ridhitech india private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 47 bids — TECHFRUITS SOLUTIONS PRIVATE LIMITED appeared in 5 of them.
RIDHITECH INDIA PRIVATE LIMITED
RIDHITECH INDIA PRIVATE LIMITED
Financial Details
Registered Office
Malikayil Building,Iranjal Road, KanjikuzhyMuttambalam-Kottayam-Kerala-686004-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
54
Contract Value
₹7.62 Cr
L1 Bids
21
Recent Win Rate
35.0%
Performance Analytics
RIDHITECH INDIA Government Tender Performance Analysis
RIDHITECH INDIA PRIVATE LIMITED showcases a strong presence in the Indian government tender landscape, participating in 51 government tenders. This comprehensive business analysis report provides insights into their bidding performance, tender success patterns, and competitive positioning within the government procurement sector.
Executive Summary
RIDHITECH INDIA PRIVATE LIMITED exhibits a commendable win rate of 39.2% in government tenders, highlighting their effective bidding strategies. The company has secured 20 L1 positions, demonstrating competitive pricing and technical compliance. Their total government contract value secured stands at ₹7,56,64,952.0, reflecting a significant impact on their financial performance. With a specialization in the Kerala region and engagement with key departments like the Department Of Military Affairs, Ridhitech India demonstrates a focused approach to government procurement. This business analysis report examines their strengths, weaknesses, opportunities, and threats, providing strategic recommendations to enhance their market position and business growth strategy within the information technology sector.
Financial Performance of RIDHITECH INDIA
RIDHITECH INDIA's financial performance in government tenders demonstrates steady growth and effective resource allocation. The company's key financial metrics include:
- Total Contract Value: RIDHITECH INDIA has secured ₹7,56,64,952.0 in government contracts, demonstrating a strong ability to convert bids into wins.
- Average Bid Amount: The average bid amount stands at ₹27,27,898.75, showcasing their focus on medium-sized projects.
- Earnest Money Deposit (EMD): With an average EMD of ₹3,48,361.67, Ridhitech India demonstrates the financial capacity to participate in tenders requiring substantial bid security.