Bitpit Technologies (OPC) Private Limited
About Bitpit Technologies (OPC) Private Limited
Data last updated:
Bitpit Technologies (OPC) Private Limited is a one person company based in Meerut, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2017OPC096719. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Udit Chandna (Managing Director).
Its latest financial statements are for the year ended 31 March 2025. The registered office is at 228 Begum Bagh Chandna House, Meerut, Uttar Pradesh, India – 250001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.46 Lakh (net margin -62.4%) and EBITDA of -₹4.41 Lakh (EBITDA margin -61.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
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- Registered Address228 Begum Bagh Chandna House, Meerut, Uttar Pradesh, India – 250001
- IndustryInformation Technology, Software Development & 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
Business Activity of Bitpit Technologies (OPC) Private Limited
The main business activity of Bitpit Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Bitpit Technologies (OPC) Private Limited FY 2025 filings available
Bitpit Technologies (OPC) Private Limited reported revenue of ₹7.15 Lakh (up 2212% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bitpit Technologies (OPC) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years. 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 Bitpit Technologies (OPC) 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 | -₹4.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.46 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 Bitpit Technologies (OPC) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -62.4% | •••• | •••• | •••• | •••• |
| 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 Bitpit Technologies are in the company report.
Financial statements from FY 2018
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 Bitpit Technologies (OPC) Private Limited
Bitpit Technologies (OPC) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| High Performance Engineering and Research Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Darshit Software Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Orion Is Consultants Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Regulus Circle Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Bulletin Software Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Bitpit Technologies (OPC) Private Limited this company | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Ranax Technology (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Gwalior, Madhya Pradesh, India |
| Webfeed Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Cords Innovations Private Limited | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Recipeat India Private Limited | •••• | •••• | •••• | •••• | - | Nolambur, Tamil Nadu, India |
| Norien Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Bitpit Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bitpit Technologies (OPC) Private Limited
Bitpit Technologies (OPC) Private Limited is audited by JAIN RAJEEV & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN RAJEEV & ASSOCIATES | 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 Bitpit Technologies (OPC) Private Limited
Bitpit Technologies has 1 current director and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udit Chandna | Managing Director | 06 Sep 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Bitpit Technologies (OPC) 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 Bitpit Technologies (OPC) Private Limited
Bitpit Technologies (OPC) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bitpit Technologies (OPC) Private Limited
Employment history and EPFO contributions of people linked to Bitpit 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 Bitpit Technologies (OPC) Private Limited
Bitpit Technologies (OPC) Private Limited has 2 board changes on record since 2017: 1 appointment and 1 cessation. The latest: Udit Chandna ceased to be Director on 02 Oct 2017.
Credit Ratings, Litigation & Regulatory Alerts for Bitpit Technologies (OPC) 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 Bitpit Technologies (OPC) 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 Bitpit Technologies (OPC) 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 Bitpit Technologies (OPC) Private Limited
Bitpit 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 Bitpit Technologies (OPC) 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 Bitpit Technologies (OPC) Private Limited
Bitpit Technologies is an active company based in Meerut, Uttar Pradesh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 06 September 2017 (9+ years old) and is registered under CIN U74999UP2017OPC096719.
Bitpit Technologies reported revenue of ₹7.15 Lakh for FY 2025 (up 2212% YoY).
Bitpit Technologies has 1 current director:
- Udit Chandna - Managing Director
Bitpit Technologies reported a net loss of ₹4.46 Lakh (net margin -62.4%) and EBITDA of -₹4.41 Lakh (EBITDA margin -61.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitpit Technologies is -59% over three years. CAGR is the steady yearly rate that links the first and the last year.
No. Bitpit Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bitpit Technologies is U74999UP2017OPC096719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitpit Technologies was incorporated on 06 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Bitpit Technologies by revenue are High Performance Engineering and Research Private Limited, Darshit Software Services Private Limited, Orion Is Consultants Private Limited, Regulus Circle Private Limited, Bulletin Software Services Private Limited and 5 more, all in the Information Technology industry (Software Services).
Udit Chandna ceased to be Director on 02 Oct 2017. Udit Chandna was appointed as Managing Director on 06 Sep 2017.
Yes, Bitpit Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).