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shivay meritorious furnitures private limited Tender Performance & Track Recordshivay meritorious furnitures private limited

CIN: U36109MP2022PTC063031
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U36109MP2022PTC063031
Active
Private
Company limited by shares

Company Overview

Summary
SHIVAY MERITORIOUS FURNITURES PRIVATE LIMITED: Business Analysis & Strategic Recommendations This report provides a comprehensive business analysis of SHIVAY MERITORIOUS FURNITURES PRIVATE LIMITED, focusing on their financial performance, competitive landscape, and strategic opportunities within the government tender ecosystem. With a recent win rate of 75% and significant contract wins, the company demonstrates potential for growth despite facing challenges in bid efficiency and overall financial health.
Primary Ministry: Ministry of TextilesPrimary Department: School Education Department Madhya Pradesh
Founded: 2022State: MADHYA PRADESH
Primary Ministry:
Ministry of Textiles
Primary Department:
School Education Department Madhya Pradesh
Founded:2022
State:MADHYA PRADESH

Tender Performance

Data for 01 April 2024 to 31 October 2025

Live Data

Total Bids / Contract Value

Bids6
Value₹86.60L

Qualified Bids / Q Rate

Bids4
Q Rate66.7%

Total Wins / Win Value

Win3
Value₹30.29L

Wins Rate / Q-W Rate

Rate50.0%
Q-W Rate75.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Textiles

0.0% win rate
1
₹11.85 Lakh
1
0
₹0

Ministry of Textiles

Bids
1
₹11.85 Lakh
Qualified
1
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 6 bids — CREATING SPACE PRIVATE LIMITED appeared in 2 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

SHIVAY MERITORIOUS FURNITURES PRIVATE LIMITED

Your Company
50.0% win rate
6
₹86.60 Lakh
4
66.7%
3
₹30.29 Lakh

SHIVAY MERITORIOUS FURNITURES PRIVATE LIMITED

Your Company
Total Bids
6
₹86.60 Lakh
Qualified
4
66.7%
Wins
3
₹30.29 Lakh
50.0% win rate
CREATING SPACE PRIVATE LIMITED
50.0% win rate
2
₹51.14 Lakh
1
50.0%
1
₹41.62 Lakh
CREATING SPACE PRIVATE LIMITED
Total Bids
2
₹51.14 Lakh
Qualified
1
50.0%
Wins
1
₹41.62 Lakh
50.0% win rate
KHANDELWAL AND KHANDELWAL
50.0% win rate
2
₹44.47 Lakh
0
0.0%
1
₹2.84 Lakh
KHANDELWAL AND KHANDELWAL
Total Bids
2
₹44.47 Lakh
Qualified
0
0.0%
Wins
1
₹2.84 Lakh
50.0% win rate
BASANT ENTERPRISES
0.0% win rate
4
₹42.14 Lakh
4
100.0%
0
₹0
BASANT ENTERPRISES
Total Bids
4
₹42.14 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
JALARAM STEEL FURNITURE PRIVATE LIMITED
0.0% win rate
3
₹30.29 Lakh
0
0.0%
0
₹0
JALARAM STEEL FURNITURE PRIVATE LIMITED
Total Bids
3
₹30.29 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
EROS FURNITURE PRIVATE LIMITED
0.0% win rate
3
₹54.46 Lakh
0
0.0%
0
₹0
EROS FURNITURE PRIVATE LIMITED
Total Bids
3
₹54.46 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
LEAF SEATING SYSTEMS
0.0% win rate
3
₹30.29 Lakh
3
100.0%
0
₹0
LEAF SEATING SYSTEMS
Total Bids
3
₹30.29 Lakh
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
PRITI INTERNATIONAL LIMITED
0.0% win rate
3
₹62.99 Lakh
1
33.3%
0
₹0
PRITI INTERNATIONAL LIMITED
Total Bids
3
₹62.99 Lakh
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
SHREE HARIOM ALUMUNIUM
0.0% win rate
2
₹12.84 Lakh
0
0.0%
0
₹0
SHREE HARIOM ALUMUNIUM
Total Bids
2
₹12.84 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
TRIDENT TECH ENTERPRISES
0.0% win rate
2
₹12.84 Lakh
0
0.0%
0
₹0
TRIDENT TECH ENTERPRISES
Total Bids
2
₹12.84 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
ABHIJEET ENTERPRISES
0.0% win rate
2
₹21.37 Lakh
2
100.0%
0
₹0
ABHIJEET ENTERPRISES
Total Bids
2
₹21.37 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU36109MP2022PTC063031
Class
Private
Status
Active
Founded2022

Financial Details

Authorized Capital₹1.0L
Paid-up Capital₹1.0L

Registered Office

B-9/603, Fortune Soumya Heritage, Hoshangabad Road,NA-Bhopal-Madhya Pradesh-462026-India

Industry Classification

Manufacturing (Others)

NIC Code36109

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Gwalior
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

41

Qualified: 16
Q Rate: 39.0%

Contract Value

₹7.96 Cr

Avg. Bid: ₹14.78 Lakh
Avg. EMD: ₹49K

L1 Bids

5

Win Rate: 12.2%
Q to W Ratio: 31.2%

Recent Win Rate

75.0%

Change: +69.6%
Period: FY 2024-25

Performance Analytics

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

SHIVAY MERITORIOUS FURNITURES PRIVATE LIMITED: Business Analysis & Strategic Recommendations

This report provides a comprehensive business analysis of SHIVAY MERITORIOUS FURNITURES PRIVATE LIMITED, focusing on their financial performance, competitive landscape, and strategic opportunities within the government tender ecosystem. With a recent win rate of 75% and significant contract wins, the company demonstrates potential for growth despite facing challenges in bid efficiency and overall financial health.

Executive Summary

SHIVAY MERITORIOUS FURNITURES has demonstrated a notable 75% win rate in recent tenders, signaling an increasing ability to secure government contracts. However, the company's overall financial health is rated as 'Critical' with a score of 17.7/100, indicating areas needing improvement. While they've secured valuable contracts totaling ₹7,95,77,565.0, their bid efficiency remains low, requiring an average of 8.2 bids per win. This analysis explores these key performance metrics and provides strategic recommendations to enhance SHIVAY MERITORIOUS FURNITURES' competitive positioning and sustainable business growth within the furniture manufacturing sector.

Financial Performance Analysis

This section delves into SHIVAY MERITORIOUS FURNITURES' financial performance in government tenders, analyzing key metrics and identifying trends.

Key Financial Metrics

  • Total Contract Value: ₹79,577,565.0