Bitapps (India) Private Limited

Bitapps (India) Private Limited - information technology in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U72200AP2014PTC095822 Incorporated 11 December 2014 ROC Vijayawada HQ Guntur, Andhra Pradesh, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2023
₹3.17 Cr
▲ 125% YoY
Net profit · FY 2023
₹35.81 Lakh
Net margin 11.3%
EBITDA · FY 2023
₹56.04 Lakh
EBITDA margin 17.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
39
Provident fund records
Directors on board
3
As per MCA filings

About Bitapps (India) Private Limited

Data last updated:

Bitapps (India) Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 December 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2014PTC095822. Its GSTIN is 37AAGCB1307G1Z2 (Andhra Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitendra Patibandla and Geetha Devi Kantamneni.

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 22 – 1 – 19 Muniswamy Naidu Street Tenali, Guntur, Andhra Pradesh, India – 522201.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.17 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹35.81 Lakh (net margin 11.3%) and EBITDA of ₹56.04 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 75% over five years.

The company has about 39 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: BitApps.

Bitapps (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0110118). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitapps.com.

Company details

CIN U72200AP2014PTC095822
Registration Number 095822
Incorporation Date 11 December 2014
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0110118

Recognitions & Rankings of Bitapps (India)

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0110118

Contact details

Bitapps (India) Private Limited's registered office is in Guntur, Andhra Pradesh. Its website is bitapps.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    22 – 1 – 19 Muniswamy Naidu Street Tenali, Guntur, Andhra Pradesh, India – 522201
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Bitapps (India) Private Limited, buy the company report.

Comprehensive company report
Bitapps (India) Private Limited - one report that includes everything
  • 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
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Brands

Bitapps (India) operates one associated brand: BitApps. Each brand links to its own profile.

BrandDescriptionWebsite
Software development and IT consulting services for various industries.bitapps.com

Financials of Bitapps (India) Private Limited

FY 2024 filings available

Bitapps (India) Private Limited reported revenue of ₹3.17 Cr (up 125% YoY) for FY 2023.

Revenue · FY 2023
₹3.17 Cr ▲ 125%
Net profit · FY 2023
₹35.81 Lakh margin 11.3%
EBITDA · FY 2023
₹56.04 Lakh margin 17.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 125%
3 years · compounded
▲ 76%
5 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 75%

Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 125% growth in the latest year. EBITDA rose 106% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹3.17 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹56.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹35.81 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin17.7%
Net Profit Margin11.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Bitapps (India) Private Limited, buy the company report.

Board of directors of Bitapps (India) Private Limited

Bitapps (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jitendra PatibandlaDirector30 Mar 20188 Years 6 MonthsCurrent
Geetha Devi KantamneniDirector28 Dec 20187 Years 10 MonthsCurrent
Vamsi Krishna VejendlaDirector11 Dec 201411 Years 10 MonthsCurrent

Auditor

Bitapps (India) Private Limited is audited by M N Rao & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M N Rao & AssociatesFY 2023005386S

Shareholding

The shareholding of Bitapps (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bitapps (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bitapps (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bitapps (India) Private Limited has a workforce of 39 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
39
Active EPFO establishments
1
Employee growth
44.44%

GST

Bitapps (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
37AAGCB1307G1Z2Andhra PradeshActive18 Jul 2019
36AAGCB1307G1Z4TelanganaActive13 Apr 2022

To see the full GST registrations and return filing status of Bitapps (India) Private Limited, buy the company report.

Recent activity

Bitapps (India) Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Geetha Devi Kantamneni ceased to be Additional Director on 30 Sep 2019.

AGM
Bitapps (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bitapps (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Geetha Devi Kantamneni ceased to be Additional Director.
Appointed
Geetha Devi Kantamneni was appointed as Director.
Ceased
Kantamneni Srinivas Sai ceased to be Director.
Appointed
Jitendra Patibandla was appointed as Director.
Ceased
Jitendra Patibandla ceased to be Director.
Appointed
Vamsi Krishna Vejendla was appointed as Director.
Incorporation
11 Dec 2014
Bitapps (India) Private Limited was registered on 11 Dec 2014 with Roc Vijayawada & aged 11 years 10 months as per MCA records.

Frequently asked questions

Bitapps (India) is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 December 2014 (12+ years old) and is registered under CIN U72200AP2014PTC095822.

Bitapps (India) has 3 current directors:

The latest financial statements of Bitapps (India) 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 2015 are in the company report.

The GSTIN of Bitapps (India) is 37AAGCB1307G1Z2, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAGCB1307G1Z4 (Telangana).

The CIN (Corporate Identification Number) of Bitapps (India) is U72200AP2014PTC095822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bitapps (India) was incorporated on 11 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.

Geetha Devi Kantamneni ceased to be Additional Director on 30 Sep 2019. Geetha Devi Kantamneni was appointed as Director on 28 Dec 2018. Kantamneni Srinivas Sai ceased to be Director on 15 Dec 2018. Bitapps (India) has 6 board changes on record in total.

Yes, Bitapps (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0110118).

Bitapps (India) can be reached through the website bitapps.com. Its registered office is in Guntur, Andhra Pradesh, India.

The registered office of Bitapps (India) is at 22 – 1 – 19 Muniswamy Naidu Street Tenali, Guntur, Andhra Pradesh, India – 522201.