Binco Constructions Private Limited

Construction and infrastructure development company executing irrigation projects for Karnataka State Government.

1989 | Null, Null (India) | Active
Last Updated: February 10, 2025

Binco Constructions Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 165.59 Cr
  • Revenue Growth -65.38%
  • Profit Growth 239.43%
  • Ebitda -36.03%
  • Net Worth 1.28%
  • Total Assets 0.38%

About Binco Constructions

Binco Constructions Private Limited (BCPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 August 1989 and has a history of 35 years and six months. Its registered office is in Null, Null, India.

The Company is engaged in the Infrastructure And Utilities 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 10.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹165.59 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Bamdev Nayak, Manojh Nayak, and Mamatha Nayak serve as directors at the Company.

Company Details

  • Location

    Null, Null, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bngroup.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1989PTC010283

  • Company No.

    010283

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Binco Constructions?

Executive Team (1)

Name Designation Appointment Date Status
Bamdev Nayak Country flag representing In Managing Director 02-Aug-1989 Current

Board Members (2)

Name Designation Appointment Date Status
Manojh Nayak Country flag representing In Director 04-Apr-2005 Current
Mamatha Nayak Country flag representing In Director 12-Dec-2011 Current

Financial Performance of Binco Constructions.

Binco Constructions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.38% decrease. The company also saw a substantial improvement in profitability, with a 239.43% increase in profit. The company's net worth moved up by a moderate rise of 1.28%.

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
-65.38%
Revenue from Operations
-100.00%
Total Assets
0.38%
Profit or Loss
239.43%
Net Worth
1.28%
EBITDA
-36.03%

What is the Ownership and Shareholding Structure of Binco Constructions?

In 2023, Binco Constructions 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

₹0

Satisfied Charges

₹165.59 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 74.00 Cr
  • Union Bank Of India : 65.50 Cr
  • Industrial Development Bank Of India : 20.00 Cr
  • Srei Equipment Finance Private Limited : 4.67 Cr
  • Kotak Mahindra Bank Limited : 0.77 Cr
  • Others : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
28 Apr 2012 State Bank Of India ₹38.00 Cr Satisfied
15 May 2010 Srei Equipment Finance Private Limited ₹1.40 Cr Satisfied
22 Jan 2010 Srei Equipment Finance Private Limited ₹3.27 Cr Satisfied
21 Jan 2009 Kotak Mahindra Bank Limited ₹7.65 M Satisfied
19 Nov 2007 State Bank Of India ₹36.00 Cr Satisfied

How Many Employees Work at Binco Constructions?

Binco Constructions has a workforce of 0 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 Binco Constructions, 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 Binco Constructions'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 Binco Constructions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Binco Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 28 Apr 2012 via Charge ID 10356663 with State Bank Of India was fully satisfied on 16 Oct 2019.

    16 Oct 2019

  • Charges

    A charge registered on 19 Nov 2007 via Charge ID 10081333 with State Bank Of India was fully satisfied on 16 Oct 2019.

    16 Oct 2019

  • Charges

    A charge registered on 01 Mar 2007 via Charge ID 10040480 with Industrial Development Bank Of India was fully satisfied on 09 Nov 2012.

    09 Nov 2012

  • Charges

    A charge registered on 09 Nov 2004 via Charge ID 90198506 with Union Bank Of India was fully satisfied on 31 Oct 2012.

    31 Oct 2012

Frequently asked questions

  • Binco Constructions Private Limited was incorporated on 02 Aug 1989.

  • The authorized share capital of Binco Constructions Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with Binco Constructions Private Limited.

    • Bamdev Nayak
    • Manojh Koomar Nayak
    • Mamatha Kumari Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Binco Constructions Private Limited is Flat No.129 G Block Neeladri Mahal Apts 45/9 Nandidurga Road Jayamahal Extens Ion, India, Bangalore, Karnataka, 560046.

  • The corporate identification number (CIN) of Binco Constructions Private Limited is U85110KA1989PTC010283 and the company number is 010283 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Binco Constructions Private Limited is https://www.bngroup.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Binco Constructions Private Limited has fallen by -65.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Binco Constructions Private Limited has experienced an upsurge of 1.28%.

  • The most recent Balance Sheet for Binco Constructions Private Limited was filed with the ROC on 31 Mar 2023.

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