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glotex solutions private limited Tender Performance & Track Recordglotex solutions private limited

CIN: U29309GJ2017PTC097978
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U29309GJ2017PTC097978
Active
Private
Company limited by shares

Company Overview

Summary
Glotex Solutions Private Limited: Business Analysis & Government Tender Performance This comprehensive business analysis report highlights the financial and competitive performance of Glotex Solutions Private Limited within the government tender landscape. With a 31.1% win rate and a total contract value of ₹19.71 Crores, Glotex Solutions has demonstrated a strong presence in the Indian public sector. This analysis provides a detailed overview of their financial performance, competitive positioning, and strategic recommendations for future growth.
Primary Ministry: Ministry of PowerPrimary Department: INDIAN OIL CORPORATION LIMITED
Founded: 2017State: GUJARAT
Primary Ministry:
Ministry of Power
Primary Department:
INDIAN OIL CORPORATION LIMITED
Founded:2017
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids43
Value₹4.68Cr

Qualified Bids / Q Rate

Bids30
Q Rate69.8%

Total Wins / Win Value

Win13
Value₹1.57Cr

Wins Rate / Q-W Rate

Rate30.2%
Q-W Rate43.3%

Detailed Performance Analysis

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Tender Performance by Ministries

6 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Power

30.0% win rate
20
₹2.29 Cr
15
6
₹65.84 Lakh

Ministry of Power

Bids
20
₹2.29 Cr
Qualified
15
Wins
6
₹65.84 Lakh
30.0% win rate

Ministry of Petroleum and Natural Gas

50.0% win rate
14
₹1.61 Cr
10
7
₹90.99 Lakh

Ministry of Petroleum and Natural Gas

Bids
14
₹1.61 Cr
Qualified
10
Wins
7
₹90.99 Lakh
50.0% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
4
₹61.14 Lakh
3
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹61.14 Lakh
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Defence

0.0% win rate
3
₹12.22 Lakh
1
0
₹0

Ministry of Defence

Bids
3
₹12.22 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
1
₹1.30 Lakh
1
0
₹0

Ministry of Chemicals and Fertilizers

Bids
1
₹1.30 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Science and Technology

0.0% win rate
1
₹3.89 Lakh
0
0
₹0

Ministry of Science and Technology

Bids
1
₹3.89 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 43 bids — SPECTRUM AUTOMATION & CONTROLS appeared in 14 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

