Bits Connect Private Limited

Educational training, placement services, and consulting in various fields including management, language translation, IT, accounting, and taxation.

2012 | Pune, Maharashtra (India) | Inactive
Last Updated: April 22, 2024

Bits Connect Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 12 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -99.33%
  • Profit Growth 63.62%
  • Ebitda 66.61%
  • Net Worth -1.98%
  • Total Assets -33.32%

About Bits Connect

Bits Connect Private Limited (BCPL) is Strike Off company established on 25 Oct 2012 with its office registered at Pune, Maharashtra, India and has been running since 12 Year, 3 Months with a paid up capital of 0.30 M. According to MCA records, 2 Directors are linked to this company as of 22 Apr 2024.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U80302PN2012PTC145187

  • Company No.

    145187

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2012

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Education
Business Outsourcing

Who are the key members and board of directors at Bits Connect?

Board Members (2)

Name Designation Appointment Date Status
Sandeep Nulkar Country flag representing In Director 25-Oct-2012 Current
Rushikesh Atre Country flag representing In Director 25-Oct-2012 Current

Financial Performance of Bits Connect.

Bits Connect Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.33% decrease. The company also saw a substantial improvement in profitability, with a 63.62% increase in profit. The company's net worth dipped by a decrease of 1.98%.

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
-99.33%
Revenue from Operations
Total Assets
-33.32%
Profit or Loss
63.62%
Net Worth
-1.98%
EBITDA
66.61%

What is the Ownership and Shareholding Structure of Bits Connect?

In 2019, Bits Connect 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 Bits Connect?

Unlock and access historical data on people associated with Bits Connect, 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 Bits Connect, 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 Bits Connect'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 Bits Connect

Recent activity within the organization

  • Annual General Meeting

    Bits Connect Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Bits Connect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.

    31 Mar 2021

  • Director Appointment

    Sandeep Deepak Nulkar was appointed as a Director was appointed as a Director on 25 Oct 2012 & has been associated with this company since 12 years 3 months .

    25 Oct 2012

  • Director Appointment

    Rushikesh Pandurang Atre was appointed as a Director was appointed as a Director on 25 Oct 2012 & has been associated with this company since 12 years 3 months .

    25 Oct 2012

  • Company Incorporation

    Bits Connect Private Limited was registered on 25 Oct 2012 with Roc Pune & aged 12 years 3 months as per MCA records.

    25 Oct 2012

Frequently asked questions

  • Bits Connect Private Limited was incorporated on 25 Oct 2012.

  • The authorized share capital of Bits Connect Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Bits Connect Private Limited.

    • Sandeep Deepak Nulkar
    • Rushikesh Pandurang Atre
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bits Connect Private Limited is Nandadeep 1St Floor, 1238/5 Apte Road Deccan Gymkhan, Pune, Maharashtra, India, 411004.

  • The corporate identification number (CIN) of Bits Connect Private Limited is U80302PN2012PTC145187 and the company number is 145187 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bits Connect Private Limited is https://www.bitsindia.co.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Bits Connect Private Limited has fallen by -99.33%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Bits Connect Private Limited has experienced an downturn of -1.98%.

  • The most recent Balance Sheet for Bits Connect Private Limited was filed with the ROC on 31 Mar 2021.