Best Applications (India) Private Limited

IT company providing software consultancy, body shopping, e-commerce services and computer peripherals.

2015 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Best Applications (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -33.62%
  • Profit Growth -1408.52%
  • Ebitda -228.79%
  • Net Worth -84.76%
  • Total Assets -3.19%

About Best Applications (India)

Best Applications (India) Private Limited (BAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 August 2015 (Nine years and six months 16 days old ). Its registered office is in Kanchipuram, Tamil Nadu, 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 2021. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Annamalai Palaniappan and Subramanian Saravanan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2015PTC101759

  • Company No.

    101759

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 2015

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Best Applications (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Annamalai Palaniappan Country flag representing In Director 10-Aug-2015Current
Subramanian Saravanan Country flag representing In Director 10-Aug-2015Current

Financial Performance of Best Applications (India).

Best Applications (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 33.62% decrease. The company also saw a substantial fall in profitability, with a 1408.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 84.76%.

Graph illustrating revenue growth over time
Graph showing 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
-33.62%
Revenue from Operations
-33.79%
Total Assets
-3.19%
Profit or Loss
-1408.52%
Net Worth
-84.76%
EBITDA
-228.79%

What is the Ownership and Shareholding Structure of Best Applications (India)?

In 2019, Best Applications (India) 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 Best Applications (India)?

Best Applications (India) has a workforce of 2 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Applications (India), 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 Best Applications (India)'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 Best Applications (India)

Recent activity within the organization

  • Annual General Meeting

    Best Applications (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Best Applications (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Director Appointment

    Annamalai Palaniappan was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Director Appointment

    Subramanian Saravanan was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Company Incorporation

    Best Applications (India) Private Limited was registered on 10 Aug 2015 with Roc Chennai & aged 9 years 6 months as per MCA records.

    10 Aug 2015

Frequently asked questions

  • Best Applications (India) Private Limited was incorporated on 10 Aug 2015.

  • The authorized share capital of Best Applications (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Best Applications (India) Private Limited.

    • Annamalai Palaniappan
    • Subramanian Saravanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Applications (India) Private Limited is 1/20, Balambegai Nagar 4Th Street Ramapuram India, Chennai, Tamil Nadu, 600089.

  • The corporate identification number (CIN) of Best Applications (India) Private Limited is U74900TN2015PTC101759 and the company number is 101759 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Best Applications (India) Private Limited has fallen by -33.62%.

  • As Per 2020 financial reports, 2 employees are currently employed by Best Applications (India) Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Best Applications (India) Private Limited has experienced an downturn of -84.76%.

  • The most recent Balance Sheet for Best Applications (India) Private Limited was filed with the ROC on 31 Mar 2021.