Bugbite IT Solutions Private Limited
About Bugbite IT Solutions Private Limited
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Bugbite IT Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2019PTC049680. Its GSTIN is 23AAICB6645F1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Samarathlal Malviya and Abhishek Devpura.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 507 Mahalaxmi Nagar Mr – 5 Satya Sai, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.92 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹4.71 Lakh (net margin -95.8%) and EBITDA of -₹4.71 Lakh (EBITDA margin -95.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
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- Registered Address507 Mahalaxmi Nagar Mr – 5 Satya Sai, Indore, Madhya Pradesh, India – 452010
- 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
- One PDF report, delivered after checkout
Business Activity of Bugbite IT Solutions Private Limited
The main business activity of Bugbite IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Board of Directors of Bugbite IT Solutions Private Limited
Bugbite IT Solutions 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 |
|---|---|---|---|---|
| Samarathlal Malviya | Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Abhishek Devpura | Director | 05 Jan 2024 | 2 Years 9 Months | Current |
Financials of Bugbite IT Solutions Private Limited FY 2023 filings available
Bugbite IT Solutions Private Limited reported revenue of ₹4.92 Lakh (down 88% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bugbite IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 88% fall in the latest year. EBITDA fell 300% 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 Bugbite IT Solutions Private Limited
| Metrics | 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 | -₹4.71 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.71 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 | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Bugbite IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -95.8% | •••• | •••• | •••• |
| Net Profit Margin | -95.8% | •••• | •••• | •••• |
| 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 Bugbite IT Solutions are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of Bugbite IT Solutions 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 Bugbite IT Solutions Private Limited
Bugbite IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bugbite IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Bugbite IT Solutions.
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.
GST Compliance of Bugbite IT Solutions Private Limited
Bugbite IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICB6645F1ZS | Madhya Pradesh | Active | 25 Sep 2020 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Bugbite IT Solutions 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 Bugbite IT Solutions 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 Bugbite IT Solutions 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.
MCA Filings & Documents of Bugbite IT Solutions 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.
Recent Activity on Bugbite IT Solutions Private Limited
Frequently Asked Questions about Bugbite IT Solutions Private Limited
Bugbite IT Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 September 2019 (7+ years old) and is registered under CIN U72900MP2019PTC049680.
Bugbite IT Solutions reported revenue of ₹4.92 Lakh for FY 2023 (down 88% YoY).
Bugbite IT Solutions has 2 current directors:
- Samarathlal Malviya - Director
- Abhishek Devpura - Director
Bugbite IT Solutions reported a net loss of ₹4.71 Lakh (net margin -95.8%) and EBITDA of -₹4.71 Lakh (EBITDA margin -95.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bugbite IT Solutions is -34% over three years. In the latest year (FY 2023) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bugbite IT Solutions is 23AAICB6645F1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bugbite IT Solutions is U72900MP2019PTC049680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bugbite IT Solutions was incorporated on 26 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The registered office of Bugbite IT Solutions is at 507 Mahalaxmi Nagar Mr – 5 Satya Sai, Indore, Madhya Pradesh, India – 452010.