iBit Technologies

Indore, India Founded: 2011 • Age: 15 yrs
Focuses on application development, delivering custom software solutions to clients.

About iBit Technologies

iBit Technologies is a Technology company based in Indore (India) founded in 2011. It focuses on application development, delivering custom software solutions to clients. It operates on a B2B model. Its Indian entity Ibit Technologies Private Limited reported revenue of β‚Ή1.44 Cr. Its focus areas include Information Technology, Software Services and Application Development.

Company details

iBit Technologies, founded in 2011 in Indore, India, focuses on leveraging cutting-edge technology, information technology, software services, and application development. Focuses on application development, delivering custom software solutions to clients. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

  • Headquarters Indore, India
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website ibittechnologies.com
  • Social X
  • Legal Name Ibit Technologies Private Limited
  • Date of Incorporation 12 Jun, 2006
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹1.44 Cr

    FY 2022 · +1762% YoY

  • Net Loss
    -₹5 Lakh

    FY 2022 · -3% margin

  • EBITDA
    -₹4.8 Lakh

    FY 2022 · -3% margin

Board of directors of Ibit Technologies Private Limited (iBit Technologies)

Ibit Technologies Private Limited is the primary company behind iBit Technologies. The board of Ibit Technologies Private Limited currently have 2 directors; the longest-serving is Thadakalur Sannaveeraiah Shivamurthy, appointed in 2006.

DirectorDesignationAppointedTenureEntity
Thadakalur Sannaveeraiah Shivamurthy
DIN 02742277
Director12 Jun 200620 yrs 5 moIbit Technologies Private Limited
Hiriyur Govindappa Mamatha
DIN 03161334
Whole-time director12 Jun 200620 yrs 5 moIbit Technologies Private Limited

Financials of iBit Technologies

Figures of Ibit Technologies Private Limited, the primary company behind iBit Technologies, for FY 2022. Revenue was ₹1.44 Cr (+1762% year on year). Net loss was -₹5 Lakh (-3% margin). EBITDA was -₹4.8 Lakh (-3% margin). Revenue has grown at a compounded annual rate of +8% over three years and -19% over five years.

  • ₹1.44 CrRevenue · FY 2022 · +1762% YoY
  • -₹5 LakhNet loss · -3% margin
  • -₹4.8 LakhEBITDA · -3% margin
  • ₹1 LakhPaid-up capital
  • 1Employees (provident fund records)
  • +8%Revenue CAGR, 3 years
  • -19%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ibit Technologies Private Limited are on its company page.

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Frequently Asked Questions about iBit Technologies

iBit Technologies was founded in 2011.

iBit Technologies is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

The primary company behind iBit Technologies, Ibit Technologies Private Limited, reported revenue of β‚Ή1.44 Cr for FY 2022, up 1762% year on year.

iBit Technologies, founded in 2011 in Indore, India, focuses on leveraging cutting-edge technology, information technology, software services, and application development. Focuses on application development, delivering custom software solutions to clients. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

iBit Technologies operates through Ibit Technologies Private Limited.

The legal entities of iBit Technologies currently have 2 directors, including Thadakalur Sannaveeraiah Shivamurthy, Hiriyur Govindappa Mamatha.

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