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go digit general insurance limited Tender Performance & Track Recordgo digit general insurance limited

CIN: U66010PN2016PLC167410
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: U66010PN2016PLC167410
Active
Public
Company limited by shares

Company Overview

Summary
GO DIGIT GENERAL INSURANCE LIMITED Business Analysis: Maximizing Government Tender Success This comprehensive business analysis report provides an in-depth evaluation of GO DIGIT GENERAL INSURANCE LIMITED's performance in the government tender landscape. With a focus on financial metrics, competitive positioning, and strategic recommendations, this analysis aims to identify opportunities for enhanced business growth and improved market share within the insurance industry.
Primary Ministry: Ministry of FinancePrimary Department: Department of Heavy Industry
Founded: 2016State: MAHARASHTRA
Primary Ministry:
Ministry of Finance
Primary Department:
Department of Heavy Industry
Founded:2016
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids239
Value₹1769.55Cr

Qualified Bids / Q Rate

Bids191
Q Rate79.9%

Total Wins / Win Value

Win49
Value₹73.37Cr

Wins Rate / Q-W Rate

Rate20.5%
Q-W Rate25.6%

Detailed Performance Analysis

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Tender Performance by Ministries

20 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Finance

2.0% win rate
51
₹277.82 Cr
44
1
₹3.47 Cr

Ministry of Finance

Bids
51
₹277.82 Cr
Qualified
44
Wins
1
₹3.47 Cr
2.0% win rate

Ministry of Power

21.9% win rate
41
₹572.11 Cr
34
9
₹33.66 Cr

Ministry of Power

Bids
41
₹572.11 Cr
Qualified
34
Wins
9
₹33.66 Cr
21.9% win rate

Ministry of Heavy Industries and Public Enterprises

28.1% win rate
32
₹74.89 Cr
27
9
₹7.73 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
32
₹74.89 Cr
Qualified
27
Wins
9
₹7.73 Cr
28.1% win rate

Ministry of Petroleum and Natural Gas

16.0% win rate
25
₹127.95 Cr
18
4
₹5.81 Cr

Ministry of Petroleum and Natural Gas

Bids
25
₹127.95 Cr
Qualified
18
Wins
4
₹5.81 Cr
16.0% win rate

Ministry of Education

30.8% win rate
13
₹6.52 Cr
11
4
₹1.50 Cr

Ministry of Education

Bids
13
₹6.52 Cr
Qualified
11
Wins
4
₹1.50 Cr
30.8% win rate

Ministry of Civil Aviation

40.0% win rate
10
₹12.96 Cr
8
4
₹3.59 Lakh

Ministry of Civil Aviation

Bids
10
₹12.96 Cr
Qualified
8
Wins
4
₹3.59 Lakh
40.0% win rate

PMO

10.0% win rate
10
₹34.87 Cr
10
1
₹18.29 Lakh

PMO

Bids
10
₹34.87 Cr
Qualified
10
Wins
1
₹18.29 Lakh
10.0% win rate

Ministry of Housing & Urban Affairs (MoHUA)

25.0% win rate
8
₹37.27 Cr
5
2
₹6.75 Cr

Ministry of Housing & Urban Affairs (MoHUA)

Bids
8
₹37.27 Cr
Qualified
5
Wins
2
₹6.75 Cr
25.0% win rate

Ministry of Commerce and Industry

57.1% win rate
7
₹2.18 Cr
4
4
₹2.07 Cr

Ministry of Commerce and Industry

Bids
7
₹2.18 Cr
Qualified
4
Wins
4
₹2.07 Cr
57.1% win rate

Ministry of Steel

28.6% win rate
7
₹235.54 Cr
6
2
₹3.63 Lakh

Ministry of Steel

Bids
7
₹235.54 Cr
Qualified
6
Wins
2
₹3.63 Lakh
28.6% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
5
₹134.17 Cr
3
0
₹0

Ministry of Chemicals and Fertilizers

Bids
5
₹134.17 Cr
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Electronics and Information Technology

