Bitsport Private Limited - Company Profile

It is a events and entertainment private limited company based in Bangalore, Karnataka, India, established in 2011.
2011 Bangalore, Karnataka, India Active
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About Bitsport Private Limited

Bitsport Private Limited, a active private limited company, was established on 17 August 2011 in Bangalore, Karnataka, India. Engaging in event planning & management within the events and entertainment sector, it holds CIN: U72900KA2011PTC060011. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Prashanth Kumar Pillareddy (Director), Praveen Kumar Pillareddy (Director). Past directors included Sujatha Reddy, Karthik Chandrasekaran. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 316 1St J Main Road Kasturi Nagar, Bangalore, Karnataka, 560043.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900KA2011PTC060011

  • Registration Number

    060011

  • Incorporation Date

    17 August 2011

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -99.67%
  • Profit Growth **** -110.22%
  • Net Worth -0.83%
  • Total Assets -8.33%
Company report

Bitsport Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Bitsport 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 Bitsport Private Limited?
Current Directors
Name Designation Appointment Date Status
Prashanth Kumar Pillareddy Director 22 Jul 2022 Current
Praveen Kumar Pillareddy Director 17 Aug 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Jul 2022 Past
Pramod Abcsdd Director 29 Aug 2014 Past

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Financial Performance of Bitsport.

Bitsport Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.67% decrease. The company also saw a substantial fall in profitability, with a 110.22% decrease in profit. The company's net worth dipped by a decrease of 0.83%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 -99.67%
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*******
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -8.33%
*******
*******
*******
*******
Profit or Loss
*******
 -110.22%
*******
*******
*******
*******
Net Worth
*******
 -0.83%
*******
*******
*******
*******
EBITDA
*******
*******
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Bitsport?

In 2019, Bitsport had a promoter holding of 100.00%. 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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How Many Employees Work at Bitsport?

Unlock and access historical data on people associated with Bitsport, 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 Bitsport, 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 Bitsport's trajectory.

Rating
Graph displaying rating trends over time

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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 Bitsport
Recent Activity within the Organization
  • Annual General Meeting

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

  • Balance Sheet

    Bitsport Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on Prashanth Kumar Pillareddy was appointed as a Director was appointed as a Director on 22 Jul 2022 & has been associated with this company since 3 years 6 months . was documented.

  • Director Appointment

    Progress on Praveen Kumar Pillareddy was appointed as a Director was appointed as a Director on 17 Aug 2011 & has been associated with this company since 14 years 5 months . was documented.

  • Company Incorporation

    The activity Bitsport Private Limited was registered on 17 Aug 2011 with Roc Bangalore & aged 14 years 5 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Bitsport Private Limited?

The CIN of Bitsport Private Limited is U72900KA2011PTC060011.

Where is Bitsport Private Limited headquartered?

Bitsport Private Limited is headquartered at 316 1St J Main Road Kasturi Nagar, Bangalore, Karnataka, 560043.

When was Bitsport Private Limited incorporated?

Bitsport Private Limited was incorporated on 17 August 2011.

Who are the current directors of Bitsport Private Limited?

The current directors of Bitsport Private Limited are

What is the primary industry of Bitsport Private Limited?

The primary industry of Bitsport Private Limited is Events And Entertainment.

Is Bitsport Private Limited a listed company?

Bitsport Private Limited is unlisted.

What is the capital structure of Bitsport Private Limited?

The authorized capital of Bitsport Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Bitsport Private Limited?

The compliance status of Bitsport Private Limited is Compliant.

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