ric innovation
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 21 bids — APEXVISTA INFRAPROJECTS PRIVATE LIMITED appeared in 4 of them.
RIC INNOVATION
RIC INNOVATION
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
8
Contract Value
₹1.76 Cr
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
Ric Innovation: Government Tender Performance Analysis
Ric Innovation has begun establishing presence in India's government tender ecosystem with participation in 8 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.
Government Tender Participation Strategy
Ric Innovation is currently in the active exploration phase of government tender participation, having submitted bids for 8 tenders. As they continue to develop their bidding strategy and capabilities, their performance metrics will provide increasing insight into their competitive positioning and sector specialization. This early-stage data serves as a baseline for measuring future procurement success.
Financial Performance in Government Tenders
Ric Innovation has bid on contracts with a total value of ₹1,76,16,414.0, successfully securing ₹1,76,16,414.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.
The company's average Earnest Money Deposit (EMD) of ₹1,05,500.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.