venerated technology 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 30 bids — BIO MEDICA HEALTHCARE appeared in 17 of them.
VENERATED TECHNOLOGY PRIVATE LIMITED
VENERATED TECHNOLOGY PRIVATE LIMITED
Financial Details
Registered Office
H.NO.-560/2 FIRST FLOOR, MILK COLONY, DHANASNA-CHANDIGARH-Chandigarh-160014-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
28
Contract Value
₹5.96 Cr
L1 Bids
3
Recent Win Rate
12.0%
Performance Analytics
Venerated Technology Private Limited: Comprehensive Tender Performance Analysis
Venerated Technology Private Limited is an active participant in the Indian government procurement landscape. This report provides a detailed analysis of their tender performance, financial health, competitive positioning, and strategic recommendations for future growth. With 28 bids submitted to date, Venerated Technology has secured 3 L1 positions, demonstrating potential within the government sector. As an Indian medical equipment supplier, understanding their tender metrics is crucial.
Executive Summary
Venerated Technology Private Limited has engaged in 28 government tenders between FY2022-23 and FY2024-25, achieving a 10.7% overall win rate. Their qualification rate stands at 25.0%, indicating room for improvement in meeting technical specifications. The company has secured contracts totaling ₹5,96,47,988 during this period, reflecting a 100.0% conversion rate of bid value to won contracts. The company's financial health is currently assessed as "Critical" with a score of 33.0, based on TenderAI scoring components. Their market positioning suggests a challenging landscape, necessitating strategic adjustments to enhance competitiveness. Primary engagement is with the Ministry of Defence, Ministry of Railways, and departments like Education Department Chandigarh.
Financial Performance Analysis
Venerated Technology's financial performance reveals specific yearly trends. From FY2018-19 to FY2021-22, there was no tender activity. In FY2022-23, the company bid on 3 tenders with a contract value of ₹70,55,777. In FY2024-25, bid count increased to 25, securing contracts worth ₹5,25,92,211. The quarter-wise performance visualizations for FY2024-25 (Q1, Q2, Q3, Q4) would provide deeper insights into seasonal patterns. The bid distribution analysis from April 2023 to March 2024 reveals 7 bids in the ₹0 range and 1 bid in the ₹10,00,000 range, demonstrating a focus on lower-value tenders.
Comparative Table: Year-on-Year Performance
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |