Bitgroovy Technologies India Private Limited
About Bitgroovy Technologies India Private Limited
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Bitgroovy Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 04 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC095500. Its GSTIN is 29AAGCB8343N1Z2 (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Minakanagurki Venkataswamy Srinivasa and Deepak Minakanagurki Srinivasa.
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 #134 Pranava 4th Main Road Anjaneyanagar Banashankari 3rd Stage, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2024, the company reported a revenue of ₹99,272, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹70,210 (net margin -70.7%) and EBITDA of -₹59,141 (EBITDA margin -59.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#134 Pranava 4th Main Road Anjaneyanagar Banashankari 3rd Stage, Bangalore, Karnataka, India – 560085
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Bitgroovy Technologies India Private Limited
The main business activity of Bitgroovy Technologies India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Auditor Details of Bitgroovy Technologies India Private Limited
Bitgroovy Technologies India Private Limited is audited by Ramanatha Pai B.H. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramanatha Pai B.H. | 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 Bitgroovy Technologies India Private Limited
Bitgroovy Technologies India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minakanagurki Venkataswamy Srinivasa Also directs: Tappingtao Technologies India Private Limited | Director | 04 Aug 2016 | 10 Years 2 Months | Current |
| Deepak Minakanagurki Srinivasa | Director | 04 Aug 2016 | 10 Years 2 Months | Current |
Financials of Bitgroovy Technologies India Private Limited FY 2025 filings available
Bitgroovy Technologies India Private Limited reported revenue of ₹99,272 (up 5180% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bitgroovy Technologies India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years. EBITDA rose 94% 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 Bitgroovy Technologies India 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 | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹59,141 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70,210 | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Bitgroovy Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -59.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -70.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Bitgroovy Technologies India are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Bitgroovy Technologies India 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 Bitgroovy Technologies India Private Limited
Bitgroovy Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bitgroovy Technologies India Private Limited
Employment history and EPFO contributions of people linked to Bitgroovy Technologies India.
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.
GST Compliance of Bitgroovy Technologies India Private Limited
Bitgroovy Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB8343N1Z2 | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Bitgroovy Technologies India 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 Bitgroovy Technologies India 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 Bitgroovy Technologies India 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.
MCA Filings & Documents of Bitgroovy Technologies India 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.
Recent Activity on Bitgroovy Technologies India Private Limited
Frequently Asked Questions about Bitgroovy Technologies India Private Limited
Bitgroovy Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 04 August 2016 (10+ years old) and is registered under CIN U74999KA2016PTC095500.
Bitgroovy Technologies India reported revenue of ₹99,272 for FY 2024 (up 5180% YoY).
Bitgroovy Technologies India has 2 current directors:
- Minakanagurki Venkataswamy Srinivasa - Director
- Deepak Minakanagurki Srinivasa - Director
Bitgroovy Technologies India reported a net loss of ₹70,210 (net margin -70.7%) and EBITDA of -₹59,141 (EBITDA margin -59.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitgroovy Technologies India is -65% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitgroovy Technologies India is 29AAGCB8343N1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Bitgroovy Technologies India is U74999KA2016PTC095500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitgroovy Technologies India was incorporated on 04 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Bitgroovy Technologies India is at #134 Pranava 4th Main Road Anjaneyanagar Banashankari 3rd Stage, Bangalore, Karnataka, India – 560085.