nuvo medsurg 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 43 bids — S J D SURGICOT PRIVATE LIMITED appeared in 13 of them.
NUVO MEDSURG PRIVATE LIMITED
NUVO MEDSURG PRIVATE LIMITED
Financial Details
Registered Office
HOUSE NO. 59, M-BLOCK NEAR SHIV MANDIR, SHASTRI NAGARNA-NEW DELHI-Delhi-110052-India
Industry Classification
Trading
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
88
Contract Value
₹10.06 Cr
L1 Bids
13
Recent Win Rate
22.2%
Performance Analytics
Nuvo Medsurg Private Limited: Government Tender Analysis
Nuvo Medsurg Private Limited, a key player in the Indian medical supply sector, demonstrates a strategic approach to government tenders. This comprehensive analysis, powered by TenderAI, examines Nuvo Medsurg's tender performance, financial metrics, competitive landscape, and provides actionable recommendations for future growth in the Indian government procurement market. From April 2018 to March 2025, Nuvo Medsurg participated in 88 tenders, showcasing their active engagement in the sector. Nuvo Medsurg's tender performance metrics include a 14.8% overall win rate, a strong 81.8% qualification rate, and significant engagement with key ministries like the Ministry of Defence and departments such as the Education Department Chandigarh.
Financial Health & Performance:
TenderAI's financial health assessment scores Nuvo Medsurg at 52.6 out of 100, indicating a 'Satisfactory' rating. This score is based on components like win rate, contract value, bid efficiency, growth, and consistency. The company’s financial performance analysis reveals a total contract value of ₹10,05,89,654 secured across various government tenders. Nuvo Medsurg’s commitment to growth is evident in its recent performance trends. The company's overall win rate of 14.8% across 88 tenders, securing significant government contract value.
Market Positioning & Competitive Landscape:
Nuvo Medsurg's market positioning in the competitive tender landscape indicates a 'Challenging' position, according to TenderAI analysis. The company faces stiff competition from established players like Futura Surgicare Private Limited and Cygnet Meditech Private Limited. Understanding Nuvo Medsurg's tender success patterns and competitive bidding practices is crucial for stakeholders in the Indian government procurement ecosystem. This report provides insights for government procurement officers, industry sector specialists, competitors, suppliers, investors, and market analysts.