vara technology 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 14 bids — MICROWORLD SOFTWARE SERVICES PRIVATE LIMITED appeared in 6 of them.
VARA TECHNOLOGY PRIVATE LIMITED
VARA TECHNOLOGY PRIVATE LIMITED
Financial Details
Registered Office
IPCL Building, Plot No. X-1, 2 & 3, Block EP Sector V, Salt LakeNA-Kolkata-West Bengal-700091-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
29
Contract Value
₹38.98 Cr
L1 Bids
3
Recent Win Rate
14.3%
Performance Analytics
VARA Technology Private Limited: Government Tender Performance Analysis
VARA Technology Private Limited has actively participated in the Indian government procurement landscape, submitting bids for 29 government tenders. This analysis, powered by TenderAI, provides a comprehensive overview of their tender performance, financial health, and competitive positioning. As of March 2025, Vara Technology has secured ₹38.98 crore in government contract value.
Executive Summary
VARA Technology's tender performance between FY2020-21 and FY2024-25 reveals a 10.3% win rate across 29 bids. The company's qualification rate stands at 58.6%, indicating a moderate ability to meet technical requirements. Total contract value secured is ₹38.98 crore. A TenderAI financial health assessment, based on win rate, contract value, bid efficiency, growth, and consistency, scores the company at 29.9, indicating a 'Critical' status.
VARA Technology shows strength in bidding for high-value government contracts, with participation in 7 major projects. However, the win rate in these high-value projects is 0.0%. Their market positioning is challenged by a low overall win rate. The company has demonstrated a focused approach towards the Department of Military Affairs and Department of Financial Services within the Ministry of Defence and Ministry of Finance respectively.
Financial Performance Analysis
Yearly Trends:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |