About Bitek Solar Private Limited
Data last updated:
Bitek Solar Private Limited is a private limited company based in Rajpura, Punjab, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2019PTC049000. Its GSTIN is 03AAICB2568D1Z0 (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Kartik Saini and Alok Kumar.
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 Rajpura, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.4 Lakh (net margin 3%) and EBITDA of ₹58.21 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 306% over three years and 119% over five years.
As per MCA filings, the company has open charges of ₹2.31 Cr and satisfied charges of ₹20 Lakh on record. Court records list 1 case involving the company; 1 case is pending.
For more details, the company can be reached via its website bitekenergy.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressGodown No 1, 234 Vivekanand Public School Road Phabat, Rajpura, Punjab, India – 140603
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Bitek Solar Private Limited
The main business activity of Bitek Solar is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. 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 Bitek Solar Private Limited FY 2025 filings available
Bitek Solar Private Limited reported revenue of ₹7.8 Cr (up 163% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bitek Solar Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 119% over five years, including 163% growth in the latest year. EBITDA rose 101% 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 Bitek Solar 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 | ₹58.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.4 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 Bitek Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Bitek Solar are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Bitek Solar Private Limited
Bitek Solar has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Saini Also directs: Balwant Technologies LLP | Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Alok Kumar | Director | 22 Jun 2020 | 6 Years 3 Months | Current |
| Rajiv Saini | Director | 20 Feb 2019 | 7 Years 7 Months | Current |
| Kashish Saini Also directs: Brightsun Pathways LLP, Balwant Technologies LLP | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Bitek Solar 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 Bitek Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2025 | Others | ₹1.3 Cr | Open |
| 06 Mar 2024 | Hdfc Bank Limited | ₹20.12 Lakh | Open |
| 27 Jul 2023 | Hdfc Bank Limited | ₹20.64 Lakh | Open |
| 13 Jul 2023 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 09 Mar 2023 | Canara Bank | ₹20 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Bitek Solar Private Limited
Bitek Solar Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SBS Nagar, Punjab | Civil suit | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bitek Solar Private Limited
Employment history and EPFO contributions of people linked to Bitek Solar.
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 Bitek Solar Private Limited
Bitek Solar Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Kartik Saini was appointed as Director on 02 Apr 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bitek Solar 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 Bitek Solar 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 Bitek Solar 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 Bitek Solar Private Limited
Bitek Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICB2568D1Z0 | Punjab | Active | 13 Mar 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 Bitek Solar 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 Bitek Solar Private Limited
Bitek Solar is an active private limited company based in Rajpura, Punjab, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 February 2019 (7+ years old) and is registered under CIN U51909PB2019PTC049000.
Bitek Solar reported revenue of ₹7.8 Cr for FY 2025 (up 163% YoY).
Bitek Solar has 4 current directors:
- Kartik Saini - Director
- Alok Kumar - Director
- Rajiv Saini - Director
- Kashish Saini - Director
Bitek Solar reported a net profit of ₹23.4 Lakh (net margin 3%) and EBITDA of ₹58.21 Lakh (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitek Solar is 306% over three years and 119% over five years. In the latest year (FY 2025) revenue rose 163%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitek Solar is 03AAICB2568D1Z0, registered in Punjab.
The CIN (Corporate Identification Number) of Bitek Solar is U51909PB2019PTC049000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitek Solar has 1 court case on record. 1 is pending.
Bitek Solar was incorporated on 01 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
Kartik Saini was appointed as Director on 02 Apr 2024. Alok Kumar was appointed as Director on 22 Jun 2020. Balwant Kaur ceased to be Director on 22 Jun 2020. Bitek Solar has 5 board changes on record in total.