RFLY Innovations Private Limited: Government Tender Analysis

RFLY Innovations Private Limited has positioned itself as a notable player in the government tender landscape, actively participating in public sector procurement. With 40 bids submitted, the company's tender history provides valuable insights into its qualification efficiency, market competitiveness, and specialized sector engagement.

Dominating L1 Bids: 12 Government Contract Wins

RFLY Innovations has successfully achieved 12 L1 positions in government tenders, indicating a strategic and competitive bidding approach. Their 30.0% win rate across 40 tender participations demonstrates a consistent track record in government procurement. The absence of L2 and L3 rankings points to a focused approach on securing primary contract positions.

Financial Performance in Government Tenders

The company has targeted contracts totaling ₹21,16,48,190.0, successfully securing ₹11,683,800.0 in government contract value. While the overall conversion rate seems low based on total vs secured, a closer look at recent performance shows improvements. The average Earnest Money Deposit (EMD) of ₹45,881.82 confirms their financial capability to handle substantial tenders with significant bid security requirements.

Strategic Government Procurement Focus

RFLY Innovations demonstrates a focused regional strategy, particularly in West Bengal, Punjab, and Gujarat government tenders. Their engagement with key departments like the Department Of Military Affairs, Department Of Higher Education, and Central Armed Police Forces reflects a strategic alignment with specific procurement needs. Experience bidding with organizations such as the Indian Army and Indian Institutes Of Science Education And Research (IISER) indicates adaptability to diverse procurement processes.