About Bitnet Technologies Private Limited
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Bitnet Technologies Private Limited is a private limited company based in Panaji, Goa, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U72200GA2009PTC006222. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Udaya Prabhu Nachinolcar and Siddhesh Uday Prabhu Nasnodkar.
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 L – 13/ 14 Alfran Plaza M G Road, Panaji, Goa, India – 403002.
The company is associated with 1 brand: BitNet. As per MCA filings, the company has open charges of ₹1.73 Cr and satisfied charges of ₹17 Lakh 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 bitnet.in.
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- Website
- Social MediaLocked
- Registered AddressL – 13/ 14 Alfran Plaza M G Road, Panaji, Goa, India – 403002
- IndustryInformation Technology, IT Consulting & Support 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
Financials of Bitnet Technologies Private Limited FY 2025 filings available
Bitnet Technologies Private Limited reported revenue of ₹2,300 (down 93% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Bitnet Technologies Private Limited
Revenue fell 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Bitnet Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2,300 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Bitnet Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Bitnet 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.
Auditor Details of Bitnet Technologies Private Limited
Bitnet Technologies Private Limited is audited by A A PRABHU BHATIKAR & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A A PRABHU BHATIKAR & CO | 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 Bitnet Technologies Private Limited
Bitnet Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udaya Prabhu Nachinolcar | Director | 12 Nov 2009 | 16 Years 10 Months | Current |
| Siddhesh Uday Prabhu Nasnodkar | Director | 12 Nov 2009 | 16 Years 10 Months | Current |
| Maya Udayprabhu Nachinolcar | Director | 30 Sep 2011 | 15 Years 0 Months | Current |
| Yogiraj Digamber Kamat | Director | 23 Apr 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Bitnet 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 Bitnet Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2019 | Others | ₹1.73 Cr | Open |
| 31 Jan 2011 | Pyramid Finance Private Limited | ₹17 Lakh | Satisfied |
Total charge records: 2 View all charges
Associated Brands with Bitnet Technologies Private Limited
Bitnet Technologies operates one associated brand: BitNet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Website design, application development, and online marketing services are provided. | bitnettechnology.com |
Employees and EPFO Compliance at Bitnet Technologies Private Limited
Employment history and EPFO contributions of people linked to Bitnet 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 Bitnet Technologies Private Limited
Bitnet Technologies Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Maya Udayprabhu Nachinolcar ceased to be Additional Director on 29 Sep 2012.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bitnet 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 Bitnet 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 Bitnet 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 Bitnet Technologies Private Limited
Bitnet Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Bitnet 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 Bitnet Technologies Private Limited
Bitnet Technologies is an active private limited company based in Panaji, Goa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 November 2009 (17+ years old) and is registered under CIN U72200GA2009PTC006222.
Bitnet Technologies has 4 current directors:
- Udaya Prabhu Nachinolcar - Director
- Siddhesh Uday Prabhu Nasnodkar - Director
- Maya Udayprabhu Nachinolcar - Director
- Yogiraj Digamber Kamat - Director
No. Bitnet Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bitnet Technologies is U72200GA2009PTC006222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitnet Technologies was incorporated on 12 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Goa.
Maya Udayprabhu Nachinolcar ceased to be Additional Director on 29 Sep 2012. Yogiraj Digamber Kamat ceased to be Additional Director on 29 Sep 2012. Yogiraj Digamber Kamat was appointed as Director on 23 Apr 2012. Bitnet Technologies has 6 board changes on record in total.
Bitnet Technologies can be reached through the website bitnet.in. Its registered office is in Panaji, Goa, India.
The registered office of Bitnet Technologies is at L – 13 14 Alfran Plaza M G Road, Panaji, Goa, India – 403002.
Bitnet Technologies has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh.
Bitnet Technologies operates in the information technology industry, in the IT consulting and support services segment.