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hicotronics devices private limited Tender Performance & Track Recordhicotronics devices private limited

CIN: U32103KA1997PTC022667
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U32103KA1997PTC022667
Active
Private
Company limited by shares

Company Overview

Summary
HICOTRONICS DEVICES PRIVATE LIMITED: Business Analysis Report HICOTRONICS DEVICES PRIVATE LIMITED demonstrates a strong presence in government tenders with a 27.5% win rate and has secured significant contracts. This report offers a comprehensive business analysis of their financial performance, competitive landscape, and strategic recommendations for future growth in the electronics manufacturing sector.
Primary Ministry: Ministry of Electronics and Information TechnologyPrimary Department: Department of Electronics and Information Technology
Founded: 1997State: KARNATAKA
Primary Ministry:
Ministry of Electronics and Information Technology
Primary Department:
Department of Electronics and Information Technology
Founded:1997
State:KARNATAKA

Tender Performance

Data for 01 April 2024 to 15 September 2025

Live Data

Total Bids / Contract Value

Bids43
Value₹3.91Cr

Qualified Bids / Q Rate

Bids22
Q Rate51.2%

Total Wins / Win Value

Win9
Value₹35.45L

Wins Rate / Q-W Rate

Rate20.9%
Q-W Rate40.9%

Detailed Performance Analysis

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Tender Performance by Ministries

6 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Electronics and Information Technology

11.8% win rate
17
₹98.33 Lakh
7
2
₹13.27 Lakh

Ministry of Electronics and Information Technology

Bids
17
₹98.33 Lakh
Qualified
7
Wins
2
₹13.27 Lakh
11.8% win rate

Ministry of Defence

35.7% win rate
14
₹2.61 Cr
10
5
₹6.25 Lakh

Ministry of Defence

Bids
14
₹2.61 Cr
Qualified
10
Wins
5
₹6.25 Lakh
35.7% win rate

Ministry of Heavy Industries and Public Enterprises

33.3% win rate
6
₹19.88 Lakh
4
2
₹15.92 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
6
₹19.88 Lakh
Qualified
4
Wins
2
₹15.92 Lakh
33.3% win rate

Ministry of Communications

0.0% win rate
3
₹3.98 Lakh
0
0
₹0

Ministry of Communications

Bids
3
₹3.98 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Department of Space

0.0% win rate
2
₹3.66 Lakh
1
0
₹0

Department of Space

Bids
2
₹3.66 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

PMO

0.0% win rate
1
₹4.32 Lakh
0
0
₹0

PMO

Bids
1
₹4.32 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 — SHANTINATH ELECTRONIC PARTS (INDIA) PRIVATE LIMITED appeared in 7 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HICOTRONICS DEVICES PRIVATE LIMITED

Your Company
20.9% win rate
43
₹3.91 Cr
22
51.2%
9
₹35.45 Lakh

HICOTRONICS DEVICES PRIVATE LIMITED

Your Company
Total Bids
43
₹3.91 Cr
Qualified
22
51.2%
Wins
9
₹35.45 Lakh
20.9% win rate
SHANTINATH ELECTRONIC PARTS (INDIA) PRIVATE LIMITED
57.1% win rate
7
₹58.66 Lakh
7
100.0%
4
₹44.31 Lakh
SHANTINATH ELECTRONIC PARTS (INDIA) PRIVATE LIMITED
Total Bids
7
₹58.66 Lakh
Qualified
7
100.0%
Wins
4
₹44.31 Lakh
57.1% win rate
BERYLLINE LABS PRIVATE LIMITED
37.5% win rate
8
₹29.65 Lakh
7
87.5%
3
₹11.98 Lakh
BERYLLINE LABS PRIVATE LIMITED
Total Bids
8
₹29.65 Lakh
Qualified
7
87.5%
Wins
3
₹11.98 Lakh
37.5% win rate
KRISH ELECTRO TECHNOLOGIES PRIVATE LIMITED
15.4% win rate
13
₹54.74 Lakh
8
61.5%
2
₹3.72 Lakh
KRISH ELECTRO TECHNOLOGIES PRIVATE LIMITED
Total Bids
13
₹54.74 Lakh
Qualified
8
61.5%
Wins
2
₹3.72 Lakh
15.4% win rate
FEMTO PHOTONICS
8.3% win rate
12
₹37.18 Lakh
10
83.3%
1
₹1.45 Lakh
FEMTO PHOTONICS
Total Bids
12
₹37.18 Lakh
Qualified
10
83.3%
Wins
1
₹1.45 Lakh
8.3% win rate
BHAVYA IMPEX PRIVATE LIMITED
14.3% win rate
7
₹33.63 Lakh
6
85.7%
1
₹89K
BHAVYA IMPEX PRIVATE LIMITED
Total Bids
7
₹33.63 Lakh
Qualified
6
85.7%
Wins
1
₹89K
14.3% win rate
ACTIVE DEVICES INC.
11.1% win rate
9
₹39.63 Lakh
8
88.9%
1
₹48K
ACTIVE DEVICES INC.
Total Bids
9
₹39.63 Lakh
Qualified
8
88.9%
Wins
1
₹48K
11.1% win rate
LWI ELECTRONICS INC
0.0% win rate
11
₹14.32 Lakh
7
63.6%
0
₹0
LWI ELECTRONICS INC
Total Bids
11
₹14.32 Lakh
Qualified
7
63.6%
Wins
0
₹0
0.0% win rate
BRILLIANT ELECTRO SYSTEMS PRIVATE LIMITED
0.0% win rate
11
₹26.88 Lakh
9
81.8%
0
₹0
BRILLIANT ELECTRO SYSTEMS PRIVATE LIMITED
Total Bids
11
₹26.88 Lakh
Qualified
9
81.8%
Wins
0
₹0
0.0% win rate
MANGO SEMICONDUCTORS INDIA PRIVATE LIMITED
0.0% win rate
9
₹40.00 Lakh
4
44.4%
0
₹0
MANGO SEMICONDUCTORS INDIA PRIVATE LIMITED
Total Bids
9
₹40.00 Lakh
Qualified
4
44.4%
Wins
0
₹0
0.0% win rate
QUICKSOURCE INDIA ELECTRO PRIVATE LIMITED
0.0% win rate
7
₹18.24 Lakh
6
85.7%
0
₹0
QUICKSOURCE INDIA ELECTRO PRIVATE LIMITED
Total Bids
7
₹18.24 Lakh
Qualified
6
85.7%
Wins
0
₹0
0.0% win rate
Company Profile
CINU32103KA1997PTC022667
Class
Private
Status
Active
Founded1997

Financial Details

Authorized Capital₹50.0L
Paid-up Capital₹47.0L

Registered Office

39/1, 1st Main Road, New Timber Yard Layout, Near Satellite Bus Stand, Mysore Road CrossNA-Bangalore-Karnataka-560026-India


Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code32103

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Bangalore
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

80

Qualified: 50
Q Rate: 62.5%

Contract Value

₹2.34 Cr

Avg. Bid: ₹1.68 Lakh
Avg. EMD: ₹0

L1 Bids

22

Win Rate: 27.5%
Q to W Ratio: 44.0%

Recent Win Rate

21.4%

Change: -7.8%
Period: FY 2024-25

Performance Analytics

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

HICOTRONICS DEVICES PRIVATE LIMITED: Business Analysis Report

HICOTRONICS DEVICES PRIVATE LIMITED demonstrates a strong presence in government tenders with a 27.5% win rate and has secured significant contracts. This report offers a comprehensive business analysis of their financial performance, competitive landscape, and strategic recommendations for future growth in the electronics manufacturing sector.

Executive Summary

HICOTRONICS DEVICES PRIVATE LIMITED exhibits a robust engagement in India's public procurement landscape. With 80 government tender participations, the company has strategically positioned itself in the electronics manufacturing sector. Key highlights include a win rate of 27.5%, securing 22 L1 positions, and a contract value of ₹2,34,24,534.0. This report provides an in-depth analysis of their bidding performance, tender success patterns, and competitive standing in government contracts.

Financial Performance of HICOTRONICS DEVICES

This section dives deep into the financial performance of HICOTRONICS DEVICES PRIVATE LIMITED, analyzing their bid history, contract values, and overall financial health in the government tender landscape. The goal is to provide a clear understanding of their revenue generation and financial stability.

Key Financial Metrics

  • Total Contract Value: HICOTRONICS DEVICES has secured contracts totaling ₹2,34,24,534.0 from government tenders.