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gsl associates private limited Tender Performance & Track Recordgsl associates private limited

CIN: U62200CH1997PTC019982
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U62200CH1997PTC019982
Active
Private
Company limited by shares

Company Overview

Summary
GSL Associates: Dominating Government Tenders with 40% Win Rate & 100% Qualification GSL Associates Private Limited is making significant strides in India's government tender ecosystem, showcasing a 40% win rate and 100% technical qualification rate. This comprehensive business analysis explores their financial performance, competitive landscape, and strategic recommendations for sustained growth in the public sector.
Primary Ministry: Ministry of PowerPrimary Department: POWER GRID Corporation OF INDIA Limited
Founded: 1997State: CHANDIGARH
Primary Ministry:
Ministry of Power
Primary Department:
POWER GRID Corporation OF INDIA Limited
Founded:1997
State:CHANDIGARH

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids4
Value₹2.46Cr

Qualified Bids / Q Rate

Bids4
Q Rate100.0%

Total Wins / Win Value

Win1
Value₹34.81L

Wins Rate / Q-W Rate

Rate25.0%
Q-W Rate25.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Power

25.0% win rate
4
₹2.46 Cr
4
1
₹34.81 Lakh

Ministry of Power

Bids
4
₹2.46 Cr
Qualified
4
Wins
1
₹34.81 Lakh
25.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 4 bids — DROGO DRONES PRIVATE LIMITED appeared in 3 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

GSL ASSOCIATES PRIVATE LIMITED

Your Company
25.0% win rate
4
₹2.46 Cr
4
100.0%
1
₹34.81 Lakh

GSL ASSOCIATES PRIVATE LIMITED

Your Company
Total Bids
4
₹2.46 Cr
Qualified
4
100.0%
Wins
1
₹34.81 Lakh
25.0% win rate
DROGO DRONES PRIVATE LIMITED
33.3% win rate
3
₹1.93 Cr
3
100.0%
1
₹1.10 Cr
DROGO DRONES PRIVATE LIMITED
Total Bids
3
₹1.93 Cr
Qualified
3
100.0%
Wins
1
₹1.10 Cr
33.3% win rate
KAMBILL SYSTEMS PRIVATE LIMITED
50.0% win rate
2
₹88.15 Lakh
2
100.0%
1
₹53.34 Lakh
KAMBILL SYSTEMS PRIVATE LIMITED
Total Bids
2
₹88.15 Lakh
Qualified
2
100.0%
Wins
1
₹53.34 Lakh
50.0% win rate
AERODYNE INDIA VENTURES PRIVATE LIMITED
0.0% win rate
3
₹1.93 Cr
1
33.3%
0
₹0
AERODYNE INDIA VENTURES PRIVATE LIMITED
Total Bids
3
₹1.93 Cr
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
INVENTGRID INDIA PRIVATE LIMITED
0.0% win rate
3
₹1.98 Cr
2
66.7%
0
₹0
INVENTGRID INDIA PRIVATE LIMITED
Total Bids
3
₹1.98 Cr
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
KNIFEDGE LAB TECHNOLOGIES PRIVATE LIMITED
0.0% win rate
3
₹1.93 Cr
2
66.7%
0
₹0
KNIFEDGE LAB TECHNOLOGIES PRIVATE LIMITED
Total Bids
3
₹1.93 Cr
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
MAVIC AVIATION
0.0% win rate
3
₹1.93 Cr
0
0.0%
0
₹0
MAVIC AVIATION
Total Bids
3
₹1.93 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
AEROFLUTTER TECHLABS
0.0% win rate
2
₹1.45 Cr
0
0.0%
0
₹0
AEROFLUTTER TECHLABS
Total Bids
2
₹1.45 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
GARUDAUAV SOFT SOLUTIONS PRIVATE LIMITED
0.0% win rate
2
₹88.15 Lakh
2
100.0%
0
₹0
GARUDAUAV SOFT SOLUTIONS PRIVATE LIMITED
Total Bids
2
₹88.15 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
M/S. SKY TECHNOLOGIES
0.0% win rate
2
₹1.01 Cr
1
50.0%
0
₹0
M/S. SKY TECHNOLOGIES
Total Bids
2
₹1.01 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
KPSA SERVICES PRIVATE LIMITED
0.0% win rate
1
₹53.34 Lakh
0
0.0%
0
₹0
KPSA SERVICES PRIVATE LIMITED
Total Bids
1
₹53.34 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU62200CH1997PTC019982
Class
Private
Status
Active
Founded1997

Financial Details

Authorized Capital₹10.0L
Paid-up Capital₹10.0L

Registered Office

447SECTOR 35 A CHANDIGARHNA-U T-Chandigarh-160022-India


Industry Classification

Transport, storage and Communications

NIC Code62200

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Chandigarh
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

5

Qualified: 5
Q Rate: 100.0%

Contract Value

₹2.46 Cr

Avg. Bid: ₹37.61 Lakh
Avg. EMD: ₹2.27 Lakh

L1 Bids

2

Win Rate: 40.0%
Q to W Ratio: 40.0%

Recent Win Rate

33.3%

Change: -16.7%
Period: FY 2024-25

Performance Analytics

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

GSL Associates: Dominating Government Tenders with 40% Win Rate & 100% Qualification

GSL Associates Private Limited is making significant strides in India's government tender ecosystem, showcasing a 40% win rate and 100% technical qualification rate. This comprehensive business analysis explores their financial performance, competitive landscape, and strategic recommendations for sustained growth in the public sector.

Executive Summary

GSL Associates demonstrates a strong commitment to securing government contracts, highlighted by their impressive 40% win rate across 5 bids. Their financial performance reveals a 100% conversion rate from bid value to won contracts, demonstrating effective targeting and procurement strategies. While primarily focused on tenders from the Ministry of Power, particularly within aerial drone-based survey work, there are opportunities to expand into new sectors and optimize their competitive positioning. The company's financial health is rated as 'Good' with a score of 69.5/100, indicating a solid foundation for future growth.

Financial Performance of GSL Associates Private Limited

Key Financial Metrics

  • Total Contract Value: ₹2,45,99,295.0
  • Average Earnest Money Deposit (EMD): ₹2,27,436.0
  • Win Rate: 40%