Bitwise Solutions Private Limited Company Logo

Bitwise Solutions Private Limited - Company Profile

It is a information technology private limited company based in Pune - 411 016., Maharashtra, India, established in 1997.

1997 | Pune - 411 016., Maharashtra, India | Active
Last Updated:

About Bitwise Solutions Private Limited

Bitwise Solutions Private Limited, a active private limited company, was established on 07 May 1997 in Pune - 411 016., Maharashtra, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200PN1997PTC015155. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹8.24 M.

It upholds a compliant status. Employing 1,102 professional, Its leadership includes Neelesh Desai Makarand (Director), Hemlata Salil Sakhardande (Director), Seemantini Neelesh Desai (Managing Director). It holds ₹21.16 Cr open charges and ₹125.95 Cr settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at 'Bitwise World', Next Toshivaji Housing, Society, Off Senapati Bapat Road,, Pune - 411 016., Maharashtra.

Company Details

  • CIN/LLPIN

    U62099PN1997PTC015155

  • Registration Number

    015155

  • Incorporation Date

    07 May 1997

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹8.24 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.24 M
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 21.16 Cr
  • Satisfied Charges ₹ 125.95 Cr
  • Revenue Growth 19.35%
  • Profit Growth -2.07%
  • Ebitda 12.79%
  • Net Worth 13.92%
  • Total Assets 2.94%
Company report

Bitwise Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Bitwise Solutions 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 Bitwise Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Neelesh Desai MakarandDirector07 May 1997Current
Hemlata Salil SakhardandeDirector02 May 2003Current
Seemantini Neelesh DesaiManaging Director02 May 2003Current
Salil Vasant SakhardandeDirector07 May 1997Current

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Financial Performance of Bitwise Solutions.

Bitwise Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.35% increase. The company also saw a slight decrease in profitability, with a 2.07% decrease in profit. The company's net worth Soared by an impressive increase of 13.92%.

Bitwise Solutions revenue growth over time
Bitwise Solutions profit and loss trends over time
  • 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
19.35%
Revenue from Operations
21.38%
Total Assets
2.94%
Profit or Loss
-2.07%
Net Worth
13.92%
EBITDA
12.79%

What is the Ownership and Shareholding Structure of Bitwise Solutions?

In 2023, Bitwise Solutions had a promoter holding of 90.46% and a public holding of 9.55%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹211,550,000.00

Satisfied Charges

₹1,259,486,947.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 21.16 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2023Axis Bank Limited₹1.95 MOpen
20 May 2022Axis Bank Limited₹2.10 MOpen
20 Jul 2021Axis Bank Limited₹2.50 MOpen
10 Sep 2007Axis Bank Limited₹20.50 CrOpen
23 Oct 2020Axis Bank Limited₹10.00 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Bitwise Solutions?

Bitwise Solutions has a workforce of 1102 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Bitwise Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bitwise Solutions, 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 Bitwise Solutions'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.

Latest Updates, News, and FAQs on Bitwise Solutions

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Bitwise Solutions Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Bitwise Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 20.50 Cr registered on 10 Sep 2007 with Charge ID 10071175 was modified on 18 Nov 2024. was documented.

  • Charges

    A charge registered on 27 Aug 2014 via Charge ID 10521975 with Axis Bank Limited was fully satisfied on 25 Sep 2023. was recorded as a recent event.

  • Charges

    A charge registered on 24 May 2013 via Charge ID 10432316 with Axis Bank Limited was fully satisfied on 25 Sep 2023. was recorded as a recent event.

  • Charges

    A charge registered on 23 Oct 2020 via Charge ID 100396791 with Axis Bank Limited was fully satisfied on 12 Jun 2023. was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Bitwise Solutions Private Limited?

    The CIN of Bitwise Solutions Private Limited is U62099PN1997PTC015155.

  • Where is Bitwise Solutions Private Limited headquartered?

    Bitwise Solutions Private Limited is headquartered at 'Bitwise World', Next Toshivaji Housing, Society, Off Senapati Bapat Road,, Pune - 411 016., Maharashtra.

  • When was Bitwise Solutions Private Limited incorporated?

    Bitwise Solutions Private Limited was incorporated on 07 May 1997.

  • Who are the current directors of Bitwise Solutions Private Limited?

    The current directors of Bitwise Solutions Private Limited are

  • What is the primary industry of Bitwise Solutions Private Limited?

    The primary industry of Bitwise Solutions Private Limited is Information And Communication.

  • Is Bitwise Solutions Private Limited a listed company?

    Bitwise Solutions Private Limited is unlisted.

  • What is the capital structure of Bitwise Solutions Private Limited?

    The authorized capital of Bitwise Solutions Private Limited is ₹1.00 Cr, and the paid-up capital is ₹8.24 M.

  • What is the compliance status of Bitwise Solutions Private Limited?

    The compliance status of Bitwise Solutions Private Limited is Compliant.

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