Best IT World (India) Private Limited

Best IT World (India) Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U30000MH1996PTC104553 Incorporated 17 December 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME
Data last updated
Revenue · FY 2021
₹103.49 Cr
▼ 72% YoY
Net loss · FY 2021
₹119.52 Cr
Net margin -115.5%
EBITDA · FY 2021
-₹55.54 Cr
EBITDA margin -53.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹254 Cr
Satisfied ₹288.31 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
103
Provident fund records

About Best IT World (India) Private Limited

Data last updated:

Best IT World (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 December 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30000MH1996PTC104553. Its GSTIN is 03AAACP6597N1ZW (Punjab). The company holds 10 GST registrations, of which 9 are active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as Pitrani Computers Private Limited. It is led by directors including Sunil Babulal Kedia and Yash Doshi.

Its last annual general meeting (AGM) was held on 23 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2021, the company reported a revenue of ₹103.49 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹119.52 Cr (net margin -115.5%) and EBITDA of -₹55.54 Cr (EBITDA margin -53.7%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 39% over five years.

The company has about 103 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: iBall. As per MCA filings, the company has open charges of ₹254 Cr and satisfied charges of ₹288.31 Cr on record. Court records list 127 cases involving the company, including 104 filed by the company and 23 filed against it; 24 cases are pending. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹79.41 Cr; the latest was in February 2018. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Kaira Distribution Private Limited with revenue of ₹103.68 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 121 overdue payments to 30 micro and small suppliers.

Best IT World (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0175566). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iball.co.in.

Company details

CIN U30000MH1996PTC104553
Registration Number 104553
Incorporation Date 17 December 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 July 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0175566
Key People
Sunil Babulal Kedia Director Yash Doshi Director Sandeep Doshi Director

Recognitions & Rankings of Best IT World (India)

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0175566

Contact details

Best IT World (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is iball.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    iball.co.in
  • Social Media
  • Registered Address
    93 Mistry Industrial Complex MIDC Cross Road A, Andheri, Mumbai, Maharashtra, India – 400093
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Best IT World (India) Private Limited, buy the company report.

Comprehensive company report
Best IT World (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Best IT World (India) operates one associated brand: iBall. Each brand links to its own profile.

BrandDescriptionWebsite
iBall
Diversified consumer electronics products are manufactured and branded by iBall.iball.co.in

Business activity

The main business activity of Best IT World (India) is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Best IT World (India) Private Limited, buy the company report.

Financials of Best IT World (India) Private Limited

FY 2021 filings available

Best IT World (India) Private Limited reported revenue of ₹103.49 Cr (down 72% YoY) for FY 2021.

Revenue · FY 2021
₹103.49 Cr ▼ 72%
Net loss · FY 2021
₹119.52 Cr margin -115.5%
EBITDA · FY 2021
-₹55.54 Cr margin -53.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 45%
5 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▼ 63%
5 years · compounded
▼ 12%

Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 72% fall in the latest year. EBITDA rose 25% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹103.49 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹55.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹119.52 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-53.7%
Net Profit Margin-115.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Best IT World (India) Private Limited, buy the company report.

Board of directors of Best IT World (India) Private Limited

Best IT World (India) has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunil Babulal KediaDirector10 May 200026 Years 5 MonthsCurrent
Yash Doshi
Also directs: Zebronics India Private Limited, Ajz Industries Private Limited, Servyu Private Limited
Director30 Jul 20251 Years 3 MonthsCurrent
Sandeep Doshi
Also directs: Zebronics India Private Limited, Ajz Industries Private Limited, Topnotch Warehouse LLP and 1 more
Director08 Jul 20251 Years 3 MonthsCurrent
Rajesh Doshi Kumar
Also directs: Zebronics India Private Limited, Ajz Industries Private Limited
Director08 Jul 20251 Years 3 MonthsCurrent
Pradeep Doshi Kumar
Also directs: Zebronics India Private Limited, Ajz Industries Private Limited
Director30 Jul 20251 Years 3 MonthsCurrent
View all directors

Peer comparison

Best IT World (India) Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kaira Distribution Private Limited₹103.68 Cr (FY 2025)20.0%Bangalore, Karnataka, India
Best IT World (India) Private Limitedthis company₹103.49 Cr (FY 2021)-₹119.52 Cr-115.5%-72.0%103Mumbai, Maharashtra, India
Premier Nirman Private Limited₹103.26 Cr (FY 2025)23.0%Kolkata, West Bengal, India
Silicon Rental Solutions Limited₹102.89 Cr (FY 2025)62.0%Mumbai, Maharashtra, India
Spontaneous Communications Private Limited₹102.83 Cr (FY 2025)33.0%Delhi, India

To see the full peer comparison of Best IT World (India) Private Limited, buy the company report.

