Flexbit Technologies Private Limited

IT and computer services provider established in 2018, based in Mumbai, Maharashtra.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: December 18, 2024

Flexbit Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 10.00 K
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -29.91%
  • Profit Growth 69.52%
  • Ebitda 8665.01%
  • Net Worth -29.81%
  • Total Assets -4.62%

About Flexbit Technologies

Flexbit Technologies Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 August 2018 (Six years and five months 25 days old ). Its registered office is in Mumbai, Maharashtra, 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 10.00 K , as per Ministry of Corporate Affairs (MCA) records.

Vinit Shetty and Rakesh Pisat serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2018PTC312855

  • Company No.

    312855

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Flexbit Technologies?

Board Members (2)

Name Designation Appointment Date Status
Rakesh Pisat Country flag representing In Director 16-Aug-2018 Current
Vinit Shetty Country flag representing In Director 16-Aug-2018 Current

Financial Performance of Flexbit Technologies.

Flexbit Technologies Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.91% decrease. The company also saw a substantial improvement in profitability, with a 69.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.81%.

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
-29.91%
Revenue from Operations
-30.36%
Total Assets
-4.62%
Profit or Loss
69.52%
Net Worth
-29.81%
EBITDA
8665.01%

What is the Ownership and Shareholding Structure of Flexbit Technologies?

In 2021, Flexbit Technologies 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 Flexbit Technologies?

Unlock and access historical data on people associated with Flexbit Technologies, 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 Flexbit Technologies, 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 Flexbit Technologies'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 Flexbit Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Flexbit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vinit Shankar Shetty was appointed as a Director was appointed as a Director on 16 Aug 2018 & has been associated with this company since 6 years 5 months .

    16 Aug 2018

  • Director Appointment

    Rakesh Bhagwan Pisat was appointed as a Director was appointed as a Director on 16 Aug 2018 & has been associated with this company since 6 years 5 months .

    16 Aug 2018

  • Company Incorporation

    Flexbit Technologies Private Limited was registered on 16 Aug 2018 with Roc Mumbai & aged 6 years 5 months as per MCA records.

    16 Aug 2018

Frequently asked questions

  • Flexbit Technologies Private Limited was incorporated on 16 Aug 2018.

  • The authorized share capital of Flexbit Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 10.00 K .

  • Currently 2 directors are associated with Flexbit Technologies Private Limited.

    • Vinit Shankar Shetty
    • Rakesh Bhagwan Pisat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flexbit Technologies Private Limited is 3 Zone N Plot 5 Nagri N P Bldg 15 B Film City Rd A1 Type Bldg. Malad East, India, Mumbai, Maharashtra, 400097.

  • The corporate identification number (CIN) of Flexbit Technologies Private Limited is U74999MH2018PTC312855 and the company number is 312855 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flexbit Technologies Private Limited is https://www.vizaclubs.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Flexbit Technologies Private Limited has fallen by -29.91%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Flexbit Technologies Private Limited has experienced an downturn of -29.81%.

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