About Itsy Bitsy Private Limited
Data last updated:
Itsy Bitsy Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 22 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21000KA2013PTC067621. Its GSTIN is 29AADCI1676G1ZF (Karnataka). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Rashmi Harish Closepet and Harish Ramarao Closepet.
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 No.52 9th Main Road 30th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.29 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹3.75 Cr (net margin -8.9%) and EBITDA of -₹2.15 Cr (EBITDA margin -5.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 307 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Itsy Bitsy. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹6.12 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itsybitsy.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.52 9th Main Road 30th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Itsy Bitsy Private Limited
The main business activity of Itsy Bitsy is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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.
Financials of Itsy Bitsy Private Limited FY 2024 filings available
Itsy Bitsy Private Limited reported revenue of ₹42.29 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Itsy Bitsy Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth in the latest year. EBITDA rose 44% 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 Itsy Bitsy Private Limited
| Metrics | FY 2023-24 | 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 | -₹2.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.75 Cr | •••• | •••• | •••• | •••• |
| 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 Itsy Bitsy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.9% | •••• | •••• | •••• | •••• |
| 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 Itsy Bitsy are in the company report.
Financial statements from 2015
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.
Peer Comparison of Itsy Bitsy Private Limited
Itsy Bitsy Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedalex World Class Products Private Limited | ₹44.17 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Jaipur, Rajasthan, India |
| Shoptimize India Private Limited | ₹43.55 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Pune, Maharashtra, India |
| Join Flora Private Limited | ₹43.49 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Thane, Maharashtra, India |
| I3 Gifting Solution Private Limited | ₹43.3 Cr (FY 2017) | •••• | •••• | 76.0% | •••• | Mumbai, Maharashtra, India |
| Marc Loire Fashions Limited | ₹42.46 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Itsy Bitsy Private Limited this company | ₹42.29 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Best Marine Private Limited | ₹41.24 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Dealberg Technologies Private Limited | ₹41.04 Cr (FY 2024) | •••• | •••• | 100.0% | •••• | Bangalore, Karnataka, India |
| Alibaba.Com India E-Commerce Private Limited | ₹40.93 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Win the Buy Box Private Limited | ₹40.89 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Hyderabad, Telangana, India |
| Jagdushah International Private Limited | ₹40.65 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gujarat, India |
Peers are the five companies nearest above and the five nearest below Itsy Bitsy by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Itsy Bitsy Private Limited
Itsy Bitsy Private Limited is audited by JAIRAM E S for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIRAM E S | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Itsy Bitsy Private Limited
Itsy Bitsy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Harish Closepet Also directs: Aec Offshore Trading Private Limited | Director | 22 Jan 2013 | 13 Years 8 Months | Current |
| Harish Ramarao Closepet Also directs: Aec Offshore Trading Private Limited | Director | 22 Jan 2013 | 13 Years 8 Months | Current |
Ownership and Shareholding of Itsy Bitsy 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 Itsy Bitsy Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2022 | Others | ₹2 Cr | Open |
| 12 Jul 2022 | Others | ₹2.5 Cr | Satisfied |
| 05 Oct 2021 | Others | ₹1 Cr | Satisfied |
| 30 Nov 2020 | Others | ₹69 Lakh | Satisfied |
| 29 Aug 2020 | Others | ₹33.73 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Itsy Bitsy Private Limited
Itsy Bitsy Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ms Construction Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Itsy Bitsy Private Limited
Itsy Bitsy operates one associated brand: Itsy Bitsy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Itsy Bitsy is recognized as India's trusted art, craft, and hobby megastore. | itsybitsy.in |
Employees and EPFO Compliance at Itsy Bitsy Private Limited
Itsy Bitsy Private Limited has a workforce of 307 employees as of Apr 10, 2024.
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.
Recent Activity on Itsy Bitsy Private Limited
Itsy Bitsy Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Harish Ramarao Closepet was appointed as Director on 22 Jan 2013.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Itsy Bitsy 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 Itsy Bitsy 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 Itsy Bitsy 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.
GST Compliance of Itsy Bitsy Private Limited
Itsy Bitsy has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI1676G1ZF | Karnataka | Active | 01 Jul 2017 |
| 07AADCI1676G1ZL | Delhi | Active | 01 Jul 2017 |
| 27AADCI1676G1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 30AADCI1676G2ZV | Goa | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Itsy Bitsy 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.
Frequently Asked Questions about Itsy Bitsy Private Limited
Itsy Bitsy is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 22 January 2013 (13+ years old) and is registered under CIN U21000KA2013PTC067621.
Itsy Bitsy reported revenue of ₹42.29 Cr for FY 2024 (up 7% YoY).
Itsy Bitsy has 2 current directors:
- Rashmi Harish Closepet - Director
- Harish Ramarao Closepet - Director
Itsy Bitsy reported a net loss of ₹3.75 Cr (net margin -8.9%) and EBITDA of -₹2.15 Cr (EBITDA margin -5.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Itsy Bitsy is 10% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Itsy Bitsy is 29AADCI1676G1ZF, registered in Karnataka. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 07AADCI1676G1ZL (Delhi), 27AADCI1676G1ZJ (Maharashtra), 30AADCI1676G2ZV (Goa).
The CIN (Corporate Identification Number) of Itsy Bitsy is U21000KA2013PTC067621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itsy Bitsy has 1 court case on record: 1 filed against it.
Itsy Bitsy was incorporated on 22 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Itsy Bitsy by revenue are Vedalex World Class Products Private Limited, Shoptimize India Private Limited, Join Flora Private Limited, I3 Gifting Solution Private Limited, Marc Loire Fashions Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Harish Ramarao Closepet was appointed as Director on 22 Jan 2013. Rashmi Harish Closepet was appointed as Director on 22 Jan 2013.