20.0% win rate
5
₹4.29 Cr
4
1
₹5.84 Lakh

Ministry of Electronics and Information Technology

Bids
5
₹4.29 Cr
Qualified
4
Wins
1
₹5.84 Lakh
20.0% win rate

Ministry of Coal

50.0% win rate
4
₹28.44 Cr
4
2
₹24.40 Lakh

Ministry of Coal

Bids
4
₹28.44 Cr
Qualified
4
Wins
2
₹24.40 Lakh
50.0% win rate

Ministry of Mines

25.0% win rate
4
₹31.80 Cr
1
1
₹1.45 Cr

Ministry of Mines

Bids
4
₹31.80 Cr
Qualified
1
Wins
1
₹1.45 Cr
25.0% win rate

Ministry of Defence

66.7% win rate
3
₹8.95 Cr
3
2
₹6.68 Cr

Ministry of Defence

Bids
3
₹8.95 Cr
Qualified
3
Wins
2
₹6.68 Cr
66.7% win rate

Ministry of Micro Small and Medium Enterprises

33.3% win rate
3
₹3.59 Cr
2
1
₹3.54 Cr

Ministry of Micro Small and Medium Enterprises

Bids
3
₹3.59 Cr
Qualified
2
Wins
1
₹3.54 Cr
33.3% win rate

Ministry of Consumer Affairs Food and Public Distribution

0.0% win rate
2
₹73.14 Cr
0
0
₹0

Ministry of Consumer Affairs Food and Public Distribution

Bids
2
₹73.14 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Health and Family Welfare

0.0% win rate
1
₹12.39 Lakh
0
0
₹0

Ministry of Health and Family Welfare

Bids
1
₹12.39 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Information and Broadcasting

0.0% win rate
1
₹36K
1
0
₹0

Ministry of Information and Broadcasting

Bids
1
₹36K
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of New and Renewable Energy

100.0% win rate
1
₹12.76 Lakh
1
1
₹12.76 Lakh

Ministry of New and Renewable Energy

Bids
1
₹12.76 Lakh
Qualified
1
Wins
1
₹12.76 Lakh
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 239 bids — THE NEW INDIA ASSURANCE COMPANY LIMITED appeared in 131 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

