About Bacancy Technology Private Limited
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Bacancy Technology Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2012PTC069584. Its GSTIN is 24AAECB9550B1Z0 (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Chandresh Premjibhai Patel (Managing Director) and Patel Binalkumar Vishnulal.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹98.89 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹14.83 Lakh (net margin 15%) and EBITDA of ₹17.92 Lakh (EBITDA margin 18.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 36% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.28 Cr and satisfied charges of ₹3.58 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bacancytechnology.com.
Company details
Contact details
Bacancy Technology Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bacancytechnology.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1207 – 1208 Times Square Arcade Opp. Rambaug Nr. Ravija Plaza Thaltej – Shilaj Road T, Haltej, Ahmedabad, Gujarat, India – 380059
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Bacancy Technology 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
Business activity
The main business activity of Bacancy Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bacancy Technology Private Limited, buy the company report.
Financials of Bacancy Technology Private Limited
FY 2024 filings availableBacancy Technology Private Limited reported revenue of ₹98.89 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA fell 13% 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 | ₹17.92 Lakh | ||||
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| Net Profit (PAT) | ₹14.83 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 | 18.1% | ||||
| Net Profit Margin | 15% | ||||
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To see the full financial statements and ratios of Bacancy Technology Private Limited, buy the company report.
Board of directors of Bacancy Technology Private Limited
Bacancy Technology has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandresh Premjibhai Patel Also directs: Bacancy Software LLP, Bacancy Systems Private Limited, Bacancy Services Private Limited and 2 more | Managing Director | 26 Mar 2012 | 14 Years 6 Months | Current |
| Patel Binalkumar Vishnulal Also directs: Bacancy Software LLP, Bacancy Systems Private Limited, Bacancy Services Private Limited and 1 more | Additional Director | 22 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Bacancy Technology Private Limited is audited by MISTRY & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MISTRY & SHAH LLP | FY 2023 | 122702W/W100683 |
Shareholding
The shareholding of Bacancy Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Bacancy Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2023 | 100837082 | Others | ₹9.28 Cr | Open | |
| 01 Jun 2023 | 100737388 | Others | ₹10 Cr | Open | |
| 01 Jun 2023 | 100737386 | Others | ₹1 Cr | Open | |
| 18 Feb 2019 | 100238485 | Others | ₹2.08 Cr | Satisfied | |
| 09 May 2018 | 100176891 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Bacancy Technology Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Bacancy Technology 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 Bacancy Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bacancy Technology Private Limited has a workforce of 2 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Bacancy Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECB9550B1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bacancy Technology Private Limited, buy the company report.
Recent activity
Bacancy Technology Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Premjibhai Gopalbhai Patel ceased to be Director on 24 Jul 2024.
5 earlier events are in the company report.
Frequently asked questions
Bacancy Technology is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 March 2012 (14+ years old) and is registered under CIN U72200GJ2012PTC069584.
Bacancy Technology has 2 current directors:
- Chandresh Premjibhai Patel - Managing Director
- Patel Binalkumar Vishnulal - Additional Director
The latest financial statements of Bacancy Technology 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 2015 are in the company report.
The GSTIN of Bacancy Technology is 24AAECB9550B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Bacancy Technology is U72200GJ2012PTC069584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bacancy Technology was incorporated on 26 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Premjibhai Gopalbhai Patel ceased to be Director on 24 Jul 2024. Patel Binalkumar Vishnulal was appointed as Additional Director on 22 Jul 2024. Patel Binalkumar Vishnulal ceased to be Director on 01 Apr 2019. Bacancy Technology has 6 board changes on record in total.
Bacancy Technology can be reached through the website bacancytechnology.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Bacancy Technology is at 1207 – 1208 Times Square Arcade Opp. Rambaug Nr. Ravija Plaza Thaltej – Shilaj Road T, Haltej, Ahmedabad, Gujarat, India – 380059.
Bacancy Technology operates in the information technology industry, in the application development and software solutions segment.