space plus design labs 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
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 8 bids — ARTLAB INDIA PRIVATE LIMITED appeared in 2 of them.
SPACE PLUS DESIGN LABS PRIVATE LIMITED
SPACE PLUS DESIGN LABS PRIVATE LIMITED
Financial Details
Registered Office
F-18, SOUTH CITY SOHNA ROADNA-GURGAON-Haryana-122018-India
Industry Classification
Manufacturing (Others)
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
7
Contract Value
₹5.42 Cr
L1 Bids
2
Recent Win Rate
28.6%
Performance Analytics
Space Plus Design Labs: Government Tender Performance Analysis
Space Plus Design Labs Private Limited is making inroads in India's government tender ecosystem, evidenced by participation in 7 tenders. This business analysis report examines their early tender participation, qualification successes, financial performance, and emerging procurement strategy. It focuses on delivering actionable insights for enhanced business growth strategy.
Government Tender Performance Development
Space Plus Design Labs has secured 2 L1 positions, demonstrating their competitiveness in pricing. With a 28.6% tender success rate across 7 bids, the company is actively developing its government procurement capabilities. These indicators reveal their competitive approach within the public sector procurement landscape. They also show their performance in furniture manufacturing tenders.
Financial Performance: Securing Crores in Government Contracts
Space Plus Design Labs's financial performance in government tenders is noteworthy. The company has bid on contracts totaling ₹5,42,01,834.0, successfully securing ₹5,42,01,834.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting valuable public sector projects. The average Earnest Money Deposit (EMD) of ₹57,000.0 suggests their financial capacity to handle substantial government tenders. This financial analysis shows stable footing for future growth.
Strategic Government Procurement Focus
The company has established a regional presence in Jharkhand government tenders, indicating geographic specialization in its public procurement strategy. Their tender history shows significant engagement with the Department of Agricultural Research and Education (DARE), Indian Oil Corporation Limited, and the Department of Biotechnology (DBT), demonstrating specialized procurement expertise. They have experience bidding with the Bio-Processing Unit (Bpu) and the Indian Council Of Agricultural Research (Icar), highlighting familiarity with diverse organizational procurement requirements.