Bit IT Technology Private Limited
About Bit IT Technology Private Limited
Data last updated:
Bit IT Technology Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 05 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U72200CT2012PTC000585. Its GSTIN is 22AAFCB2497J1ZM (Chhattisgarh).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ujjawal Kumar Soni and Shashikant Nishad.
Its last annual general meeting (AGM) was held on 11 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Raipur, Chhattisgarh.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.87 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹25,575 (net margin 2.4%) and EBITDA of ₹35,575 (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressRoom No. 1&2 Balaji Towers 2nd Floor Opposite Bansal Construction Lakhe Naga, R Chowk, Raipur, Chhattisgarh, India – 492001
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Bit IT Technology Private Limited
The main business activity of Bit IT Technology is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Bit IT Technology Private Limited FY 2019 filings available
Bit IT Technology Private Limited reported revenue of ₹10.87 Lakh (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Bit IT Technology Private Limited
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 10% 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 Bit IT Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹35,575 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25,575 | •••• | •••• | •••• | •••• |
| 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 of Bit IT Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Bit IT Technology are in the company report.
Financial statements from 2015
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.
Peer Comparison of Bit IT Technology Private Limited
Bit IT Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Porch Technologies Private Limited | ₹10.89 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Miracles Telecommunication Services Private Limited | ₹10.88 Lakh (FY 2018) | •••• | •••• | 340.0% | •••• | Vadodara, Gujarat, India |
| Sse Infotech Services Private Limited | ₹10.87 Lakh (FY 2023) | •••• | •••• | 135.0% | •••• | Bangalore, Karnataka, India |
| JSW New Age Private Limited | ₹10.87 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Mumbai, Maharashtra, India |
| Stepbeyd Strategic Global Consulting Private Limited | ₹10.87 Lakh (FY 2024) | •••• | •••• | 361.0% | •••• | Bangalore, Karnataka, India |
| Bit IT Technology Private Limited this company | ₹10.87 Lakh (FY 2019) | •••• | •••• | -6.0% | •••• | Raipur, Chhattisgarh, India |
| Vugha Technological Solutions Private Limited | ₹10.87 Lakh (FY 2024) | •••• | •••• | -10.0% | •••• | Avarampalayam, Tamil Nadu, India |
| Partech Systems Private Limited | ₹10.86 Lakh (FY 2020) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Idigitie Private Limited | ₹10.86 Lakh (FY 2024) | •••• | •••• | 90.0% | •••• | Delhi, India |
| Vkaao Entertainment Private Limited | ₹10.86 Lakh (FY 2022) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Dr. Sandeep Patil Institute of Communication Skills Private Limited | ₹10.86 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Sangli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bit IT Technology by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Bit IT Technology Private Limited
Bit IT Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujjawal Kumar Soni | Director | 05 Nov 2012 | 13 Years 11 Months | Current |
| Shashikant Nishad | Director | 05 Nov 2012 | 13 Years 11 Months | Current |
Charges & Borrowings of Bit IT Technology Private Limited
Bit IT Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bit IT Technology Private Limited
Employment history and EPFO contributions of people linked to Bit IT Technology.
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.
Recent Activity on Bit IT Technology Private Limited
Bit IT Technology Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Shashikant Nishad was appointed as Director on 05 Nov 2012.
Credit Ratings, Litigation & Regulatory Alerts for Bit IT Technology 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 Bit IT Technology 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 Bit IT Technology 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 Bit IT Technology Private Limited
Bit IT Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAFCB2497J1ZM | Chhattisgarh | Active | 01 Jul 2017 |
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 Bit IT Technology 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 Bit IT Technology Private Limited
Bit IT Technology is an active private limited company based in Raipur, Chhattisgarh, India. The company works in consultancy, within the information technology industry. It was incorporated on 05 November 2012 (14+ years old) and is registered under CIN U72200CT2012PTC000585.
Bit IT Technology reported revenue of ₹10.87 Lakh for FY 2019 (down 6% YoY).
Bit IT Technology has 2 current directors:
- Ujjawal Kumar Soni - Director
- Shashikant Nishad - Director
Bit IT Technology reported a net profit of ₹25,575 (net margin 2.4%) and EBITDA of ₹35,575 (EBITDA margin 3.3%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bit IT Technology is 5% over three years. In the latest year (FY 2019) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bit IT Technology is 22AAFCB2497J1ZM, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Bit IT Technology is U72200CT2012PTC000585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bit IT Technology was incorporated on 05 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Bit IT Technology by revenue are Porch Technologies Private Limited, Miracles Telecommunication Services Private Limited, Sse Infotech Services Private Limited, JSW New Age Private Limited, Stepbeyd Strategic Global Consulting Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Shashikant Nishad was appointed as Director on 05 Nov 2012. Ujjawal Kumar Soni was appointed as Director on 05 Nov 2012.
The registered office of Bit IT Technology is at Room No. 1&2 Balaji Towers 2nd Floor Opposite Bansal Construction Lakhe Naga, R Chowk, Raipur, Chhattisgarh, India – 492001.