Thingbits Electronics Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 2011.
2011 Mumbai, Maharashtra, India Active
Last Updated:
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About Thingbits Electronics Private Limited

Thingbits Electronics Private Limited, a active private limited company, was established on 01 July 2011 in Mumbai, Maharashtra, India. Engaging in it products retail & distribution within the manufacturing sector, it holds CIN: U72900MH2011PTC219328. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Propulence Systems Private Limited. It upholds a compliant status. Its leadership includes Sagar Vikas Bonde (Additional Director), Swakit Ulhas Rane (Director), Viraj Ramkrishna Chaudhari (Director). It holds ₹1.84 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 9A/701 Neelam Nagar, Phase 2, Gavanpada Mulund East, Palmacre, Mumbai, Maharashtra, 400081.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72900MH2011PTC219328

  • Registration Number

    219328

  • Incorporation Date

    01 July 2011

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.84 Cr
  • Revenue Growth **** -56.42%
  • Profit Growth **** -58.21%
  • Ebitda **** 168.96%
  • Net Worth 28.51%
  • Total Assets -62.15%
Company report

Thingbits Electronics Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Thingbits Electronics Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Thingbits Electronics Private Limited?
Current Directors
Name Designation Appointment Date Status
Sagar Vikas Bonde Additional Director 04 Feb 2019 Current
Swakit Ulhas Rane Director 01 Jul 2011 Current
Viraj Ramkrishna Chaudhari Director 01 Jul 2011 Current

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Financial Performance of Thingbits Electronics.

Thingbits Electronics Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 56.42% decrease. The company also saw a substantial fall in profitability, with a 58.21% decrease in profit. The company's net worth Soared by an impressive increase of 28.51%.

Thingbits Electronics revenue growth over time
Thingbits Electronics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -56.42%
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*******
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Revenue from Operations
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 -56.42%
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*******
*******
Total Assets
*******
 -62.15%
*******
*******
*******
*******
Profit or Loss
*******
 -58.21%
*******
*******
*******
*******
Net Worth
*******
 28.51%
*******
*******
*******
*******
EBITDA
*******
 168.96%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Thingbits Electronics?

Unlock access to Thingbits Electronics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹18,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 1.84 Cr
Latest Charge Details
Date Lender Amount Status
29 Aug 2023 Others ₹1.84 Cr Open

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How Many Employees Work at Thingbits Electronics?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Thingbits Electronics
Recent Activity within the Organization
  • Annual General Meeting

    The activity Thingbits Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Thingbits Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 18.40 M with Charge ID 100799215 was registered on 29 Aug 2023. was documented.

  • Director Appointment

    Sagar Vikas Bonde was appointed as a Additional Director was appointed as a Additional Director on 04 Feb 2019 & has been associated with this company since 7 years 1 day . was recorded as a recent event.

  • Director Appointment

    Progress on Swakit Ulhas Rane was appointed as a Director was appointed as a Director on 01 Jul 2011 & has been associated with this company since 14 years 7 months . was documented.

  • Director Appointment

    Viraj Ramkrishna Chaudhari was appointed as a Director was appointed as a Director on 01 Jul 2011 & has been associated with this company since 14 years 7 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Thingbits Electronics Private Limited?

The CIN of Thingbits Electronics Private Limited is U72900MH2011PTC219328.

Where is Thingbits Electronics Private Limited headquartered?

Thingbits Electronics Private Limited is headquartered at 9A/701 Neelam Nagar, Phase 2, Gavanpada Mulund East, Palmacre, Mumbai, Maharashtra, 400081.

When was Thingbits Electronics Private Limited incorporated?

Thingbits Electronics Private Limited was incorporated on 01 July 2011.

Who are the current directors of Thingbits Electronics Private Limited?

The current directors of Thingbits Electronics Private Limited are

What is the primary industry of Thingbits Electronics Private Limited?

The primary industry of Thingbits Electronics Private Limited is Manufacturing.

Is Thingbits Electronics Private Limited a listed company?

Thingbits Electronics Private Limited is unlisted.

What is the capital structure of Thingbits Electronics Private Limited?

The authorized capital of Thingbits Electronics Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Thingbits Electronics Private Limited?

The compliance status of Thingbits Electronics Private Limited is Compliant.

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