About Bitcot Technologies Private Limited
Data last updated:
Bitcot Technologies Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Bitcot Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2021FTC148608. Its GSTIN is 33AAKCB3802C1ZA (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Raj Sanghvi and Dilipkumar.
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 2nd Floor No.36 Wall Tax Road S.P Complex, Chennai, Tamil Nadu, India – 600079.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.8 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 8.5%) and EBITDA of ₹1.69 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 365% over three years.
The company has about 173 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bitcot.
For more details, the company can be reached via its website bitcot.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor No.36 Wall Tax Road S.P Complex, Chennai, Tamil Nadu, India – 600079
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Bitcot Technologies Private Limited
The main business activity of Bitcot Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bitcot Technologies Private Limited FY 2024 filings available
Bitcot Technologies Private Limited reported revenue of ₹13.8 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bitcot Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 365% over three years, including 18% growth in the latest year. EBITDA rose 4% 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 of Bitcot Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.69 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.18 Cr | •••• | •••• | •••• |
| 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 of Bitcot Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bitcot Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bitcot Technologies Private Limited
Bitcot Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HGM Technologies Private Limited | ₹13.92 Cr (FY 2025) | •••• | •••• | 183.0% | •••• | Guwahati, Assam, India |
| Magneto IT Solutions Private Limited | ₹13.9 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Tumlare Software Services Private Limited. | ₹13.86 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Scalable Consulting and Solutions Private Limited | ₹13.86 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Beijer Electronics Technologies Private Limited | ₹13.8 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
| Bitcot Technologies Private Limited this company | ₹13.8 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Gigantic Infotel Private Limited | ₹13.79 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Manjeera Media House Private Limited | ₹13.77 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Hyderabad, Telangana, India |
| Vivait India Technology Solutions Private Limited | ₹13.76 Cr (FY 2024) | •••• | •••• | 15051.0% | •••• | Chennai, Tamil Nadu, India |
| Tecxpert Software Private Limited | ₹13.74 Cr (FY 2024) | •••• | •••• | 169.0% | •••• | Delhi, India |
| Us Services Group Private Limited | ₹13.67 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Bitcot Technologies by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bitcot Technologies Private Limited
Bitcot Technologies Private Limited is audited by ASHOK KHASGIWALA & CO.LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK KHASGIWALA & CO.LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bitcot Technologies Private Limited
Bitcot Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Sanghvi | Director | 15 Dec 2021 | 4 Years 9 Months | Current |
| Dilipkumar | Director | 15 Dec 2021 | 4 Years 9 Months | Current |
| Sanghvi Jayamala Jain | Director | 15 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Bitcot Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bitcot Technologies Private Limited
Bitcot Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Bitcot Technologies Private Limited
Bitcot Technologies operates one associated brand: Bitcot. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web, mobile app, and AI development services for businesses globally. | bitcot.com |
Employees and EPFO Compliance at Bitcot Technologies Private Limited
Bitcot Technologies Private Limited has a workforce of 173 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bitcot Technologies Private Limited
Bitcot Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Dilipkumar was appointed as Director on 15 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Bitcot Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bitcot Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bitcot Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bitcot Technologies Private Limited
Bitcot Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCB3802C1ZA | Tamil Nadu | Active | 15 Mar 2022 |
| 23AAKCB3802C1ZB | Madhya Pradesh | Active | 13 Jul 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bitcot Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bitcot Technologies Private Limited
Bitcot Technologies is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 December 2021 (5+ years old) and is registered under CIN U72200TN2021FTC148608.
Bitcot Technologies reported revenue of ₹13.8 Cr for FY 2025 (up 18% YoY).
Bitcot Technologies has 3 current directors:
- Raj Sanghvi - Director
- Dilipkumar - Director
- Sanghvi Jayamala Jain - Director
Bitcot Technologies reported a net profit of ₹1.18 Cr (net margin 8.5%) and EBITDA of ₹1.69 Cr (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitcot Technologies is 365% over three years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitcot Technologies is 33AAKCB3802C1ZA, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAKCB3802C1ZB (Madhya Pradesh).
The CIN (Corporate Identification Number) of Bitcot Technologies is U72200TN2021FTC148608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitcot Technologies was incorporated on 15 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Bitcot Technologies by revenue are HGM Technologies Private Limited, Magneto IT Solutions Private Limited, Tumlare Software Services Private Limited, Scalable Consulting and Solutions Private Limited, Beijer Electronics Technologies Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Dilipkumar was appointed as Director on 15 Dec 2021. Raj Sanghvi was appointed as Director on 15 Dec 2021. Sanghvi Jayamala Jain was appointed as Director on 15 Dec 2021.
Bitcot Technologies can be reached through the website bitcot.com. Its registered office is in Chennai, Tamil Nadu, India.