Sourcebits Technologies Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 09-01-2025
- Paid Up Capital ₹ 5.43 M
as on 09-01-2025
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -53.94%
(FY 2022)
- Profit -80.17%
(FY 2022)
- Ebitda -80.61%
(FY 2022)
- Net Worth 5.45%
(FY 2022)
- Total Assets 2.05%
(FY 2022)
About Sourcebits Technologies
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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.43 M, as per Ministry of Corporate Affairs (MCA) records.
Velayudhan Nair and Viral Vora serve as directors at the Company.
- CIN/LLPIN
U72200KA2006PTC039143
- Company No.
039143
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Apr 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Sourcebits Technologies Private Limited offer?
Sourcebits Technologies Private Limited offers a wide range of products and services, including Research and Development (R&D) Work, Product Development Research.
Who are the key members and board of directors at Sourcebits Technologies?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Velayudhan Nair  | Director | 26-Apr-2017 | Current |
| Viral Vora | Director | 26-Apr-2017 | Current |
Financial Performance of Sourcebits Technologies.
Sourcebits Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 53.94% decrease. The company also saw a substantial fall in profitability, with a 80.17% decrease in profit. The company's net worth moved up by a moderate rise of 5.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sourcebits Technologies?
In 2022, Sourcebits 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.
Related Corporates (Common Directorship)
Ascendum Solutions India Private LimitedActive 16 years 11 monthsVelayudhan Nair and Viral Vora are mutual person
Vora Tech-Venture Private LimitedActive 17 years 5 monthsVelayudhan Nair and Viral Vora are mutual person
- Opcommerce Online Private LimitedActive 6 years 10 months
Velayudhan Nair and Viral Vora are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Sourcebits Technologies?
Sourcebits Technologies has a workforce of 15 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sourcebits 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 Sourcebits Technologies's trajectory.
Rating
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
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.
