About Nestingbits Technologies Private Limited
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Nestingbits Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC065102. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.04 Lakh. It is led by directors Vijaya Bhaskar Reddy Valluru and Kaliyaperumal Raja.
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 Level 6 Sigma Softech Park, Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹68,470. For the same year it recorded a net loss of ₹16.75 Lakh and EBITDA of ₹32,870 (EBITDA margin 48%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 48% over five years.
The company is associated with 1 brand: NestingBits Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nestingbits.com.
Company details
Contact details
Nestingbits Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is nestingbits.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressLevel 6 Sigma Softech Park, Gamma Block Varthur Kodi Palm Meadows Bustop, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nestingbits Technologies Private Limited, buy the company report.
- 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
Brands
Nestingbits Technologies operates one associated brand: NestingBits Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides advanced cardiac health monitoring platforms for clinics. | nestingbits.com |
Financials of Nestingbits Technologies Private Limited
FY 2022 filings availableNestingbits Technologies Private Limited reported revenue of ₹68,470 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. EBITDA rose 203% 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
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| EBITDA | ₹32,870 | ||||
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| Net Profit (PAT) | -₹16.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 48% | ||||
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To see the full financial statements and ratios of Nestingbits Technologies Private Limited, buy the company report.
Board of directors of Nestingbits Technologies Private Limited
Nestingbits 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 |
|---|---|---|---|---|
| Vijaya Bhaskar Reddy Valluru Also directs: Trihutt Technologies Private Limited, Iwayq Technology India Private Limited, Sightseer Innovations Private Limited and 4 more | Director | 27 Feb 2023 | 3 Years 7 Months | Current |
| Kaliyaperumal Raja | Additional Director | 27 Feb 2023 | 3 Years 7 Months | Current |
Auditor
Nestingbits Technologies Private Limited is audited by M VENKATACHALAM & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M VENKATACHALAM & ASSOCIATES | FY 2019 | 011502S |
Shareholding
The shareholding of Nestingbits Technologies Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nestingbits Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nestingbits 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 Nestingbits Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nestingbits Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nestingbits Technologies Private Limited, buy the company report.
Recent activity
Nestingbits Technologies Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Avin Kumar Agarwal ceased to be Director on 06 Mar 2023.
Frequently asked questions
Nestingbits Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 July 2012 (14+ years old) and is registered under CIN U72900KA2012PTC065102.
Nestingbits Technologies has 2 current directors:
- Vijaya Bhaskar Reddy Valluru - Director
- Kaliyaperumal Raja - Additional Director
The latest financial statements of Nestingbits Technologies 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 2015 are in the company report.
No. Nestingbits Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nestingbits Technologies is U72900KA2012PTC065102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nestingbits Technologies was incorporated on 31 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Avin Kumar Agarwal ceased to be Director on 06 Mar 2023. Ina Singhal ceased to be Director on 06 Mar 2023. Kaliyaperumal Raja was appointed as Additional Director on 27 Feb 2023. Nestingbits Technologies has 4 board changes on record in total.
Nestingbits Technologies can be reached through the website nestingbits.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nestingbits Technologies is at Level 6 Sigma Softech Park, Gamma Block Varthur Kodi Palm Meadows Bustop, Bangalore, Karnataka, India – 560066.
Nestingbits Technologies operates in the information technology industry, in the IT consulting and support services segment.