Bits Tact Infotech Private Limited - Company Profile

It is a information technology private limited company based in Kozhikode, Kerala, India, established in 1988.
1988 Kozhikode, Kerala, India Active
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About Bits Tact Infotech Private Limited

Bits Tact Infotech Private Limited, a active private limited company, was established on 18 October 1988 in Kozhikode, Kerala, India. Engaging in it products retail & distribution within the trade sector, it holds CIN: U72200KL1988PTC005202. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Formerly known as Talent Academy Of Computer Technology Pvt Ltd. It upholds a compliant status. Its leadership includes Pratheesh Varghese (Director), Lekha Varghese (Director), Varghese Kooran Varkey (Managing Director). It holds ₹5.30 M open charges and ₹0.35 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Thouhid Binaya, Cda Colony Road, East Nadakkav P O, Kozhikode, Kerala, 673006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72200KL1988PTC005202

  • Registration Number

    005202

  • Incorporation Date

    18 October 1988

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.30 M
  • Satisfied Charges ₹ 0.35 M
  • Revenue Growth **** -13.14%
  • Profit Growth **** -106.60%
  • Ebitda **** -121.62%
  • Net Worth -0.15%
  • Total Assets -21.79%
Company report

Bits Tact Infotech Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Bits Tact Infotech Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bits Tact Infotech Private Limited?
Current Directors
Name Designation Appointment Date Status
Pratheesh Varghese Director 30 Sep 1997 Current
Lekha Varghese Director 30 Sep 1997 Current
Varghese Kooran Varkey Managing Director 18 Oct 1988 Current
Chalakkalakam Abdussalam Director 29 Sep 1998 Current

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Financial Performance of Bits Tact Infotech.

Bits Tact Infotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.14% decrease. The company also saw a substantial fall in profitability, with a 106.6% decrease in profit. The company's net worth dipped by a decrease of 0.15%.

Bits Tact Infotech revenue growth over time
Bits Tact Infotech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-13.14%
*******
*******
*******
*******
Revenue from Operations
*******
-18.40%
*******
*******
*******
*******
Total Assets
*******
-21.79%
*******
*******
*******
*******
Profit or Loss
*******
-106.60%
*******
*******
*******
*******
Net Worth
*******
-0.15%
*******
*******
*******
*******
EBITDA
*******
-121.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Bits Tact Infotech?

In 2023, Bits Tact Infotech had a public holding of 31.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,300,000.00

Satisfied Charges

₹350,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.53 Cr
Latest Charge Details
Date Lender Amount Status
07 Nov 2014 Hdfc Bank Limited ₹5.30 M Open
15 Dec 1989 State Bank Of India ₹0.05 M Satisfied
09 Jan 1989 State Bank Of India ₹0.30 M Satisfied

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How Many Employees Work at Bits Tact Infotech?

Unlock and access historical data on people associated with Bits Tact Infotech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bits Tact Infotech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bits Tact Infotech's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bits Tact Infotech
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Bits Tact Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Bits Tact Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was documented.

  • Charges

    A charge registered on 15 Dec 1989 via Charge ID 90015772 with State Bank Of India was fully satisfied on 08 Dec 2014. was recorded as a recent event.

  • Charges

    The activity A charge registered on 09 Jan 1989 via Charge ID 90015702 with State Bank Of India was fully satisfied on 08 Dec 2014. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.30 M with Charge ID 10529303 was registered on 07 Nov 2014. was recorded as a recent event.

  • Director Appointment

    The activity Chalakkalakam Abdussalam was appointed as a Director was appointed as a Director on 29 Sep 1998 & has been associated with this company since 27 years 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Bits Tact Infotech Private Limited?

The CIN of Bits Tact Infotech Private Limited is U72200KL1988PTC005202.

Where is Bits Tact Infotech Private Limited headquartered?

Bits Tact Infotech Private Limited is headquartered at Thouhid Binaya, Cda Colony Road, East Nadakkav P O, Kozhikode, Kerala, 673006.

When was Bits Tact Infotech Private Limited incorporated?

Bits Tact Infotech Private Limited was incorporated on 18 October 1988.

Who are the current directors of Bits Tact Infotech Private Limited?

The current directors of Bits Tact Infotech Private Limited are

What is the primary industry of Bits Tact Infotech Private Limited?

The primary industry of Bits Tact Infotech Private Limited is Trade.

Is Bits Tact Infotech Private Limited a listed company?

Bits Tact Infotech Private Limited is unlisted.

What is the capital structure of Bits Tact Infotech Private Limited?

The authorized capital of Bits Tact Infotech Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Bits Tact Infotech Private Limited?

The compliance status of Bits Tact Infotech Private Limited is Compliant.

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