About Socialbytes Technologies Private Limited
Data last updated:
Socialbytes Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC125322. Its GSTIN is 29ABCCS2313L1Z9 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹50,000. It is led by directors including Padma and Gurukiran T R Kamath.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.05 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹7.44 Lakh (net margin 3.6%) and EBITDA of ₹21.83 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Socialbytes Technologies.
For more details, the company can be reached via its website thesocialbytes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 5M – 671 M Square 3rd Floor 5th Main Road Ombr Layout Bda Layout Banaswadi Chan, Nasandra, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Socialbytes Technologies Private Limited
The main business activity of Socialbytes Technologies 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 | 62 | Computer programming, consultancy and related activities | 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 Socialbytes Technologies Private Limited FY 2024 filings available
Socialbytes Technologies Private Limited reported revenue of ₹2.05 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Socialbytes Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 74% over three years, including 40% growth 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 Socialbytes Technologies 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 | ₹21.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.44 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 Socialbytes Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Socialbytes Technologies are in the company report.
Financial statements from FY 2020
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 Socialbytes Technologies Private Limited
Socialbytes Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fastra Corporation Private Limited | ₹2.05 Cr (FY 2021) | •••• | •••• | 87.0% | •••• | Kukatpally Hyderabad, Telangana, India |
| Wavity Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Hyderabad, Telangana, India |
| Olympus Premedia Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
| BTP Technologies Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Flixir Solutions Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Socialbytes Technologies Private Limited this company | ₹2.05 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Innothoughts Systems Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Ashoka Today Technology Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Jaipur, Rajasthan, India |
| Barsol Technology Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Air Infotech Services Private Limited | ₹2.05 Cr (FY 2023) | •••• | •••• | -83.0% | •••• | Nagpur, Maharashtra, India |
| Progreva Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 148.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Socialbytes Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Socialbytes Technologies Private Limited
Socialbytes Technologies Private Limited is audited by SAMPANGIRAMARAGHAVENDRARAO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAMPANGIRAMARAGHAVENDRARAO | 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 Socialbytes Technologies Private Limited
Socialbytes Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma | Director | 18 Jun 2019 | 7 Years 3 Months | Current |
| Gurukiran T R Kamath | Director | 18 Jun 2019 | 7 Years 3 Months | Current |
| Narayanappa Shobha Girish | Director | 18 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Socialbytes Technologies 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 Socialbytes Technologies Private Limited
Socialbytes Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Socialbytes Technologies Private Limited
Socialbytes Technologies operates one associated brand: Socialbytes Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides tech services for social organizations to enhance program efficiency and impact. | thesocialbytes.com |
Employees and EPFO Compliance at Socialbytes Technologies Private Limited
Socialbytes Technologies Private Limited has a workforce of 22 employees as of Apr 08, 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 Socialbytes Technologies Private Limited
Socialbytes Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Gurukiran T R Kamath was appointed as Director on 18 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Socialbytes Technologies 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 Socialbytes Technologies 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 Socialbytes Technologies 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 Socialbytes Technologies Private Limited
Socialbytes Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS2313L1Z9 | Karnataka | Active | 14 Nov 2020 |
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 Socialbytes Technologies 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 Socialbytes Technologies Private Limited
Socialbytes Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 June 2019 (7+ years old) and is registered under CIN U72900KA2019PTC125322.
Socialbytes Technologies reported revenue of ₹2.05 Cr for FY 2024 (up 40% YoY).
Socialbytes Technologies has 3 current directors:
- Padma - Director
- Gurukiran T R Kamath - Director
- Narayanappa Shobha Girish - Director
Socialbytes Technologies reported a net profit of ₹7.44 Lakh (net margin 3.6%) and EBITDA of ₹21.83 Lakh (EBITDA margin 10.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Socialbytes Technologies is 74% over three years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Socialbytes Technologies is 29ABCCS2313L1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Socialbytes Technologies is U72900KA2019PTC125322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Socialbytes Technologies was incorporated on 18 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Socialbytes Technologies by revenue are Fastra Corporation Private Limited, Wavity Private Limited, Olympus Premedia Private Limited, BTP Technologies Private Limited, Flixir Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Gurukiran T R Kamath was appointed as Director on 18 Jun 2019. Narayanappa Shobha Girish was appointed as Director on 18 Jun 2019. Padma was appointed as Director on 18 Jun 2019.
Socialbytes Technologies can be reached through the website thesocialbytes.com. Its registered office is in Bangalore, Karnataka, India.