Bitsport Private Limited

Founded in 2011 and headquartered in Karnataka, India.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Bitsport Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -99.67%
  • Profit Growth -110.22%
  • Net Worth -0.83%
  • Total Assets -8.33%

About Bitsport

Bitsport Private Limited (BPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 August 2011 and has a history of 13 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Events And Entertainment 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Praveen Pillareddy and Prashanth Pillareddy 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

    U72900KA2011PTC060011

  • Company No.

    060011

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Events and Entertainment

Who are the key members and board of directors at Bitsport?

Board Members (2)

NameDesignationAppointment DateStatus
Praveen Pillareddy Country flag representing In Director 17-Aug-2011Current
Prashanth Pillareddy Country flag representing Ca Director 22-Jul-2022Current

Financial Performance of Bitsport.

Bitsport Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.67% decrease. The company also saw a substantial fall in profitability, with a 110.22% decrease in profit. The company's net worth dipped by a decrease of 0.83%.

Bitsport revenue growth over time
Bitsport 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
-99.67%
Revenue from Operations
Total Assets
-8.33%
Profit or Loss
-110.22%
Net Worth
-0.83%
EBITDA

What is the Ownership and Shareholding Structure of Bitsport?

In 2019, Bitsport 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 Bitsport?

Unlock and access historical data on people associated with Bitsport, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bitsport Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bitsport, 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 Bitsport'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 Bitsport

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Bitsport Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Prashanth Kumar Pillareddy was appointed as a Director was appointed as a Director on 22 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Praveen Kumar Pillareddy was appointed as a Director was appointed as a Director on 17 Aug 2011 & has been associated with this company since 13 years 7 months .

  • Company Incorporation

    Bitsport Private Limited was registered on 17 Aug 2011 with Roc Bangalore & aged 13 years 7 months as per MCA records.

Frequently asked questions

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

    Bitsport Private Limited was incorporated on 17 Aug 2011.

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

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

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

    Currently 2 directors are associated with Bitsport Private Limited.

    • Praveen Kumar Pillareddy
    • Prashanth Kumar Pillareddy

  • What is the registered address of Bitsport Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bitsport Private Limited is 316 1St J Main Road Kasturi Nagar India, Bangalore, Karnataka, 560043.

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

    The corporate identification number (CIN) of Bitsport Private Limited is U72900KA2011PTC060011 and the company number is 060011 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Bitsport Private Limited has fallen by -99.67%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Bitsport Private Limited has experienced an downturn of -0.83%.

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

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

People also Viewed