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innovas solutions india private limited Tender Performance & Track Recordinnovas solutions india private limited

CIN: U29200OR2022PTC040837
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U29200OR2022PTC040837
Active
Private
Company limited by shares

Company Overview

Summary
INNOVAS SOLUTIONS INDIA PRIVATE LIMITED: Government Tender Analysis & Performance Report Innovas Solutions India Private Limited is making strides in the government tender landscape, demonstrating a developing proficiency in public sector procurement. This comprehensive analysis delves into their tender history, financial performance, competitive positioning, and strategic opportunities.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Founded: 2022State: ORISSA
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited
Founded:2022
State:ORISSA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids13
Value₹40.73L

Qualified Bids / Q Rate

Bids9
Q Rate69.2%

Total Wins / Win Value

Win1
Value₹2.64L

Wins Rate / Q-W Rate

Rate7.7%
Q-W Rate11.1%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

7.7% win rate
13
₹40.73 Lakh
9
1
₹2.64 Lakh

Ministry of Steel

Bids
13
₹40.73 Lakh
Qualified
9
Wins
1
₹2.64 Lakh
7.7% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 13 bids — KRISHNA ENTERPRISES appeared in 5 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

INNOVAS SOLUTIONS INDIA PRIVATE LIMITED

Your Company
7.7% win rate
13
₹40.73 Lakh
9
69.2%
1
₹2.64 Lakh

INNOVAS SOLUTIONS INDIA PRIVATE LIMITED

Your Company
Total Bids
13
₹40.73 Lakh
Qualified
9
69.2%
Wins
1
₹2.64 Lakh
7.7% win rate
KRISHNA ENTERPRISES
60.0% win rate
5
₹15.75 Lakh
4
80.0%
3
₹9.35 Lakh
KRISHNA ENTERPRISES
Total Bids
5
₹15.75 Lakh
Qualified
4
80.0%
Wins
3
₹9.35 Lakh
60.0% win rate
INDO PROFILES
33.3% win rate
3
₹11.30 Lakh
1
33.3%
1
₹6.14 Lakh
INDO PROFILES
Total Bids
3
₹11.30 Lakh
Qualified
1
33.3%
Wins
1
₹6.14 Lakh
33.3% win rate
LAXMI HYDRAULICS PVT LTD
25.0% win rate
4
₹17.25 Lakh
3
75.0%
1
₹4.34 Lakh
LAXMI HYDRAULICS PVT LTD
Total Bids
4
₹17.25 Lakh
Qualified
3
75.0%
Wins
1
₹4.34 Lakh
25.0% win rate
JESTEK ENGINEERING
25.0% win rate
4
₹17.49 Lakh
3
75.0%
1
₹3.76 Lakh
JESTEK ENGINEERING
Total Bids
4
₹17.49 Lakh
Qualified
3
75.0%
Wins
1
₹3.76 Lakh
25.0% win rate
WHEEL BOARD AND COMPANY
20.0% win rate
5
₹10.11 Lakh
4
80.0%
1
₹1.26 Lakh
WHEEL BOARD AND COMPANY
Total Bids
5
₹10.11 Lakh
Qualified
4
80.0%
Wins
1
₹1.26 Lakh
20.0% win rate
ANMAUL INDUSTRIAL PRIVATE LIMITED
0.0% win rate
7
₹23.96 Lakh
3
42.9%
0
₹0
ANMAUL INDUSTRIAL PRIVATE LIMITED
Total Bids
7
₹23.96 Lakh
Qualified
3
42.9%
Wins
0
₹0
0.0% win rate
DEEKAY ASSOCIATES
0.0% win rate
7
₹24.36 Lakh
6
85.7%
0
₹0
DEEKAY ASSOCIATES
Total Bids
7
₹24.36 Lakh
Qualified
6
85.7%
Wins
0
₹0
0.0% win rate
NBE MOTORS PRIVATE LIMITED
0.0% win rate
4
₹16.01 Lakh
1
25.0%
0
₹0
NBE MOTORS PRIVATE LIMITED
Total Bids
4
₹16.01 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
BASANT ENGINEERING COMPANY
0.0% win rate
3
₹8.12 Lakh
3
100.0%
0
₹0
BASANT ENGINEERING COMPANY
Total Bids
3
₹8.12 Lakh
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
INDUSTRIAL TOOLS & ELECTRICALS INDIA PRIVATE LIMITED
0.0% win rate
3
₹13.61 Lakh
1
33.3%
0
₹0
INDUSTRIAL TOOLS & ELECTRICALS INDIA PRIVATE LIMITED
Total Bids
3
₹13.61 Lakh
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29200OR2022PTC040837
Class
Private
Status
Active
Founded2022

Financial Details

Authorized Capital₹10.0L
Paid-up Capital₹1.0L

Registered Office

HIG-152, PH-VII, C.S. PURNA-BHUBANESWAR-Orissa-751021-India


Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29200

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Cuttack
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

19

Qualified: 12
Q Rate: 63.2%

Contract Value

₹1.01 Cr

Avg. Bid: ₹3.15 Lakh
Avg. EMD: ₹0

L1 Bids

4

Win Rate: 21.1%
Q to W Ratio: 33.3%

Recent Win Rate

11.1%

Change: -26.4%
Period: FY 2024-25

Performance Analytics

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

INNOVAS SOLUTIONS INDIA PRIVATE LIMITED: Government Tender Analysis & Performance Report

Innovas Solutions India Private Limited is making strides in the government tender landscape, demonstrating a developing proficiency in public sector procurement. This comprehensive analysis delves into their tender history, financial performance, competitive positioning, and strategic opportunities.

Executive Summary

This report provides a detailed business analysis of Innovas Solutions India's participation in government tenders. With a win rate of 21.1% across 19 bids, the company has secured valuable contracts, primarily within the Ministry of Steel and Department of Atomic Energy. While demonstrating strength in technical qualification (63.2% qualification rate), opportunities exist to enhance competitive positioning and refine bidding strategies. Despite a current financial health score of 34.6 ('Critical'), targeted improvements in bid selection, pricing, and resource allocation can drive significant growth.

Financial Performance Analysis of Innovas Solutions India

  • Total Contract Value: Innovas Solutions India has secured ₹1,00,74,048.0 in government contracts, reflecting their ability to convert bids into tangible revenue.
  • Average Bid Amount: The average bid amount stands at ₹314,531.85, indicating a focus on medium-sized government projects.
  • Win Rate: The current win rate is 21.1%, derived from 4 L1 positions out of 19 bids. While competitive, this metric presents significant room for improvement through strategic adjustments.

Yearly Financial Performance