About Trillbit Solutions Private Limited
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Trillbit Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Trillbit Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC130222. Its GSTIN is 29AAHCT6344G1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mrigesh Parashar and Shashikant Burnwal.
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 512/10 Service Lane Outer Ring Road Mahadevapura Next To More Megastore, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.51 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹3.83 Lakh (net margin -2.5%) and EBITDA of -₹2.3 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company is associated with 1 brand: Trillbit.
For more details, the company can be reached via its website trillbit.com.
Company details
Contact details
Trillbit Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is trillbit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address512/10 Service Lane Outer Ring Road Mahadevapura Next To More Megastore, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Trillbit Solutions 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
Trillbit Solutions operates one associated brand: Trillbit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of an IoT middleware | trillbit.com |
Business activity
The main business activity of Trillbit Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Trillbit Solutions Private Limited, buy the company report.
Financials of Trillbit Solutions Private Limited
FY 2024 filings availableTrillbit Solutions Private Limited reported revenue of ₹1.51 Cr (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 73% 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 | -₹2.3 Lakh | ||||
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| Net Profit (PAT) | -₹3.83 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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| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -2.5% | ||||
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To see the full financial statements and ratios of Trillbit Solutions Private Limited, buy the company report.
Board of directors of Trillbit Solutions Private Limited
Trillbit Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrigesh Parashar Also directs: Soundauth Techsolutions Private Limited | Director | 02 Dec 2019 | 6 Years 11 Months | Current |
| Shashikant Burnwal Also directs: Soundauth Techsolutions Private Limited, Braintreecap LLP | Director | 02 Dec 2019 | 6 Years 11 Months | Current |
Auditor
Trillbit Solutions Private Limited is audited by DEVIKA AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVIKA AND ASSOCIATES | FY 2020 | 013403S |
Shareholding
The shareholding of Trillbit Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Trillbit Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Trillbit Solutions 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 Trillbit Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trillbit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT6344G1Z1 | Karnataka | Active | 20 Mar 2020 |
To see the full GST registrations and return filing status of Trillbit Solutions Private Limited, buy the company report.
Recent activity
Trillbit Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Bhaskar ceased to be Director on 09 Nov 2021.
Frequently asked questions
Trillbit Solutions is an active foreign 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 02 December 2019 (7+ years old) and is registered under CIN U72900KA2019FTC130222.
Trillbit Solutions has 2 current directors:
- Mrigesh Parashar - Director
- Shashikant Burnwal - Director
The latest financial statements of Trillbit Solutions 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 2020 are in the company report.
The GSTIN of Trillbit Solutions is 29AAHCT6344G1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Trillbit Solutions is U72900KA2019FTC130222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trillbit Solutions was incorporated on 02 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhaskar ceased to be Director on 09 Nov 2021. Mrigesh Parashar was appointed as Director on 02 Dec 2019. Shashikant Burnwal was appointed as Director on 02 Dec 2019.
Trillbit Solutions can be reached through the website trillbit.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Trillbit Solutions is at 51210 Service Lane Outer Ring Road Mahadevapura Next To More Megastore, Bangalore, Karnataka, India – 560048.
Trillbit Solutions operates in the information technology industry, in the IT consulting and support services segment.
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