third wave ruggedtech 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 49 bids — VIBHATSU TECHNOLOGIES appeared in 8 of them.
THIRD WAVE RUGGEDTECH PRIVATE LIMITED
THIRD WAVE RUGGEDTECH PRIVATE LIMITED
Financial Details
Registered Office
Unit No.307, 'A' Wing Building No. l-A Aqualine IT/ITES- Special Economic Zone, Village;CobaNA-Gandhinagar-Gujarat-382009-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
106
Contract Value
₹132.34 Cr
L1 Bids
73
Recent Win Rate
70.7%
Performance Analytics
Third Wave Ruggedtech: Comprehensive Government Tender Analysis
This report delivers an in-depth business analysis of Third Wave Ruggedtech Private Limited's participation in government tenders, highlighting their impressive 69.5% win rate and total secured contracts exceeding ₹132 Crores. This robust industry sector business analysis examines key financial metrics, competitive landscape, strengths, weaknesses, opportunities, and strategic recommendations to optimize their business growth strategy in the defense industry sector.
Executive Summary
Third Wave Ruggedtech Private Limited exhibits strong performance in the government tender space, characterized by a 69.5% tender success rate, securing ₹1,32,27,44,514.0 in contract value from 105 bids. The company demonstrates a high technical qualification rate of 88.6%, indicating strong compliance with tender specifications. Their competitive positioning within the defense industry sector is notable, with a specialized focus on tenders from the Department Of Defence Production, Department Of Military Affairs, and Department Of Defence Research & Development.
Financial Performance of Third Wave Ruggedtech
This section examines the financial performance of Third Wave Ruggedtech in the context of government tenders, assessing key metrics and trends impacting their business growth strategy.
- Total Contract Value: Third Wave Ruggedtech has secured ₹1,32,27,44,514.0 in government contracts, reflecting a 100.0% conversion rate from bid value.
- Yearly Performance: Analysis of yearly data reveals consistent participation and success in recent fiscal years:
- FY 2021-22: 6 bids, 3 wins, total contract value of ₹45,26,596.0