Bitwise Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.24 M
- Company Age 27 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 39.16 Cr
- Satisfied Charges ₹ 125.95 Cr
- Revenue Growth 19.35%
- Profit Growth -2.07%
- Ebitda 12.79%
- Net Worth 13.92%
- Total Assets 2.94%
About Bitwise Solutions
Bitwise Solutions Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 1997 and has a history of 27 years and nine months. Its registered office is in Pune - 411 016., Maharashtra.
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.24 M.
The company currently has active open charges totaling ₹39.16 Cr. The company has closed loans amounting to ₹125.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Salil Sakhardande, Hemlata Sakhardande, Neelesh Makarand, and One other member serve as directors at the Company.
Company Details
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LocationPune - 411 016., Maharashtra
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200PN1997PTC015155
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Company No.
015155
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 May 1997
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Date of AGM
07 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does Bitwise Solutions Private Limited offer?
Bitwise Solutions Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Bitwise Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Seemantini Desai
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Managing Director | 02-May-2003 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Salil Sakhardande
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Director | 07-May-1997 | Current |
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Neelesh Makarand
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Director | 07-May-1997 | Current |
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Hemlata Sakhardande
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Director | 02-May-2003 | Current |
Financial Performance of Bitwise Solutions.
Bitwise Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.35% increase. The company also saw a slight decrease in profitability, with a 2.07% decrease in profit. The company's net worth Soared by an impressive increase of 13.92%.
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What is the Ownership and Shareholding Structure of Bitwise Solutions?
In 2023, Bitwise Solutions had a promoter holding of 90.46% and a public holding of 9.55%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Wise Leisures Private LimitedSalil Sakhardande, Hemlata Sakhardande and 2 more are mutual person
Charges (Loans)
₹39.16 Cr
₹125.95 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 39.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2023 | Axis Bank Limited | ₹1.95 M | Open |
| 20 May 2022 | Axis Bank Limited | ₹2.10 M | Open |
| 20 Jul 2021 | Axis Bank Limited | ₹2.50 M | Open |
| 10 Sep 2007 | Axis Bank Limited | ₹38.50 Cr | Open |
| 23 Oct 2020 | Axis Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Bitwise Solutions?
Bitwise Solutions has a workforce of 1102 employees as of Apr 07, 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 Bitwise 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 Bitwise Solutions'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.
