Bids Technology Private Limited
About Bids Technology Private Limited
Data last updated:
Bids Technology Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 29 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52392KL2013PTC033955. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Benin Bhaaskaran and Bhaskaran Velayudhan.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Baskaratc27/867 Athanilane Vanchiyoorpo, Thiruvananthapuram, Kerala, India – 695035.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.67 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.46 Lakh (net margin -0.9%) and EBITDA of ₹1.29 Lakh (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bids Technology Private Limited's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBaskaratc27/867 Athanilane Vanchiyoorpo, Thiruvananthapuram, Kerala, India – 695035
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Bids 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 Bids 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bids Technology Private Limited, buy the company report.
Financials of Bids Technology Private Limited
FY 2018 filings availableBids Technology Private Limited reported revenue of ₹1.67 Cr (down 63% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over three years, including a 63% fall in the latest year. EBITDA fell 82% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.29 Lakh | |||
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| Tax Expense | ||||
| Net Profit (PAT) | -₹1.46 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.8% | |||
| Net Profit Margin | -0.9% | |||
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To see the full financial statements and ratios of Bids Technology Private Limited, buy the company report.
Board of directors of Bids Technology Private Limited
Bids Technology 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 |
|---|---|---|---|---|
| Bhaskaran Velayudhan | Additional Director | 01 Feb 2017 | 9 Years 9 Months | Current |
| Benin Bhaaskaran | Director | 29 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Bids Technology Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sadhrasya Softtech Private Limited | ₹1.68 Cr (FY 2025) | 63.0% | Vadodara, Gujarat, India | |||
| Navedas Technology Solutions Private Limited | ₹1.68 Cr (FY 2025) | -8.0% | Bhubaneswar, Odisha, India | |||
| Pas Web Services (OPC) Private Limited | ₹1.68 Cr (FY 2025) | 73.0% | Delhi, India | |||
| Bids Technology Private Limitedthis company | ₹1.67 Cr (FY 2018) | -₹1.46 Lakh | -0.9% | -63.0% | Thiruvananthapuram, Kerala, India | |
| Appstean Infotech Private Limited | ₹1.67 Cr (FY 2024) | 6.0% | Indore, Madhya Pradesh, India | |||
| Accelerant Software Solutions Private Limited | ₹1.67 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Ira Answers Private Limited | ₹1.67 Cr (FY 2024) | 74.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Bids Technology Private Limited, buy the company report.
Auditor
Bids Technology Private Limited is audited by ABRAHAM & THINKAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABRAHAM & THINKAL | FY 2017 | 000013S |
Shareholding
The shareholding of Bids Technology Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bids Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2013 | 10473935 | The South Indian Bank Limited | ₹55 Lakh | Open |
To see the full charge records of Bids Technology Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bids Technology Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Compuage Infocom Ltd. | Disposed |
To see the full case history of Bids Technology Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bids Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bids Technology 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 Bids Technology Private Limited, buy the company report.
Recent activity
Bids Technology Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Bhaskaran Velayudhan was appointed as Additional Director on 01 Feb 2017.
Frequently asked questions
Bids Technology is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 29 April 2013 (13+ years old) and is registered under CIN U52392KL2013PTC033955.
Bids Technology has 2 current directors:
- Bhaskaran Velayudhan - Additional Director
- Benin Bhaaskaran - Director
The latest financial statements of Bids Technology on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
No. Bids Technology has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bids Technology is U52392KL2013PTC033955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bids Technology has 1 court case on record: 1 filed against it.
Bids Technology was incorporated on 29 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Bids Technology by revenue are Sadhrasya Softtech Private Limited, Navedas Technology Solutions Private Limited, Pas Web Services (OPC) Private Limited, Appstean Infotech Private Limited, Accelerant Software Solutions Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhaskaran Velayudhan was appointed as Additional Director on 01 Feb 2017. Sunil Babu Thomas ceased to be Additional Director on 01 Feb 2017. Dery Mathew Porathur ceased to be Director on 20 Dec 2013. Bids Technology has 4 board changes on record in total.
The registered office of Bids Technology is at Baskaratc27867 Athanilane Vanchiyoorpo, Thiruvananthapuram, Kerala, India – 695035.
Bids Technology operates in the information technology industry, in the IT products retail and distribution segment.
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