verensol technologies 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 2 bids — M/S L J TECHNOLOGIES appeared in 1 of them.
VERENSOL TECHNOLOGIES PRIVATE LIMITED
VERENSOL TECHNOLOGIES PRIVATE LIMITED
Financial Details
Registered Office
PLOT NO 8, GAT NO 255A, JYOTIBHANAGAR, TALAWADE,NA-PUNE-Maharashtra-412114-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
Transform Your Tender Process
Join thousands of businesses winning more tenders
Smart Alerts
Get AI-powered tender recommendations
Market Intel
Track competitor bidding patterns
Email Reports
Weekly detailed analytics reports
Download Hub
Export tender data in bulk format
Smart Tracking
Never miss important deadlines
& Much More...
Discover all premium features with your trial
"TenderAI transformed our bidding process. We've increased our win rate by 40% and saved countless hours."
Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
11
Contract Value
₹15.48 Cr
L1 Bids
7
Recent Win Rate
50.0%
Performance Analytics
Verensol Technologies Private Limited: Comprehensive Government Tender Analysis
Verensol Technologies Private Limited (Verensol Technologies) is an Indian manufacturing company specializing in metals and chemicals. This report provides a comprehensive analysis of Verensol Technologies's performance in Indian government tenders, focusing on key metrics, competitive positioning, and strategic recommendations. The analysis leverages TenderAI data to provide actionable insights for government procurement officers, industry stakeholders, and Verensol Technologies itself.
Executive Summary
Verensol Technologies has demonstrated a strong presence in the Indian government tender landscape, particularly within the Ministry of Defence and Department of Atomic Energy. From FY2021-22 to FY2024-25, the company participated in 11 tenders, achieving a win rate of 63.6%. This translates to securing 7 L1 positions, indicating a highly competitive pricing strategy. The company's qualification rate stands at 81.8%, highlighting its ability to meet technical requirements and compliance standards.
Financial performance shows a total contract value of ₹15.48 crore secured through government tenders. While there has been considerable fluctuation in yearly contract value due to the variance in total bids and awarded tenders per year, Verensol's financial health is rated as 'Good' by TenderAI, with a score of 68.9 out of 100. This assessment considers factors like win rate, contract value, bid efficiency, growth, and consistency.
Market positioning indicates that Verensol Technologies is a dominant player in its niche, particularly in tenders related to the Department of Defence Production and Department of Atomic Energy. However, competitive analysis reveals potential threats from companies like OXYGEN 2 INNOVATION PRIVATE LIMITED and PREMIER EVOLVICS PRIVATE LIMITED, against whom Verensol has yet to secure a win in head-to-head competitions from January 2022 to December 2023.
This report delves into Verensol Technologies's financial performance, product/service category performance, geographical and departmental distribution, competitive analysis, SWOT analysis, strategic recommendations, and future growth outlook, providing a holistic view of the company's position in the Indian government procurement ecosystem.