Bains Innovation Labs Private Limited

Provides software support and maintenance services to clients, established in 2019 in Mohali, Punjab.

2019 | Patiala, Punjab (India) | Active
Last Updated:

Bains Innovation Labs Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -12.65%
  • Profit Growth -8.44%
  • Ebitda -21.89%
  • Net Worth 5.56%
  • Total Assets -28.60%

About Bains Innovation Labs

Bains Innovation Labs Private Limited (BILPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 09 May 2019 (Five years and nine months 30 days old ). Its registered office is in Patiala, Punjab, India.

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 2024. 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, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Kumar, Harnandan Bains, and Balwinder Bains serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900PB2019FTC049435

  • Company No.

    049435

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    09 May 2019

  • Date of AGM

    27 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

Who are the key members and board of directors at Bains Innovation Labs?

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Kumar Country flag representing In Director 01-Apr-2021Current
Harnandan Bains Country flag representing In Director 16-Dec-2020Current
Balwinder Bains Country flag representing In Director 16-Dec-2020Current

Financial Performance of Bains Innovation Labs.

Bains Innovation Labs Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 12.65% decrease. The company also saw a slight decrease in profitability, with a 8.44% decrease in profit. The company's net worth moved up by a moderate rise of 5.56%.

Bains Innovation Labs revenue growth over time
Bains Innovation Labs 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
-12.65%
Revenue from Operations
-12.65%
Total Assets
-28.60%
Profit or Loss
-8.44%
Net Worth
5.56%
EBITDA
-21.89%

What is the Ownership and Shareholding Structure of Bains Innovation Labs?

In 2021, Bains Innovation Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Bains Innovation Labs?

Unlock and access historical data on people associated with Bains Innovation Labs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bains Innovation Labs Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bains Innovation Labs, 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 Bains Innovation Labs'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 Bains Innovation Labs

Recent activity within the organization

  • Annual General Meeting

    Bains Innovation Labs Private Limited last Annual general meeting of members was held on 27 May 2024 as per latest MCA records.

  • Balance Sheet

    Bains Innovation Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Rajesh Kumar was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 11 months .

  • Director Appointment

    Harnandan Singh Bains was appointed as a Director was appointed as a Director on 16 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Balwinder Kaur Bains was appointed as a Director was appointed as a Director on 16 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Company Incorporation

    Bains Innovation Labs Private Limited was registered on 09 May 2019 with Roc Chandigarh & aged 5 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Bains Innovation Labs Private Limited?

    Bains Innovation Labs Private Limited was incorporated on 09 May 2019.

  • What is authorized share capital and paid-up capital of Bains Innovation Labs Private Limited?

    The authorized share capital of Bains Innovation Labs Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Bains Innovation Labs Private Limited?

    Currently 3 directors are associated with Bains Innovation Labs Private Limited.

    • Rajesh Kumar
    • Harnandan Singh Bains
    • Balwinder Kaur Bains

  • What is the registered address of Bains Innovation Labs Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bains Innovation Labs Private Limited is Scf-262 Ground Floor Devaji Plaza Vip Road Zirakpur, - India, Mohali, Punjab, 140603.

  • What is the corporate identification number (CIN) and company number of Bains Innovation Labs Private Limited?

    The corporate identification number (CIN) of Bains Innovation Labs Private Limited is U72900PB2019FTC049435 and the company number is 049435 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bains Innovation Labs Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Bains Innovation Labs Private Limited has fallen by -12.65%.

  • What change has been observed in the net worth of Bains Innovation Labs Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Bains Innovation Labs Private Limited has experienced an upsurge of 5.56%.

  • When was the last Balance Sheet of Bains Innovation Labs Private Limited filed with the ROC?

    The most recent Balance Sheet for Bains Innovation Labs Private Limited was filed with the ROC on 31 Mar 2024.

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