Innobits Solutions Private Limited

AI-based platform for offline businesses, offering technology, tools, and problem-solving services for development, marketing, and data science.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated:

Innobits Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 190.06%
  • Profit Growth -1555.98%
  • Ebitda -7455.64%
  • Net Worth -931.63%
  • Total Assets 20.75%

About Innobits Solutions

Innobits Solutions Private Limited (ISPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 November 2020 (Four years and six months 7 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Anuradha Bhat and Mahesh Nagaraju serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2020PTC141062

  • Company No.

    141062

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2020

  • Date of AGM

    02 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Innobits Solutions Private Limited

Explore comprehensive data for Innobits Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Innobits Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Anuradha Bhat Country flag representing In Additional Director 06-Feb-2024Current
Mahesh Nagaraju Country flag representing In Additional Director 06-Feb-2024Current

Financial Performance of Innobits Solutions.

Innobits Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 190.06% increase. The company also saw a substantial fall in profitability, with a 1555.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 931.63%.

Innobits Solutions revenue growth over time
Innobits Solutions 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
190.06%
Revenue from Operations
177.39%
Total Assets
20.75%
Profit or Loss
-1555.98%
Net Worth
-931.63%
EBITDA
-7455.64%

What is the Ownership and Shareholding Structure of Innobits Solutions?

In 2023, Innobits Solutions 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 Innobits Solutions?

Innobits Solutions has a workforce of 21 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.

Employee growth trends for Innobits Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innobits 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 Innobits Solutions'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 Innobits Solutions

Recent activity within the organization

  • Director Appointment

    Anuradha Gopalakrishna Bhat was appointed as a Additional Director was appointed as a Additional Director on 06 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Mahesh Nagaraju was appointed as a Additional Director was appointed as a Additional Director on 06 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    Innobits Solutions Private Limited last Annual general meeting of members was held on 02 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Innobits Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Company Incorporation

    Innobits Solutions Private Limited was registered on 16 Nov 2020 with Roc Bangalore & aged 4 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Innobits Solutions Private Limited?

    Innobits Solutions Private Limited was incorporated on 16 Nov 2020.

  • What is authorized share capital and paid-up capital of Innobits Solutions Private Limited?

    The authorized share capital of Innobits Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Who are the current board members & directors of Innobits Solutions Private Limited?

    Currently 2 directors are associated with Innobits Solutions Private Limited.

    • Anuradha Gopalakrishna Bhat
    • Mahesh Nagaraju

  • What is the registered address of Innobits Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innobits Solutions Private Limited is No 11 Cabin 4 3Rd Floor Sai Samruddhi 11Th C Main Jayanagar 5Th Block, Near Raghavendra Swamy Temple India, Bangalore South, Karnataka, 560041.

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

    The corporate identification number (CIN) of Innobits Solutions Private Limited is U72900KA2020PTC141062 and the company number is 141062 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Innobits Solutions Private Limited?

    The Official website of Innobits Solutions Private Limited is https://www.bitsila.com

  • What has been the recent revenue trend for Innobits Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Innobits Solutions Private Limited has risen by 190.06%.

  • How many employees does Innobits Solutions Private Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Innobits Solutions Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Innobits Solutions Private Limited has experienced an downturn of -931.63%.

  • When was the last Balance Sheet of Innobits Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Innobits Solutions Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on SaaS (Software as a Service) Providers