Best It Technologies Private Limited

Founded in 2015 and headquartered in Tamil Nadu, India.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 22, 2024

Best It Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -99.76%
  • Profit Growth -790.63%
  • Ebitda -390.81%
  • Net Worth -73.34%
  • Total Assets -64.51%

About Best It Technologies

Best It Technologies Private Limited (BITPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 01 June 2015 (Nine years and eight months 17 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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 2019. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Perumapalayam Palanisamy and Ramasamy Seenivasan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bestitexperts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2015FTC100761

  • Company No.

    100761

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    01 Jun 2015

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Best It Technologies?

Board Members (2)

Name Designation Appointment Date Status
Perumapalayam Palanisamy Country flag representing In Director 01-Jun-2015 Current
Ramasamy Seenivasan Country flag representing In Director 02-Aug-2017 Current

Financial Performance of Best It Technologies.

Best It Technologies Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.76% decrease. The company also saw a substantial fall in profitability, with a 790.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.34%.

Graph illustrating revenue growth over time
Graph showing 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
-99.76%
Revenue from Operations
Total Assets
-64.51%
Profit or Loss
-790.63%
Net Worth
-73.34%
EBITDA
-390.81%

What is the Ownership and Shareholding Structure of Best It Technologies?

In 2018, Best It Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Best It Technologies?

Unlock and access historical data on people associated with Best It Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best It Technologies, 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 Best It Technologies'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 Best It Technologies

Recent activity within the organization

  • Annual General Meeting

    Best It Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Best It Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Director Appointment

    Ramasamy Seenivasan was appointed as a Director was appointed as a Director on 02 Aug 2017 & has been associated with this company since 7 years 6 months .

    02 Aug 2017

  • Director Appointment

    Perumapalayam Rasa Gounder Palanisamy was appointed as a Director was appointed as a Director on 01 Jun 2015 & has been associated with this company since 9 years 8 months .

    01 Jun 2015

  • Company Incorporation

    Best It Technologies Private Limited was registered on 01 Jun 2015 with Roc Chennai & aged 9 years 8 months as per MCA records.

    01 Jun 2015

Frequently asked questions

  • Best It Technologies Private Limited was incorporated on 01 Jun 2015.

  • The authorized share capital of Best It Technologies Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Best It Technologies Private Limited.

    • Perumapalayam Rasa Gounder Palanisamy
    • Ramasamy Seenivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best It Technologies Private Limited is Plot No. 2207 Af Block 7Th Street 11Th Main Road, Anna Nagar West India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Best It Technologies Private Limited is U72900TN2015FTC100761 and the company number is 100761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best It Technologies Private Limited is https://www.bestitexperts.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Best It Technologies Private Limited has fallen by -99.76%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Best It Technologies Private Limited has experienced an downturn of -73.34%.

  • The most recent Balance Sheet for Best It Technologies Private Limited was filed with the ROC on 31 Mar 2019.

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