MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0163328
Sbits Technology Private Limited
Sbits Technology Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.5 Lakh
▼ 54% YoY
Net loss · FY 2023
₹7.7 Lakh
Net margin -118.4%
EBITDA · FY 2023
-₹7.49 Lakh
EBITDA margin -115.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sbits Technology Private Limited
Data last updated:
Sbits Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC338003. Its GSTIN is 27ABDCS4728C1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tarique Nadeem Mohammed Nasim and Shaheen Niyaz Khatri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sh No.17 Sanghavi Complex Elegant Chs Ltd Phase – 1 Near Ganga Complex Mira Road, Mumbai, Maharashtra, India – 401107.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.5 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹7.7 Lakh (net margin -118.4%) and EBITDA of -₹7.49 Lakh (EBITDA margin -115.3%).
Sbits Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0163328).
Company Details of Sbits Technology Private Limited
CIN U72900MH2020PTC338003
Registration Number 338003
Incorporation Date 19 February 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0163328
Recognitions & Rankings of Sbits Technology
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSh No.17 Sanghavi Complex Elegant Chs Ltd Phase – 1 Near Ganga Complex Mira Road, Mumbai, Maharashtra, India – 401107
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
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Business Activity of Sbits Technology Private Limited
The main business activity of Sbits Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Sbits Technology Private Limited FY 2023 filings available
Sbits Technology Private Limited reported revenue of ₹6.5 Lakh (down 54% YoY) for FY 2023.
Revenue · FY 2023
₹6.5 Lakh ▼ 54%
Net loss · FY 2023
₹7.7 Lakh margin -118.4%
EBITDA · FY 2023
-₹7.49 Lakh margin -115.3%
Compounded Annual Growth Rate (CAGR) of Sbits Technology Private Limited
Revenue CAGR growth
1 year
▼ 54%
Revenue fell 54% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sbits Technology Private Limited
| Metrics | 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 | -₹7.49 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.7 Lakh | •••• | •••• | •••• |
| 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 Sbits Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -115.3% | •••• | •••• | •••• |
| Net Profit Margin | -118.4% | •••• | •••• | •••• |
| 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 Sbits Technology are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Sbits Technology Private Limited
Sbits Technology has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarique Nadeem Mohammed Nasim Also directs: Wasay Educational Foundation | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
| Shaheen Niyaz Khatri Also directs: Wasay Educational Foundation | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
Peer Comparison of Sbits Technology Private Limited
Sbits Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mr IT Compusoft Private Limited | ₹6.6 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Aimzo Technologies Private Limited | ₹6.57 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Gurugram, Haryana, India |
| Luxebrand Makers Private Limited | ₹6.57 Lakh (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Agra Agencies Private Limited | ₹6.56 Lakh (FY 2024) | •••• | •••• | 909.0% | •••• | Uttara Pradesh, Uttar Pradesh, India |
| Creature Technologies Private Limited | ₹6.54 Lakh (FY 2018) | •••• | •••• | 160.0% | •••• | Chennai, Tamil Nadu, India |
| Sbits Technology Private Limited this company | ₹6.5 Lakh (FY 2023) | •••• | •••• | -54.0% | •••• | Mumbai, Maharashtra, India |
| Himadri Webtech Private Limited | ₹6.48 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Kolkata, West Bengal, India |
| Brilliant Edge Systems and Technologies Private Limited | ₹6.44 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Noida, Uttar Pradesh, India |
| Power Track Technology Private Limited | ₹6.4 Lakh (FY 2023) | •••• | •••• | -73.0% | •••• | Chennai, Tamil Nadu, India |
| K-Bros Telesoft Private Limited | ₹6.4 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Venable Management Services Private Limited | ₹6.37 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Sbits Technology by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Sbits Technology Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Sbits Technology Private Limited
Sbits Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sbits Technology Private Limited
Employment history and EPFO contributions of people linked to Sbits Technology.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Sbits Technology Private Limited
Sbits Technology Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Shaheen Niyaz Khatri was appointed as Director on 19 Feb 2020.
AGM
Sbits Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sbits Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Shaheen Niyaz Khatri was appointed as Director.
Appointed
Tarique Nadeem Mohammed Nasim was appointed as Director.
Incorporation
19 Feb 2020
Sbits Technology Private Limited was registered on 19 Feb 2020 with Roc Mumbai & aged 6 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Sbits Technology Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Sbits Technology Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Sbits Technology Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Sbits Technology Private Limited
Sbits Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS4728C1ZG | Maharashtra | Active | 20 Jun 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Sbits Technology Private Limited
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Frequently Asked Questions about Sbits Technology Private Limited
Sbits Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 February 2020 (6+ years old) and is registered under CIN U72900MH2020PTC338003.
Sbits Technology reported revenue of ₹6.5 Lakh for FY 2023 (down 54% YoY).
Sbits Technology has 2 current directors:
- Tarique Nadeem Mohammed Nasim - Director
- Shaheen Niyaz Khatri - Director
Sbits Technology reported a net loss of ₹7.7 Lakh (net margin -118.4%) and EBITDA of -₹7.49 Lakh (EBITDA margin -115.3%) for FY 2023, as per its filed financial statements.
The GSTIN of Sbits Technology is 27ABDCS4728C1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sbits Technology is U72900MH2020PTC338003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sbits Technology was incorporated on 19 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sbits Technology by revenue are Mr IT Compusoft Private Limited, Aimzo Technologies Private Limited, Luxebrand Makers Private Limited, Agra Agencies Private Limited, Creature Technologies Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Shaheen Niyaz Khatri was appointed as Director on 19 Feb 2020. Tarique Nadeem Mohammed Nasim was appointed as Director on 19 Feb 2020.
Yes, Sbits Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0163328).
The registered office of Sbits Technology is at Sh No.17 Sanghavi Complex Elegant Chs Ltd Phase – 1 Near Ganga Complex Mira Road, Mumbai, Maharashtra, India – 401107.