wellspring pharmaceutical 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 39 bids — MASS HEALTH CARE appeared in 39 of them.
WELLSPRING PHARMACEUTICAL PRIVATE LIMITED
WELLSPRING PHARMACEUTICAL PRIVATE LIMITED
Financial Details
Registered Office
C/o L H Bidari, Barid Bawadi Road,NA-Bijapur-Karnataka-586101-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
17
Contract Value
₹50.96 Lakh
L1 Bids
2
Recent Win Rate
11.8%
Performance Analytics
Wellspring Pharmaceutical: Government Tender Analysis and Performance Report
Executive Summary
Wellspring Pharmaceutical Private Limited has actively participated in Indian government tenders, submitting 17 bids between April 2024 and March 2025. Their qualification rate stands at an impressive 94.1%, demonstrating a strong understanding of tender requirements and robust compliance capabilities. However, their win rate is 11.8%, resulting in 2 successful L1 bids during the same period. This mixed performance indicates opportunities for strategic improvement in bid selection and pricing. The total contract value secured during this period is ₹50,96,369.
According to TenderAI's financial health assessment, Wellspring Pharmaceutical's score is 36.0/100, categorized as "Concerning." The score components reveal strengths in consistency (92.3%) but weaknesses in win rate (29.4%), contract value (4.0), and bid efficiency (25.0%). This suggests a need to optimize bid strategies to improve win rates and secure higher-value contracts.
Wellspring Pharmaceutical's market positioning is primarily within the Karnataka government tender landscape, particularly with the Health and Family Welfare Department Karnataka. Their primary focus is on Facility Management Services within the healthcare sector. Key competitors include MASS HEALTH CARE and SUKRUTI PHARMA, highlighting a competitive environment where strategic differentiation is crucial for success. This report provides a comprehensive analysis of Wellspring Pharmaceutical's tender performance, offering actionable insights and recommendations for enhanced competitiveness and growth in the Indian government procurement sector.
Financial Performance Analysis
Yearly Trends
Wellspring Pharmaceutical's tender activity is concentrated in FY2024-25, with no prior bidding activity recorded in the preceding five fiscal years. In FY2024-25, the company submitted 17 bids, qualified for 16, and secured 2 wins, resulting in a win rate of 11.8%. The total contract value for the year was ₹50,96,369.