Bitgo India Private Limited

Bitgo India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2022FTC155616 Incorporated 26 September 2022 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹31.21 Cr
▲ 1034% YoY
Net profit · FY 2024
₹3.07 Cr
Net margin 9.8%
EBITDA · FY 2024
₹4.34 Cr
EBITDA margin 13.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
50
Provident fund records
Directors on board
2
As per MCA filings

About Bitgo India Private Limited

Data last updated:

Bitgo India Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Bitgo Inc, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 September 2022.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2022FTC155616. Its GSTIN is 33AALCB1032B1ZH (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Michael Allen Belshe and Kishore Kalahasthi Padmaja.

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 New No 3/4 Old No 59 R.H. Road 1st Str Thiru VI Ka 1st Street Mylapore, Chennai, Tamil Nadu, India – 600004.

As per the financials filed for FY 2024, the company reported a revenue of ₹31.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.07 Cr (net margin 9.8%) and EBITDA of ₹4.34 Cr (EBITDA margin 13.9%).

The company has about 50 employees on its provident fund (EPFO) records.

Company details

CIN U72900TN2022FTC155616
Registration Number 155616
Incorporation Date 26 September 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bitgo Inc, Usa

Contact details

Bitgo India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    New No 3/4 Old No 59 R.H. Road 1st Str Thiru VI Ka 1st Street Mylapore, Chennai, Tamil Nadu, India – 600004
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Bitgo India Private Limited, buy the company report.

Comprehensive company report
Bitgo India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Bitgo India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Bitgo India Private Limited, buy the company report.

Financials of Bitgo India Private Limited

FY 2025 filings available

Bitgo India Private Limited reported revenue of ₹31.21 Cr (up 1034% YoY) for FY 2024.

Revenue · FY 2024
₹31.21 Cr ▲ 1034%
Net profit · FY 2024
₹3.07 Cr margin 9.8%
EBITDA · FY 2024
₹4.34 Cr margin 13.9%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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₹4.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.07 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin13.9%
Net Profit Margin9.8%
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

To see the full financial statements and ratios of Bitgo India Private Limited, buy the company report.

Board of directors of Bitgo India Private Limited

Bitgo India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Michael Allen BelsheDirector26 Sep 20224 Years 1 MonthsCurrent
Kishore Kalahasthi PadmajaDirector26 Sep 20224 Years 1 MonthsCurrent

Peer comparison

Bitgo India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Super Six Sports Gaming Private Limited₹31.32 Cr (FY 2025)-38.0%Gurgaon, Haryana, India
TBRC Business Research Private Limited₹31.29 Cr (FY 2024)12.0%Hyderabad, Telangana, India
Matellio India Private Limited₹31.27 Cr (FY 2024)-3.0%Jodhpur, Rajasthan, India
Integrative Systems India Private Limited₹31.26 Cr (FY 2025)22.0%Pune, Maharashtra, India
Qeros Software Consulting Private Limited₹31.22 Cr (FY 2025)79.0%Pune, Maharashtra, India
Bitgo India Private Limitedthis company₹31.21 Cr (FY 2024)₹3.07 Cr9.8%1034.0%50Chennai, Tamil Nadu, India
Prudent Globaltech Solutions Private Limited₹31.2 Cr (FY 2025)12.0%Hyderabad, Telangana, India
Rapidai Software Solutions India Private Limited₹31.17 Cr (FY 2025)68.0%Bangalore, Karnataka, India
Krios Info Solutions Private Limited₹31.14 Cr (FY 2025)7.0%Pune, Maharashtra, India
Vara Technology Private Limited₹31.14 Cr (FY 2025)-39.0%Kolkata, West Bengal, India
Tekarch Technology Private Limited₹31.12 Cr (FY 2025)49.0%Mysore, Karnataka, India

To see the full peer comparison of Bitgo India Private Limited, buy the company report.

Auditor

Bitgo India Private Limited is audited by KISHORE ABHISHEK AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KISHORE ABHISHEK AND COMPANYFY 2023015345S

Shareholding

The shareholding of Bitgo India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bitgo India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bitgo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bitgo India Private Limited has a workforce of 50 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
50
Active EPFO establishments
1
Employee growth
85.19%

GST

Bitgo India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AALCB1032B1ZHTamil NaduActive03 Jan 2023
29AALCB1032B1Z6KarnatakaActive20 Dec 2023

To see the full GST registrations and return filing status of Bitgo India Private Limited, buy the company report.

Recent activity

Bitgo India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kishore Kalahasthi Padmaja was appointed as Director on 26 Sep 2022.

AGM
Bitgo India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bitgo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Kishore Kalahasthi Padmaja was appointed as Director.
Appointed
Michael Allen Belshe was appointed as Director.
Incorporation
26 Sep 2022
Bitgo India Private Limited was registered on 26 Sep 2022 with Roc Chennai & aged 4 years 1 month as per MCA records.

Frequently asked questions

Bitgo India is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 September 2022 (4+ years old) and is registered under CIN U72900TN2022FTC155616.

Bitgo India has 2 current directors:

The latest financial statements of Bitgo India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.

The GSTIN of Bitgo India is 33AALCB1032B1ZH, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AALCB1032B1Z6 (Karnataka).

The CIN (Corporate Identification Number) of Bitgo India is U72900TN2022FTC155616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bitgo India was incorporated on 26 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Bitgo India by revenue are Super Six Sports Gaming Private Limited, TBRC Business Research Private Limited, Matellio India Private Limited, Integrative Systems India Private Limited, Qeros Software Consulting Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Kishore Kalahasthi Padmaja was appointed as Director on 26 Sep 2022. Michael Allen Belshe was appointed as Director on 26 Sep 2022.

The registered office of Bitgo India is at New No 34 Old No 59 R.H. Road 1st Str Thiru VI Ka 1st Street Mylapore, Chennai, Tamil Nadu, India – 600004.

Bitgo India operates in the information technology industry, in the IT consulting and support services segment.

Bitgo India can be reached at its registered office: New No 34 Old No 59 R.H. Road 1st Str Thiru VI Ka 1st Street Mylapore, Chennai, Tamil Nadu, India – 600004.