Bitonic Technology Labs Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.49 M
- Company Age 9 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.31 Cr
- Revenue Growth 10.71%
- Profit Growth 53.11%
- Ebitda 54.32%
- Net Worth -31.64%
- Total Assets 75.48%
About Bitonic Technology Labs
Bitonic Technology Labs Private Limited (BTLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 January 2016 (Nine years and three months 5 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.49 M.
The company currently has active open charges totaling ₹3.31 Cr.
The Key Managerial Personnel (KMP) at Bitonic Technology Labs Private Limited India is Jay Sahal as CFO. Raghavendra Ravinutala, Jayakishore Gollareddy, and Gopal Agarwal 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
U72200KA2016PTC085486
- Company No.
085486
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jan 2016
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Bitonic Technology Labs Private Limited
Explore comprehensive data for Bitonic Technology Labs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Bitonic Technology Labs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jay Sahal | CFO | 01-Dec-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayakishore Gollareddy  | Director | 22-Jan-2016 | Current |
| Raghavendra Ravinutala | Director | 22-Jan-2016 | Current |
| Gopal Agarwal | Whole-Time Director | 17-Dec-2024 | Current |
Financial Performance of Bitonic Technology Labs.
Bitonic Technology Labs Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 10.71% increase. The company also saw a substantial improvement in profitability, with a 53.11% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bitonic Technology Labs?
In 2024, Bitonic Technology Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Acesurf It Labs Llp
Jayakishore Gollareddy is a mutual person
Charges (Loans)
Open Charges
₹33.10 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.51 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹8.00 M | Open |
| 28 Oct 2019 | Hdfc Bank Limited | ₹2.51 Cr | Open |
How Many Employees Work at Bitonic Technology Labs?
Bitonic Technology Labs has a workforce of 595 employees as of Apr 05, 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 Bitonic Technology Labs, 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 Bitonic Technology Labs'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.
Latest Updates, News, and FAQs on Bitonic Technology Labs
Recent activity within the organization
- Director Appointment
Gopal Agarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Dec 2024 & has been associated with this company since 4 months 10 days .
- Annual General Meeting
Bitonic Technology Labs Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Bitonic Technology Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 8.00 M with Charge ID 100846732 was registered on 18 Dec 2023.
- Director Appointment
Jay Prakash Sahal was appointed as a Cfo was appointed as a Cfo on 01 Dec 2020 & has been associated with this company since 4 years 4 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.10 M with Charge ID 100302853 was registered on 28 Oct 2019.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Bitonic Technology Labs Private Limited?
Bitonic Technology Labs Private Limited was incorporated on 22 Jan 2016.
What is authorized share capital and paid-up capital of Bitonic Technology Labs Private Limited?
The authorized share capital of Bitonic Technology Labs Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.49 M.
Who are the current board members & directors of Bitonic Technology Labs Private Limited?
Currently 4 directors are associated with Bitonic Technology Labs Private Limited.
- Jay Prakash Sahal
- Raghavendra Kumar Ravinutala
- Jayakishore Reddy Gollareddy
- Gopal Agarwal
What is the registered address of Bitonic Technology Labs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bitonic Technology Labs Private Limited is Site No 142 1St Cross Road, 5Th Block India, Bangalore South, Karnataka, 560034.
What is the corporate identification number (CIN) and company number of Bitonic Technology Labs Private Limited?
The corporate identification number (CIN) of Bitonic Technology Labs Private Limited is U72200KA2016PTC085486 and the company number is 085486 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bitonic Technology Labs Private Limited?
The Official website of Bitonic Technology Labs Private Limited is https://www.yellowmessenger.com
What has been the recent revenue trend for Bitonic Technology Labs Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Bitonic Technology Labs Private Limited has risen by 10.71%.
How many employees does Bitonic Technology Labs Private Limited currently have?
As Per 2024 financial reports, 595 employees are currently employed by Bitonic Technology Labs Private Limited.
What change has been observed in the net worth of Bitonic Technology Labs Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Bitonic Technology Labs Private Limited has experienced an downturn of -31.64%.
What are the total open charges for Bitonic Technology Labs Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Bitonic Technology Labs Private Limited amount to ₹ 3.31 Cr.
When was the last Balance Sheet of Bitonic Technology Labs Private Limited filed with the ROC?
The most recent Balance Sheet for Bitonic Technology Labs Private Limited was filed with the ROC on 31 Mar 2024.
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