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cygnet meditech private limited Tender Performance & Track Recordcygnet meditech private limited

CIN: U33301GJ2016PTC094627
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U33301GJ2016PTC094627
Active
Private
Company limited by shares

Company Overview

Summary
CYGNET MEDITECH PRIVATE LIMITED: Business Analysis Report This comprehensive business analysis report assesses the performance of CYGNET MEDITECH PRIVATE LIMITED in the context of government tenders, focusing on financial performance, competitive positioning, and strategic opportunities. With a strong track record in government procurement, CYGNET MEDITECH has demonstrated its capacity to secure contracts within India's public sector. This report identifies key strengths, weaknesses, opportunities, and threats to formulate actionable strategic recommendations.
Primary Ministry: Ministry of Labour and EmploymentPrimary Department: Employees State Insuarnce Corporation
Founded: 2016State: GUJARAT
Primary Ministry:
Ministry of Labour and Employment
Primary Department:
Employees State Insuarnce Corporation
Founded:2016
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 30 October 2025

Live Data

Total Bids / Contract Value

Bids188
Value₹1.78Cr

Qualified Bids / Q Rate

Bids125
Q Rate66.5%

Total Wins / Win Value

Win32
Value₹36.45L

Wins Rate / Q-W Rate

Rate17.0%
Q-W Rate25.6%

Detailed Performance Analysis

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Tender Performance by Ministries

10 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Labour and Employment

8.2% win rate
85
₹31.18 Lakh
62
7
₹4.66 Lakh

Ministry of Labour and Employment

Bids
85
₹31.18 Lakh
Qualified
62
Wins
7
₹4.66 Lakh
8.2% win rate

Ministry of Railways

11.5% win rate
26
₹6.70 Lakh
8
3
₹58K

Ministry of Railways

Bids
26
₹6.70 Lakh
Qualified
8
Wins
3
₹58K
11.5% win rate

Ministry of Heavy Industries and Public Enterprises

9.1% win rate
11
₹63K
11
1
₹3K

Ministry of Heavy Industries and Public Enterprises

Bids
11
₹63K
Qualified
11
Wins
1
₹3K
9.1% win rate

Ministry of Health and Family Welfare

70.0% win rate
10
₹24.27 Lakh
8
7
₹14.12 Lakh

Ministry of Health and Family Welfare

Bids
10
₹24.27 Lakh
Qualified
8
Wins
7
₹14.12 Lakh
70.0% win rate

Ministry of Science and Technology

55.6% win rate
9
₹11.68 Lakh
1
5
₹5.40 Lakh

Ministry of Science and Technology

Bids
9
₹11.68 Lakh
Qualified
1
Wins
5
₹5.40 Lakh
55.6% win rate

Ministry of Defence

37.5% win rate
8
₹4.01 Lakh
5
3
₹69K

Ministry of Defence

Bids
8
₹4.01 Lakh
Qualified
5
Wins
3
₹69K
37.5% win rate

PMO

60.0% win rate
5
₹3.83 Lakh
4
3
₹77K

PMO

Bids
5
₹3.83 Lakh
Qualified
4
Wins
3
₹77K
60.0% win rate

Ministry of Coal

0.0% win rate
1
₹1.52 Lakh
1
0
₹0

Ministry of Coal

Bids
1
₹1.52 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Home Affairs

0.0% win rate
1
₹2.00 Lakh
0
0
₹0

Ministry of Home Affairs

Bids
1
₹2.00 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Social Justice and Empowerment

0.0% win rate
1
₹20.00 Lakh
0
0
₹0

Ministry of Social Justice and Empowerment

Bids
1
₹20.00 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 188 bids — AQMEN MEDTECH PRIVATE LIMITED appeared in 124 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

