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placid technologies Tender Performance & Track Record

placid technologies

Tender Performance & Track Record

Company Overview

Summary
Placid Technologies Government Tender Profile With a substantial portfolio of 132 government tender participations, Placid Technologies has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids28
Value₹2.53Cr

Qualified Bids / Q Rate

Bids24
Q Rate85.7%

Total Wins / Win Value

Win8
Value₹94.72L

Wins Rate / Q-W Rate

Rate28.6%
Q-W Rate33.3%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

7.1% win rate
14
₹99.94 Lakh
12
1
₹4.47 Lakh

Ministry of Defence

Bids
14
₹99.94 Lakh
Qualified
12
Wins
1
₹4.47 Lakh
7.1% win rate

Ministry of Petroleum and Natural Gas

50.0% win rate
8
₹47.77 Lakh
8
4
₹19.04 Lakh

Ministry of Petroleum and Natural Gas

Bids
8
₹47.77 Lakh
Qualified
8
Wins
4
₹19.04 Lakh
50.0% win rate

Ministry of Heavy Industries and Public Enterprises

50.0% win rate
4
₹75.72 Lakh
2
2
₹44.10 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹75.72 Lakh
Qualified
2
Wins
2
₹44.10 Lakh
50.0% win rate

Ministry of Communications

100.0% win rate
1
₹27.11 Lakh
1
1
₹27.11 Lakh

Ministry of Communications

Bids
1
₹27.11 Lakh
Qualified
1
Wins
1
₹27.11 Lakh
100.0% win rate

Ministry of Science and Technology

0.0% win rate
1
₹2.74 Lakh
1
0
₹0

Ministry of Science and Technology

Bids
1
₹2.74 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 28 bids — VBOTS LLC appeared in 5 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PLACID TECHNOLOGIES

Your Company
28.6% win rate
28
₹2.53 Cr
24
85.7%
8
₹94.72 Lakh

PLACID TECHNOLOGIES

Your Company
Total Bids
28
₹2.53 Cr
Qualified
24
85.7%
Wins
8
₹94.72 Lakh
28.6% win rate
VBOTS LLC
40.0% win rate
5
₹36.84 Lakh
3
60.0%
2
₹23.43 Lakh
VBOTS LLC
Total Bids
5
₹36.84 Lakh
Qualified
3
60.0%
Wins
2
₹23.43 Lakh
40.0% win rate
SMARTECH INFRA SOLUTIONS
50.0% win rate
4
₹31.01 Lakh
4
100.0%
2
₹21.21 Lakh
SMARTECH INFRA SOLUTIONS
Total Bids
4
₹31.01 Lakh
Qualified
4
100.0%
Wins
2
₹21.21 Lakh
50.0% win rate
CITO INFOTECH PRIVATE LIMITED
50.0% win rate
2
₹13.12 Lakh
2
100.0%
1
₹10.50 Lakh
CITO INFOTECH PRIVATE LIMITED
Total Bids
2
₹13.12 Lakh
Qualified
2
100.0%
Wins
1
₹10.50 Lakh
50.0% win rate
ESTEEM360 ZONE PRIVATE LIMITED
20.0% win rate
5
₹35.46 Lakh
1
20.0%
1
₹6.20 Lakh
ESTEEM360 ZONE PRIVATE LIMITED
Total Bids
5
₹35.46 Lakh
Qualified
1
20.0%
Wins
1
₹6.20 Lakh
20.0% win rate
SMK TECH SOLUTIONS
50.0% win rate
4
₹14.29 Lakh
3
75.0%
2
₹4.09 Lakh
SMK TECH SOLUTIONS
Total Bids
4
₹14.29 Lakh
Qualified
3
75.0%
Wins
2
₹4.09 Lakh
50.0% win rate
PATHCOM TECHNOLOGIES PRIVATE LIMITED
15.4% win rate
13
₹95.82 Lakh
12
92.3%
2
₹3.97 Lakh
PATHCOM TECHNOLOGIES PRIVATE LIMITED
Total Bids
13
₹95.82 Lakh
Qualified
12
92.3%
Wins
2
₹3.97 Lakh
15.4% win rate
SACAYA TECHNOLOGIES PRIVATE LIMITED
0.0% win rate
4
₹51.69 Lakh
1
25.0%
0
₹0
SACAYA TECHNOLOGIES PRIVATE LIMITED
Total Bids
4
₹51.69 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
JOREX LOREX INDIA PRIVATE LIMITED
0.0% win rate
3
₹18.19 Lakh
0
0.0%
0
₹0
JOREX LOREX INDIA PRIVATE LIMITED
Total Bids
3
₹18.19 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
EWIT INFOTECH
0.0% win rate
2
₹10.20 Lakh
1
50.0%
0
₹0
EWIT INFOTECH
Total Bids
2
₹10.20 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
RAVINDRA PRASHANTH SOLUTIONS AND SERVICES
0.0% win rate
2
₹22.16 Lakh
1
50.0%
0
₹0
RAVINDRA PRASHANTH SOLUTIONS AND SERVICES
Total Bids
2
₹22.16 Lakh
Qualified
1
50.0%
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

132

Qualified: 102
Q Rate: 77.3%

Contract Value

₹14.94 Cr

Avg. Bid: ₹11.13 Lakh
Avg. EMD: ₹33K

L1 Bids

38

Win Rate: 28.8%
Q to W Ratio: 37.3%

Recent Win Rate

29.6%

Change: -5.8%
Period: FY 2024-25

Performance Analytics

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

Placid Technologies Government Tender Profile

With a substantial portfolio of 132 government tender participations, Placid Technologies has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 38 Contract Wins

Placid Technologies has successfully secured 38 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 28.8% across 132 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Placid Technologies has bid on contracts with a total value of ₹,14,93,67,116.0, successfully securing ₹,14,93,67,116.0 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.

The company's average Earnest Money Deposit (EMD) of ₹,33,224.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus