recency solution private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 20 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 4 bids — ALTOP INDUSTRIES appeared in 2 of them.
RECENCY SOLUTION PRIVATE LIMITED
RECENCY SOLUTION PRIVATE LIMITED
Financial Details
Registered Office
FIRST FLOOR, DEVENDRA BHAWAN, NEAR GIRLS HIGH SCHOOL, SHANTI NAGARNA-RAIPUR-Chattisgarh-492001-India
Industry Classification
Business Services
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
40
Contract Value
₹5.22 Cr
L1 Bids
16
Recent Win Rate
33.3%
Performance Analytics
Government Tender Analysis: Recency Solution Private Limited
Recency Solution Private Limited has emerged as an active participant in the Indian government procurement landscape, submitting bids for 40 government tenders. This tender performance analysis provides a comprehensive overview of Recency Solution's success in securing government contracts, offering valuable insights for procurement officers, industry stakeholders, and potential investors. Their performance highlights a strong qualification rate, strategic pricing, and specialization in specific product/service categories.
Key Performance Metrics:
- Win Rate: Recency Solution boasts a 40.0% win rate across 40 tender participations between April 2018 and March 2025, demonstrating their effectiveness in converting bids into secured contracts.
- Qualification Rate: A high 87.5% qualification rate indicates Recency Solution's strong compliance capabilities and understanding of public procurement specifications, with 35 out of 40 tenders successfully qualified.
- Contract Value: The company has secured ₹5,21,93,641.0 (₹5.21 crore) in government contracts from April 2018 to March 2025, showcasing their ability to target and secure valuable public sector projects.
- Financial Health: TenderAI's assessment gives Recency Solution a "Good" financial health score of 70.1/100, based on win rate, contract value, bid efficiency, growth, and consistency.
Market Positioning:
Recency Solution operates primarily in the Chhattisgarh region, engaging with various ministries and departments. Their tender history includes significant engagement with Ministry of Steel, Health and Family Welfare Department Chhattisgarh, and Nmdc Limited, indicating a specialized focus on these sectors. They have achieved 16 L1 wins in government tenders, further solidifying their position in the market.