About Bitstreet Technologies Private Limited
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Bitstreet Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC101122. Its GSTIN is 36AAGCB4564K1ZE (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gupta Samvit and Raghavender Reddy Amanaganti.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1708 8 – 2 – 681/A/15 Road No. 12 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.15 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr (net margin -132.7%) and EBITDA of -₹1.37 Cr (EBITDA margin -63.8%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bitstreet. As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitstreet.in.
Company details
Contact details
Bitstreet Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is bitstreet.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1708 8 – 2 – 681/A/15 Road No. 12 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Bitstreet Technologies 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
Brands
Bitstreet Technologies operates one associated brand: Bitstreet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides blockchain development services, including smart contracts and DLT solutions. | bitstreet.in |
Business activity
The main business activity of Bitstreet Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Bitstreet Technologies Private Limited, buy the company report.
Financials of Bitstreet Technologies Private Limited
FY 2019 filings availableBitstreet Technologies Private Limited reported revenue of ₹2.15 Cr (down 82% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 77%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.15 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.85 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.8% | ||||
| Net Profit Margin | -132.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bitstreet Technologies Private Limited, buy the company report.
Board of directors of Bitstreet Technologies Private Limited
Bitstreet Technologies 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 |
|---|---|---|---|---|
| Raghavender Reddy Amanaganti Also directs: SVR Vega Housing Project LLP, Food Guild Private Limited, SVR Ventures India Private Limited and 5 more | Additional Director | 05 Mar 2020 | 6 Years 7 Months | Current |
| Gupta Samvit | Director | 09 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Bitstreet Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panoptic Infotech Private Limited | ₹11.72 Cr (FY 2025) | 1801.0% | Jaipur, Rajasthan, India | |||
| Kovan Technology Labs India Private Limited | ₹11.67 Cr (FY 2024) | 23.0% | Coimbatore, Tamil Nadu, India | |||
| Edugem Technologies Private Limited | ₹11.61 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Bitstreet Technologies Private Limitedthis company | ₹2.15 Cr (FY 2020) | -₹2.85 Cr | -132.7% | -82.0% | 10 | Hyderabad, Telangana, India |
To see the full peer comparison of Bitstreet Technologies Private Limited, buy the company report.
Auditor
Bitstreet Technologies Private Limited is audited by T A G & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T A G & COMPANY | FY 2019 | 017747S |
Shareholding
The shareholding of Bitstreet Technologies Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bitstreet Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100022314 | Others | ₹6 Cr | Open |
To see the full charge records of Bitstreet Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bitstreet Technologies Private Limited has 4 court cases on record: 2 filed by Bitstreet Technologies, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by The Agrasen Co-Op Urban Bank Ltd Rep by Mr. Sri. R. Upender Kumar | Pending |
| Supreme Court | Court case (1412-Criminal Matters : Criminal T.P. Under Section 406 of the Cr.P.C.) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Agrasen Co-Operative Urban Bank Limited Rep. by Its Chairman and Authorized Officer Head Office at: 15-2- 391/392/1, Siddiambar Bazar, Hyderabad, Telangana ,Hyderabad , Telangana and 2 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Agrasen Co-Operative Urban Bank Ltd | Disposed |
To see the full case history of Bitstreet Technologies 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 Bitstreet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bitstreet Technologies Private Limited has a workforce of 10 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Bitstreet Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCB4564K1ZE | Telangana | Active | 01 Jul 2017 |
| 27AAGCB4564K1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bitstreet Technologies Private Limited, buy the company report.
Recent activity
Bitstreet Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Gulab Gulam Siddhan Khan ceased to be Additional Director on 05 Mar 2020.
Frequently asked questions
Bitstreet Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 09 October 2015 (11+ years old) and is registered under CIN U72200TG2015PTC101122.
Bitstreet Technologies has 2 current directors:
- Raghavender Reddy Amanaganti - Additional Director
- Gupta Samvit - Director
The latest financial statements of Bitstreet Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Bitstreet Technologies is 36AAGCB4564K1ZE, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCB4564K1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Bitstreet Technologies is U72200TG2015PTC101122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitstreet Technologies has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the supreme court.
Bitstreet Technologies was incorporated on 09 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bitstreet Technologies by revenue are Panoptic Infotech Private Limited, Kovan Technology Labs India Private Limited, Edugem Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Gulab Gulam Siddhan Khan ceased to be Additional Director on 05 Mar 2020. Raghavender Reddy Amanaganti was appointed as Additional Director on 05 Mar 2020. Gupta Vikrantkumar Vijaykumar ceased to be Director on 13 Apr 2019. Bitstreet Technologies has 4 board changes on record in total.
Bitstreet Technologies can be reached through the website bitstreet.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Bitstreet Technologies is at 1708 8 – 2 – 681A15 Road No. 12 Banjara Hills, Hyderabad, Telangana, India – 500034.