Auditor

Best IT World (India) Private Limited is audited by SHAH & KATHARIYA for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SHAH & KATHARIYAFY 2021115171W

Shareholding

The shareholding of Best IT World (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Best IT World (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹254 Cr
Satisfied charges
₹288.31 Cr
Breakdown by lending institutions
Idbi Bank Limited₹254.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jan 201310406302Idbi Bank Limited₹254 CrOpen
07 Nov 201510604943The Cosmos Co- Operative Bank Ltd₹3 CrSatisfied
18 Dec 201410539945The Cosmos Co- Operative Bank Ltd₹1.5 CrSatisfied
01 Oct 201410524515The Ratnakar Bank Limited₹25 CrSatisfied
26 Sep 201410524520Idbi Bank Limited₹20 CrSatisfied

To see the full charge records of Best IT World (India) Private Limited, buy the company report.

Total charge records: 24 View all charges

Deals & funding

Best IT World (India) Private Limited has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹79.41 Cr; the latest was in February 2018.

Total deals
11
Secondary share transfers
8
Funding rounds
3
Disclosed funding
₹79.41 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
May 2016Funding round₹15.37 CrInvestors: BCCL, Anysonic Electronics (HK) Co Limited, 2 individuals
Mar 2016Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Others- Best It World India Pvt Ltd, an individual
Mar 2015Secondary share transferUndisclosedBuyer: Others- Best It World India Pvt Ltd
Seller: an individual
Mar 2014Secondary share transferUndisclosedBuyer: Others- Best It World India Pvt Ltd
Seller: an individual

To see the full deal history of Best IT World (India) Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Best IT World (India) Private Limited was last rated by Care on 17 Jul 2026.

Rating agencyRated onRating
Care17 Jul 2026

To see the full credit ratings and regulatory alerts of Best IT World (India) Private Limited, buy the company report.

MSME payment delays

Best IT World (India) Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 121 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 30)

SupplierAmount dueDue sinceReported on
C N Sanghavi and Company (Forwards) Private Limited
an individual supplier
an individual supplier
Alpha KKC Logistics (India) Private Limited
Glorious Electronics India Private Limited

To see the full MSME payment records of Best IT World (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Best IT World (India) Private Limited has a workforce of 103 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
103
Active EPFO establishments
1
Employee growth
-54.82%

GST

Best IT World (India) has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
9
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAACP6597N1ZWPunjabActive01 Jul 2017
09AAACP6597N1ZKUttar PradeshActive01 Jul 2017
14AAACP6597N1ZTManipurActive01 Jul 2017
18AAACP6597N1ZLAssamActive01 Jul 2017

To see the full GST registrations and return filing status of Best IT World (India) Private Limited, buy the company report.

Recent activity

Best IT World (India) Private Limited has 16 board changes on record since 2000: 5 appointments and 11 cessations. The latest: Pradeep Doshi Kumar was appointed as Director on 30 Jul 2025.

Appointed
Pradeep Doshi Kumar was appointed as Director.
Appointed
Yash Doshi was appointed as Director.
Ceased
Prashant Jain ceased to be Irp/Rp/Liquidator.
Ceased
Anil Parasrampuria Jagdish ceased to be Director.
Appointed
Rajesh Doshi Kumar was appointed as Director.
Ceased
Rakesh Yogeshkumar Shah ceased to be Director.
Appointed
Sandeep Doshi was appointed as Director.
Ceased
Sunil Babulal Kedia ceased to be Director.
Charges
A charge registered on 30 Mar 2013 via Charge ID 10414303 with Small Industries Development Bank Of India was fully satisfied on 24 Dec 2021.
Ceased
Laxmikant Ramprasad Kabra ceased to be Nominee Director.
AGM
Best It World (India) Private Limited last Annual general meeting of members was held on 23 Jul 2021 as per latest MCA records.
Filing
Best It World (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

60 earlier events are in the company report.

News

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Frequently asked questions

Best IT World (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 December 1996 (30+ years old) and is registered under CIN U30000MH1996PTC104553.

Best IT World (India) has 5 current directors:

The latest financial statements of Best IT World (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 July 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Best IT World (India) is 03AAACP6597N1ZW, registered in Punjab. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACP6597N1ZK (Uttar Pradesh), 14AAACP6597N1ZT (Manipur), 18AAACP6597N1ZL (Assam).

The CIN (Corporate Identification Number) of Best IT World (India) is U30000MH1996PTC104553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Best IT World (India) has 127 court cases on record: 104 filed by the company and 23 filed against it. 24 are pending. Most are in the district courts.

Best IT World (India) was incorporated on 17 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Best IT World (India) has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹79.41 Cr; the latest was in February 2018.

The peers of Best IT World (India) by revenue are Kaira Distribution Private Limited, Premier Nirman Private Limited, Silicon Rental Solutions Limited, Spontaneous Communications Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), with the same principal business activity (wholesale trading).

Pradeep Doshi Kumar was appointed as Director on 30 Jul 2025. Yash Doshi was appointed as Director on 30 Jul 2025. Prashant Jain ceased to be Irp/Rp/Liquidator on 12 Jul 2025. Best IT World (India) has 16 board changes on record in total.

Yes, Best IT World (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0175566).

Best IT World (India) has 3 MSME Form 1 returns on record between 2019 and 2020, listing 121 overdue payments to 30 micro and small suppliers. The latest return was filed on 30 Apr 2020.