innovation meditech private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 14 September 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 8 bids — EDUSOFT HEALTHCARE PRIVATE LIMITED appeared in 5 of them.
INNOVATION MEDITECH PRIVATE LIMITED
INNOVATION MEDITECH PRIVATE LIMITED
Financial Details
Registered Office
B-6 SECTOR-88NOIDA-NOIDA-Uttar Pradesh-201301-India
Industry Classification
Manufacturing (Machinery & Equipments)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
35
Contract Value
₹10.16 Cr
L1 Bids
11
Recent Win Rate
50.0%
Performance Analytics
Government Tender Analysis: Innovation Meditech - Driving Success in Medical Equipment Procurement
Innovation Meditech Private Limited is actively participating in the Indian government procurement landscape, particularly within the medical equipment sector. With a history of 35 bids since FY2022-23, the company demonstrates commitment to public sector contracts. Key performance metrics indicate a 31.4% overall win rate and a 74.3% qualification rate, highlighting their ability to meet technical specifications and compliance standards. As of FY2024-25, Innovation Meditech's financial health is rated as 'Satisfactory' with a score of 50.1/100, based on factors like win rate, contract value, bid efficiency, and growth. The company shows strength in the Medical Education Department Uttar Pradesh. This report offers a comprehensive analysis of Innovation Meditech's tender performance, including financial trends, category specialization, and competitive positioning, to provide stakeholders with valuable insights for strategic decision-making. The analysis leverages TenderAI's advanced analytics to offer actionable recommendations for improving future tender success.
Financial Performance Analysis
Innovation Meditech's financial performance in government tenders reveals a fluctuating yet promising trend. The following table summarizes the yearly performance metrics:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |
|---|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | 0.0% | ₹0 |
| FY 2019-20 | 0 | 0 | 0.0% | 0.0% | ₹0 |
| FY 2020-21 | 0 | 0 | 0.0% | 0.0% | ₹0 |
| FY 2021-22 | 0 | 0 | 0.0% | 0.0% | ₹0 |
| FY 2022-23 | 9 | 4 | 66.7% | 44.4% | ₹1,53,97,962 |