Bit Software Solutions Private Limited

Founded in 2019 and headquartered in Andhra Pradesh, India.

2019 | Prakasam, Andhra Pradesh (India) | Active
Last Updated: December 10, 2024

Bit Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -86.67%
  • Profit Growth 13.94%
  • Ebitda 22.19%
  • Net Worth -300.36%
  • Total Assets -24.95%

About Bit Software Solutions

Bit Software Solutions Private Limited (BSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 November 2019 (Five years and three months 14 days old ). Its registered office is in Prakasam, Andhra Pradesh, 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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shaik Basha and Shaik Basha serve as directors at the Company.

Company Details

  • Location

    Prakasam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900AP2019PTC113359

  • Company No.

    113359

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 2019

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

Who are the key members and board of directors at Bit Software Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Shaik Basha Country flag representing In Director 14-Nov-2019Current
Shaik Basha Country flag representing In Director 14-Nov-2019Current

Financial Performance of Bit Software Solutions.

Bit Software Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 86.67% decrease. The company also saw a substantial improvement in profitability, with a 13.94% increase in profit. The company's net worth observed a substantial decline by a decrease of 300.36%.

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
-86.67%
Revenue from Operations
-86.67%
Total Assets
-24.95%
Profit or Loss
13.94%
Net Worth
-300.36%
EBITDA
22.19%

What is the Ownership and Shareholding Structure of Bit Software Solutions?

Unlock access to Bit Software Solutions'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 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 Bit Software Solutions?

Unlock and access historical data on people associated with Bit Software Solutions, 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 Bit Software Solutions, 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 Bit Software Solutions'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 Bit Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Bit Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Bit Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.

    31 Mar 2022

  • Director Appointment

    Shaik Aadil Thulla Basha was appointed as a Director was appointed as a Director on 14 Nov 2019 & has been associated with this company since 5 years 3 months .

    14 Nov 2019

  • Director Appointment

    Shaik Aheethulla Basha was appointed as a Director was appointed as a Director on 14 Nov 2019 & has been associated with this company since 5 years 3 months .

    14 Nov 2019

  • Company Incorporation

    Bit Software Solutions Private Limited was registered on 14 Nov 2019 with Roc Vijayawada & aged 5 years 3 months as per MCA records.

    14 Nov 2019

Frequently asked questions

  • Bit Software Solutions Private Limited was incorporated on 14 Nov 2019.

  • The authorized share capital of Bit Software Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Bit Software Solutions Private Limited.

    • Shaik Aadil Thulla Basha
    • Shaik Aheethulla Basha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bit Software Solutions Private Limited is 7B/8/3/2 Sowmya Apartments, India, Ongole, Andhra Pradesh, 523001.

  • The corporate identification number (CIN) of Bit Software Solutions Private Limited is U72900AP2019PTC113359 and the company number is 113359 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bit Software Solutions Private Limited has fallen by -86.67%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bit Software Solutions Private Limited has experienced an downturn of -300.36%.

  • The most recent Balance Sheet for Bit Software Solutions Private Limited was filed with the ROC on 31 Mar 2022.