
About IIT Bhilai Innovation and Technology Foundation
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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
Contact details
IIT Bhilai Innovation and Technology Foundation's registered office is in Raipur, Chhattisgarh.
- Social Media
- Registered AddressOld Dhamtari Road Sejbahar Government Engineering College Campus, Raipur, Chhattisgarh, India – 492015
- IndustryInformation Technology, IT Infrastructure Management & Services
- 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
Financials of IIT Bhilai Innovation and Technology Foundation
FY 2024 filings availableIIT Bhilai Innovation and Technology Foundation reported revenue of ₹4.05 Cr (up 230% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
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| EBITDA | -₹8,851 | |||
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| Net Profit (PAT) | -₹2.13 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0% | |||
| Net Profit Margin | -0.5% | |||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Biswas | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Rajeev Shorey Also directs: Chisquare Analytics Private Limited | Director | 25 May 2021 | 5 Years 5 Months | Current |
| Barun Gorain | Director | 25 May 2021 | 5 Years 5 Months | Current |
| Gautam Ramani | Director | 25 May 2021 | 5 Years 5 Months | Current |
| Souradyuti Paul Also directs: Sapio Bcommerce Solutions Private Limited | Director | 25 May 2021 | 5 Years 5 Months | Current |
| Prashant Agnihotri | Director | 25 May 2021 | 5 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving IIT Bhilai Innovation and Technology Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
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:
- Santosh Biswas - Director
- Rajeev Shorey - Director
- Barun Gorain - Director
- Gautam Ramani - Director
- Souradyuti Paul - Director
- Prashant Agnihotri - Director
- Rajiv Prakash - Director
- Sumeet Gupta - Director
- Bulusu Krishna Murthy - Ceo
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.

