Bhive Design Private Limited
About Bhive Design Private Limited
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Bhive Design Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 30 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113563. Its GSTIN is 20AAHCB8558L1ZE (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikram Kumar and Santosh Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.29 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹27.12 Lakh (net margin 21.1%) and EBITDA of ₹36.61 Lakh (EBITDA margin 28.4%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years and 48% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
Company details
Contact details
Bhive Design Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.1138 19th Main 8th Cross 2nd Block – Bda Layout Btm 4th Stage Iimb, Post, Bengaluru, Karnataka, India – 560076
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Bhive Design Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bhive Design is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Bhive Design Private Limited, buy the company report.
Financials of Bhive Design Private Limited
FY 2024 filings availableBhive Design Private Limited reported revenue of ₹1.29 Cr (up 106% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 106% growth in the latest year. EBITDA rose 298% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹36.61 Lakh | ||||
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| Net Profit (PAT) | ₹27.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 28.4% | ||||
| Net Profit Margin | 21.1% | ||||
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To see the full financial statements and ratios of Bhive Design Private Limited, buy the company report.
Board of directors of Bhive Design Private Limited
Bhive Design has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Kumar | Director | 28 Sep 2021 | 5 Years 0 Months | Current |
| Santosh Singh Also directs: Novitech Solutions Private Limited | Director | 28 Sep 2021 | 5 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Bhive Design Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhive Design Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhive Design Private Limited has a workforce of 23 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Bhive Design has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAHCB8558L1ZE | Jharkhand | Active | 05 Apr 2022 |
To see the full GST registrations and return filing status of Bhive Design Private Limited, buy the company report.
Recent activity
Bhive Design Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Dheeraj Moodabettu Sundara ceased to be Director on 20 Oct 2021.
Frequently asked questions
Bhive Design is an active private limited company based in Bengaluru, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 30 May 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113563.
Bhive Design has 2 current directors:
- Vikram Kumar - Director
- Santosh Singh - Director
The latest financial statements of Bhive Design on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Bhive Design is 20AAHCB8558L1ZE, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhive Design is U74999KA2018PTC113563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhive Design was incorporated on 30 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Dheeraj Moodabettu Sundara ceased to be Director on 20 Oct 2021. Pravin Guptakumar ceased to be Director on 20 Oct 2021. Sanjay Mishra Kumar ceased to be Director on 20 Oct 2021. Bhive Design has 5 board changes on record in total.
The registered office of Bhive Design is at No.1138 19th Main 8th Cross 2nd Block – Bda Layout Btm 4th Stage Iimb, Post, Bengaluru, Karnataka, India – 560076.
Bhive Design operates in the information technology industry, in the electronic components and equipment manufacturing segment.
Bhive Design can be reached at its registered office: No.1138 19th Main 8th Cross 2nd Block – Bda Layout Btm 4th Stage Iimb, Post, Bengaluru, Karnataka, India – 560076.