Optimized Bits Technologies Private Limited

Optimized Bits Technologies Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U74900KA2015PTC078152 Incorporated 07 January 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
4
As per MCA filings
GST registrations
1
None active
Brands
1
Associated brands
Last financials
Mar 2017
Balance sheet date
Last AGM
02 Sep 2017
Annual general meeting

About Optimized Bits Technologies Private Limited

Data last updated:

Optimized Bits Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 07 January 2015.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC078152. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Gaurav Mangla (Managing Director) and Ankit Kaushik.

Its last annual general meeting (AGM) was held on 02 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Flat No. 105 No. 1616 & 1617 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.

The company was associated with 1 brand: OptimizedBits. The company has 1 deal on record (1 acquisition); the latest was in May 2015. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 3 smaller; the largest is Erreichen Private Limited with revenue of ₹3.33 Lakh.

The last known website on record is optimizedbits.com.

Company details

CIN U74900KA2015PTC078152
Registration Number 078152
Incorporation Date 07 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 02 September 2017
Date of Balance Sheet 31 March 2017

Contact details

Optimized Bits Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is optimizedbits.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. 105 No. 1616 & 1617 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
  • Industry
    Information Technology, Consultancy, Computer Programming

To see the full contact details of Optimized Bits Technologies Private Limited, buy the company report.

Comprehensive company report
Optimized Bits Technologies Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Optimized Bits Technologies operates one associated brand: OptimizedBits. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-hosted recruitment tools are offered for companies and students.optimizedbits.com

Business activity

The main business activity of Optimized Bits Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Optimized Bits Technologies Private Limited, buy the company report.

Financials of Optimized Bits Technologies Private Limited

FY 2017 filings available

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
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Profit Before Tax
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Net Profit (PAT)
Balance Sheet
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Reserves and Surplus
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Long-term Borrowings
Short-term Borrowings
Trade Payables
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Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
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Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
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Net Profit Growth

To see the full financial statements and ratios of Optimized Bits Technologies Private Limited, buy the company report.

Board of directors of Optimized Bits Technologies Private Limited

Optimized Bits Technologies has 4 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ankit KaushikDirector07 Jan 201511 Years 10 MonthsAs last reported
Rohan PhogatDirector07 Jan 201511 Years 10 MonthsAs last reported
Gaurav ManglaManaging Director07 Jan 201511 Years 10 MonthsAs last reported
Vaibhav DeshwalDirector07 Jan 201511 Years 10 MonthsAs last reported

Peer comparison

Optimized Bits Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Erreichen Private Limited₹3.33 Lakh (FY 2018)Bangalore, Karnataka, India
Ready2 IT Solution Private Limited₹3.33 Lakh (FY 2021)Jaipur, Rajasthan, India
Times Partner Services Private Limited₹3.32 Lakh (FY 2018)-61.0%Chennai, Tamil Nadu, India
Zealstr Technologies Private Limited₹3.32 Lakh (FY 2025)70.0%Krishnagiri, Tamil Nadu, India
Business Collaboration Technologies Private Limited₹3.32 Lakh (FY 2015)-17.0%Pune, Maharashtra, India
Businessaura.Com Private Limited₹3.32 Lakh (FY 2025)562.0%Ludhiana, Punjab, India
Codevue Private Limited₹3.31 Lakh (FY 2024)35.0%Faridabad, Haryana, India
White Bean Technologies Private Limited₹3.31 Lakh (FY 2025)572.0%Hyderabad, Telangana, India

To see the full peer comparison of Optimized Bits Technologies Private Limited, buy the company report.

Auditor

Optimized Bits Technologies Private Limited is audited by GARG SHEKHAR & COMPANY for the financial year 2017.

Auditor firmFinancial yearFirm registration number
GARG SHEKHAR & COMPANYFY 2017026574N

Shareholding

The shareholding of Optimized Bits Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Optimized Bits Technologies Private Limited, buy the company report.

Deals & funding

Optimized Bits Technologies Private Limited has 1 deal on record (1 acquisition); the latest was in May 2015.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
May 2015AcquisitionUndisclosedBuyer: Zobtree Ventures Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Optimized Bits Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Optimized Bits Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Optimized Bits Technologies Private Limited, buy the company report.

Recent activity

Optimized Bits Technologies Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Ankit Kaushik was appointed as Director on 07 Jan 2015.

AGM
Optimized Bits Technologies Private Limited last Annual general meeting of members was held on 02 Sep 2017 as per latest MCA records.
Filing
Optimized Bits Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Appointed
Ankit Kaushik was appointed as Director.
Appointed
Gaurav Mangla was appointed as Managing Director.
Appointed
Rohan Phogat was appointed as Director.
Appointed
Vaibhav Deshwal was appointed as Director.
Incorporation
07 Jan 2015
Optimized Bits Technologies Private Limited was registered on 07 Jan 2015 with Roc Bangalore & aged 11 years 10 months as per MCA records.

Frequently asked questions

Optimized Bits Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Optimized Bits Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in consultancy, within the information technology industry. It was incorporated on 07 January 2015 and is registered under CIN U74900KA2015PTC078152. The company has been struck off by the Registrar of Companies and is no longer operational.

Optimized Bits Technologies had 4 directors:

The CIN (Corporate Identification Number) of Optimized Bits Technologies is U74900KA2015PTC078152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Optimized Bits Technologies is at Flat No. 105 No. 1616 & 1617 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.

Optimized Bits Technologies was incorporated on 07 January 2015. It is registered with the Registrar of Companies, Bangalore.

Optimized Bits Technologies can be reached through the website optimizedbits.com. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Optimized Bits Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 02 September 2017. Year-wise statements from 2015 are in the company report.

No. Optimized Bits Technologies has 1 GST registration on record and it is cancelled or inactive.

Optimized Bits Technologies operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.

Optimized Bits Technologies has 1 deal on record (1 acquisition); the latest was in May 2015.