Bcits Private Limited

IT company providing services for automated meter reading, data analytics, and system integration.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated:

Bcits Profile

Key Indicators

  • Authorised Capital ₹ 9.95 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 417.45 Cr
  • Satisfied Charges ₹ 58.56 Cr
  • Revenue Growth -17.24%
  • Profit Growth -16.43%
  • Ebitda 9.96%
  • Net Worth 12.75%
  • Total Assets 19.62%

About Bcits

Bcits Private Limited (BPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 1999 and has a history of 26 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Bellary Computer It Solutions Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 9.95 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹417.45 Cr. The company has closed loans amounting to ₹58.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkata Madala, Tummala Sridhar, and Rajshekhar Sipoy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70100KA1999PTC024820

  • Company No.

    024820

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Bcits Private Limited offer?

Bcits Private Limited offers a wide range of products and services, including Computer and Networking Solutions, IT Infrastructure Solution, HR & Manpower Recruitment Solutions, Job Consultation Service, ERP Packages, School Management Software, School Software.

Company report

Bcits Private Limited

Explore comprehensive data for Bcits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bcits?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkata Madala Country flag representing In Managing Director01-Oct-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Tummala Sridhar Country flag representing In Whole-Time Director 17-Aug-2004Current
Rajshekhar Sipoy Country flag representing In Director 01-Apr-2009Current

Financial Performance of Bcits.

Bcits Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.24% decrease. The company also saw a substantial fall in profitability, with a 16.43% decrease in profit. The company's net worth Soared by an impressive increase of 12.75%.

Bcits revenue growth over time
Bcits profit and loss trends over time
  • 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
-17.24%
Revenue from Operations
-17.03%
Total Assets
19.62%
Profit or Loss
-16.43%
Net Worth
12.75%
EBITDA
9.96%

What is the Ownership and Shareholding Structure of Bcits?

In 2023, Bcits had a promoter holding of 82.16% and a public holding of 17.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹417.45 Cr

Satisfied Charges

₹58.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 204.80 Cr
  • Hdfc Bank Limited : 136.50 Cr
  • Axis Bank Limited : 34.65 Cr
  • Yes Bank Limited : 25.00 Cr
  • Tata Capital Financial Services Limited : 16.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2024Others₹15.00 CrOpen
25 Jun 2024Others₹9.00 CrOpen
29 Dec 2023Others₹9.00 CrOpen
16 Sep 2023Hdfc Bank Limited₹62.00 CrOpen
15 Sep 2023Hdfc Bank Limited₹74.50 CrOpen

How Many Employees Work at Bcits?

Bcits has a workforce of 1178 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Bcits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bcits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bcits's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Bcits

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 33.30 Cr registered on 20 Sep 2018 with Charge ID 100205723 was modified on 23 Dec 2024.

  • Charges

    A charge with Others of Rs. 54.75 Cr registered on 29 Sep 2020 with Charge ID 100378827 was modified on 21 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101008680 was registered on 27 Nov 2024.

  • Charges

    A charge with Others of Rs. 59.55 Cr registered on 11 Jun 2020 with Charge ID 100349450 was modified on 19 Nov 2024.

  • Annual General Meeting

    Bcits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 41.00 Cr registered on 23 May 2023 with Charge ID 100728047 was modified on 24 Sep 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Bcits Private Limited?

    Bcits Private Limited was incorporated on 25 Feb 1999.

  • What is authorized share capital and paid-up capital of Bcits Private Limited?

    The authorized share capital of Bcits Private Limited is ₹ 9.95 Cr and paid-up capital is ₹ 9.00 Cr.

  • Who are the current board members & directors of Bcits Private Limited?

    Currently 3 directors are associated with Bcits Private Limited.

    • Venkata Murali Krishna Madala
    • Tummala Sridhar
    • Rajshekhar Mahantappa Sipoy

  • What is the registered address of Bcits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bcits Private Limited is Vista Pixel Ff-501 5Th Floor Unit No-09A Byatarayanapura Bellary Main Road, Bangalore India, Bangalore North, Karnataka, 560092.

  • What is the corporate identification number (CIN) and company number of Bcits Private Limited?

    The corporate identification number (CIN) of Bcits Private Limited is U70100KA1999PTC024820 and the company number is 024820 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bcits Private Limited?

    The Official website of Bcits Private Limited is https://www.bcits.co.in

  • What has been the recent revenue trend for Bcits Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bcits Private Limited has fallen by -17.24%.

  • How many employees does Bcits Private Limited currently have?

    As Per 2023 financial reports, 1178 employees are currently employed by Bcits Private Limited.

  • What change has been observed in the net worth of Bcits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bcits Private Limited has experienced an upsurge of 12.75%.

  • What are the total open charges for Bcits Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bcits Private Limited amount to ₹ 417.45 Cr.

  • When was the last Balance Sheet of Bcits Private Limited filed with the ROC?

    The most recent Balance Sheet for Bcits Private Limited was filed with the ROC on 31 Mar 2024.

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