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Initbit Technologies Private Limited - Company Profile

It is a information technology private limited company based in Pune, Maharashtra, India, established in 2017.

2017 | Pune, Maharashtra, India | Active
Last Updated:

About Initbit Technologies Private Limited

Initbit Technologies Private Limited, a active private limited company, was established on 21 December 2017 in Pune, Maharashtra, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U74999PN2017PTC173962. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Raunak Kumar (Director), Ary Vashist (Director). Past directors included Rajni Kant Jha, Ary Vashist. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No 101, C-Wing, Adora Society Vinode Vasti, Wakad,, Pune, Maharashtra, 411057.

Company Details

  • CIN/LLPIN

    U74999PN2017PTC173962

  • Registration Number

    173962

  • Incorporation Date

    21 December 2017

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 87.63%
  • Profit Growth -94.17%
  • Ebitda 273.77%
  • Net Worth 3.96%
  • Total Assets 178.28%
Company report

Initbit Technologies Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Initbit Technologies 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 Initbit Technologies Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Raunak KumarDirector21 Dec 2017Current
Ary VashistDirector22 May 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector08 Apr 2021Past
Pramod AbcsddAdditional Director30 Sep 2019Past

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Financial Performance of Initbit Technologies.

Initbit Technologies Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 87.63% increase. The company also saw a substantial fall in profitability, with a 94.17% decrease in profit. The company's net worth moved up by a moderate rise of 3.96%.

Initbit Technologies revenue growth over time
Initbit Technologies 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
87.63%
Revenue from Operations
87.63%
Total Assets
178.28%
Profit or Loss
-94.17%
Net Worth
3.96%
EBITDA
273.77%

What is the Ownership and Shareholding Structure of Initbit Technologies?

In 2018, Initbit Technologies had a promoter holding of 100.00%. 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)

There are no open charges registered against the company as per our records.

How Many Employees Work at Initbit Technologies?

Unlock and access historical data on people associated with Initbit Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Initbit Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Initbit Technologies, 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 Initbit Technologies's trajectory.

Rating

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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 Initbit Technologies

Recent Activity within the Organization

  • Annual General Meeting

    The activity Initbit Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Initbit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

  • Director Appointment

    The activity Ary Vashist was appointed as a Director was appointed as a Director on 22 May 2019 & has been associated with this company since 6 years 6 months . was completed.

  • Director Appointment

    The activity Raunak Kumar was appointed as a Director was appointed as a Director on 21 Dec 2017 & has been associated with this company since 7 years 11 months . was completed.

  • Company Incorporation

    The activity Initbit Technologies Private Limited was registered on 21 Dec 2017 with Roc Pune & aged 7 years 11 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Initbit Technologies Private Limited?

    The CIN of Initbit Technologies Private Limited is U74999PN2017PTC173962.

  • Where is Initbit Technologies Private Limited headquartered?

    Initbit Technologies Private Limited is headquartered at Office No 101, C-Wing, Adora Society Vinode Vasti, Wakad,, Pune, Maharashtra, 411057.

  • When was Initbit Technologies Private Limited incorporated?

    Initbit Technologies Private Limited was incorporated on 21 December 2017.

  • Who are the current directors of Initbit Technologies Private Limited?

    The current directors of Initbit Technologies Private Limited are

  • What is the primary industry of Initbit Technologies Private Limited?

    The primary industry of Initbit Technologies Private Limited is Information And Communication.

  • Is Initbit Technologies Private Limited a listed company?

    Initbit Technologies Private Limited is unlisted.

  • What is the capital structure of Initbit Technologies Private Limited?

    The authorized capital of Initbit Technologies Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Initbit Technologies Private Limited?

    The compliance status of Initbit Technologies Private Limited is Compliant.

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