Bitspace Developers Private Limited - Due diligence report

A 360° intelligence report on Bitspace Developers Private Limited: trust score, financial health, credit view, compliance, directors, growth…

2008-09-08 Ambala City, Haryana Converted To Llp Unlisted Active Compliant
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Bitspace Developers Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
58/100
Trust Score
Moderate

Bitspace Developers Private Limited is assessed as Moderate with a Trust Score of 58/100. Bitspace Developers Private Limited is a private limited indian non-government company incorporated in 2008, operating in the Real Estate and Construction sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Bitspace Developers Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

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
58/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
25/100
No active directors on record.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 3 filed year(s)

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

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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: 85/100 Low Risk
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 1 satisfied (9.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Compliance Score: 30/100 Caution Indicated
  • Company status is "Converted To Llp" - not Active.
  • Last balance sheet is for Mar 2019 - filings overdue.
05

Director Intelligence

Stability score: 25/100
No active directors on record.
06

Ownership & Group Intelligence

As per FY 2019 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
-
Subsidiaries
1
Group entities
2
Capital events
5 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
M.m. Infratech Private Limited Subsidiary Company 74.00%
Maharishi Markandeshwar Developers Private Limited Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 55
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Operating for 17+ years.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Converted To Llp.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence46/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment74/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view68/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 13 events
12 Nov 2019
Director ceased
DEEPIKA GARG
Director ceased
VISHAL GARG
30 Sep 2019
Last AGM held
Annual general meeting
20 Aug 2019
Charge satisfied
Others
11 May 2019
Director ceased
SANJEEV KUMAR GARG
31 Mar 2019
Latest balance sheet
Filed with ROC
01 Mar 2017
Charge created
Others - 9.00 cr
01 Dec 2010
Securities allotted
7470.00 Equity Shares - 18.68 Lakh raised
Securities allotted
7470 Equity Shares Without Differential Rights - 18.68 Lakh raised
31 Mar 2009
Securities allotted
104000 Equity Shares Without Differential Rights - 1.04 cr raised
Securities allotted
104000 Equity Shares Without Differential Rights - 10.40 Lakh raised
Securities allotted
104000.00 Equity Shares - 10.40 Lakh raised
08 Sep 2008
Incorporated
Registered with Roc Delhi
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 2 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Promoters hold a minority stake as per the FY 2019 annual return.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Devlok Real Estates Private Limited U45200DL2011PTC216028 New Delhi, Delhi, India
Goodlook Infra- Projects Private Limited U74899DL2006PTC144688 New Delhi, Delhi, India
Kundli Housing And Land Developers Private Limited U45201DL2006PTC144995 Connaught Place, Delhi, India
Autumn Buildhome Private Limited U45400DL2007PTC164981 Delhi, Delhi, India
Smart Reality Ventures Private Limited U45400DL2011PTC216209 New Delhi, Delhi, India
Altos Equity And Finance (Bombay) Private Limited U55100DL1994PTC219216 New Delhi, Delhi, India
Singular Infrastructure Pvt Ltd U70101WB2006PTC109599 Kolkata, West Bengal, India
Arunodaya Cow Yards U74900AP2015PTC097429 Nellore, Andhra Pradesh, India
12

Who Uses This Report

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

Verify Bitspace Developers Private Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bitspace Developers Private Limited: 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: Favourable lending indicators. Credit risk score 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Bitspace Developers Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 58/100, distress signals and MSME payment-delay disclosures - know whether Bitspace Developers Private Limited 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 Bitspace Developers Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bitspace Developers Private Limited an active company?

Bitspace Developers Private Limited has MCA status “Converted To Llp” with a compliance score of 30/100 (Caution Indicated).

Is Bitspace Developers Private Limited financially healthy?

Bitspace Developers Private Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Bitspace Developers Private Limited?

Its overall Trust Score is 58/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bitspace Developers Private Limited?

Promoters hold a minority stake - exact percentages are in the full report.

Does Bitspace Developers Private Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Bitspace Developers Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2019 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Bitspace Developers Private Limited?

Its Credit Risk Score is 85/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.