vrisva space private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 03 November 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 3 bids — GEOSYSTEMS AND SURVEY SOFTWARES PRIVATE LIMITED appeared in 1 of them.
VRISVA SPACE PRIVATE LIMITED
VRISVA SPACE PRIVATE LIMITED
Financial Details
Registered Office
NO 26D, VEERASANDRA INDUSTRIAL AREA ELECTRONICS CITY PHASE 2,NA-BANGALORE-Karnataka-560100-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
4
Contract Value
₹1.63 Cr
L1 Bids
2
Recent Win Rate
50.0%
Performance Analytics
Vrisva Space Private Limited: Comprehensive Tender Performance Analysis
VRISVA SPACE PRIVATE LIMITED has emerged as a notable player in the Indian government tender landscape. This analysis provides a comprehensive overview of their tender performance, financial health, and strategic positioning within the competitive government procurement sector. The analysis leverages TenderAI's advanced analytics to provide actionable insights for government procurement officers, industry stakeholders, and potential investors.
Executive Summary
Vrisva Space Private Limited has demonstrated promising performance in government tenders, particularly within the Ministry of Defence and Ministry of Education. Between April 2023 and March 2025, the company participated in 4 tenders, achieving a remarkable 50.0% win rate. This translates to securing 2 L1 positions, showcasing their competitive pricing and effective bidding strategies. The total contract value secured during this period amounts to ₹1,62,83,350. Their technical qualification rate stands at 50.0%, indicating potential areas for improvement in meeting technical specifications.
TenderAI's financial health assessment, conducted on March 11, 2025, assigns Vrisva Space a score of 63.9, categorized as 'Satisfactory'. While the company exhibits strengths in win rate and bid efficiency, there are opportunities to enhance contract value and consistency. In the competitive landscape, Vrisva Space faces direct competition from firms like TEKORANGE ENGINEERING PRIVATE LIMITED, requiring strategic responses to maintain and improve market share.
Vrisva Space's primary focus areas include the Department of Defence Research & Development, Department of Military Affairs, and Department of Higher Education. Their success in these departments highlights specialized expertise and a targeted approach to government procurement.
Financial Performance Analysis
VRISVA SPACE PRIVATE LIMITED's financial performance in government tenders reveals a developing presence in the market. Analyzing yearly and quarterly trends provides valuable insights into their growth trajectory and bidding patterns.