Prova Technotrade: Government Tender Performance Analysis

Prova Technotrade Private Limited is establishing a strong presence in the Indian government tender ecosystem, participating in 3 tenders. This analysis examines their tender participation, technical qualification rate, and procurement strategy between FY2022-23 and FY2024-25.

Exceptional Tender Success Rate: 66.7%

Prova Technotrade demonstrates exceptional government tender performance with a win ratio of 66.7% from FY2022-23 to FY2024-25. Out of 3 tenders, they secured 2 L1 positions, establishing themselves as a competitive government contractor. They have not secured any L2 or L3 positions, underscoring their ability to offer competitive pricing. This tender performance metrics positions them favorably within the Indian [industry] sector.

Financial Performance in Government Tenders

Prova Technotrade has bid on contracts with a total value of ₹1,20,96,675.0, successfully securing ₹1,20,96,675.0 in government contract value. This represents a 100.0% conversion rate from bid value to won contracts, demonstrating their effectiveness in securing valuable public sector projects. This data covers the period from FY2022-23 to FY2024-25.

Specialized Government Procurement Focus

Their tender history includes engagement with the Department Of Atomic Energy, Department Of Defence Research & Development, and Department Of Higher Education, where they have demonstrated procurement expertise between FY2022-23 and FY2024-25.