Bitonic Technology Labs Private Limited - Due diligence report

A 360° intelligence report on Yellow Messenger: trust score, financial health, credit view, compliance, directors, growth and distress signa…

2016-01-22 Bangalore South, Karnataka Active Unlisted Active Compliant
Share
BT Bitonic Technology Labs Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Yellow Messenger — 360° Intelligence Report

Generated from MCA filings & public records
60/100
Trust Score
Moderate

Yellow Messenger is assessed as Moderate with a Trust Score of 60/100. Yellow Messenger is an active private limited indian non-government company incorporated in 2016, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Bitonic Technology Labs Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
60/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
82/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
20/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 2 open (3.31 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Compliance Score: 82/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 4 auditor resignation(s) filed - latest: MOJ & ASSOCIATES on 2021-06-08.
  • Delayed payments to MSME suppliers disclosed (38 disclosure(s)).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
JAYAKISHORE REDDY GOLLAREDDY 01234567 Director 01/04/2018 6 yrs Approved
RAGHAVENDRA KUMAR RAVINUTALA 01234567 Director 01/04/2018 6 yrs Approved
Gopal Agarwal 01234567 Director 01/04/2018 6 yrs Approved
Gopal Agarwal 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • RAGHAVENDRA KUMAR RAVINUTALA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Bitonic Technology Labs Inc.
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 3 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Bitonic Technology Labs Inc. Holding Company 74.00%

Key managerial personnel: Gopal Agarwal (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 60
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Asset base grew 1.42 - capacity expansion.
Operating for 10+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 2.1x in a year.
Negative net worth.
2 open charge(s) registered - assets are encumbered.
4 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 59.87 Lakh.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence69/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment44/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 3.31 cr already registered.
  • Compliance record supports lending.
Investor view52/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
31 Oct 2025
Last AGM held
Annual general meeting
22 Jul 2025
Director appointed
Gopal Agarwal (Cfo)
31 Mar 2025
Latest balance sheet
Filed with ROC
17 Dec 2024
Director appointed
Gopal Agarwal (Whole-time director)
Director ceased
Gopal Agarwal
18 Dec 2023
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 80.00 Lakh
16 Aug 2021
Director ceased
JAY PRAKASH SAHAL
24 Apr 2020
Securities allotted
24618 Equity Shares - 9.18 cr raised
27 Mar 2020
Securities allotted
9438 Equity Shares - 3.52 cr raised
20 Jan 2020
Securities allotted
4692 Equity Shares - 1.75 cr raised
28 Oct 2019
Charge created
Hdfc Bank Limited - 2.51 cr
31 Mar 2017
Share transfer (FY 2017)
7500.00000000 shares to TECHNOLOGY LABS BITONIC
Share transfer (FY 2017)
2500.00000000 shares to TECHNOLOGY LABS BITONIC
Share transfer (FY 2017)
1.00000000 shares to Kumar Raghavendra
22 Jan 2016
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Fluentgrid U72200AP1998PLC030617 Visakhapatnam, Andhra Pradesh, India
Techwave Infotech U72200TG2015PTC097221 Hyderabad, Telangana, India
Infoteksoftware U72200PN2000PTC015094 Haveli, Maharashtra, India
Netcon U72200TZ2007PTC013558 Coimbatore South, Tamil Nadu, India
Darwinbox U74900TG2015PTC101793 Hyderabad, Telangana, India
Metacube U72200RJ2004PTC019247 Jaipur, Rajasthan, India
Jade Global U72200PN2012PTC142253 Pune City, Maharashtra, India
Locuz U72200TG1999PTC032881 Hyderabad, Telangana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Yellow Messenger before audits and certifications: compliance score 82/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Yellow Messenger: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 75/100, margin trends, ownership structure and peer set for Yellow Messenger - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 60/100, distress signals and MSME payment-delay disclosures - know whether Yellow Messenger pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Yellow Messenger - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Yellow Messenger an active company?

Yellow Messenger has MCA status “Active” with a compliance score of 82/100 (Low Risk).

Is Yellow Messenger financially healthy?

Yellow Messenger has a Financial Health Score of 20/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Yellow Messenger?

Its overall Trust Score is 60/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Yellow Messenger?

The ultimate holding entity is Bitonic Technology Labs Inc.. 4 active director(s) are on record.

Does Yellow Messenger have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Yellow Messenger up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 82/100 (Low Risk).

Is it risky to lend to Yellow Messenger?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.