Gbit India Private Limited

IT support services, digital transformation, analytics, cyber security, application integration, image and video analytics.

2008 | Hyderabad, Telangana (India) | Active
Last Updated: December 20, 2024

Gbit India Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 17 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.51 M
  • Revenue Growth 1.14%
  • Profit Growth 40.50%
  • Ebitda 17.28%
  • Net Worth 58.15%
  • Total Assets 2.41%

About Gbit India

Gbit India Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 January 2008 and has a history of 17 years. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Gb It Solutions Private Limited. 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 0.30 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹7.51 M.

Ravi Chowdary, Hari Nagineni, Ravi Prabhavathi, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2008PTC057192

  • Company No.

    057192

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Gbit India?

Executive Team (1)

Name Designation Appointment Date Status
Naresh Ravi Country flag representing In Managing Director 17-Jan-2008 Current

Board Members (3)

Name Designation Appointment Date Status
Ravi Chowdary Country flag representing In Director 05-Oct-2015 Current
Hari Nagineni Country flag representing Us Director 02-Apr-2021 Current
Ravi Prabhavathi Country flag representing In Director 02-Oct-2014 Current

Financial Performance of Gbit India.

Gbit India Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 1.14% increase. The company also saw a substantial improvement in profitability, with a 40.5% increase in profit. The company's net worth Soared by an impressive increase of 58.15%.

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
1.14%
Revenue from Operations
1.23%
Total Assets
2.41%
Profit or Loss
40.50%
Net Worth
58.15%
EBITDA
17.28%

What is the Ownership and Shareholding Structure of Gbit India?

In 2020, Gbit India had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.51 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2022 Axis Bank Limited ₹7.51 M Open

How Many Employees Work at Gbit India?

Gbit India has a workforce of 15 employees as of Mar 27, 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 Gbit India, 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 Gbit India'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 Gbit India

Recent activity within the organization

  • Annual General Meeting

    Gbit India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Gbit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.51 M with Charge ID 100760218 was registered on 27 Jun 2022.

    27 Jun 2022

  • Director Appointment

    Hari Krishna Nagineni was appointed as a Director was appointed as a Director on 02 Apr 2021 & has been associated with this company since 3 years 10 months .

    02 Apr 2021

  • Director Appointment

    Ravi Shipra Chowdary was appointed as a Director was appointed as a Director on 05 Oct 2015 & has been associated with this company since 9 years 4 months .

    05 Oct 2015

  • Director Appointment

    Ravi Prabhavathi was appointed as a Director was appointed as a Director on 02 Oct 2014 & has been associated with this company since 10 years 4 months .

    02 Oct 2014

Frequently asked questions

  • Gbit India Private Limited was incorporated on 17 Jan 2008.

  • The authorized share capital of Gbit India Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Gbit India Private Limited.

    • Ravi Shipra Chowdary
    • Hari Krishna Nagineni
    • Ravi Prabhavathi
    • Naresh Babu Ravi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gbit India Private Limited is 212 Maximus Towers 2B, Raheja Mindspace India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Gbit India Private Limited is U72200TG2008PTC057192 and the company number is 057192 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gbit India Private Limited is https://www.gbitinc.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Gbit India Private Limited has risen by 1.14%.

  • As Per 2020 financial reports, 15 employees are currently employed by Gbit India Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Gbit India Private Limited has experienced an upsurge of 58.15%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Gbit India Private Limited amount to ₹ 7.51 M.

  • The most recent Balance Sheet for Gbit India Private Limited was filed with the ROC on 31 Mar 2023.

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