Bits Limited

Provides education in various fields, including art, science, and business management through institutes and distance learning programs.

1992 | New Delhi (India) | Active
Last Updated: October 23, 2024

Bits Profile

Key Indicators

  • Authorised Capital ₹ 40.25 Cr
  • Paid Up Capital ₹ 22.38 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 11.30%
  • Profit Growth -95.80%
  • Ebitda -517.05%
  • Net Worth 0.05%
  • Total Assets 0.03%

About Bits

Bits Limited (BL) is a Public Limited Indian Non-Government Company incorporated in India on 27 November 1992 and has a history of 32 years and two months. Its registered office is in New Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526709.

The Company is engaged in the Education 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 40.25 Cr and a paid-up capital of Rs 22.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bits Limited India are Nidhi Parashar as CFO and Surendra Tangar as Company Secretary. Ankit Rathi, Omprakash Pathak, Rajni, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bitsltd.net.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L72200DL1992PLC241971

  • Company No.

    241971

  • Stock Symbol

    BSE : 526709

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1992

  • Date of AGM

    22 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Education

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nidhi Parashar CFO26-Feb-2024Current
Omprakash Pathak Country flag representing In Managing Director13-Aug-2013Current
Surendra Tangar Country flag representing In Company Secretary13-Aug-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Ankit Rathi Country flag representing In Director 01-Aug-2011Current
Rajni Director 29-Aug-2024Current
Rolita Gupta Director 29-Aug-2024Current

Financial Performance of Bits.

Bits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.3% increase. The company also saw a substantial fall in profitability, with a 95.8% decrease in profit. The company's net worth moved up by a moderate rise of 0.05%.

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
11.30%
Revenue from Operations
8.00%
Total Assets
0.03%
Profit or Loss
-95.80%
Net Worth
0.05%
EBITDA
-517.05%

What is the Ownership and Shareholding Structure of Bits?

In 2023, Bits had a promoter holding of 65.07% and a public holding of 34.93%. The company had 1 Associate company. 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?

Bits has a workforce of 9 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bits, 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'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

Recent activity within the organization

  • Annual General Meeting

    Bits Limited last Annual general meeting of members was held on 22 Sep 2024 as per latest MCA records.

    22 Sep 2024

  • Director Appointment

    Rajni was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 25 days .

    29 Aug 2024

  • Director Appointment

    Rolita Gupta was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 25 days .

    29 Aug 2024

  • Balance Sheet

    Bits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Nidhi Parashar was appointed as a Cfo was appointed as a Cfo on 26 Feb 2024 & has been associated with this company since 11 months 27 days .

    26 Feb 2024

  • Director Appointment

    Omprakash Ramashankar Pathak was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2013 & has been associated with this company since 11 years 6 months .

    13 Aug 2013

Frequently asked questions

  • Bits Limited was incorporated on 27 Nov 1992.

  • The authorized share capital of Bits Limited is ₹ 40.25 Cr and paid-up capital is ₹ 22.38 Cr.

  • Currently 6 directors are associated with Bits Limited.

    • Nidhi Parashar
    • Ankit Rathi
    • Omprakash Ramashankar Pathak
    • Rajni
    • Surendra Singh Tangar
    • Rolita Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bits Limited is 711 7Th Floor House 27 Barakhamba Road, India, New Delhi, 110001.

  • The corporate identification number (CIN) of Bits Limited is L72200DL1992PLC241971 and the company number is 241971 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bits Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Bits Limited is https://www.bitsltd.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bits Limited has risen by 11.30%.

  • As Per 2023 financial reports, 9 employees are currently employed by Bits Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bits Limited has experienced an upsurge of 0.05%.

  • The most recent Balance Sheet for Bits Limited was filed with the ROC on 31 Mar 2024.

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