Binary Solutions Private Limited

IT solutions and services company offering computer trading, repair, consulting, and support to various industries.

1998 | Kolkata, West Bengal (India) | Active
Last Updated:

Binary Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.53 M
  • Company Age 27 Year, 1 Month
  • 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 27 years and one month. 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

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120WB1998PTC086774

  • Company No.

    086774

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Information Technology

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.

Company report

Binary Solutions Private Limited

Explore comprehensive data for Binary Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Surinder Goel Country flag representing In Director 18-Mar-1998Current
Anjali Goel Country flag representing In Director 14-Dec-1998Current

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%.

Binary Solutions revenue growth over time
Binary Solutions 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
32.77%
Revenue from Operations
33.11%
Total Assets
39.05%
Profit or Loss
-9.13%
Net Worth
13.42%
EBITDA
-1502.99%

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

Charges (Loans)

Open Charges

₹83.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 5.50 Cr
  • Bank Of Baroda : 2.85 Cr

Latest Charge Details

DateLenderAmountStatus
09 Feb 2023Yes Bank Limited₹5.50 CrOpen
29 Apr 2013Bank Of Baroda₹1.24 CrOpen
24 Jan 2001Bank Of Baroda₹1.61 CrOpen

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.

Employee growth trends for Binary Solutions Private Limited

Deals i

Graph showing company valuation over time

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

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 Solutions

Recent activity within the organization

  • Annual General Meeting

    Binary Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Binary Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 55.00 M with Charge ID 100688260 was registered on 09 Feb 2023.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 12.40 M with Charge ID 10427486 was registered on 29 Apr 2013.

  • Charges

    A charge with Bank Of Baroda of Rs. 16.10 M registered on 24 Jan 2001 with Charge ID 80034329 was modified on 24 Dec 2012.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 16.10 M with Charge ID 80034329 was registered on 24 Jan 2001.

Frequently asked questions

  • What is the Incorporation or founding date of Binary Solutions Private Limited?

    Binary Solutions Private Limited was incorporated on 18 Mar 1998.

  • What is authorized share capital and paid-up capital of Binary Solutions Private Limited?

    The authorized share capital of Binary Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.53 M.

  • Who are the current board members & directors of Binary Solutions Private Limited?

    Currently 2 directors are associated with Binary Solutions Private Limited.

    • Surinder Goel
    • Anjali Goel
  • What is the registered address of Binary Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Binary Solutions Private Limited is 2 Circus Market Place, Kolkata, West Bengal, India, 700017.

  • What is the corporate identification number (CIN) and company number of Binary Solutions Private Limited?

    The corporate identification number (CIN) of Binary Solutions Private Limited is U74120WB1998PTC086774 and the company number is 086774 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Binary Solutions Private Limited?

    The Official website of Binary Solutions Private Limited is https://www.binary.co.in

  • What has been the recent revenue trend for Binary Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Binary Solutions Private Limited has risen by 32.77%.

  • How many employees does Binary Solutions Private Limited currently have?

    As Per 2023 financial reports, 271 employees are currently employed by Binary Solutions Private Limited.

  • What change has been observed in the net worth of Binary Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Binary Solutions Private Limited has experienced an upsurge of 13.42%.

  • What are the total open charges for Binary Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Binary Solutions Private Limited amount to ₹ 8.35 Cr.

  • When was the last Balance Sheet of Binary Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Binary Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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