Binary Software Solutions India Private Limited

Founded in 1998 and headquartered in Madhya Pradesh, India.

1998 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 03, 2024

Binary Software Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth -66.13%
  • Profit Growth -84.65%
  • Ebitda -34.21%
  • Net Worth 2.48%
  • Total Assets 1.00%

About Binary Software Solutions India

Binary Software Solutions India Private Limited (BSSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 August 1998 and has a history of 26 years and five months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Electrnoics 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 0.10 M.

The company has closed loans amounting to ₹6.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sarita Baheti, Kirti Baheti, Shantadevi Baheti, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30007MP1998PTC013030

  • Company No.

    013030

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Electrnoics

Who are the key members and board of directors at Binary Software Solutions India?

Board Members (4)

NameDesignationAppointment DateStatus
Dharmendra Jain Country flag representing In Director 02-Sep-2017Current
Sarita Baheti Country flag representing In Director 27-Aug-1998Current
Kirti Baheti Country flag representing In Whole-Time Director 30-Nov-2002Current
Shantadevi Baheti Country flag representing In Director 27-Aug-1998Current

Financial Performance of Binary Software Solutions India.

Binary Software Solutions India Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 66.13% decrease. The company also saw a substantial fall in profitability, with a 84.65% decrease in profit. The company's net worth moved up by a moderate rise of 2.48%.

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
-66.13%
Revenue from Operations
8.78%
Total Assets
1.00%
Profit or Loss
-84.65%
Net Worth
2.48%
EBITDA
-34.21%

What is the Ownership and Shareholding Structure of Binary Software Solutions India?

In 2016, Binary Software Solutions India had a promoter holding of 99.80% and a public holding of 0.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹60.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2008Standard Chartered Bank₹6.00 CrSatisfied

How Many Employees Work at Binary Software Solutions India?

Binary Software Solutions India has a workforce of 1 employees as of Apr 06, 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 Binary Software Solutions 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 Binary Software Solutions 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 Binary Software Solutions India

Recent activity within the organization

  • Annual General Meeting

    Binary Software Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Binary Software Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Dharmendra Jain was appointed as a Director was appointed as a Director on 02 Sep 2017 & has been associated with this company since 7 years 5 months .

    02 Sep 2017

  • Charges

    A charge registered on 30 Aug 2008 via Charge ID 10121471 with Standard Chartered Bank was fully satisfied on 08 Dec 2009.

    08 Dec 2009

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 60.00 M with Charge ID 10121471 was registered on 30 Aug 2008.

    30 Aug 2008

  • Director Appointment

    Kirti Kumar Baheti was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Nov 2002 & has been associated with this company since 22 years 2 months .

    30 Nov 2002

Frequently asked questions

  • Binary Software Solutions India Private Limited was incorporated on 27 Aug 1998.

  • The authorized share capital of Binary Software Solutions India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Binary Software Solutions India Private Limited.

    • Sarita Baheti
    • Kirti Kumar Baheti
    • Shantadevi Baheti
    • Dharmendra Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Binary Software Solutions India Private Limited is 101, Bansi Trade Centre India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Binary Software Solutions India Private Limited is U30007MP1998PTC013030 and the company number is 013030 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Binary Software Solutions India Private Limited has fallen by -66.13%.

  • As Per 2020 financial reports, 1 employees are currently employed by Binary Software Solutions India Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Binary Software Solutions India Private Limited has experienced an upsurge of 2.48%.

  • The most recent Balance Sheet for Binary Software Solutions India Private Limited was filed with the ROC on 31 Mar 2024.