glync tech private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 30 October 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 1379 bids — ACROMAX INDUSTRIES PRIVATE LIMITED appeared in 835 of them.
GLYNC TECH PRIVATE LIMITED
GLYNC TECH PRIVATE LIMITED
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
7,391
Contract Value
₹255.22 Cr
L1 Bids
1,537
Recent Win Rate
16.9%
Performance Analytics
GLYNC TECH PRIVATE LIMITED: Comprehensive Government Tender Analysis
GLYNC TECH PRIVATE LIMITED has demonstrated substantial engagement in India's public procurement landscape with 7391 government tender participations. This detailed business analysis report provides insights into their bidding performance, success patterns in government contracts, and competitive positioning within the LED lighting sector and beyond. Their track record demonstrates both strengths and areas for strategic improvement in the competitive government tender environment.
Executive Summary
GLYNC TECH PRIVATE LIMITED has participated in a total of 7391 government tenders, securing 1537 L1 positions, highlighting their competitive pricing and bid strategies. While their overall win rate stands at 20.8%, recent trends indicate a need for strategic adjustments to maintain competitiveness. Their participation in 5 major procurement projects demonstrates their capability to handle high-value government contracts. However, a recent decline in win rate and contract value necessitates a reevaluation of their business growth strategy within the Indian government procurement sector.
1. Financial Performance of GLYNC TECH PRIVATE LIMITED
This section analyzes GLYNC TECH's financial metrics related to government tenders, including bid amounts, contract values, and Earnest Money Deposit (EMD).
Key Financial Metrics
- Total Contract Value: GLYNC TECH has secured contracts worth ₹2,55,22,33,290.0, demonstrating significant financial success in government procurement.