Bits Secure IT Private Limited

Bits Secure IT Private Limited - business services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2017PTC116598 Incorporated 18 May 2017 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company business services MSME · Micro
Data last updated
Revenue · FY 2022
₹12.14 Lakh
▲ 6998% YoY
Net loss · FY 2022
₹18,820
Net margin -1.6%
EBITDA · FY 2022
-₹14,700
EBITDA margin -1.2%
Authorised capital
₹90,000
Registered with MCA
Paid-up capital
₹90,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Bits Secure IT Private Limited

Data last updated:

Bits Secure IT Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC116598. Its GSTIN is 33AAHCB2452P1ZI (Tamil Nadu).

The company has an authorised share capital of ₹90,000 and a paid-up capital of ₹90,000. It is led by directors Amalraj Sujitha and Mohan Babu Murugesan.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 22/23 Thendral Nagar Main Road Thirumullaivoyal Nr Venkateswara School, Chennai, Tamil Nadu, India – 600062.

As per the financials filed for FY 2022, the company reported a revenue of ₹12.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18,820 (net margin -1.6%) and EBITDA of -₹14,700 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.

Bits Secure IT Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0153789). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitssecureit.com.

Company details

CIN U74999TN2017PTC116598
Registration Number 116598
Incorporation Date 18 May 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0153789

Recognitions & Rankings of Bits Secure IT

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TN-02-0153789

Contact details

Bits Secure IT Private Limited's registered office is in Chennai, Tamil Nadu. Its website is bitssecureit.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    22/23 Thendral Nagar Main Road Thirumullaivoyal Nr Venkateswara School, Chennai, Tamil Nadu, India – 600062
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Bits Secure IT Private Limited, buy the company report.

Comprehensive company report
Bits Secure IT 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Bits Secure IT is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Bits Secure IT Private Limited, buy the company report.

Financials of Bits Secure IT Private Limited

FY 2022 filings available

Bits Secure IT Private Limited reported revenue of ₹12.14 Lakh (up 6998% YoY) for FY 2022.

Revenue · FY 2022
₹12.14 Lakh ▲ 6998%
Net loss · FY 2022
₹18,820 margin -1.6%
EBITDA · FY 2022
-₹14,700 margin -1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 38%

Revenue has declined at a compounded annual rate (CAGR) of 6% over three years. EBITDA rose 97% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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-₹14,700
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18,820
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-1.2%
Net Profit Margin-1.6%
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 Bits Secure IT Private Limited, buy the company report.

Board of directors of Bits Secure IT Private Limited

Bits Secure IT has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Amalraj SujithaDirector18 May 20179 Years 5 MonthsCurrent
Mohan Babu MurugesanDirector18 May 20179 Years 5 MonthsCurrent

Peer comparison

Bits Secure IT Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sumodigitech Private Limited₹12.15 Lakh (FY 2024)Haryana, India
Inofinix Private Limited₹12.15 Lakh (FY 2025)-83.0%Bengaluru, Karnataka, India
Srida IT Consulting & Services (OPC) Private Limited₹12.15 Lakh (FY 2020)-56.0%Hyderabad, Telangana, India
Centative Technologies Private Limited₹12.14 Lakh (FY 2025)90.0%Chennai, Tamil Nadu, India
Harshit Panwar (OPC) Private Limited₹12.14 Lakh (FY 2025)27.0%Bangalore, Karnataka, India
Bits Secure IT Private Limitedthis company₹12.14 Lakh (FY 2022)-₹18,820-1.6%6998.0%Chennai, Tamil Nadu, India
Quantian Technologies Private Limited₹12.14 Lakh (FY 2024)117.0%Pune, Maharashtra, India
Crisro Solutions Private Limited₹12.13 Lakh (FY 2025)32.0%Pune, Maharashtra, India
Excite Visions and Retail Technology Private Limited₹12.13 Lakh (FY 2024)-1.0%Faizabad, Uttar Pradesh, India

To see the full peer comparison of Bits Secure IT Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bits Secure IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Bits Secure IT has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCB2452P1ZITamil NaduActive22 Nov 2017

To see the full GST registrations and return filing status of Bits Secure IT Private Limited, buy the company report.

Recent activity

Bits Secure IT Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Amalraj Sujitha was appointed as Director on 18 May 2017.

AGM
Bits Secure It Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Bits Secure It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Appointed
Amalraj Sujitha was appointed as Director.
Appointed
Mohan Babu Murugesan was appointed as Director.
Incorporation
18 May 2017
Bits Secure It Private Limited was registered on 18 May 2017 with Roc Chennai & aged 9 years 5 months as per MCA records.

Frequently asked questions

Bits Secure IT is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other services, within the business services industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U74999TN2017PTC116598.

Bits Secure IT has 2 current directors:

The latest financial statements of Bits Secure IT on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Bits Secure IT is 33AAHCB2452P1ZI, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Bits Secure IT is U74999TN2017PTC116598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bits Secure IT was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Bits Secure IT by revenue are Sumodigitech Private Limited, Inofinix Private Limited, Srida IT Consulting & Services (OPC) Private Limited, Centative Technologies Private Limited, Harshit Panwar (OPC) Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Amalraj Sujitha was appointed as Director on 18 May 2017. Mohan Babu Murugesan was appointed as Director on 18 May 2017.

Yes, Bits Secure IT is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0153789).

Bits Secure IT can be reached through the website bitssecureit.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Bits Secure IT is at 2223 Thendral Nagar Main Road Thirumullaivoyal Nr Venkateswara School, Chennai, Tamil Nadu, India – 600062.