About Innobits Solutions Private Limited
Data last updated: 07 February 2026
Innobits Solutions Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of 99Bits Inc and recognised as a startup by DPIIT. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 16 November 2020, the company has been in operation for over 6 years.
Registered with ROC Bangalore under CIN U72900KA2020PTC141062.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.22 Lakh. It is led by directors Mahesh Nagaraju and Anuradha Gopalakrishna Bhat.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.41 Lakh, a decline of 97% compared to the previous year.
The company has a workforce of approximately 21 employees as per the latest available data. It operates as a subsidiary of 99Bits Inc.
The company is associated with 1 brand - Bitsila.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitsila.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressNo 11 Cabin No 4 3Rd Floor Sai Samruddhi, 11Th C Main Jayanagar 5Th Block Near Raghavendra Swamy Temple, Bangalore South, Karnataka, India – 560041
-
IndustryInformation Technology, Application Development & Software Solutions, SaaS (Software as a Service) Providers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Innobits Solutions Private Limited
Innobits Solutions Private Limited operates one associated brand: Bitsila. These brands represent Innobits Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cloud-based marketing suite solutions are provided to businesses. | bitsila.com |
Competitors & Alternatives of Innobits Solutions Private Limited
Brands and companies operating in the same space as Innobits Solutions Private Limited include HubSpot, Adobe, SEMrush and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
HubSpot
|
Provider of AI-powered customer relationship management software | Cambridge, United States, United States | 2005 |
Adobe
|
AI-powered platform manages marketing creatives and customer journeys. | San Jose, United States, United States | 1982 |
SEMrush
|
Cloud-based marketing platform for businesses | Boston, United States, United States | 2008 |
ActiveCampaign
|
Sales, CRM, and email marketing automation software is provided. | Chicago, United States, United States | 2003 |
LeadSquared
|
AI-driven CRM and marketing automation platform is provided by LeadSquared. | Bengaluru, India, India | 2011 |
Sprinklr
|
Cloud-based customer experience management software is provided for brands. | New York, United States, United States | 2009 |
6sense
|
Predictive intelligence is delivered for sales and marketing teams. | San Francisco, United States, United States | 2013 |
Integrate
|
Marketing campaigns are managed via a SaaS platform for professionals. | Phoenix, United States, United States | 2010 |
Meltwater
|
Cloud-based social media monitoring and analytics are offered for businesses. | San Francisco, United States, United States | 2001 |
Business Activity of Innobits Solutions Private Limited
Innobits Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | ********* |
Auditor Details of Innobits Solutions Private Limited
Innobits Solutions Private Limited is audited by MURALI AND SUMEET for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MURALI AND SUMEET | blur-value | blur-value | blur-value |
Board of Directors of Innobits Solutions Private Limited
Innobits Solutions Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mahesh Nagaraju
Also directs:
Bitla Media Works Llp, Mehrab Foods Private Limited, Genbite Technologies Private Limited and 3 more
|
Additional Director | 03 Feb 2024 | 2 Years 5 Months | Current |
|
Anuradha Gopalakrishna Bhat
Also directs:
Bitla Media Works Llp
|
Additional Director | 03 Feb 2024 | 2 Years 5 Months | Current |
Financials of Innobits Solutions Private Limited FY 2025 filings available
Innobits Solutions Private Limited reported revenue of ₹7.41 Lakh (down 97% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Innobits Solutions Private Limited
As of FY 2023, Innobits Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Innobits Solutions Private Limited
Innobits Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innobits Solutions Private Limited
Innobits Solutions Private Limited has a workforce of 21 employees as of Mar 27, 2024.
Employee Count & EPFO Data of Innobits Solutions Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Innobits Solutions Private Limited
GSTIN & GST Filing Data of Innobits Solutions Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Innobits Solutions Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Innobits Solutions Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Innobits Solutions Private Limited
MSME Payment Delays by Innobits Solutions Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Innobits Solutions Private Limited
Subsidiaries & Group Companies of Innobits Solutions Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Innobits Solutions Private Limited with ownership details.
MCA Filings & Documents of Innobits Solutions Private Limited
MCA Filings & Documents of Innobits Solutions Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Innobits Solutions Private Limited
Frequently Asked Questions about Innobits Solutions Private Limited
Innobits Solutions Private Limited is an active private limited company in the information technology sector based in Bangalore South, Karnataka, India. It was incorporated on 16 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC141062. The company has 21 employees.
Innobits Solutions Private Limited reported revenue of ₹7.41 Lakh for FY 2025 (down 97.00% YoY).
The current directors of Innobits Solutions Private Limited are:
The primary industry of Innobits Solutions Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Yes, Innobits Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Innobits Solutions Private Limited can be reached at the registered office: No 11 Cabin No 4 3Rd Floor Sai Samruddhi, 11Th C Main Jayanagar 5Th Block Near Raghavendra Swamy Temple, Bangalore South, Karnataka, India – 560041, or through the website bitsila.com.