vortex engineering 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 2 bids — HITACHI PAYMENT SERVICES PRIVATE LIMITED appeared in 2 of them.
VORTEX ENGINEERING PRIVATE LIMITED
VORTEX ENGINEERING PRIVATE LIMITED
Financial Details
Registered Office
Module No.6B, Sixth Floor,IIT Madras Research Park Kanagam Road, TaramaniNA-Chennai-Tamil Nadu-600113-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
2
Contract Value
₹84.52 Cr
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
Vortex Engineering: Government Tender Performance Analysis
Vortex Engineering Private Limited is establishing its presence in India's government tender ecosystem, participating in 2 tenders between FY2022-23 and FY2024-25. This analysis examines their tender participation, qualification rate, and procurement strategy, with key focus keywords: Vortex Engineering tenders, government contracts, and tender performance metrics.
Executive Summary
Vortex Engineering Private Limited has participated in 2 government tenders between FY2022-23 and FY2024-25, achieving a 50.0% qualification rate and securing contracts worth ₹84,51,70,150 in total value. While their win rate is 0.0%, their qualification rate highlights a potential strength in meeting technical requirements. The company's financial health is currently assessed as 'Critical' with a score of 22.5/100, based on TenderAI's scoring components including win rate, contract value, and bid efficiency. Their market positioning is in the early stages of development, focusing primarily on tenders from the Ministry of Finance, specifically the Department of Financial Services. Key performance metrics include the qualification rate and total contract value secured.
Financial Performance Analysis
Vortex Engineering's financial performance in government tenders shows a concentrated activity in recent fiscal years. The following table compares year-on-year performance:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Total Contract Value |
|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | ₹0 |