red chariots event management and marketing private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 6 bids — HINDUSTAN SIMULATORS appeared in 4 of them.
RED CHARIOTS EVENT MANAGEMENT AND MARKETING PRIVATE LIMITED
RED CHARIOTS EVENT MANAGEMENT AND MARKETING PRIVATE LIMITED
Financial Details
Registered Office
NO. 32, 35TH CROSS STREET, 5TH AVENUE BESANT NAGARNA-CHENNAI-Tamil Nadu-600040-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
15
Contract Value
₹1.64 Cr
L1 Bids
6
Recent Win Rate
33.3%
Performance Analytics
Executive Summary: Red Chariots Event Management and Marketing Private Limited - Government Tender Performance
Red Chariots Event Management and Marketing Private Limited is actively participating in the Indian government tender landscape, demonstrating a strong commitment to public sector projects. Over the period of FY2022-23 to FY2024-25, the company has exhibited impressive tender performance metrics. Their win rate stands at 40.0% based on 15 bids submitted, demonstrating a competitive edge in securing government contracts. Notably, they have achieved a 100.0% qualification rate, indicating robust compliance with tender requirements and a strong understanding of public procurement processes. Their contract value has shown stable performance.
TenderAI's financial health assessment gives Red Chariots a score of 75.9/100, rating their overall financial health as 'Good.' Key components driving this score include a strong win rate and growth, with opportunities for improvement in contract value optimization and bid efficiency.
In the competitive tender landscape, Red Chariots primarily operates within the Ministry of Petroleum and Natural Gas, establishing a focused market position. They demonstrate geographical specialization in Karnataka government tenders. A head-to-head competitive analysis reveals key rivals such as Hindustan Simulators, against whom Red Chariots needs to refine its bidding strategy.
This analysis provides a comprehensive overview of Red Chariots' tender performance, financial health, market positioning, and competitive landscape, offering valuable insights for strategic decision-making and future growth in the Indian government procurement sector.
Financial Performance Analysis
Red Chariots Event Management and Marketing Private Limited's financial performance in government tenders demonstrates a positive trend over recent fiscal years. The following table summarizes their key performance metrics: