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chirag electronics pvt ltd Tender Performance & Track Recordchirag electronics pvt ltd

CIN: U29308GJ1987PTC009682
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U29308GJ1987PTC009682
Active
Private
Company limited by shares

Company Overview

Summary
CHIRAG ELECTRONICS PVT LTD: Comprehensive Business Analysis This report provides a comprehensive business analysis of CHIRAG ELECTRONICS PVT LTD, focusing on their performance in government tenders. With a 23.3% win rate across 30 bids, Chirag Electronics has demonstrated a solid presence in the public sector procurement ecosystem. However, recent financial performance indicates challenges requiring strategic adjustments. This analysis aims to provide actionable insights to improve their competitive positioning and drive future growth. This Government Tender Analysis provides valuable insights for Chirag Electronics in the Manufacturing (Machinery & Equipments) sector.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Founded: 1987State: GUJARAT
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs
Founded:1987
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids8
Value₹21.93L

Qualified Bids / Q Rate

Bids2
Q Rate25.0%

Total Wins / Win Value

Win1
Value₹24,800

Wins Rate / Q-W Rate

Rate12.5%
Q-W Rate50.0%

Detailed Performance Analysis

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Tender Performance by Ministries

4 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

0.0% win rate
2
₹3.84 Lakh
1
0
₹0

Ministry of Defence

Bids
2
₹3.84 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Railways

50.0% win rate
2
₹4.12 Lakh
1
1
₹25K

Ministry of Railways

Bids
2
₹4.12 Lakh
Qualified
1
Wins
1
₹25K
50.0% win rate

Ministry of Labour and Employment

0.0% win rate
1
₹80K
0
0
₹0

Ministry of Labour and Employment

Bids
1
₹80K
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
1
₹8.90 Lakh
0
0
₹0

Ministry of Petroleum and Natural Gas

Bids
1
₹8.90 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 8 bids — INTERNATIONAL ELECTRO MEDICAL CO appeared in 4 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

CHIRAG ELECTRONICS PVT LTD

Your Company
12.5% win rate
8
₹21.93 Lakh
2
25.0%
1
₹25K

CHIRAG ELECTRONICS PVT LTD

Your Company
Total Bids
8
₹21.93 Lakh
Qualified
2
25.0%
Wins
1
₹25K
12.5% win rate
INTERNATIONAL ELECTRO MEDICAL CO
50.0% win rate
4
₹13.72 Lakh
3
75.0%
2
₹12.78 Lakh
INTERNATIONAL ELECTRO MEDICAL CO
Total Bids
4
₹13.72 Lakh
Qualified
3
75.0%
Wins
2
₹12.78 Lakh
50.0% win rate
PHYMED PRIVATE LIMITED
50.0% win rate
2
₹3.84 Lakh
2
100.0%
1
₹3.15 Lakh
PHYMED PRIVATE LIMITED
Total Bids
2
₹3.84 Lakh
Qualified
2
100.0%
Wins
1
₹3.15 Lakh
50.0% win rate
SHREE JEE INTERNATIONAL
50.0% win rate
2
₹2.67 Lakh
2
100.0%
1
₹1.88 Lakh
SHREE JEE INTERNATIONAL
Total Bids
2
₹2.67 Lakh
Qualified
2
100.0%
Wins
1
₹1.88 Lakh
50.0% win rate
RIDHRANSH INSTRUMENTS INDIA PRIVATE LIMITED
20.0% win rate
5
₹8.36 Lakh
1
20.0%
1
₹69K
RIDHRANSH INSTRUMENTS INDIA PRIVATE LIMITED
Total Bids
5
₹8.36 Lakh
Qualified
1
20.0%
Wins
1
₹69K
20.0% win rate
CIS MEDICAL SOLUTIONS
0.0% win rate
5
₹15.39 Lakh
3
60.0%
0
₹0
CIS MEDICAL SOLUTIONS
Total Bids
5
₹15.39 Lakh
Qualified
3
60.0%
Wins
0
₹0
0.0% win rate
MERCURY LAB PLANNERS
0.0% win rate
2
₹1.49 Lakh
1
50.0%
0
₹0
MERCURY LAB PLANNERS
Total Bids
2
₹1.49 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
ROYAL BIOTECH
0.0% win rate
2
₹2.67 Lakh
1
50.0%
0
₹0
ROYAL BIOTECH
Total Bids
2
₹2.67 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
CNERGY INCORPORATION
0.0% win rate
2
₹7.02 Lakh
1
50.0%
0
₹0
CNERGY INCORPORATION
Total Bids
2
₹7.02 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
MIONN CORPORATION PRIVATE LIMITED
0.0% win rate
2
₹3.09 Lakh
1
50.0%
0
₹0
MIONN CORPORATION PRIVATE LIMITED
Total Bids
2
₹3.09 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
WARSI MEDICO SYSTEMS AND SERVICES
0.0% win rate
1
₹8.90 Lakh
0
0.0%
0
₹0
WARSI MEDICO SYSTEMS AND SERVICES
Total Bids
1
₹8.90 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29308GJ1987PTC009682
Class
Private
Status
Active
Founded1987

Financial Details

Authorized Capital₹1.0L
Paid-up Capital₹1.0L

Registered Office

706/707, 7th Floor Merlin Pentagon, Mahalaxmi Five Road PaldiNA-AHMEDABAD-Gujarat-380007-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29308

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

30

Qualified: 21
Q Rate: 70.0%

Contract Value

₹48.34 Lakh

Avg. Bid: ₹54K
Avg. EMD: ₹0

L1 Bids

7

Win Rate: 23.3%
Q to W Ratio: 33.3%

Recent Win Rate

14.3%

Change: 0.0%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

CHIRAG ELECTRONICS PVT LTD: Comprehensive Business Analysis

This report provides a comprehensive business analysis of CHIRAG ELECTRONICS PVT LTD, focusing on their performance in government tenders. With a 23.3% win rate across 30 bids, Chirag Electronics has demonstrated a solid presence in the public sector procurement ecosystem. However, recent financial performance indicates challenges requiring strategic adjustments. This analysis aims to provide actionable insights to improve their competitive positioning and drive future growth. This Government Tender Analysis provides valuable insights for Chirag Electronics in the Manufacturing (Machinery & Equipments) sector.

Executive Summary

CHIRAG ELECTRONICS PVT LTD has shown active participation in government tenders, particularly with the Department Of Military Affairs. Their win rate stands at 23.3%, securing 7 L1 positions. Despite a strong qualification rate of 70.0%, recent financial performance reveals a 31.1% decline in contract value. Competitive analysis identifies key competitors and strategic recommendations focus on optimizing bid strategies, enhancing competitive intelligence, and improving overall financial health. This business analysis highlights the need for Chirag Electronics to refine its approach to government tenders to achieve sustainable business growth.

Financial Performance

This section examines the financial performance of CHIRAG ELECTRONICS PVT LTD in detail. Understanding the trends in bidding, win rates, and contract values is crucial for strategic decision-making. The Chirag Electronics financial performance indicates areas for improvement in their government procurement strategy.

Key Financial Metrics

  • Total Bids: 30