹37.50 Lakh
Qualified
2
100.0%
Wins
1
₹7.20 Lakh
50.0% win rate
M/S FOXBORO INSTRUMENT COMPANY
0.0% win rate
1
₹30.30 Lakh
0
0.0%
0
₹0
M/S FOXBORO INSTRUMENT COMPANY
Total Bids
1
₹30.30 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
WIKA INSTRUMENTS INDIA PRIVATE LIMITED
0.0% win rate
1
₹2.10 Cr
0
0.0%
0
₹0
WIKA INSTRUMENTS INDIA PRIVATE LIMITED
Total Bids
1
₹2.10 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
ADLITE ELECTRICALS
0.0% win rate
1
₹7.20 Lakh
1
100.0%
0
₹0
ADLITE ELECTRICALS
Total Bids
1
₹7.20 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
SIEMENS LIMITED
0.0% win rate
1
₹2.10 Cr
0
0.0%
0
₹0
SIEMENS LIMITED
Total Bids
1
₹2.10 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
ACADEMY OF EMBEDDED TECHNOLOGY PRIVATE LIMITED
0.0% win rate
1
₹25.65 Lakh
0
0.0%
0
₹0
ACADEMY OF EMBEDDED TECHNOLOGY PRIVATE LIMITED
Total Bids
1
₹25.65 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
CELLCOMM SOLUTIONS LIMITED
0.0% win rate
1
₹25.65 Lakh
1
100.0%
0
₹0
CELLCOMM SOLUTIONS LIMITED
Total Bids
1
₹25.65 Lakh
Qualified
1
100.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

6

Qualified: 4
Q Rate: 66.7%

Contract Value

₹2.85 Cr

Avg. Bid: ₹2.10 Cr
Avg. EMD: ₹0

L1 Bids

1

Win Rate: 16.7%
Q to W Ratio: 25.0%

Recent Win Rate

16.7%

Change: +16.7%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

Optiex Iot Solutions: Government Tender Performance Analysis

Optiex Iot Solutions has begun establishing presence in India's government tender ecosystem with participation in 6 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Government Tender Performance Development

Optiex Iot Solutions has achieved 1 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 16.7% across 6 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Optiex Iot Solutions has bid on contracts with a total value of ₹2,85,35,214.0, successfully securing ₹2,85,35,214.0 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.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Indian Oil Corporation Limited, Bharat Petroleum Corporation Ltd, Department Of Defence Production, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Oil Corporation Limited, showing familiarity with diverse organizational procurement requirements.