optrica creative ventures 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 11 bids — DHEERAJ KUMAR appeared in 3 of them.
OPTRICA CREATIVE VENTURES PRIVATE LIMITED
OPTRICA CREATIVE VENTURES PRIVATE LIMITED
Financial Details
Registered Office
Ward No. 3, Ulao, BegusaraiBiharUllao-Begusarai-Bihar-851134-India
Industry Classification
Construction
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
18
Contract Value
₹40.61 Cr
L1 Bids
10
Recent Win Rate
50.0%
Performance Analytics
Optrica Creative Ventures: Government Tender Analysis
Optrica Creative Ventures Private Limited is emerging as a notable player in the Indian government procurement landscape. With a strong focus on tenders related to the Ministry of Petroleum and Natural Gas, particularly with Indian Oil Corporation Limited, Optrica has demonstrated consistent success in securing government contracts.
Executive Summary
From April 2019 to March 2024, Optrica Creative Ventures participated in 18 government tenders. The company achieved a remarkable win rate of 55.6%, securing 10 L1 bids. This success highlights their competitive pricing and effective bidding strategies. Their technical qualification rate stands at 88.9%, indicating a strong understanding of government tender requirements. The total value of contracts bid on is ₹40,60,61,709, with a 100% conversion rate to secured contracts of the same value, showcasing their efficiency in targeting and winning valuable projects. TenderAI's financial health assessment gives Optrica a score of 68.4, categorized as 'Good,' factoring in win rate, contract value, and bid efficiency.
Optrica's market positioning is particularly strong within the Ministry of Petroleum and Natural Gas, specifically tenders floated by Indian Oil Corporation Limited. Their specialization in this sector allows them to leverage expertise and optimize their bidding approach. Competitor analysis reveals key rivals such as SHREE KRISHNA ENTERPRISES and GLOBAL SECURITY AND PLACE MENT SERVICE, against whom Optrica needs to refine its strategies.
Key Performance Highlights
- Win Rate (April 2019 - March 2024): 55.6% (10 out of 18 bids won)
- Technical Qualification Rate (April 2019 - March 2024): 88.9% (16 out of 18 bids qualified)
- Total Contract Value (April 2019 - March 2024): ₹40,60,61,709