About Bitfraction Technologies Private Limited
Data last updated:
Bitfraction Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC169056. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Unmesh Bhausaheb Chaudhari and Surajkumar Bhagaji Navale.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹70,001. For the same year it recorded a net loss of ₹15.54 Lakh and EBITDA of -₹15.24 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitfractiontech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. 6 A Wing Shubham Karoti Society Opp. Sumitra Sadan Model Colony Shivaj, Inagar, Pune, Maharashtra, India – 411016
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Bitfraction Technologies Private Limited
The main business activity of Bitfraction Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Bitfraction Technologies Private Limited FY 2019 filings available
Bitfraction Technologies Private Limited reported revenue of ₹70,001 for FY 2019.
Financial Statement Summary of Bitfraction Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹70,001 | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹15.24 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15.54 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 of Bitfraction Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Bitfraction Technologies are in the company report.
Financial statements from FY 2017
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 Bitfraction Technologies Private Limited
Bitfraction Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Xegis Techsolutions Private Limited | ₹70,296 (FY 2024) | •••• | •••• | -92.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Tnine Innovations Private Limited | ₹70,254 (FY 2024) | •••• | •••• | -72.0% | •••• | New Delhi, Delhi, India |
| Dappops Solutions Private Limited | ₹70,216 (FY 2024) | •••• | •••• | 4.0% | •••• | Bulandshahar, Uttar Pradesh, India |
| H Media Networks India Private Limited | ₹70,200 (FY 2020) | •••• | •••• | -75.0% | •••• | Hyderabad, Telangana, India |
| G2v Machine Soul Private Limited | ₹70,123 (FY 2024) | •••• | •••• | 460.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Bitfraction Technologies Private Limited this company | ₹70,001 (FY 2019) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Siddhartha Professional Academy- (OPC) Private Limited | ₹70,000 (FY 2024) | •••• | •••• | 30.0% | •••• | Dimapur, Nagaland, India |
| Wikiinfo Media Private Limited | ₹70,000 (FY 2024) | •••• | •••• | 61.0% | •••• | Mumbai, Maharashtra, India |
| Offers Galaxy Private Limited | ₹70,000 (FY 2019) | •••• | •••• | •••• | Delhi, India | |
| Rhaegon Enterprises Private Limited | ₹70,000 (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Kasnet Technologies Private Limited | ₹70,000 (FY 2024) | •••• | •••• | -49.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bitfraction Technologies by revenue in the same principal business activity (Other information & communication service activities), 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 Bitfraction Technologies Private Limited
Bitfraction Technologies Private Limited is audited by GADAKH & KARKARE for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GADAKH & KARKARE | 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 Bitfraction Technologies Private Limited
Bitfraction Technologies 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 |
|---|---|---|---|---|
| Unmesh Bhausaheb Chaudhari Also directs: Kny Capital Private Limited | Director | 15 Apr 2019 | 7 Years 5 Months | Current |
| Surajkumar Bhagaji Navale | Director | 16 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Bitfraction 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 Bitfraction Technologies Private Limited
Bitfraction Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bitfraction Technologies Private Limited
Employment history and EPFO contributions of people linked to Bitfraction Technologies.
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 Bitfraction Technologies Private Limited
Bitfraction Technologies Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Shailesh Pradeep Khose ceased to be Director on 16 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Bitfraction 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 Bitfraction 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 Bitfraction 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 Bitfraction Technologies Private Limited
Bitfraction Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Bitfraction 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 Bitfraction Technologies Private Limited
Bitfraction Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 February 2017 (9+ years old) and is registered under CIN U72900PN2017PTC169056.
Bitfraction Technologies reported revenue of ₹70,001 for FY 2019.
Bitfraction Technologies has 2 current directors:
- Unmesh Bhausaheb Chaudhari - Director
- Surajkumar Bhagaji Navale - Director
Bitfraction Technologies reported a net loss of ₹15.54 Lakh and EBITDA of -₹15.24 Lakh for FY 2019, as per its filed financial statements.
No. Bitfraction Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bitfraction Technologies is U72900PN2017PTC169056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitfraction Technologies was incorporated on 22 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Bitfraction Technologies by revenue are Xegis Techsolutions Private Limited, Tnine Innovations Private Limited, Dappops Solutions Private Limited, H Media Networks India Private Limited, G2v Machine Soul Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Shailesh Pradeep Khose ceased to be Director on 16 Sep 2019. Surajkumar Bhagaji Navale was appointed as Director on 16 Sep 2019. Vijay Keshav Mulay ceased to be Director on 20 Apr 2019. Bitfraction Technologies has 5 board changes on record in total.
Bitfraction Technologies can be reached through the website bitfractiontech.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Bitfraction Technologies is at Flat No. 6 A Wing Shubham Karoti Society Opp. Sumitra Sadan Model Colony Shivaj, Inagar, Pune, Maharashtra, India – 411016.