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Medbit Technologies Private Limited - aerospace, maritime and defense in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.7 Cr
▲ 799% YoY
Net profit · FY 2024
₹25.84 Lakh
Net margin 7%
EBITDA · FY 2024
₹37.13 Lakh
EBITDA margin 10%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.43 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Medbit Technologies Private Limited
Data last updated:
Medbit Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 24 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85193DL2017PTC319700. Its GSTIN is 09AALCM1563A2ZM (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.43 Lakh. It is led by directors Pitambara Shriprakash Somani and Siddhant Shriprakash Somani.
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 808 L&T Building Sector – 18B Dwarka, New Delhi, Delhi, India – 110078.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.84 Lakh (net margin 7%) and EBITDA of ₹37.13 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 225% over five years.
The company is associated with 1 brand: MedBit.
Medbit Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0076430). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medbit.in.
Company details
CIN U85193DL2017PTC319700
Registration Number 319700
Incorporation Date 24 June 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0076430
Recognitions & Rankings of Medbit Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0076430
Contact details
Medbit Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is medbit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address808 L&T Building Sector – 18B Dwarka, New Delhi, Delhi, India – 110078
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Medbit Technologies Private Limited, buy the company report.
Comprehensive company report
Medbit Technologies 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
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Business activity
The main business activity of Medbit Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Medbit Technologies Private Limited, buy the company report.
Financials of Medbit Technologies Private Limited
FY 2024 filings availableMedbit Technologies Private Limited reported revenue of ₹3.7 Cr (up 799% YoY) for FY 2024.
Revenue · FY 2024
₹3.7 Cr ▲ 799%
Net profit · FY 2024
₹25.84 Lakh margin 7%
EBITDA · FY 2024
₹37.13 Lakh margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 799%
5 years · compounded
▲ 225%
EBITDA CAGR growth
3 years · compounded
▲ 726%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 225% over five years, including 799% growth 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹37.13 Lakh | ||||
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| Net Profit (PAT) | ₹25.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Medbit Technologies Private Limited, buy the company report.
Board of directors of Medbit Technologies Private Limited
Medbit Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pitambara Shriprakash Somani | Director | 27 Jun 2022 | 4 Years 3 Months | Current |
| Siddhant Shriprakash Somani | Director | 27 Jun 2022 | 4 Years 3 Months | Current |
Auditor
Medbit Technologies Private Limited is audited by SANJIT & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJIT & COMPANY | FY 2023 | 039574N |
Shareholding
The shareholding of Medbit Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medbit Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medbit Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Medbit Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medbit Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AALCM1563A2ZM | Uttar Pradesh | Active | 18 Aug 2022 |
To see the full GST registrations and return filing status of Medbit Technologies Private Limited, buy the company report.
Recent activity
Medbit Technologies Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Sushant Gupta ceased to be Director on 11 Sep 2023.
AGM
Medbit Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Medbit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Sushant Gupta ceased to be Director.
Ceased
Pitambara Shriprakash Somani ceased to be Additional Director.
Ceased
Siddhant Shriprakash Somani ceased to be Additional Director.
Appointed
Pitambara Shriprakash Somani was appointed as Director.
Ceased
Rahul Sharma ceased to be Director.
Appointed
Siddhant Shriprakash Somani was appointed as Director.
Incorporation
24 Jun 2017
Medbit Technologies Private Limited was registered on 24 Jun 2017 with Roc Delhi & aged 9 years 4 months as per MCA records.
Frequently asked questions
Medbit Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 24 June 2017 (9+ years old) and is registered under CIN U85193DL2017PTC319700.
Medbit Technologies has 2 current directors:
- Pitambara Shriprakash Somani - Director
- Siddhant Shriprakash Somani - Director
The latest financial statements of Medbit Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Medbit Technologies is 09AALCM1563A2ZM, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Medbit Technologies is U85193DL2017PTC319700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medbit Technologies was incorporated on 24 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Sushant Gupta ceased to be Director on 11 Sep 2023. Pitambara Shriprakash Somani ceased to be Additional Director on 25 Aug 2022. Siddhant Shriprakash Somani ceased to be Additional Director on 25 Aug 2022. Medbit Technologies has 6 board changes on record in total.
Yes, Medbit Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Medbit Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0076430).
Medbit Technologies can be reached through the website medbit.in. Its registered office is in New Delhi, Delhi, India.