IIT Bhilai Innovation and Technology Foundation

IIT Bhilai Innovation and Technology Foundation - information technology in Raipur, Chhattisgarh, India. Directors, charges & compliance details.
CIN U80902CT2021NPL011186 Incorporated 20 January 2021 ROC Chhattisgarh HQ Raipur, Chhattisgarh, India
Active Private Not For Profit Company information technology
Data last updated
Revenue · FY 2024
₹4.05 Cr
▲ 230% YoY
Net loss · FY 2024
₹2.13 Lakh
Net margin -0.5%
EBITDA · FY 2024
-₹8,851
EBITDA margin 0%
Company age
5 yrs
Est. 2021
Directors on board
9
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting

About IIT Bhilai Innovation and Technology Foundation

Data last updated:

IIT Bhilai Innovation and Technology Foundation is a private not for profit company based in Raipur, Chhattisgarh, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 20 January 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U80902CT2021NPL011186.

It is led by directors including Santosh Biswas and Rajeev Shorey.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old Dhamtari Road Sejbahar Government Engineering College Campus, Raipur, Chhattisgarh, India – 492015.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.13 Lakh (net margin -0.5%) and EBITDA of -₹8,851 (EBITDA margin 0%).

For more details, the company can be reached via its website iitbhilai.ac.in.

Company details

CIN U80902CT2021NPL011186
Registration Number 011186
Incorporation Date 20 January 2021
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

IIT Bhilai Innovation and Technology Foundation's registered office is in Raipur, Chhattisgarh.

  • Social Media
  • Registered Address
    Old Dhamtari Road Sejbahar Government Engineering College Campus, Raipur, Chhattisgarh, India – 492015
  • Industry
    Information Technology, IT Infrastructure Management & Services
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Financials of IIT Bhilai Innovation and Technology Foundation

FY 2024 filings available

IIT Bhilai Innovation and Technology Foundation reported revenue of ₹4.05 Cr (up 230% YoY) for FY 2024.

Revenue · FY 2024
₹4.05 Cr ▲ 230%
Net loss · FY 2024
₹2.13 Lakh margin -0.5%
EBITDA · FY 2024
-₹8,851 margin 0%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 230%
EBITDA CAGR growth
1 year
▲ 98%

Revenue rose 230% in the latest year. EBITDA rose 98% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹8,851
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.13 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0%
Net Profit Margin-0.5%
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

To see the full financial statements and ratios of IIT Bhilai Innovation and Technology Foundation, buy the company report.

Board of directors and KMP of IIT Bhilai Innovation and Technology Foundation

IIT Bhilai Innovation and Technology Foundation currently reports 8 directors and 1 key managerial person. 1 former director has served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Santosh BiswasDirector20 Jan 20215 Years 9 MonthsCurrent
Rajeev ShoreyDirector25 May 20215 Years 5 MonthsCurrent
Barun GorainDirector25 May 20215 Years 5 MonthsCurrent
Gautam RamaniDirector25 May 20215 Years 5 MonthsCurrent
Souradyuti PaulDirector25 May 20215 Years 5 MonthsCurrent
Prashant AgnihotriDirector25 May 20215 Years 5 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

MSME payment delays

No delayed payments to MSME suppliers are on our record for IIT Bhilai Innovation and Technology Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for IIT Bhilai Innovation and Technology Foundation; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

IIT Bhilai Innovation and Technology Foundation has 11 board changes on record since 2021: 10 appointments and 1 cessation. The latest: Sumeet Gupta was appointed as Director on 30 Sep 2022.

AGM
Iit Bhilai Innovation And Technology Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Iit Bhilai Innovation And Technology Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Appointed
Sumeet Gupta was appointed as Director.
Ceased
Rajat Moona ceased to be Director.
Appointed
Rajiv Prakash was appointed as Director.
Appointed
Bulusu Krishna Murthy was appointed as CEO.
Appointed
Barun Gorain was appointed as Director.
Appointed
Gautam Ramani was appointed as Director.
Appointed
Prashant Agnihotri was appointed as Director.
Appointed
Rajeev Shorey was appointed as Director.
Appointed
Souradyuti Paul was appointed as Director.
Appointed
Rajat Moona was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

IIT Bhilai Innovation and Technology Foundation is an active private not for profit company based in Raipur, Chhattisgarh, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 20 January 2021 (5+ years old) and is registered under CIN U80902CT2021NPL011186.

IIT Bhilai Innovation and Technology Foundation has 9 current directors and KMP:

The latest financial statements of IIT Bhilai Innovation and Technology Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of IIT Bhilai Innovation and Technology Foundation is U80902CT2021NPL011186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

IIT Bhilai Innovation and Technology Foundation was incorporated on 20 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

Sumeet Gupta was appointed as Director on 30 Sep 2022. Rajat Moona ceased to be Director on 26 Sep 2022. Rajiv Prakash was appointed as Director on 24 Sep 2022. IIT Bhilai Innovation and Technology Foundation has 11 board changes on record in total.

IIT Bhilai Innovation and Technology Foundation can be reached through the website iitbhilai.ac.in. Its registered office is in Raipur, Chhattisgarh, India.

The registered office of IIT Bhilai Innovation and Technology Foundation is at Old Dhamtari Road Sejbahar Government Engineering College Campus, Raipur, Chhattisgarh, India – 492015.

IIT Bhilai Innovation and Technology Foundation operates in the information technology industry, in the IT infrastructure management and services segment.

IIT Bhilai Innovation and Technology Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Chhattisgarh.