Bcits Profile
Key Indicators
- Authorised Capital ₹ 9.95 Cr
as on 06-07-2024
- Paid Up Capital ₹ 9.00 Cr
as on 06-07-2024
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 348.50 Cr
as on 06-07-2024
- Satisfied Charges ₹ 35.36 Cr
as on 06-07-2024
- Revenue -17.24%
(FY 2023)
- Profit -16.43%
(FY 2023)
- Ebitda 9.96%
(FY 2023)
- Net Worth 12.75%
(FY 2023)
- Total Assets 19.62%
(FY 2023)
About Bcits
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 2023. 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 ₹348.50 Cr. The company has closed loans amounting to ₹35.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tummala Sridhar, Venkata Madala, and Rajshekhar Sipoy serve as directors at the Company.
- CIN/LLPIN
U70100KA1999PTC024820
- Company No.
024820
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Feb 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore North, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Bcits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Madala  | Managing Director | 01-Oct-2004 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tummala Sridhar | Whole-Time Director | 17-Aug-2004 | Current |
| Rajshekhar Sipoy | Director | 01-Apr-2009 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Xiota India Private LimitedActive 5 years 2 monthsTummala Sridhar and Venkata Madala are mutual person
Aurawin Solutions Private LimitedActive 4 months 19 daysTummala Sridhar and Venkata Madala are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 16 Sep 2023 | ₹62.00 Cr | Open |
Hdfc Bank Limited Creation Date: 15 Sep 2023 | ₹74.50 Cr | Open |
Others Creation Date: 23 May 2023 | ₹15.00 Cr | Open |
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.
Deals i
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
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
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.
