Sourcebits - Company overview

Sourcebits (legal name: Sourcebits Technologies Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Governmen…

2006-04-27 Bangalore, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▼ -53.9%
FY 2022
PROFIT / LOSS
₹1–5 Cr
▼ -80.2%
FY 2022
EBITDA
₹1–5 Cr
▼ -80.6%
FY 2022
NET WORTH
₹10–25 Cr
▲ 5.5%
FY 2022
TOTAL ASSETS
₹10–25 Cr
▲ 2.1%
FY 2022
EMPLOYEE COUNT
11–20
OPEN CHARGES
-
-
PAID-UP CAPITAL
54.35 Lakh
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
20 Years 4 Months
since 2006-04-27
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2025-01-01 01:37:05
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Sourcebits covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
85/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (70), director (95) and company-foundation signals.
  • Operating for 20+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - slightly behind.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2022.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Sourcebits Company identity, industry, contact, and registration details from MCA and company records.

Sourcebits (legal name: Sourcebits Technologies Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200KA2006PTC039143). Business overview includes Information Technology (Application Development & Software Solutions), incorporated on April 27, 2006 (20+ years old), based in Bangalore. The company is currently Active with Active Compliant compliance status. Public MCA filings list 2 current director record(s) on this profile.

Information Technology ••••••••
  • Location #170-172, Phase 2, Epip, Whitefield,, Bangalore, Karnataka - 560066
  • Website ascendum.com
Legal NameSourcebits Technologies Private Limited
CIN / LLPINU72200KA2006PTC039143
Company No.039143
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2006-04-27
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Sourcebits (2) Current board members from MCA filings, including designation and appointment details.

V
Velayudhan Krishnan Nair
Director | Since 2017-04-26 | DIN: 00820018
V
Viral Champaklal Vora
Director | Since 2017-04-26 | DIN: 01443518

Financial Performance of Sourcebits Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹10–25 Cr ▼ -53.9%
P&L ₹1–5 Cr ▼ -80.2%
EBITDA ₹1–5 Cr ▼ -80.6%
Net worth ₹10–25 Cr ▲ 5.5%

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationOther information & communication service activities100
Information and communicationOther information & communication service activities100.00

Companies With Common Directors Of Sourcebits Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Ascendum Kps Private Limited 2 Shared Directors
Ascendum Solutions India Private Limited 2 Shared Directors
Opcommerce Online Private Limited 2 Shared Directors
Vora Tech-Venture Private Limited 2 Shared Directors
Aaron Endeavours Llp 1 Shared Director
Airtrace Properties Llp 1 Shared Director
All Know Endeavours Llp 1 Shared Director
All Know Greens Llp 1 Shared Director
All Know Residency Llp 1 Shared Director
Anand Endeavours Llp 1 Shared Director
Answerpal Services Private Limited 1 Shared Director
Answerpal Technologies Private Limited 1 Shared Director
Apsc Emart Llp 1 Shared Director
Asopalav Endeavours Llp 1 Shared Director
Assurecare Healthtech Llp 1 Shared Director
Aveline Endeavours Llp 1 Shared Director
Awasis Endeavours Llp 1 Shared Director
Cfirst Background Checks Llp 1 Shared Director
Cogbee Technologies Llp 1 Shared Director
Crusade Properties Llp 1 Shared Director
Garnet Infosolutions Private Limited 1 Shared Director
Hn Safal Goyal Infra Realty Private Limited 1 Shared Director
Koncert Technologies Llp 1 Shared Director
Medusa Properties Llp 1 Shared Director
Oculus Properties Llp 1 Shared Director
Pinehouse Properties Llp 1 Shared Director
Polyline Properties Llp 1 Shared Director
Southpark Properties Llp 1 Shared Director
Talentnow Technologies Private Limited 1 Shared Director
Travis Properties Llp 1 Shared Director
V V Opportunities Llp 1 Shared Director
Viewport Properties Llp 1 Shared Director
Vora Ventures Llp 1 Shared Director

Financial Ratios of Sourcebits Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Shareholding Pattern of Sourcebits Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Employees and EPFO Compliance at Sourcebits EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

GST Compliance of Sourcebits GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

MSME Payment Delays by Sourcebits MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MCA Filings & Documents of Sourcebits Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index
Frequently Asked Questions about Sourcebits Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
What is CIN of Sourcebits?
The Corporate Identification Number (CIN) for Sourcebits is U72200KA2006PTC039143. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 039143 as per MCA.
When was Sourcebits incorporated?
Sourcebits was incorporated 20 years 4 months ago on 27 Apr 2006.
Who are the current board members and directors of Sourcebits?
Sourcebits shows 2 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Sourcebits?
Sourcebits is registered in Bangalore, Karnataka as per MCA records. Full street address is available after unlock.
What is the official website of Sourcebits?
The official website of Sourcebits is https://ascendum.com.
What is the ROC code of Sourcebits?
Sourcebits ROC code is Roc Bangalore.
What is the company classification of Sourcebits?
Sourcebits is classified as Private Limited Indian Non-Government Company.
Sourcebits - is it listed or unlisted?
Sourcebits is a Unlisted company.
What is the current status of Sourcebits?
Sourcebits is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Sourcebits associated with?
Sourcebits lists activity aligned with: Information Technology - Application Development & Software Solutions - Other information & communication service activities. See the Overview and Competition sections for fuller industry context.
Does Sourcebits have GST registrations on file?
Sourcebits shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
How do I contact Sourcebits?
Use the official website at https://ascendum.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Sourcebits?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Sourcebits?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.