vsm projects 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 7 bids — OIL & GAS PLANT ENGINEERS (INDIA) PRIVATE LIMITED appeared in 4 of them.
VSM PROJECTS PRIVATE LIMITED
VSM PROJECTS PRIVATE LIMITED
Financial Details
Registered Office
11-12 SANJIVANI COMPLEXKADODARA CHAR RASTA N H NO 8NA-TAL PALSANA DIST SURAT-Gujarat-000000-India
Industry Classification
Mining & Quarrying
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
8
Contract Value
₹4.69 Cr
L1 Bids
2
Recent Win Rate
40.0%
Performance Analytics
VSM Projects Private Limited: Government Tender Performance Analysis
Executive Summary
VSM Projects Private Limited is establishing its presence in the Indian government tender landscape, actively participating in 8 tenders as of March 13, 2025. An analysis of their early tender participation reveals key performance metrics, technical qualification rates, and an emerging procurement strategy within the public sector. Between April 2023 and March 2024, VSM Projects achieved a 25.0% win rate and a 75.0% qualification rate, demonstrating a promising foundation in government procurement.
Their financial health, assessed using TenderAI scoring components, currently indicates a "Concerning" status with a score of 39.2/100. This score reflects a mixed performance across various parameters, including a recent 40.0% win rate in FY2024-25, coupled with weaknesses in contract value, growth, and consistency.
VSM Projects' market positioning is primarily within the oil and gas sector, evidenced by their focused engagement with the Ministry of Petroleum and Natural Gas, specifically with Indian Oil Corporation Limited. This targeted approach suggests a specialized service offering within the energy infrastructure domain.
Their engagement is concentrated in specific government departments, notably Indian Oil Corporation Limited, where they have demonstrated procurement expertise. By focusing on these key areas, VSM Projects is strategically positioning itself for growth within a niche segment of the Indian government procurement market.