GO DIGIT GENERAL INSURANCE LIMITED

Your Company
20.5% win rate
239
₹1769.55 Cr
191
79.9%
49
₹73.37 Cr

GO DIGIT GENERAL INSURANCE LIMITED

Your Company
Total Bids
239
₹1769.55 Cr
Qualified
191
79.9%
Wins
49
₹73.37 Cr
20.5% win rate
THE NEW INDIA ASSURANCE COMPANY LIMITED
22.1% win rate
131
₹1628.88 Cr
110
84.0%
29
₹574.47 Cr
THE NEW INDIA ASSURANCE COMPANY LIMITED
Total Bids
131
₹1628.88 Cr
Qualified
110
84.0%
Wins
29
₹574.47 Cr
22.1% win rate
UNITED INDIA INSURANCE COMPANY LIMITED
18.0% win rate
161
₹1616.98 Cr
136
84.5%
29
₹223.75 Cr
UNITED INDIA INSURANCE COMPANY LIMITED
Total Bids
161
₹1616.98 Cr
Qualified
136
84.5%
Wins
29
₹223.75 Cr
18.0% win rate
THE ORIENTAL INSURANCE COMPANY LIMITED
18.3% win rate
137
₹1566.33 Cr
119
86.9%
25
₹205.03 Cr
THE ORIENTAL INSURANCE COMPANY LIMITED
Total Bids
137
₹1566.33 Cr
Qualified
119
86.9%
Wins
25
₹205.03 Cr
18.3% win rate
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED
10.3% win rate
146
₹1348.92 Cr
115
78.8%
15
₹121.99 Cr
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED
Total Bids
146
₹1348.92 Cr
Qualified
115
78.8%
Wins
15
₹121.99 Cr
10.3% win rate
NATIONAL INSURANCE COMPANY LIMITED
18.9% win rate
153
₹1533.88 Cr
127
83.0%
29
₹101.30 Cr
NATIONAL INSURANCE COMPANY LIMITED
Total Bids
153
₹1533.88 Cr
Qualified
127
83.0%
Wins
29
₹101.30 Cr
18.9% win rate
TATA AIG GENERAL INSURANCE COMPANY LIMITED
5.0% win rate
60
₹975.97 Cr
47
78.3%
3
₹97.41 Cr
TATA AIG GENERAL INSURANCE COMPANY LIMITED
Total Bids
60
₹975.97 Cr
Qualified
47
78.3%
Wins
3
₹97.41 Cr
5.0% win rate
BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED
6.7% win rate
75
₹1170.53 Cr
61
81.3%
5
₹82.82 Cr
BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED
Total Bids
75
₹1170.53 Cr
Qualified
61
81.3%
Wins
5
₹82.82 Cr
6.7% win rate
RELIANCE GENERAL INSURANCE COMPANY LIMITED
12.4% win rate
137
₹1281.41 Cr
122
89.0%
17
₹40.66 Cr
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Total Bids
137
₹1281.41 Cr
Qualified
122
89.0%
Wins
17
₹40.66 Cr
12.4% win rate
SBI GENERAL INSURANCE COMPANY LIMITED
8.1% win rate
74
₹1079.68 Cr
64
86.5%
6
₹14.72 Cr
SBI GENERAL INSURANCE COMPANY LIMITED
Total Bids
74
₹1079.68 Cr
Qualified
64
86.5%
Wins
6
₹14.72 Cr
8.1% win rate
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED
4.6% win rate
108
₹1204.72 Cr
84
77.8%
5
₹7.56 Cr
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED
Total Bids
108
₹1204.72 Cr
Qualified
84
77.8%
Wins
5
₹7.56 Cr
4.6% win rate
Company Profile
CINU66010PN2016PLC167410
Class
Public
Status
Active
Founded2016

Financial Details

Authorized Capital₹10.0B
Paid-up Capital₹8.7B

Registered Office

1 to 6 Floor, Ananta One, Pride Hotel Lane,Narveer Tanaji Wadi, City Survey No.1579, ShivajinagarNA-Pune-Maharashtra-411005-India


Industry Classification

Insurance

NIC Code66010

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Pune
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

199

Qualified: 152
Q Rate: 76.4%

Contract Value

₹1896.02 Cr

Avg. Bid: ₹1.31 Cr
Avg. EMD: ₹9.25 Lakh

L1 Bids

33

Win Rate: 16.6%
Q to W Ratio: 21.7%

Recent Win Rate

13.5%

Change: -5.1%
Period: FY 2024-25

Performance Analytics

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

GO DIGIT GENERAL INSURANCE LIMITED Business Analysis: Maximizing Government Tender Success

This comprehensive business analysis report provides an in-depth evaluation of GO DIGIT GENERAL INSURANCE LIMITED's performance in the government tender landscape. With a focus on financial metrics, competitive positioning, and strategic recommendations, this analysis aims to identify opportunities for enhanced business growth and improved market share within the insurance industry.

Executive Summary:

GO DIGIT GENERAL INSURANCE LIMITED has demonstrated a strategic engagement in India's public procurement sector, participating in 195 government tenders. Key performance indicators include a 16.4% win rate, securing 32 L1 positions, and engagement in 87 high-value projects. While the company shows a strong technical qualification rate of 75.9%, there is potential for improvement in bid efficiency and overall win rate. This report delves into the specifics of GO DIGIT's financial performance, competitive advantages and disadvantages, and offers strategic recommendations to optimize their approach to government tenders.

Financial Performance Analysis

This section analyzes GO DIGIT GENERAL INSURANCE LIMITED's financial performance in the context of government tenders. It evaluates key metrics such as contract values, bid amounts, and win rates across different financial years.

Key Financial Metrics:

  • Total Contract Value: GO DIGIT has secured contracts with a total value of ₹18,77,79,74,785.0 from government tenders.