About Bitcode Technologies Private Limited
Data last updated:
Bitcode Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 06 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2009PTC134440. Its GSTIN is 27AANCS2969N1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Spymektech Solutions Private Limited. It is led by directors Sonal Rameshwarji Toshniwal (Whole-Time Director) and Vishal Subhashrao Jagtap (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 1 Bhosale House S. No. 13/2 E'Vana Karve Road, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.59 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹9.54 Lakh (net margin -10.6%) and EBITDA of ₹22.13 Lakh (EBITDA margin 24.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company is associated with 1 brand: Bitcode Technologies. As per MCA filings, the company has open charges of ₹2.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitcode.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No. 1 Bhosale House S. No. 13/2 E'Vana Karve Road, Pune, Maharashtra, India – 411004
- IndustryEducation, EdTech Solutions
- 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 Bitcode Technologies Private Limited
The main business activity of Bitcode Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Bitcode Technologies Private Limited FY 2025 filings available
Bitcode Technologies Private Limited reported revenue of ₹89.59 Lakh (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bitcode Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 15% fall in the latest year. EBITDA fell 45% 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 Bitcode Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹22.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.54 Lakh | •••• | •••• | •••• | •••• |
| 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 Bitcode Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.6% | •••• | •••• | •••• | •••• |
| 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 Bitcode Technologies 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 Bitcode Technologies Private Limited
Bitcode Technologies Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Selfguru Educational Technologies Private Limited | ₹91 Lakh (FY 2018) | •••• | •••• | 163.0% | •••• | Pune, Maharashtra, India |
| Mishmash Education Services Private Limited | ₹90.73 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Dhruv Daga Professional Learning Private Limited | ₹90.46 Lakh (FY 2024) | •••• | •••• | 5600.0% | •••• | Nagpur, Maharashtra, India |
| Parentof Thought Net Solutions Private Limited | ₹90.44 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Gradious Technologies Private Limited | ₹90.43 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Bitcode Technologies Private Limited this company | ₹89.59 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Pune, Maharashtra, India |
| Edwice Edtech (OPC) Private Limited | ₹89.26 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Delhi, India |
| Digitaledu IT Solutions Private Limited | ₹89.24 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Beta Edge Innovations Private Limited | ₹88.31 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Technetix Private Limited | ₹87.88 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Coimbatore, Tamil Nadu, India |
| Edutechtionalists India Private Limited | ₹87.35 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Bitcode Technologies by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bitcode Technologies Private Limited
Bitcode Technologies Private Limited is audited by Katariya & Munot for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Katariya & Munot | 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 Bitcode Technologies Private Limited
Bitcode 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 |
|---|---|---|---|---|
| Sonal Rameshwarji Toshniwal | Whole-Time Director | 06 Aug 2009 | 17 Years 2 Months | Current |
| Vishal Subhashrao Jagtap | Whole-Time Director | 06 Aug 2009 | 17 Years 2 Months | Current |
Ownership and Shareholding of Bitcode 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 Bitcode Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2019 | Others | ₹60 Lakh | Open |
| 18 Jul 2019 | Others | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Associated Brands with Bitcode Technologies Private Limited
Bitcode Technologies operates one associated brand: Bitcode Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT training services for professionals and organizations. | bitcode.in |
Employees and EPFO Compliance at Bitcode Technologies Private Limited
Employment history and EPFO contributions of people linked to Bitcode 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 Bitcode Technologies Private Limited
Bitcode Technologies Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Sonal Rameshwarji Toshniwal ceased to be Director on 30 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Bitcode 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 Bitcode 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 Bitcode 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 Bitcode Technologies Private Limited
Bitcode Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS2969N1ZE | Maharashtra | 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 Bitcode 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 Bitcode Technologies Private Limited
Bitcode Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 06 August 2009 (17+ years old) and is registered under CIN U72200PN2009PTC134440.
Bitcode Technologies reported revenue of ₹89.59 Lakh for FY 2025 (down 15% YoY).
Bitcode Technologies has 2 current directors:
- Sonal Rameshwarji Toshniwal - Whole-Time Director
- Vishal Subhashrao Jagtap - Whole-Time Director
Bitcode Technologies reported a net loss of ₹9.54 Lakh (net margin -10.6%) and EBITDA of ₹22.13 Lakh (EBITDA margin 24.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitcode Technologies is -15% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitcode Technologies is 27AANCS2969N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bitcode Technologies is U72200PN2009PTC134440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitcode Technologies was incorporated on 06 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Bitcode Technologies by revenue are Selfguru Educational Technologies Private Limited, Mishmash Education Services Private Limited, Dhruv Daga Professional Learning Private Limited, Parentof Thought Net Solutions Private Limited, Gradious Technologies Private Limited and 5 more, all in the Education industry (Education Technology).
Sonal Rameshwarji Toshniwal ceased to be Director on 30 Nov 2025. Vishal Subhashrao Jagtap ceased to be Director on 30 Nov 2025. Sonal Rameshwarji Toshniwal was appointed as Whole-Time Director on 06 Aug 2009. Bitcode Technologies has 4 board changes on record in total.
Bitcode Technologies can be reached through the website bitcode.in. Its registered office is in Pune, Maharashtra, India.