GLOTEX SOLUTIONS PRIVATE LIMITED

Your Company
30.2% win rate
43
₹4.68 Cr
30
69.8%
13
₹1.57 Cr

GLOTEX SOLUTIONS PRIVATE LIMITED

Your Company
Total Bids
43
₹4.68 Cr
Qualified
30
69.8%
Wins
13
₹1.57 Cr
30.2% win rate
SPECTRUM AUTOMATION & CONTROLS
35.7% win rate
14
₹1.16 Cr
10
71.4%
5
₹60.03 Lakh
SPECTRUM AUTOMATION & CONTROLS
Total Bids
14
₹1.16 Cr
Qualified
10
71.4%
Wins
5
₹60.03 Lakh
35.7% win rate
JUPITER INTEGRATED SENSOR SYSTEMS PRIVATE LIMITED
75.0% win rate
4
₹51.43 Lakh
4
100.0%
3
₹42.93 Lakh
JUPITER INTEGRATED SENSOR SYSTEMS PRIVATE LIMITED
Total Bids
4
₹51.43 Lakh
Qualified
4
100.0%
Wins
3
₹42.93 Lakh
75.0% win rate
ANALYSER INSTRUMENT COMPANY PRIVATE LIMITED
10.0% win rate
10
₹1.98 Cr
7
70.0%
1
₹41.92 Lakh
ANALYSER INSTRUMENT COMPANY PRIVATE LIMITED
Total Bids
10
₹1.98 Cr
Qualified
7
70.0%
Wins
1
₹41.92 Lakh
10.0% win rate
TEKMEASURE
20.0% win rate
5
₹38.65 Lakh
5
100.0%
1
₹18.08 Lakh
TEKMEASURE
Total Bids
5
₹38.65 Lakh
Qualified
5
100.0%
Wins
1
₹18.08 Lakh
20.0% win rate
APPLIED TECHNO SYSTEMS
20.0% win rate
10
₹92.62 Lakh
6
60.0%
2
₹15.91 Lakh
APPLIED TECHNO SYSTEMS
Total Bids
10
₹92.62 Lakh
Qualified
6
60.0%
Wins
2
₹15.91 Lakh
20.0% win rate
VASTHI INSTRUMENTS PRIVATE LIMITED
60.0% win rate
5
₹19.43 Lakh
5
100.0%
3
₹12.75 Lakh
VASTHI INSTRUMENTS PRIVATE LIMITED
Total Bids
5
₹19.43 Lakh
Qualified
5
100.0%
Wins
3
₹12.75 Lakh
60.0% win rate
ENDEE ENGINEERS PRIVATE LIMITED
22.2% win rate
9
₹57.34 Lakh
4
44.4%
2
₹8.17 Lakh
ENDEE ENGINEERS PRIVATE LIMITED
Total Bids
9
₹57.34 Lakh
Qualified
4
44.4%
Wins
2
₹8.17 Lakh
22.2% win rate
SPARK MEASUREMENT SOLUTIONS PRIVATE LIMITED
20.0% win rate
5
₹19.70 Lakh
5
100.0%
1
₹3.78 Lakh
SPARK MEASUREMENT SOLUTIONS PRIVATE LIMITED
Total Bids
5
₹19.70 Lakh
Qualified
5
100.0%
Wins
1
₹3.78 Lakh
20.0% win rate
ICE (ASIA) PRIVATE LIMITED
0.0% win rate
4
₹31.41 Lakh
1
25.0%
0
₹0
ICE (ASIA) PRIVATE LIMITED
Total Bids
4
₹31.41 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
AXIS SOLUTIONS PRIVATE LIMITED
0.0% win rate
4
₹67.92 Lakh
2
50.0%
0
₹0
AXIS SOLUTIONS PRIVATE LIMITED
Total Bids
4
₹67.92 Lakh
Qualified
2
50.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29309GJ2017PTC097978
Class
Private
Status
Active
Founded2017

Financial Details

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

Registered Office

2, REGENT AVENUE, DIWALIPURA VASNA ROAD,NA-VADODARA-Gujarat-390007-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29309

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

180

Qualified: 123
Q Rate: 68.3%

Contract Value

₹19.71 Cr

Avg. Bid: ₹11.38 Lakh
Avg. EMD: ₹0

L1 Bids

56

Win Rate: 31.1%
Q to W Ratio: 45.5%

Recent Win Rate

31.0%

Change: -4.5%
Period: FY 2024-25

Performance Analytics

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

Glotex Solutions Private Limited: Business Analysis & Government Tender Performance

This comprehensive business analysis report highlights the financial and competitive performance of Glotex Solutions Private Limited within the government tender landscape. With a 31.1% win rate and a total contract value of ₹19.71 Crores, Glotex Solutions has demonstrated a strong presence in the Indian public sector. This analysis provides a detailed overview of their financial performance, competitive positioning, and strategic recommendations for future growth.

Executive Summary

Glotex Solutions Private Limited exhibits a satisfactory financial health score of 56.0/100, driven by a robust win rate and consistent bidding activity. Their core strength lies in their ability to secure government contracts, particularly within the Ministry of Petroleum and Natural Gas and the Ministry of Power. While their overall win rate stands at 31.1%, recent trends indicate a potential decline in contract value, necessitating strategic adjustments to maintain their competitive edge. This business analysis provides actionable insights and recommendations to optimize their government tender strategy and enhance long-term business growth.

Financial Performance of Glotex Solutions

Key Financial Metrics

  • Total Bids: 180
  • Qualified Bids: 123 (68.3% Qualification Rate)
  • L1 Bids (Wins): 56 (31.1% Win Rate)