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ray speed solutions private limited Tender Performance & Track Record

CIN: U74990GJ2019PTC106336
Active
Private
Company limited by shares

ray speed solutions private limited

Tender Performance & Track Record

CIN: U74990GJ2019PTC106336
Active
Private
Company limited by shares

Company Overview

Summary
Ray Speed Solutions: Government Tender Performance Analysis Executive Summary: Ray Speed Solutions Private Limited is an emerging player in the Indian government tender ecosystem, participating in 9 tenders between April 2022 and March 2025. While their current win rate is 0.0%, they demonstrate a strong technical qualification rate of 88.9%, indicating a solid understanding of procurement requirements. The company has bid on contracts totaling ₹21,42,47,768. Their financial health score, assessed by TenderAI, is currently 30.0, categorized as 'Critical', reflecting the need for improved win rates and bid efficiency. Ray Speed Solutions' tender participation is primarily focused on the Ministry of Mines and the Ministry of Petroleum and Natural Gas.
Primary Ministry: Ministry of MinesPrimary Department: N/A
Founded: 2019State: GUJARAT
Primary Ministry:
Ministry of Mines
Primary Department:
N/A
Founded:2019
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids7
Value₹14.58Cr

Qualified Bids / Q Rate

Bids7
Q Rate100.0%

Total Wins / Win Value

Win0
Value₹0

Wins Rate / Q-W Rate

Rate0.0%
Q-W Rate0.0%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Mines

0.0% win rate
5
₹14.48 Cr
5
0
₹0

Ministry of Mines

Bids
5
₹14.48 Cr
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
2
₹10.62 Lakh
2
0
₹0

Ministry of Petroleum and Natural Gas

Bids
2
₹10.62 Lakh
Qualified
2
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 7 bids — GAVESHANA GEOSCIENCES PRIVATE LIMITED appeared in 5 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

RAY SPEED SOLUTIONS PRIVATE LIMITED

Your Company
0.0% win rate
7
₹14.58 Cr
7
100.0%
0
₹0

RAY SPEED SOLUTIONS PRIVATE LIMITED

Your Company
Total Bids
7
₹14.58 Cr
Qualified
7
100.0%
Wins
0
₹0
0.0% win rate
GAVESHANA GEOSCIENCES PRIVATE LIMITED
60.0% win rate
5
₹9.89 Cr
4
80.0%
3
₹4.97 Cr
GAVESHANA GEOSCIENCES PRIVATE LIMITED
Total Bids
5
₹9.89 Cr
Qualified
4
80.0%
Wins
3
₹4.97 Cr
60.0% win rate
CELESTIAL HORIZON LLP
50.0% win rate
2
₹7.77 Cr
2
100.0%
1
₹4.65 Cr
CELESTIAL HORIZON LLP
Total Bids
2
₹7.77 Cr
Qualified
2
100.0%
Wins
1
₹4.65 Cr
50.0% win rate
SHIJAY PROJECTS INDIA PRIVATE LIMITED
25.0% win rate
4
₹6.78 Cr
3
75.0%
1
₹2.11 Cr
SHIJAY PROJECTS INDIA PRIVATE LIMITED
Total Bids
4
₹6.78 Cr
Qualified
3
75.0%
Wins
1
₹2.11 Cr
25.0% win rate
PARSAN OVERSEAS PRIVATE LIMITED
0.0% win rate
3
₹4.97 Cr
2
66.7%
0
₹0
PARSAN OVERSEAS PRIVATE LIMITED
Total Bids
3
₹4.97 Cr
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
GEOMARINE DYNAMICS (INDIA) PRIVATE LIMITED
0.0% win rate
3
₹6.00 Cr
1
33.3%
0
₹0
GEOMARINE DYNAMICS (INDIA) PRIVATE LIMITED
Total Bids
3
₹6.00 Cr
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
ARK SERVICES PRIVATE LIMITED
0.0% win rate
2
₹3.89 Cr
0
0.0%
0
₹0
ARK SERVICES PRIVATE LIMITED
Total Bids
2
₹3.89 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
PD CONSULTING ENGINEERS PRIVATE LIMITED
0.0% win rate
2
₹3.89 Cr
0
0.0%
0
₹0
PD CONSULTING ENGINEERS PRIVATE LIMITED
Total Bids
2
₹3.89 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
ALPHAGEO (INDIA) LIMITED
0.0% win rate
2
₹4.92 Cr
2
100.0%
0
₹0
ALPHAGEO (INDIA) LIMITED
Total Bids
2
₹4.92 Cr
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
GEOCUBE CONSULTING LLP
0.0% win rate
2
₹6.43 Cr
2
100.0%
0
₹0
GEOCUBE CONSULTING LLP
Total Bids
2
₹6.43 Cr
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
EHM CONSULTANCY PRIVATE LIMITED
0.0% win rate
2
₹5.93 Cr
1
50.0%
0
₹0
EHM CONSULTANCY PRIVATE LIMITED
Total Bids
2
₹5.93 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU74990GJ2019PTC106336
Class
Private
Status
Active
Founded2019

Financial Details

Authorized Capital₹1.0L
Paid-up Capital₹1.0L

Registered Office

G-303, Park Plaza, Near Saurabh Park B/h Samta FlatsNA-VADODARA-Gujarat-390023-India

Industry Classification

Business Services

NIC Code74990

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

9

Qualified: 8
Q Rate: 88.9%

Contract Value

₹21.42 Cr

Avg. Bid: ₹0
Avg. EMD: ₹0

L1 Bids

0

Win Rate: 0.0%
Q to W Ratio: 0.0%

Recent Win Rate

0.0%

Change: 0.0%
Period: FY 2024-25

Performance Analytics

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

Ray Speed Solutions: Government Tender Performance Analysis

Executive Summary:
Ray Speed Solutions Private Limited is an emerging player in the Indian government tender ecosystem, participating in 9 tenders between April 2022 and March 2025. While their current win rate is 0.0%, they demonstrate a strong technical qualification rate of 88.9%, indicating a solid understanding of procurement requirements. The company has bid on contracts totaling ₹21,42,47,768. Their financial health score, assessed by TenderAI, is currently 30.0, categorized as 'Critical', reflecting the need for improved win rates and bid efficiency. Ray Speed Solutions' tender participation is primarily focused on the Ministry of Mines and the Ministry of Petroleum and Natural Gas. Their market positioning indicates potential for growth with strategic adjustments to their bidding approach. The focus keyword for the company is Ray Speed Solutions Tenders in Indian Government sector.

Financial Performance Analysis

Ray Speed Solutions' financial performance in government tenders shows a growing participation trend, especially in the fiscal year FY2024-25. Although the company has yet to secure a win, the increasing bid volume suggests a growing interest in government procurement opportunities. A detailed year-on-year comparison is shown below:

YearBid CountWin CountQualification RateTotal Contract Value (₹)
FY 2022-2310100.0%3,88,77,696
FY 2023-24100.0%2,95,57,222
FY 2024-2570100.0%14,58,12,850