Thingbits Electronics Private Limited

Provides hardware and software services through online portal, featuring popular brands in electronics.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: January 21, 2025

Thingbits Electronics 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 2023
  • Open Charges ₹ 1.84 Cr
  • Revenue Growth -56.42%
  • Profit Growth -58.21%
  • Ebitda 168.96%
  • Net Worth 28.51%
  • Total Assets -62.15%

About Thingbits Electronics

Thingbits Electronics Private Limited (TEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 2011 and has a history of 13 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Propulence Systems Private Limited. 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.84 Cr.

Viraj Chaudhari, Swakit Rane, and Sagar Bonde serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2011PTC219328

  • Company No.

    219328

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Thingbits Electronics?

Board Members (3)

Name Designation Appointment Date Status
Viraj Chaudhari Country flag representing In Director 01-Jul-2011 Current
Swakit Rane Country flag representing In Director 01-Jul-2011 Current
Sagar Bonde Country flag representing In Additional Director 04-Feb-2019 Current

Financial Performance of Thingbits Electronics.

Thingbits Electronics Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 56.42% decrease. The company also saw a substantial fall in profitability, with a 58.21% decrease in profit. The company's net worth Soared by an impressive increase of 28.51%.

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
-56.42%
Revenue from Operations
-56.42%
Total Assets
-62.15%
Profit or Loss
-58.21%
Net Worth
28.51%
EBITDA
168.96%

What is the Ownership and Shareholding Structure of Thingbits Electronics?

Unlock access to Thingbits Electronics'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)

Open Charges

₹18.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.84 Cr

Latest Charge Details

Date Lender Amount Status
29 Aug 2023 Others ₹1.84 Cr Open

How Many Employees Work at Thingbits Electronics?

Unlock and access historical data on people associated with Thingbits Electronics, 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 Thingbits Electronics, 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 Thingbits Electronics'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 Thingbits Electronics

Recent activity within the organization

  • Annual General Meeting

    Thingbits Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 18.40 M with Charge ID 100799215 was registered on 29 Aug 2023.

    29 Aug 2023

  • Balance Sheet

    Thingbits Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sagar Vikas Bonde was appointed as a Additional Director was appointed as a Additional Director on 04 Feb 2019 & has been associated with this company since 6 years 6 days .

    04 Feb 2019

  • Director Appointment

    Viraj Ramkrishna Chaudhari was appointed as a Director was appointed as a Director on 01 Jul 2011 & has been associated with this company since 13 years 7 months .

    01 Jul 2011

  • Director Appointment

    Swakit Ulhas Rane was appointed as a Director was appointed as a Director on 01 Jul 2011 & has been associated with this company since 13 years 7 months .

    01 Jul 2011

Frequently asked questions

  • Thingbits Electronics Private Limited was incorporated on 01 Jul 2011.

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

  • Currently 3 directors are associated with Thingbits Electronics Private Limited.

    • Viraj Ramkrishna Chaudhari
    • Swakit Ulhas Rane
    • Sagar Vikas Bonde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thingbits Electronics Private Limited is 9A/701 Neelam Nagar Phase 2 Gavanpada Mulund East, Palmacre India, Mumbai, Maharashtra, 400081.

  • The corporate identification number (CIN) of Thingbits Electronics Private Limited is U72900MH2011PTC219328 and the company number is 219328 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Thingbits Electronics Private Limited is https://www.thingbits.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Thingbits Electronics Private Limited has fallen by -56.42%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Thingbits Electronics Private Limited has experienced an upsurge of 28.51%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Thingbits Electronics Private Limited amount to ₹ 1.84 Cr.

  • The most recent Balance Sheet for Thingbits Electronics Private Limited was filed with the ROC on 31 Mar 2023.