Bytes Finsec Private Limited - Due diligence report

A 360° intelligence report on Bytes Finsec Private Limited: trust score, financial health, credit view, compliance, directors, growth and di…

2017-07-12 New Delhi, Delhi Active Unlisted Active Compliant
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Bytes Finsec Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
75/100
Trust Score
Low Risk

Bytes Finsec Private Limited is assessed as Low Risk with a Trust Score of 75/100. Bytes Finsec Private Limited is an active private limited indian non-government company incorporated in 2017, operating in the Consumer Electronics & Durables sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 23 Sep 2026 from the latest processed filings. Bytes Finsec Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
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 ScoreLow Risk
75/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
90/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
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
40/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 2 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.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Profitable - internal accruals available.

Charges position: 1 open (42.50 cr) · 1 satisfied (38.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Compliance Score: 90/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 2 auditor resignation(s) filed - latest: ASHU GOYAL on 2020-12-14.
05

Director Intelligence

Stability score: 40/100
NameDIN / PANDesignationAppointedTenureDIN status
Raj Chitara 01234567 Director 01/04/2018 6 yrs Approved
VARUN DAGA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • VARUN DAGA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 3 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

As per FY 2021 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
Simplex Oil And Gas Consultancy Private Limited
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 5 transfer(s)

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

Group entityRelationship% held
Simplex Oil And Gas Consultancy Private Limited Holding Company 74.00%
Ds Pixel Subsidiary Company 74.00%
Bmg Gulf Dubai Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 90
Growth signals & trust indicators
Profit expanded 38% year-on-year.
Operating for 9 years.
Distress signals & risk flags
1 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment62/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 42.50 cr already registered.
  • Compliance record supports lending.
Investor view67/100
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 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Sep 2024
Director ceased
Raj Chitara
08 Jun 2024
Director appointed
Raj Chitara (Director)
29 Sep 2023
Director ceased
MAHINDER KUMAR BHURARIA
Director ceased
HARSH BAHETI
11 Sep 2023
Director appointed
VARUN DAGA (Director)
09 Aug 2022
Director ceased
ARUN KUMAR
Director ceased
PRASHANT BHORIA
25 Oct 2020
Director ceased
SUNITA DILIP SINGHEE
31 Mar 2020
Share transfer (FY 2020)
750000.00000000 shares to SIMPLEX OIL AND GAS CONSULTANCY PRIVATE LIMITED
Share transfer (FY 2020)
1050000.00000000 shares to SIMPLEX OIL AND GAS CONSULTANCY PRIVATE LIMITED
Share transfer (FY 2020)
449250.00000000 shares to SIMPLEX OIL AND GAS CONSULTANCY PRIVATE LIMITED
Share transfer (FY 2020)
750.00000000 shares to GANESH RAM
19 Dec 2019
Charge satisfied
Others
10

Key Observations

Auto-generated from the data above
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
4 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Newest Environment And Equipment Developer Private Limited U51909UP2021PTC148225 Lucknow, Uttar Pradesh, India
Avant Trading Company Private Limited U70102MH2010PTC205126 Jogeshwari East, Maharashtra, India
Elincon Electronics Private Limited U74899DL1988PTC030459 New Delhi, Delhi, India
F5Cs Technologies Private Limited U72900TG2018PTC123601 Old Bowenpally, Telangana, India
New Tech Venture Private Limited U72900DL2000PTC103291 New Delhi, Delhi, India
Shizen Senshin Creative Private Limited U32109MH2003PTC140392 Mumbai, Maharashtra, India
Bush Technik Private Limited U52609DL2021PTC384755 Delhi, Delhi, India
Aniraj Exim Private Limited U51909MH2020PTC337849 Nashik, Maharashtra, India
12

Who Uses This Report

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

Verify Bytes Finsec Private Limited before audits and certifications: compliance score 90/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bytes Finsec 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: Mixed indicators - deeper appraisal suggested. 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 60/100, margin trends, ownership structure and peer set for Bytes Finsec Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 75/100, distress signals and MSME payment-delay disclosures - know whether Bytes Finsec 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 Bytes Finsec Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bytes Finsec Private Limited an active company?

Bytes Finsec Private Limited has MCA status “Active” with a compliance score of 90/100 (Low Risk).

Is Bytes Finsec Private Limited financially healthy?

Bytes Finsec Private Limited has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Bytes Finsec Private Limited?

Its overall Trust Score is 75/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bytes Finsec Private Limited?

The ultimate holding entity is Simplex Oil And Gas Consultancy Private Limited. 2 active director(s) are on record.

Does Bytes Finsec Private Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Bytes Finsec Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 90/100 (Low Risk).

Is it risky to lend to Bytes Finsec Private Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

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.