About Initbit Technologies Private Limited
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Initbit Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC173962. Its GSTIN is 27AAECI7152A1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raunak Kumar and Ary Vashist.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No 101 C – Wing Adora Society Vinode Vasti Wakad, Pune, Maharashtra, India – 411057.
The company is associated with 1 brand: Initbit.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website initbit.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No 101 C – Wing Adora Society Vinode Vasti Wakad, Pune, Maharashtra, India – 411057
- 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 Initbit Technologies Private Limited
The main business activity of Initbit Technologies is professional, scientific and technical. In detail, this covers specialized design & photographic activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M7 | Specialized Design & Photographic 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 Initbit Technologies Private Limited FY 2025 filings available
Initbit Technologies Private Limited reported revenue of ₹881 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Initbit Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years. 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 Initbit Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Initbit Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 Initbit Technologies are in the company report.
Financial statements from FY 2018
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 Initbit Technologies Private Limited
Initbit Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Specialized Design & Photographic 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 |
|---|---|---|---|---|---|---|
| Androcia Solutions Private Limited | ₹1,307 (FY 2021) | •••• | •••• | -99.0% | •••• | Vaikom, Kerala, India |
| My Design Me Private Limited | ₹1,149 (FY 2025) | •••• | •••• | -100.0% | •••• | Bijnor, Uttar Pradesh, India |
| Srimath Jwalamukhi Cinemas Private Limited | ₹1,080 (FY 2023) | •••• | •••• | 2248.0% | •••• | Bellary, Karnataka, India |
| KCJ Infonet (OPC) Private Limited | ₹1,049 (FY 2023) | •••• | •••• | •••• | Haldwani, Uttarakhand, India | |
| Loglin Studios Private Limited | ₹990 (FY 2025) | •••• | •••• | -100.0% | •••• | Rayagada, Odisha, India |
| Initbit Technologies Private Limited this company | ₹881 (FY 2025) | •••• | •••• | -100.0% | •••• | Pune, Maharashtra, India |
| Pritam Film Production Private Limited | ₹826 (FY 2024) | •••• | •••• | -100.0% | •••• | Jalandhar, Punjab, India |
| Digifolks Private Limited | ₹610 (FY 2025) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Basant Designs Private Limited | ₹571 (FY 2023) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Biz Brand Solutions Private Limited | ₹457 (FY 2019) | •••• | •••• | -100.0% | •••• | Secunderabad, Telangana, India |
| Janta Theme Decorators Private Limited | ₹437 (FY 2025) | •••• | •••• | •••• | Kaithal, Haryana, India |
Peers are the five companies nearest above and the five nearest below Initbit Technologies by revenue in the same principal business activity (Specialized Design & Photographic 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 Initbit Technologies Private Limited
Initbit Technologies Private Limited is audited by V C A N & ASSOCIATES LLP for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V C A N & ASSOCIATES 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 Initbit Technologies Private Limited
Initbit Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raunak Kumar | Director | 21 Dec 2017 | 8 Years 9 Months | Current |
| Ary Vashist Also directs: Frost Life Solutions Private Limited | Director | 22 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Initbit 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 Initbit Technologies Private Limited
Initbit Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Initbit Technologies Private Limited
Initbit Technologies operates one associated brand: Initbit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive web, mobile development, AR/VR, IoT, and related services. | initbit.in |
Employees and EPFO Compliance at Initbit Technologies Private Limited
Employment history and EPFO contributions of people linked to Initbit 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 Initbit Technologies Private Limited
Initbit Technologies Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Rajni Kant Jha ceased to be Director on 08 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Initbit 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 Initbit 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 Initbit 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 Initbit Technologies Private Limited
Initbit Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI7152A1ZV | Maharashtra | Active | 25 Jun 2018 |
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 Initbit 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 Initbit Technologies Private Limited
Initbit Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 December 2017 (9+ years old) and is registered under CIN U74999PN2017PTC173962.
Initbit Technologies has 2 current directors:
- Raunak Kumar - Director
- Ary Vashist - Director
The GSTIN of Initbit Technologies is 27AAECI7152A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Initbit Technologies is U74999PN2017PTC173962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Initbit Technologies was incorporated on 21 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Initbit Technologies by revenue are Androcia Solutions Private Limited, My Design Me Private Limited, Srimath Jwalamukhi Cinemas Private Limited, KCJ Infonet (OPC) Private Limited, Loglin Studios Private Limited and 5 more, all in the same principal business activity (Specialized Design & Photographic activities).
Rajni Kant Jha ceased to be Director on 08 Apr 2021. Ary Vashist ceased to be Additional Director on 30 Sep 2019. Ary Vashist was appointed as Director on 22 May 2019. Initbit Technologies has 4 board changes on record in total.
Initbit Technologies can be reached through the website initbit.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Initbit Technologies is at Office No 101 C – Wing Adora Society Vinode Vasti Wakad, Pune, Maharashtra, India – 411057.
Initbit Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Initbit Technologies operates in the information technology industry, in the application development and software solutions segment.