Bitsport Private Limited
About Bitsport Private Limited
Data last updated:
Bitsport Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 17 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC060011. Its GSTIN is 29AAGCP1570P1ZT (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashanth Kumar Pillareddy and Praveen Kumar Pillareddy.
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 316 1st J Main Road Kasturi Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr (net margin -35.4%) and EBITDA of -₹1.82 Cr (EBITDA margin -34.4%). Revenue has grown at a compounded annual rate (CAGR) of 55% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bitsport Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address316 1st J Main Road Kasturi Nagar, Bangalore, Karnataka, India – 560043
- IndustryEvents and Entertainment, Event Planning & Management
To see the full contact details of Bitsport Private Limited, buy the company report.
- 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
Business activity
The main business activity of Bitsport is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Bitsport Private Limited, buy the company report.
Financials of Bitsport Private Limited
FY 2025 filings availableBitsport Private Limited reported revenue of ₹5.31 Cr (up 686% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 686% growth in the latest year. EBITDA fell 125% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.82 Cr | ||||
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| Net Profit (PAT) | -₹1.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -34.4% | ||||
| Net Profit Margin | -35.4% | ||||
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To see the full financial statements and ratios of Bitsport Private Limited, buy the company report.
Board of directors of Bitsport Private Limited
Bitsport has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Kumar Pillareddy Also directs: Level Up Sports Private Limited | Director | 22 Jul 2022 | 4 Years 3 Months | Current |
| Praveen Kumar Pillareddy Also directs: White Peacock LLP, Level Up Sports Private Limited, Slash21 Sports Management Private Limited and 2 more | Director | 17 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Bitsport Private Limited is audited by S VARADARAJAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S VARADARAJAN & ASSOCIATES | FY 2019 | 012765S |
Shareholding
The shareholding of Bitsport Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bitsport Private Limited, buy the company report.
Deals & funding
Bitsport Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bitsport Private Limited has 3 court cases on record: 1 filed by Bitsport, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Badminton Association of India Represented by Its General Secretary Sanjay Mishra D-6/10, Ground Floor, Vasant Vihar ,New Delhi , Delhi | Disposed |
| High Court, KARNATAKA | Appeal | Filed against the company by Badminton Association of India | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Union of India and 1 other | Disposed |
To see the full case history of Bitsport Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bitsport Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bitsport has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP1570P1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bitsport Private Limited, buy the company report.
Recent activity
Bitsport Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Prashanth Kumar Pillareddy was appointed as Director on 22 Jul 2022.
Frequently asked questions
Bitsport is an active private limited company based in Bangalore, Karnataka, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 17 August 2011 (15+ years old) and is registered under CIN U72900KA2011PTC060011.
Bitsport has 2 current directors:
- Prashanth Kumar Pillareddy - Director
- Praveen Kumar Pillareddy - Director
The latest financial statements of Bitsport on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bitsport is 29AAGCP1570P1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Bitsport is U72900KA2011PTC060011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitsport has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Bitsport was incorporated on 17 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Bitsport has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Prashanth Kumar Pillareddy was appointed as Director on 22 Jul 2022. Sujatha Reddy ceased to be Director on 22 Jul 2022. Karthik Chandrasekaran ceased to be Director on 29 Aug 2014. Bitsport has 4 board changes on record in total.
The registered office of Bitsport is at 316 1st J Main Road Kasturi Nagar, Bangalore, Karnataka, India – 560043.
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