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korutech india private limited. Tender Performance & Track Recordkorutech india private limited.

CIN: U51433TN2005PTC058317
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U51433TN2005PTC058317
Active
Private
Company limited by shares

Company Overview

Summary
KORUTECH INDIA PRIVATE LIMITED Business Analysis: Dominating Government Tenders with a 13.2% Win Rate KORUTECH INDIA PRIVATE LIMITED has made significant strides in the Indian government tender landscape. This comprehensive industry sector business analysis provides a detailed overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations for enhanced growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 2005State: TAMIL NADU
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:2005
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 30 October 2025

Live Data

Total Bids / Contract Value

Bids130
Value₹2.59Cr

Qualified Bids / Q Rate

Bids87
Q Rate66.9%

Total Wins / Win Value

Win13
Value₹20.38L

Wins Rate / Q-W Rate

Rate10.0%
Q-W Rate14.9%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

11.3% win rate
115
₹2.14 Cr
79
13
₹20.38 Lakh

Ministry of Defence

Bids
115
₹2.14 Cr
Qualified
79
Wins
13
₹20.38 Lakh
11.3% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
14
₹41.65 Lakh
8
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
14
₹41.65 Lakh
Qualified
8
Wins
0
₹0
0.0% win rate

PMO

0.0% win rate
1
₹3.12 Lakh
0
0
₹0

PMO

Bids
1
₹3.12 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 130 bids — NAMOH TOOLINGS appeared in 38 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

KORUTECH INDIA PRIVATE LIMITED.

Your Company
10.0% win rate
130
₹2.59 Cr
87
66.9%
13
₹20.38 Lakh

KORUTECH INDIA PRIVATE LIMITED.

Your Company
Total Bids
130
₹2.59 Cr
Qualified
87
66.9%
Wins
13
₹20.38 Lakh
10.0% win rate
NAMOH TOOLINGS
23.7% win rate
38
₹74.90 Lakh
32
84.2%
9
₹28.34 Lakh
NAMOH TOOLINGS
Total Bids
38
₹74.90 Lakh
Qualified
32
84.2%
Wins
9
₹28.34 Lakh
23.7% win rate
SIMPLY TECH ENTERPRISES
16.2% win rate
37
₹70.88 Lakh
37
100.0%
6
₹25.43 Lakh
SIMPLY TECH ENTERPRISES
Total Bids
37
₹70.88 Lakh
Qualified
37
100.0%
Wins
6
₹25.43 Lakh
16.2% win rate
ASSOCIATE PRODUCT & SERVICES
16.3% win rate
43
₹85.75 Lakh
39
90.7%
7
₹24.12 Lakh
ASSOCIATE PRODUCT & SERVICES
Total Bids
43
₹85.75 Lakh
Qualified
39
90.7%
Wins
7
₹24.12 Lakh
16.3% win rate
KARBIT TOOLING INDIA PRIVATE LIMITED
40.0% win rate
30
₹49.45 Lakh
24
80.0%
12
₹12.13 Lakh
KARBIT TOOLING INDIA PRIVATE LIMITED
Total Bids
30
₹49.45 Lakh
Qualified
24
80.0%
Wins
12
₹12.13 Lakh
40.0% win rate
ISCAR INDIA PRIVATE LIMITED
17.5% win rate
40
₹72.35 Lakh
36
90.0%
7
₹11.65 Lakh
ISCAR INDIA PRIVATE LIMITED
Total Bids
40
₹72.35 Lakh
Qualified
36
90.0%
Wins
7
₹11.65 Lakh
17.5% win rate
S.SAIFY & CO.
30.9% win rate
42
₹88.78 Lakh
37
88.1%
13
₹11.37 Lakh
S.SAIFY & CO.
Total Bids
42
₹88.78 Lakh
Qualified
37
88.1%
Wins
13
₹11.37 Lakh
30.9% win rate
FOURWAYZ DISTRIBUTORS PRIVATE LIMITED
7.1% win rate
28
₹65.88 Lakh
25
89.3%
2
₹10.01 Lakh
FOURWAYZ DISTRIBUTORS PRIVATE LIMITED
Total Bids
28
₹65.88 Lakh
Qualified
25
89.3%
Wins
2
₹10.01 Lakh
7.1% win rate
MNY TECHNOLOGIES
4.8% win rate
21
₹51.33 Lakh
20
95.2%
1
₹31K
MNY TECHNOLOGIES
Total Bids
21
₹51.33 Lakh
Qualified
20
95.2%
Wins
1
₹31K
4.8% win rate
NSV INDUSTRIAL SALES & SERVICES
0.0% win rate
21
₹44.92 Lakh
21
100.0%
0
₹0
NSV INDUSTRIAL SALES & SERVICES
Total Bids
21
₹44.92 Lakh
Qualified
21
100.0%
Wins
0
₹0
0.0% win rate
MATCUT ENTERPRISE
0.0% win rate
21
₹33.52 Lakh
9
42.9%
0
₹0
MATCUT ENTERPRISE
Total Bids
21
₹33.52 Lakh
Qualified
9
42.9%
Wins
0
₹0
0.0% win rate
Company Profile
CINU51433TN2005PTC058317
Class
Private
Status
Active
Founded2005

Financial Details

Authorized Capital₹60.0L
Paid-up Capital₹59.5L

Registered Office

NEW NO 317, OLD NO.153, 1ST FLOOR, THAMBU CHETTY STREETNA-CHENNAI-Tamil Nadu-600001-India

Industry Classification

Trading

NIC Code51433

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Chennai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

312

Qualified: 209
Q Rate: 67.0%

Contract Value

₹9.56 Cr

Avg. Bid: ₹1.97 Lakh
Avg. EMD: ₹0

L1 Bids

41

Win Rate: 13.1%
Q to W Ratio: 19.6%

Recent Win Rate

9.3%

Change: -2.7%
Period: FY 2024-25

Performance Analytics

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

KORUTECH INDIA PRIVATE LIMITED Business Analysis: Dominating Government Tenders with a 13.2% Win Rate

KORUTECH INDIA PRIVATE LIMITED has made significant strides in the Indian government tender landscape. This comprehensive industry sector business analysis provides a detailed overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations for enhanced growth.

Executive Summary

KORUTECH INDIA PRIVATE LIMITED demonstrates a proactive approach to government procurement, participating in 311 tenders with a win rate of 13.2%. Their strategic focus on securing L1 positions in government tenders has led to 41 contract wins, solidifying their presence in the public sector. Despite a recent decline in win rate, their technical qualification rate remains high at 67.2%, indicating strong compliance capabilities. Overall, KORUTECH INDIA's performance showcases both strengths and areas for improvement in their government tender strategy.

Financial Performance of KORUTECH INDIA

This section delves into the financial aspects of KORUTECH INDIA's tender activities, providing insights into contract values, win rates, and key financial metrics.

Contract Value and Win Rates

  • Total Contract Value Secured: ₹9,55,71,186.0