setco spindles india 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 5 bids — PRECISION MACHINEKRAFT PVT LTD appeared in 4 of them.
SETCO SPINDLES INDIA PRIVATE LIMITED
SETCO SPINDLES INDIA PRIVATE LIMITED
Financial Details
Registered Office
Shed No. 2, Sr. No. 14, Dhadge Industrial Estate NandedNA-Pune-Maharashtra-411041-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
5
Contract Value
₹28.33 Lakh
L1 Bids
3
Recent Win Rate
100.0%
Performance Analytics
Setco Spindles India: Comprehensive Government Tender Performance Analysis
Setco Spindles India Private Limited is rapidly establishing its presence in the Indian government tender ecosystem. This report provides a detailed analysis of their tender performance, financial health, competitive positioning, and strategic recommendations, specifically tailored for Indian government procurement audiences and relevant industry stakeholders. Setco Spindles India is a government contractor with an exceptional tender success rate.
Executive Summary
Setco Spindles India has demonstrated strong performance in government tenders, achieving a 60.0% win rate between FY2021-22 and FY2024-25. Out of 5 tenders, they have secured 3 L1 positions, indicating a high level of competitiveness. Their qualification rate stands at 80.0%, reflecting their ability to meet technical requirements. Between FY2021-22 and FY2024-25, the total contract value secured is ₹28,32,821. Their financial health score, assessed by TenderAI, is 49.5, categorized as 'Concerning,' highlighting areas for improvement.
Setco Spindles India's market positioning is primarily within the spindle repair and servicing sector. They have demonstrated expertise in tenders related to repair and servicing of GAMFIOR integral spindles and integral spindle BT-50 models. The company's primary focus has been on tenders from the Ministry of Defence, specifically the Department of Defence Production and Ministry of Heavy Industries and Public Enterprises, particularly Advanced Weapons And Equipment India Limited.
This report delves into Setco Spindles India's financial performance, product/service category performance, geographical & departmental distribution, competitive analysis, SWOT analysis, strategic recommendations, and future growth outlook. This detailed analysis aims to provide stakeholders with a comprehensive understanding of Setco Spindles India's capabilities and potential within the Indian government procurement landscape. The analysis incorporates TenderAI's proprietary algorithms and data-driven insights to offer actionable intelligence for informed decision-making. Use this analysis of Setco Spindles India for all your future procurement needs.