Bitsping Technologies Private Limited
About Bitsping Technologies Private Limited
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Bitsping Technologies Private Limited is a private limited company based in Changanacherry, Kerala, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2017PTC051525.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Reshma Raj (Managing Director) and Jins Antony.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No. 8/102 Puthupparampil (Upasana) Perumpanachy P.O., Changanacherry, Kerala, India – 686536.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.94 Lakh (net margin 6.1%) and EBITDA of ₹3.2 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 36% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressDoor No. 8/102 Puthupparampil (Upasana) Perumpanachy P.O., Changanacherry, Kerala, India – 686536
- IndustryInformation Technology, Other Computer Related Activities
- 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 of Bitsping Technologies Private Limited
The main business activity of Bitsping Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Bitsping Technologies Private Limited FY 2024 filings available
Bitsping Technologies Private Limited reported revenue of ₹48.11 Lakh (up 164% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bitsping Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 164% growth in the latest year. EBITDA rose 334% 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 Bitsping Technologies 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.94 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bitsping Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 Bitsping 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 Bitsping Technologies Private Limited
Bitsping Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Openfin Technologies Private Limited | ₹48.18 Lakh (FY 2025) | •••• | •••• | 120.0% | •••• | Hazinagar, West Bengal, India |
| Lifeline Business Solutions and Services Private Limited | ₹48.15 Lakh (FY 2025) | •••• | •••• | 65.0% | •••• | Kochi, Kerala, India |
| Panaashe Experts Private Limited | ₹48.15 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Delhi, India |
| Yms Venture Private Limited | ₹48.13 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Gurgaon, Haryana, India |
| Digant Technologies Private Limited | ₹48.11 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Bitsping Technologies Private Limited this company | ₹48.11 Lakh (FY 2024) | •••• | •••• | 164.0% | •••• | Changanacherry, Kerala, India |
| Paratus Knowledge Ventures Private Limited | ₹48.11 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Fridayjobs HR Solutions Private Limited | ₹48.1 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Dindigul, Tamil Nadu, India |
| Xenlogic Technologies Private Limited | ₹48.1 Lakh (FY 2025) | •••• | •••• | 447.0% | •••• | Hyderabad, Telangana, India |
| Jiaanu Infoservices Private Limited | ₹48.1 Lakh (FY 2024) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Thalus Technologies Private Limited | ₹48.09 Lakh (FY 2025) | •••• | •••• | 114.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bitsping Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Bitsping Technologies Private Limited
Bitsping Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jins Antony | Director | 27 Dec 2017 | 8 Years 9 Months | Current |
| Reshma Raj | Managing Director | 27 Dec 2017 | 8 Years 9 Months | Current |
Ownership and Shareholding of Bitsping 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 Bitsping Technologies Private Limited
Bitsping Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bitsping Technologies Private Limited
Employment history and EPFO contributions of people linked to Bitsping 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 Bitsping Technologies Private Limited
Bitsping Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jins Antony was appointed as Director on 27 Dec 2017.
Credit Ratings, Litigation & Regulatory Alerts for Bitsping 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 Bitsping 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 Bitsping 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 Bitsping Technologies Private Limited
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 Bitsping 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 Bitsping Technologies Private Limited
Bitsping Technologies is an active private limited company based in Changanacherry, Kerala, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 27 December 2017 (9+ years old) and is registered under CIN U72900KL2017PTC051525.
Bitsping Technologies reported revenue of ₹48.11 Lakh for FY 2024 (up 164% YoY).
Bitsping Technologies has 2 current directors:
- Reshma Raj - Managing Director
- Jins Antony - Director
Bitsping Technologies reported a net profit of ₹2.94 Lakh (net margin 6.1%) and EBITDA of ₹3.2 Lakh (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitsping Technologies is 88% over three years and 36% over five years. In the latest year (FY 2024) revenue rose 164%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Bitsping Technologies is U72900KL2017PTC051525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitsping Technologies was incorporated on 27 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Bitsping Technologies by revenue are Openfin Technologies Private Limited, Lifeline Business Solutions and Services Private Limited, Panaashe Experts Private Limited, Yms Venture Private Limited, Digant Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jins Antony was appointed as Director on 27 Dec 2017. Reshma Raj was appointed as Managing Director on 27 Dec 2017.
The registered office of Bitsping Technologies is at Door No. 8102 Puthupparampil Upasana Perumpanachy P.O., Changanacherry, Kerala, India – 686536.
Bitsping Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh.