Bitace Technologies Private Limited
About Bitace Technologies Private Limited
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Bitace Technologies Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2017PTC058134. Its GSTIN is 08AAHCB2613E1Z3 (Rajasthan).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shubhank Jain and Dinesh Chand Jain.
Its last annual general meeting (AGM) was held on 08 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 10 Mahalaxmi Nagar Malviya Nagar, Jaipur, Rajasthan, India – 302017.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.9 Lakh, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹28,364 (net margin 0.7%) and EBITDA of ₹1.16 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 16% over five years.
The company is associated with 2 brands: Bitace and AspireKart.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social Media
- Registered AddressA – 10 Mahalaxmi Nagar Malviya Nagar, Jaipur, Rajasthan, India – 302017
- IndustryInformation Technology, Other Computer Related Activities
- 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 Bitace Technologies Private Limited
The main business activity of Bitace Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Bitace Technologies Private Limited FY 2025 filings available
Bitace Technologies Private Limited reported revenue of ₹41.9 Lakh (up 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bitace Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 55% 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 Bitace Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28,364 | •••• | •••• | •••• | •••• |
| 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 Bitace Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Bitace Technologies are in the company report.
Financial statements from FY 2018
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 Bitace Technologies Private Limited
Bitace Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boys & Machines Auto Solutions Private Limited | ₹41.93 Lakh (FY 2023) | •••• | •••• | 64.0% | •••• | Delhi, India |
| Fabasian Industries Private Limited | ₹41.92 Lakh (FY 2024) | •••• | •••• | 87.0% | •••• | Delhi, India |
| Vendo Systems Private Limited | ₹41.92 Lakh (FY 2024) | •••• | •••• | 80.0% | •••• | Pune, Maharashtra, India |
| Ajmera Industries Pvt Ltd | ₹41.91 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Puthuveetil Ventures Private Limited | ₹41.9 Lakh (FY 2020) | •••• | •••• | 129.0% | •••• | Thiruvananthapuram, Kerala, India |
| Bitace Technologies Private Limited this company | ₹41.9 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Jaipur, Rajasthan, India |
| Jetaa Vintrade Private Limited | ₹41.89 Lakh (FY 2018) | •••• | •••• | 3634.0% | •••• | Kolkata, West Bengal, India |
| Figus Marketeers Private Limited | ₹41.88 Lakh (FY 2016) | •••• | •••• | 7.0% | •••• | Lucknow, Uttar Pradesh, India |
| Naturaline Nutraceuticals Private Limited | ₹41.88 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Mangalore, Karnataka, India |
| Vimala Imports and Exports Private Limited | ₹41.88 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Shrinathji Vinimay Private Limited | ₹41.87 Lakh (FY 2024) | •••• | •••• | 705.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bitace Technologies by revenue in the same principal business activity (Retail Trading), 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 Bitace Technologies Private Limited
Bitace Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhank Jain | Director | 26 May 2017 | 9 Years 4 Months | Current |
| Dinesh Chand Jain | Director | 26 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Bitace 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 Bitace Technologies Private Limited
Bitace Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Bitace Technologies Private Limited
Bitace Technologies operates two associated brands: Bitace and AspireKart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions in application development and SEO services. | bitace.in | |
| Provides cloud-based software for streamlined jewelry business management. | aspirekart.com |
Employees and EPFO Compliance at Bitace Technologies Private Limited
Employment history and EPFO contributions of people linked to Bitace Technologies.
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 Bitace Technologies Private Limited
Bitace Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Prabhat Patel ceased to be Director on 15 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Bitace 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 Bitace 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 Bitace 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 Bitace Technologies Private Limited
Bitace Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCB2613E1Z3 | Rajasthan | Active | 11 Apr 2019 |
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 Bitace 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 Bitace Technologies Private Limited
Bitace Technologies is an active private limited company based in Jaipur, Rajasthan, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 May 2017 (9+ years old) and is registered under CIN U72900RJ2017PTC058134.
Bitace Technologies reported revenue of ₹41.9 Lakh for FY 2024 (up 55% YoY).
Bitace Technologies has 2 current directors:
- Shubhank Jain - Director
- Dinesh Chand Jain - Director
Bitace Technologies reported a net profit of ₹28,364 (net margin 0.7%) and EBITDA of ₹1.16 Lakh (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitace Technologies is 5% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitace Technologies is 08AAHCB2613E1Z3, registered in Rajasthan.
The CIN (Corporate Identification Number) of Bitace Technologies is U72900RJ2017PTC058134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitace Technologies was incorporated on 26 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Bitace Technologies by revenue are Boys & Machines Auto Solutions Private Limited, Fabasian Industries Private Limited, Vendo Systems Private Limited, Ajmera Industries Pvt Ltd, Puthuveetil Ventures Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Prabhat Patel ceased to be Director on 15 Oct 2021. Dinesh Chand Jain was appointed as Director on 26 May 2017. Shubhank Jain was appointed as Director on 26 May 2017.
The registered office of Bitace Technologies is at A – 10 Mahalaxmi Nagar Malviya Nagar, Jaipur, Rajasthan, India – 302017.