Binary Infotech Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 32 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.92 M
- Revenue Growth 142.78%
- Profit Growth 161.41%
- Ebitda 17.91%
- Net Worth 16.36%
- Total Assets 10.82%
About Binary Infotech
Binary Infotech Private Limited (BIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 March 1992 and has a history of 32 years and ten months. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹9.92 M.
Harish Shetty and Vidya Shetty serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U30007KA1992PTC012975
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Company No.
012975
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Mar 1992
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Binary Infotech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vidya Shetty
|
Managing Director | 23-Mar-1992 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Harish Shetty
|
Director | 23-Mar-1992 | Current |
Financial Performance of Binary Infotech.
Binary Infotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.78% increase. The company also saw a substantial improvement in profitability, with a 161.41% increase in profit. The company's net worth Soared by an impressive increase of 16.36%.
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What is the Ownership and Shareholding Structure of Binary Infotech?
In 2023, Binary Infotech had a promoter holding of 90.00% and a public holding of 10.00%. 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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Touche Golf Club Private LimitedHarish Shetty is a mutual person
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Touche Golf Sports Private LimitedHarish Shetty is a mutual person
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Binary Systems Private LimitedHarish Shetty and Vidya Shetty are mutual person
Charges (Loans)
₹9.92 M
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 0.72 Cr
- Uco Bank : 0.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2012 | Canara Bank | ₹7.20 M | Open |
| 06 Jan 2003 | Uco Bank | ₹1.36 M | Open |
| 06 Jan 1993 | Uco Bank | ₹1.36 M | Open |
How Many Employees Work at Binary Infotech?
Binary Infotech has a workforce of 2 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Binary Infotech, 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 Infotech'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.
