Byte Powered Finance Private Limited
About Byte Powered Finance Private Limited
Data last updated:
Byte Powered Finance Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of 0.5Bn Finhealth Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 14 August 2019.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2019PTC127036. Its GSTIN is 29AAICB5947N1ZW (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors Nirmal Kumar Agarwal and Hansa Agarwal.
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 was at No. 57 13th Cross Anepalya Hosur Road, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2022, the company reported a revenue of ₹16,000, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹2.12 Cr and EBITDA of -₹2.12 Cr.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 57 13th Cross Anepalya Hosur Road, Bangalore, Karnataka, India – 560037
- IndustryFinancial Services, Diversified Financial 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
Financials of Byte Powered Finance Private Limited FY 2022 filings available
Byte Powered Finance Private Limited reported revenue of ₹16,000 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Byte Powered Finance Private Limited
Revenue fell 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Byte Powered Finance Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 | -₹2.12 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.12 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 Byte Powered Finance Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 Byte Powered Finance are in the company report.
Financial statements from FY 2020
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 Byte Powered Finance Private Limited
Byte Powered Finance Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atulya Finance Limited | ₹16,100 (FY 2024) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Saanvi Mercantile Private Limited | ₹16,074 (FY 2019) | •••• | •••• | -99.0% | •••• | Delhi, India |
| Kafka Investment Private Limited | ₹16,044 (FY 2024) | •••• | •••• | •••• | Kota, Rajasthan, India | |
| New Star System Solutions Private Limited | ₹16,040 (FY 2024) | •••• | •••• | -83.0% | •••• | New Delhi, Delhi, India |
| Shiv Sai Investments and Finance Private Limited | ₹16,015 (FY 2018) | •••• | •••• | -98.0% | •••• | Belgam, Karnataka, India |
| Byte Powered Finance Private Limited this company | ₹16,000 (FY 2022) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Varshney Financial Servics Private Limited | ₹16,000 (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Bhattad Finance Private Limited | ₹16,000 (FY 2024) | •••• | •••• | 60.0% | •••• | Hyderabad, Telangana, India |
| Lastdrop Fintech Solution Private Limited | ₹16,000 (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Scuttle Marketing Private Limited | ₹16,000 (FY 2016) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Kamadhenu Capital and Credit Finance Private Limited | ₹16,000 (FY 2025) | •••• | •••• | -82.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Byte Powered Finance by revenue in the BFSI industry (Finance, Other Financial Services), 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 Byte Powered Finance Private Limited
Byte Powered Finance Private Limited is audited by M S K A & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S K A & ASSOCIATES | 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 Byte Powered Finance Private Limited
Byte Powered Finance has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Agarwal Also directs: 0.5Bn Finhealth Private Limited | Director | 21 Dec 2022 | 3 Years 9 Months | As last reported |
| Hansa Agarwal Also directs: 0.5Bn Finhealth Private Limited | Director | 21 Dec 2022 | 3 Years 9 Months | As last reported |
Ownership and Shareholding of Byte Powered Finance 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 Byte Powered Finance Private Limited
Byte Powered Finance Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Byte Powered Finance Private Limited
Employment history and EPFO contributions of people linked to Byte Powered Finance.
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 Byte Powered Finance Private Limited
Byte Powered Finance Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Abhishek Challa ceased to be Director on 28 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Byte Powered Finance 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 Byte Powered Finance 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 Byte Powered Finance 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 Byte Powered Finance Private Limited
Byte Powered Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB5947N1ZW | Karnataka | Active | 23 Aug 2019 |
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 Byte Powered Finance 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 Byte Powered Finance Private Limited
Byte Powered Finance has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Byte Powered Finance was a private limited company based in Bangalore, Karnataka, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 14 August 2019 and is registered under CIN U65990KA2019PTC127036. The company has been struck off by the Registrar of Companies and is no longer operational.
Byte Powered Finance had 2 directors:
- Nirmal Kumar Agarwal - Director
- Hansa Agarwal - Director
The CIN (Corporate Identification Number) of Byte Powered Finance is U65990KA2019PTC127036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Byte Powered Finance is at No. 57 13th Cross Anepalya Hosur Road, Bangalore, Karnataka, India – 560037.
Byte Powered Finance was incorporated on 14 August 2019. It is registered with the Registrar of Companies, Bangalore.
Byte Powered Finance reported revenue of ₹16,000 for FY 2022 (down 99% YoY).
Byte Powered Finance has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh.
Byte Powered Finance reported a net loss of ₹2.12 Cr and EBITDA of -₹2.12 Cr for FY 2022, as per its filed financial statements.
The GSTIN of Byte Powered Finance is 29AAICB5947N1ZW, registered in Karnataka.
Byte Powered Finance operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.