vananchal it services 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 9 bids — CANDELA & DECIBELS appeared in 8 of them.
VANANCHAL IT SERVICES PRIVATE LIMITED
VANANCHAL IT SERVICES PRIVATE LIMITED
Financial Details
Registered Office
SANKALPB-325,ROADNO.4ASHOKNAGAR,P.S.ARGORANA-RANCHI-Jharkhand-834002-India
Industry Classification
Trading
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
46
Contract Value
₹25.09 Cr
L1 Bids
12
Recent Win Rate
33.3%
Performance Analytics
Government Tender Analysis: Vananchal IT Services
Vananchal IT Services Private Limited has submitted bids for 46 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization. This comprehensive analysis, powered by TenderAI analysis, provides insights for government procurement officers, industry sector specialists, and potential investors.
Executive Summary
Vananchal IT Services demonstrates a solid tender performance with a 26.1% win rate from April 2018 to March 2025, successfully securing 12 L1 positions. Their qualification rate stands at 91.3%, indicating strong compliance with technical requirements. The company's contract value growth shows significant potential, demonstrating an increasing footprint in government procurement. As of FY 2024-25, they have secured contracts with a total value of ₹6.04 crore, showcasing their ability to secure valuable projects.
TenderAI's financial health assessment gives Vananchal IT Services a score of 68.3/100, rated as 'Good', based on components such as win rate, contract value, bid efficiency, growth, and consistency. Their market positioning is competitive, particularly in securing high-value contracts. The company excels in tenders related to the Labour Employment Training and Skill Department Jharkhand, Department Of Higher Education, and Higher And Techical Education Department Jharkhand, showing a specialization in specific departmental needs. This government tender analysis highlights key strengths and opportunities for Vananchal IT services.
Financial Performance Analysis
Vananchal IT Services' financial performance in government tenders showcases steady growth and a strong qualification record. The following table illustrates the year-on-year performance:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |