Binary Infosystem Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.10 Cr
- Satisfied Charges ₹ 6.10 M
- Revenue Growth 62.32%
- Profit Growth 141.90%
- Ebitda 120.29%
- Net Worth 10.47%
- Total Assets 46.50%
About Binary Infosystem
Binary Infosystem Private Limited (BIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 February 2000 and has a history of 24 years and 11 months. Its registered office is in Chandigarh, 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹6.10 M, as per Ministry of Corporate Affairs (MCA) records.
Vijay Sharma and Hema Sharma serve as directors at the Company.
Company Details
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Location
Chandigarh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U72300CH2000PTC023399
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Company No.
023399
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Feb 2000
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Binary Infosystem Private Limited offer?
Binary Infosystem Private Limited offers a wide range of products and services, including Software Development Services, Customized Software Solution, Web Applications Services, Web Application Development, Software Development & IT Consultant, Content Management Service.
Who are the key members and board of directors at Binary Infosystem?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Sharma
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Director | 01-Nov-2003 | Current |
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Hema Sharma
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Director | 01-Nov-2003 | Current |
Financial Performance of Binary Infosystem.
Binary Infotech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.32% increase. The company also saw a substantial improvement in profitability, with a 141.9% increase in profit. The company's net worth Soared by an impressive increase of 10.47%.
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What is the Ownership and Shareholding Structure of Binary Infosystem?
In 2021, Binary Infosystem had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Kindlebit Global Private LimitedVijay Sharma is a mutual person
Charges (Loans)
₹11.00 M
₹6.10 M
Charges Breakdown by Lending Institutions
- Others : 1.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2023 | Others | ₹1.10 Cr | Open |
| 06 Feb 2012 | Union Bank Of India | ₹6.00 M | Satisfied |
| 06 Feb 2001 | Andhra Bank | ₹0.10 M | Satisfied |
How Many Employees Work at Binary Infosystem?
Unlock and access historical data on people associated with Binary Infosystem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Binary Infosystem, 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 Binary Infosystem's trajectory.
Rating
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
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.
