About Bimakavach Technologies Private Limited
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Bimakavach Technologies Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 15 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2021PTC056306. Its GSTIN is 23AAJCB9133H1ZQ (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹17.1 Lakh and a paid-up capital of ₹2.18 Lakh. It is led by directors Tejas Jain and Shruti Vishnoi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 64 Shanti Niketan, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.89 Cr, a growth of 98% compared to the previous year. For the same year it recorded a net loss of ₹4.77 Cr (net margin -97.6%) and EBITDA of -₹4.6 Cr (EBITDA margin -94%). Revenue has grown at a compounded annual rate (CAGR) of 192% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: BimaKavach. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.83 Cr; the latest was in September 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bimakavach.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address64 Shanti Niketan, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, Insurance Brokerage & Advisory
- 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
- One PDF report, delivered after checkout
Business Activity of Bimakavach Technologies Private Limited
The main business activity of Bimakavach Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bimakavach Technologies Private Limited FY 2025 filings available
Bimakavach Technologies Private Limited reported revenue of ₹4.89 Cr (up 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bimakavach Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 192% over three years, including 98% growth in the latest year. EBITDA rose 11% 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 of Bimakavach Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.6 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.77 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 | •••• | •••• | •••• | •••• |
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Financial Ratios of Bimakavach Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -94% | •••• | •••• | •••• |
| Net Profit Margin | -97.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bimakavach Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Bimakavach Technologies Private Limited
Bimakavach Technologies Private Limited is audited by Ashok Kumar Agrawal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashok Kumar Agrawal & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bimakavach Technologies Private Limited
Bimakavach Technologies 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 |
|---|---|---|---|---|
| Tejas Jain Also directs: Bimakavach Insurance Broking Private Limited | Director | 15 Jun 2021 | 5 Years 3 Months | Current |
| Shruti Vishnoi | Director | 28 Apr 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Bimakavach Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bimakavach Technologies Private Limited
Bimakavach Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Bimakavach Technologies Private Limited
Bimakavach Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.83 Cr; the latest was in September 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Seed | ₹3.83 Cr | Investors: WaterBridge Ventures, Arali Ventures, Blume Ventures |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Bimakavach Technologies Private Limited
Bimakavach Technologies operates one associated brand: BimaKavach. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Liability insurance solutions are offered online for businesses. | bimakavach.com |
Competitors & Alternatives of Bimakavach Technologies Private Limited
Brands and companies operating in the same space as Bimakavach Technologies Private Limited include Ambicaa Jewel Insurance.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Ambicaa Jewel Insurance | Provides insurance policies for jewellers to cover stock and transit risks. | Bengaluru, India | 2021 |
Employees and EPFO Compliance at Bimakavach Technologies Private Limited
Bimakavach Technologies Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Bimakavach Technologies Private Limited
Bimakavach Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bimakavach Insurance Broking Private Limited | U66010MP2022PTC059393 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Bimakavach Technologies Private Limited
Director changes at Bimakavach Technologies Private Limited
Bimakavach Technologies Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Shruti Vishnoi ceased to be Additional Director on 14 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Bimakavach Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bimakavach Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bimakavach Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bimakavach Technologies Private Limited
Bimakavach Technologies has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCB9133H1ZQ | Madhya Pradesh | Active | 03 Apr 2022 |
| 23AAJCB9133H2ZP | Madhya Pradesh | Active | 26 Mar 2024 |
| 29AAJCB9133H1ZE | Karnataka | Active | 17 Nov 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bimakavach Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bimakavach Technologies Private Limited
Bimakavach Technologies is an active private limited company based in Indore, Madhya Pradesh, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 15 June 2021 (5+ years old) and is registered under CIN U72900MP2021PTC056306.
Bimakavach Technologies reported revenue of ₹4.89 Cr for FY 2025 (up 98% YoY).
Bimakavach Technologies has 2 current directors:
- Tejas Jain - Director
- Shruti Vishnoi - Director
Bimakavach Technologies reported a net loss of ₹4.77 Cr (net margin -97.6%) and EBITDA of -₹4.6 Cr (EBITDA margin -94%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bimakavach Technologies is 192% over three years. In the latest year (FY 2025) revenue rose 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bimakavach Technologies is 23AAJCB9133H1ZQ, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AAJCB9133H2ZP (Madhya Pradesh), 29AAJCB9133H1ZE (Karnataka).
The CIN (Corporate Identification Number) of Bimakavach Technologies is U72900MP2021PTC056306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bimakavach Technologies was incorporated on 15 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
Bimakavach Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹3.83 Cr; the latest was in September 2022.
Shruti Vishnoi ceased to be Additional Director on 14 Oct 2022. Rajendra Kumar Jain ceased to be Director on 28 Apr 2022. Shruti Vishnoi was appointed as Director on 28 Apr 2022. Bimakavach Technologies has 4 board changes on record in total.