Bits Tact Infotech Private Limited

Provides computer hardware installation consultancy and trades computers, peripherals, parts, and PVC profiles.

1988 | Kozhikode, Kerala (India) | Active
Last Updated: January 05, 2025

Bits Tact Infotech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.30 M
  • Satisfied Charges ₹ 0.35 M
  • Revenue Growth -13.14%
  • Profit Growth -106.60%
  • Ebitda -121.62%
  • Net Worth -0.15%
  • Total Assets -21.79%

About Bits Tact Infotech

Bits Tact Infotech Private Limited (BTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 1988 and has a history of 36 years and four months. Its registered office is in Kozhikode, Kerala, India.

The Corporate was formerly known as Talent Academy Of Computer Technology Pvt Ltd. 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 1.00 M.

The company currently has active open charges totaling ₹5.30 M. The company has closed loans amounting to ₹0.35 M, as per Ministry of Corporate Affairs (MCA) records.

Lekha Varghese, Pratheesh Varghese, Varghese Varkey, and One other member serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KL1988PTC005202

  • Company No.

    005202

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Information Technology

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

Executive Team (1)

NameDesignationAppointment DateStatus
Varghese Varkey Country flag representing In Managing Director18-Oct-1988Current

Board Members (3)

NameDesignationAppointment DateStatus
Lekha Varghese Country flag representing In Director 30-Sep-1997Current
Pratheesh Varghese Country flag representing In Director 30-Sep-1997Current
Chalakkalakam Abdussalam Country flag representing In Director 29-Sep-1998Current

Financial Performance of Bits Tact Infotech.

Bits Tact Infotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.14% decrease. The company also saw a substantial fall in profitability, with a 106.6% decrease in profit. The company's net worth dipped by a decrease of 0.15%.

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
-13.14%
Revenue from Operations
-18.40%
Total Assets
-21.79%
Profit or Loss
-106.60%
Net Worth
-0.15%
EBITDA
-121.62%

What is the Ownership and Shareholding Structure of Bits Tact Infotech?

In 2023, Bits Tact Infotech had a public holding of 31.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.30 M

Satisfied Charges

₹0.35 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2014Hdfc Bank Limited₹5.30 MOpen
15 Dec 1989State Bank Of India₹0.05 MSatisfied
09 Jan 1989State Bank Of India₹0.30 MSatisfied

How Many Employees Work at Bits Tact Infotech?

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

Recent activity within the organization

  • Annual General Meeting

    Bits Tact Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Bits Tact Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge registered on 15 Dec 1989 via Charge ID 90015772 with State Bank Of India was fully satisfied on 08 Dec 2014.

    08 Dec 2014

  • Charges

    A charge registered on 09 Jan 1989 via Charge ID 90015702 with State Bank Of India was fully satisfied on 08 Dec 2014.

    08 Dec 2014

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.30 M with Charge ID 10529303 was registered on 07 Nov 2014.

    07 Nov 2014

  • Director Appointment

    Chalakkalakam Abdussalam was appointed as a Director was appointed as a Director on 29 Sep 1998 & has been associated with this company since 26 years 4 months .

    29 Sep 1998

Frequently asked questions

  • Bits Tact Infotech Private Limited was incorporated on 18 Oct 1988.

  • The authorized share capital of Bits Tact Infotech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Bits Tact Infotech Private Limited.

    • Lekha Varghese
    • Pratheesh Varghese
    • Varghese Kooran Varkey
    • Chalakkalakam Abdussalam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bits Tact Infotech Private Limited is Thouhid Binaya, Cda Colony Road East Nadakkav P O India, Kozhikode, Kerala, 673006.

  • The corporate identification number (CIN) of Bits Tact Infotech Private Limited is U72200KL1988PTC005202 and the company number is 005202 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bits Tact Infotech Private Limited has fallen by -13.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bits Tact Infotech Private Limited has experienced an downturn of -0.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bits Tact Infotech Private Limited amount to ₹ 5.30 M.

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