Platinium Tie-Up Private Limited: Government Tender Analysis

Executive Summary

Platinium Tie-Up Private Limited is an active participant in the Indian government tender landscape, having submitted 12 bids between FY2020-21 and FY2024-25. The company boasts a 100.0% qualification rate, successfully clearing the technical evaluation round for all submitted tenders. While their win rate is 0.0%, the company has demonstrated the capacity to bid on high-value contracts, with a total contract value of ₹608.47 crore. Their financial health score, assessed by TenderAI, stands at 15.0, indicating a 'Critical' status, primarily due to the lack of successful bid conversions.

The company's strength lies in its ability to meet the technical requirements of tenders, showcasing a clear understanding of government procurement specifications. They have concentrated their efforts on tenders from the Ministry of Chemicals and Fertilizers, the Department of Fertilizers, Indian Oil Corporation Limited, and the Food Civil Supplies and Consumer Protection Department Madhya Pradesh, indicating a specialization in these sectors. Their participation in 5 major procurement projects suggests a capability to handle complex project requirements.

However, the company's 0.0% win rate suggests a need for strategic improvements in their bidding approach, particularly in pricing strategies and competitive positioning. The competitive landscape is intense, with strong players like SHRI KHEMISATI POLYSACKS PRIVATE LIMITED and MMT POLYPACKS PRIVATE LIMITED frequently encountered. By addressing these weaknesses and capitalizing on their qualification strengths, Platinium Tie-Up can significantly enhance its success rate in the Indian government tender market.

Financial Performance Analysis

Yearly Trends

| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |