Binary Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.53 M
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.35 Cr
- Revenue Growth 32.77%
- Profit Growth -9.13%
- Ebitda -1502.99%
- Net Worth 13.42%
- Total Assets 39.05%
About Binary Solutions
Binary Solutions Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 1998 and has a history of 26 years and ten months. Its registered office is in Kolkata, West Bengal, 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 5.00 M and a paid-up capital of Rs 3.53 M.
The company currently has active open charges totaling ₹8.35 Cr.
Surinder Goel and Anjali Goel serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, 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
U74120WB1998PTC086774
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Company No.
086774
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Mar 1998
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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 Kolkata
Industry
What products or services does Binary Solutions Private Limited offer?
Binary Solutions Private Limited offers a wide range of products and services, including Electrical & Electronic Goods Rental, Electronic Equipment Rental, Business Consultant, Facility Management Services, Manpower Service, Contract Staffing Agency, HR Consultancy Services, Placement Service, Software Development Services, Embedded Software Services.
Who are the key members and board of directors at Binary Solutions?
Board Members (2)
Name | Designation | Appointment Date | Status |
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Surinder Goel
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Director | 18-Mar-1998 | Current |
Anjali Goel
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Director | 14-Dec-1998 | Current |
Financial Performance of Binary Solutions.
Binary Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.77% increase. The company also saw a slight decrease in profitability, with a 9.13% decrease in profit. The company's net worth Soared by an impressive increase of 13.42%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Binary Solutions?
In 2023, Binary Solutions 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](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹83.50 M
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 5.50 Cr
- Bank Of Baroda : 2.85 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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09 Feb 2023 | Yes Bank Limited | ₹5.50 Cr | Open |
29 Apr 2013 | Bank Of Baroda | ₹1.24 Cr | Open |
24 Jan 2001 | Bank Of Baroda | ₹1.61 Cr | Open |
How Many Employees Work at Binary Solutions?
Binary Solutions has a workforce of 271 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.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Binary Solutions, 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 Solutions's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.