Picobit Technologies Private Limited

Founded in 2017 and headquartered in Karnataka, India.

2017 | Udupi, Karnataka (India) | Inactive
Last Updated: January 31, 2024

Picobit Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -96.74%
  • Profit Growth 86.99%
  • Ebitda 98.15%
  • Net Worth -9.98%
  • Total Assets %

About Picobit Technologies

Picobit Technologies Private Limited (PTPL) is Strike Off company established on 15 Mar 2017 with its office registered at Udupi, Karnataka, India and has been running since 7 Year, 10 Months with a paid up capital of 0.30 M. According to MCA records, 2 Directors are linked to this company as of 31 Jan 2024.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2017PTC101363

  • Company No.

    101363

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2017

  • Date of AGM

    30 Oct 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Executive Team (1)

Name Designation Appointment Date Status
Satwik Ramesh Country flag representing In Managing Director 15-Mar-2017 Current

Board Members (1)

Name Designation Appointment Date Status
Ramesh Bhandary Country flag representing In Director 15-Mar-2017 Current

Financial Performance of Picobit Technologies.

Picobit Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 96.74% decrease. The company also saw a substantial improvement in profitability, with a 86.99% increase in profit. The company's net worth dipped by a decrease of 9.98%.

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
-96.74%
Revenue from Operations
Total Assets
Profit or Loss
86.99%
Net Worth
-9.98%
EBITDA
98.15%

What is the Ownership and Shareholding Structure of Picobit Technologies?

Unlock access to Picobit Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Picobit Technologies?

Unlock and access historical data on people associated with Picobit 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 Picobit 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 Picobit Technologies's trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Picobit Technologies

Recent activity within the organization

  • Annual General Meeting

    Picobit Technologies Private Limited last Annual general meeting of members was held on 30 Oct 2020 as per latest MCA records.

    30 Oct 2020

  • Balance Sheet

    Picobit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Director Appointment

    Satwik Ramesh was appointed as a Managing Director was appointed as a Managing Director on 15 Mar 2017 & has been associated with this company since 7 years 10 months .

    15 Mar 2017

  • Director Appointment

    Ramesh Bhandary was appointed as a Director was appointed as a Director on 15 Mar 2017 & has been associated with this company since 7 years 10 months .

    15 Mar 2017

  • Company Incorporation

    Picobit Technologies Private Limited was registered on 15 Mar 2017 with Roc Bangalore & aged 7 years 10 months as per MCA records.

    15 Mar 2017

Frequently asked questions

  • Picobit Technologies Private Limited was incorporated on 15 Mar 2017.

  • The authorized share capital of Picobit Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

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

    • Satwik Ramesh
    • Ramesh Bhandary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Picobit Technologies Private Limited is D.No.2-199/15Medhini Complex, Chanthar Village, Brahmavara Udupi, Karnataka, India, 576213.

  • The corporate identification number (CIN) of Picobit Technologies Private Limited is U72900KA2017PTC101363 and the company number is 101363 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Picobit Technologies Private Limited has fallen by -96.74%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Picobit Technologies Private Limited has experienced an downturn of -9.98%.

  • The most recent Balance Sheet for Picobit Technologies Private Limited was filed with the ROC on 31 Mar 2020.