CYGNET MEDITECH PRIVATE LIMITED

Your Company
17.0% win rate
188
₹1.78 Cr
125
66.5%
32
₹36.45 Lakh

CYGNET MEDITECH PRIVATE LIMITED

Your Company
Total Bids
188
₹1.78 Cr
Qualified
125
66.5%
Wins
32
₹36.45 Lakh
17.0% win rate
AQMEN MEDTECH PRIVATE LIMITED
52.4% win rate
124
₹88.21 Lakh
110
88.7%
65
₹18.22 Lakh
AQMEN MEDTECH PRIVATE LIMITED
Total Bids
124
₹88.21 Lakh
Qualified
110
88.7%
Wins
65
₹18.22 Lakh
52.4% win rate
FUTURA SURGICARE PRIVATE LIMITED
21.6% win rate
51
₹61.79 Lakh
48
94.1%
11
₹8.53 Lakh
FUTURA SURGICARE PRIVATE LIMITED
Total Bids
51
₹61.79 Lakh
Qualified
48
94.1%
Wins
11
₹8.53 Lakh
21.6% win rate
APPLE SUTURE INVENT
21.1% win rate
38
₹28.94 Lakh
34
89.5%
8
₹6.30 Lakh
APPLE SUTURE INVENT
Total Bids
38
₹28.94 Lakh
Qualified
34
89.5%
Wins
8
₹6.30 Lakh
21.1% win rate
QUBIX MEDICARE PRIVATE LIMITED
6.1% win rate
66
₹65.17 Lakh
50
75.8%
4
₹4.30 Lakh
QUBIX MEDICARE PRIVATE LIMITED
Total Bids
66
₹65.17 Lakh
Qualified
50
75.8%
Wins
4
₹4.30 Lakh
6.1% win rate
HBPA TRADEX PRIVATE LIMITED
27.5% win rate
40
₹30.36 Lakh
33
82.5%
11
₹3.70 Lakh
HBPA TRADEX PRIVATE LIMITED
Total Bids
40
₹30.36 Lakh
Qualified
33
82.5%
Wins
11
₹3.70 Lakh
27.5% win rate
MERIL ENDO SURGERY PRIVATE LIMITED
9.7% win rate
31
₹41.83 Lakh
22
71.0%
3
₹57K
MERIL ENDO SURGERY PRIVATE LIMITED
Total Bids
31
₹41.83 Lakh
Qualified
22
71.0%
Wins
3
₹57K
9.7% win rate
SURGICAL SUTURES PRIVATE LIMITED
11.5% win rate
26
₹22.25 Lakh
21
80.8%
3
₹26K
SURGICAL SUTURES PRIVATE LIMITED
Total Bids
26
₹22.25 Lakh
Qualified
21
80.8%
Wins
3
₹26K
11.5% win rate
TI MEDICAL PRIVATE LIMITED
8.0% win rate
25
₹14.21 Lakh
21
84.0%
2
₹15K
TI MEDICAL PRIVATE LIMITED
Total Bids
25
₹14.21 Lakh
Qualified
21
84.0%
Wins
2
₹15K
8.0% win rate
JYOTI TRADERS
10.0% win rate
20
₹3.48 Lakh
17
85.0%
2
₹6K
JYOTI TRADERS
Total Bids
20
₹3.48 Lakh
Qualified
17
85.0%
Wins
2
₹6K
10.0% win rate
EMMZONEINDIA
0.0% win rate
29
₹33.69 Lakh
13
44.8%
0
₹0
EMMZONEINDIA
Total Bids
29
₹33.69 Lakh
Qualified
13
44.8%
Wins
0
₹0
0.0% win rate
Company Profile
CINU33301GJ2016PTC094627
Class
Private
Status
Active
Founded2016

Financial Details

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

Registered Office

BLK NO.50, RIDDHI SIDDHI NAGAR AJWA ROADNA-VADODARA-Gujarat-390019-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code33301

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

618

Qualified: 422
Q Rate: 68.3%

Contract Value

₹10.06 Cr

Avg. Bid: ₹67K
Avg. EMD: ₹0

L1 Bids

95

Win Rate: 15.4%
Q to W Ratio: 22.5%

Recent Win Rate

14.8%

Change: +2.2%
Period: FY 2024-25

Performance Analytics

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

CYGNET MEDITECH PRIVATE LIMITED: Business Analysis Report

This comprehensive business analysis report assesses the performance of CYGNET MEDITECH PRIVATE LIMITED in the context of government tenders, focusing on financial performance, competitive positioning, and strategic opportunities. With a strong track record in government procurement, CYGNET MEDITECH has demonstrated its capacity to secure contracts within India's public sector. This report identifies key strengths, weaknesses, opportunities, and threats to formulate actionable strategic recommendations.

Executive Summary

CYGNET MEDITECH PRIVATE LIMITED has participated in 618 government tenders, achieving a win rate of 15.4% and securing 95 L1 positions. The company's financial performance reveals a total contract value secured of ₹10,05,93,019.0. While demonstrating a robust presence in the government tender landscape, CYGNET MEDITECH faces increasing competitive pressure, which requires a focused strategy to improve its market positioning and bid efficiency. This report provides an in-depth analysis of CYGNET MEDITECH's performance, highlighting areas for strategic improvement to enhance its win rate and overall financial health within the competitive medical equipment sector.

1. Financial Performance

This section provides an overview of CYGNET MEDITECH's financial performance metrics related to government tenders.

1.1. Key Financial Metrics

  • Total Contract Value: CYGNET MEDITECH has secured contracts totaling ₹10,05,93,019.0 from government tenders.