Ibit Technologies Private Limited

Manufactures electrical control panel boards and offers turnkey power projects.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated: December 22, 2024

Ibit Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 4.20 Cr
  • Revenue Growth -49.62%
  • Profit Growth -164.55%
  • Ebitda -363.55%
  • Net Worth 1620.92%
  • Total Assets -8.02%

About Ibit Technologies

Ibit Technologies Private Limited (ITPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 12 June 2006 and has a history of 18 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.20 Cr.

Hiriyur Mamatha and Thadakalur Shivamurthy serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U30006KA2006FTC039682

  • Company No.

    039682

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    12 Jun 2006

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Ibit Technologies Private Limited offer?

Ibit Technologies Private Limited offers a wide range of products and services, including Electrical Distribution System, Power Distribution Board, Fire Alarm Control Panel, Fire Control Panel, Electrical Installation, Electrical Substation Installation Services, Busbar Systems, Bus Ducts, Plant & Equipment Erection Services, Electric Control Panel.

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

Financial Performance of Ibit Technologies.

Ibit Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 49.62% decrease. The company also saw a substantial fall in profitability, with a 164.55% decrease in profit. The company's net worth Soared by an impressive increase of 1620.92%.

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
-49.62%
Revenue from Operations
-49.52%
Total Assets
-8.02%
Profit or Loss
-164.55%
Net Worth
1620.92%
EBITDA
-363.55%

What is the Ownership and Shareholding Structure of Ibit Technologies?

In 2018, Ibit 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)

Open Charges

₹42.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.35 Cr
  • The Karnataka Bank Limited : 0.85 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2016Others₹1.00 CrOpen
04 Dec 2015The Karnataka Bank Limited₹5.00 MOpen
11 Nov 2009The Karnataka Bank Limited₹3.50 MOpen
01 Jul 2009Others₹2.35 CrOpen

How Many Employees Work at Ibit Technologies?

Unlock and access historical data on people associated with Ibit 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 Ibit 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 Ibit 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 Ibit Technologies

Recent activity within the organization

  • Annual General Meeting

    Ibit Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ibit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with Others of Rs. 10.00 M registered on 29 Apr 2016 with Charge ID 100030336 was modified on 12 Jul 2016.

    12 Jul 2016

  • Charges

    A charge with Others of Rs. 23.50 M registered on 01 Jul 2009 with Charge ID 10171216 was modified on 12 Jul 2016.

    12 Jul 2016

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100030336 was registered on 29 Apr 2016.

    29 Apr 2016

  • Charges

    A charge with The Karnataka Bank Limited amounted to Rs. 5.00 M with Charge ID 10606627 was registered on 04 Dec 2015.

    04 Dec 2015

Frequently asked questions

  • What is the Incorporation or founding date of Ibit Technologies Private Limited?

    Ibit Technologies Private Limited was incorporated on 12 Jun 2006.

  • What is authorized share capital and paid-up capital of Ibit Technologies Private Limited?

    The authorized share capital of Ibit Technologies Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Ibit Technologies Private Limited?

    Currently 2 directors are associated with Ibit Technologies Private Limited.

    • Hiriyur Govindappa Mamatha
    • Thadakalur Sannaveeraiah Shivamurthy
  • What is the registered address of Ibit Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ibit Technologies Private Limited is No.16A 9Th Cross 1St Main 2Nd Stage West Of Cord Road Mahalakshmipuram, India, Bengaluru, Karnataka, 560086.

  • What is the corporate identification number (CIN) and company number of Ibit Technologies Private Limited?

    The corporate identification number (CIN) of Ibit Technologies Private Limited is U30006KA2006FTC039682 and the company number is 039682 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ibit Technologies Private Limited?

    The Official website of Ibit Technologies Private Limited is https://www.ibittechnologies.com

  • What has been the recent revenue trend for Ibit Technologies Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Ibit Technologies Private Limited has fallen by -49.62%.

  • What change has been observed in the net worth of Ibit Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Ibit Technologies Private Limited has experienced an upsurge of 1620.92%.

  • What are the total open charges for Ibit Technologies Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Ibit Technologies Private Limited amount to ₹ 4.20 Cr.

  • When was the last Balance Sheet of Ibit Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Ibit Technologies Private Limited was filed with the ROC on 31 Mar 2022.