lucky wheels private limited Tender Performance & Track Recordlucky wheels private limited

Lucky Wheels Private Limited: Government Tender Performance Analysis

Lucky Wheels Private Limited is establishing a notable presence in the Indian government tender ecosystem, particularly within Maharashtra. With participation in 3 tenders between FY2022-23 and FY2024-25, this analysis examines their tender performance, technical qualification rate, and emerging procurement strategy.

Exceptional Tender Success Rate: 66.7%

Lucky Wheels demonstrates impressive government tender performance with a 66.7% win rate. Out of 3 tenders, they have secured 2 L1 positions, establishing them as a competitive government contractor. These wins occurred in FY2024-25 within the Department of Panchayati Raj. They have also achieved a strong technical qualification rate of 100.0%, indicating a robust understanding of government procurement requirements.

Strategic Focus on Maharashtra Tenders

Lucky Wheels is establishing a strong regional presence in Maharashtra government tenders. Their tender history includes engagement with the Department of Panchayati Raj and the Urban Development Department, showcasing expertise in diverse organizational procurement requirements. Their involvement with Kolhapur District Panchayats demonstrates familiarity with local government procurement.

Financial Health Assessment

TenderAI's analysis gives Lucky Wheels a 'Satisfactory' financial health score of 58.2/100. Key components include a 100 win rate, 8.4 contract value, 95.0 bid efficiency, 50.0 growth, and 0 consistency. This score indicates the need to improve overall financial performance despite a very strong win rate.