Startup India Government of India
Balendin Solutions Private Limited - information technology in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹94.7 Lakh
▼ 10% YoY
Net loss · FY 2022
₹11,902
Net margin -0.1%
EBITDA · FY 2022
₹4.99 Lakh
EBITDA margin 5.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Balendin Solutions Private Limited
Data last updated:
Balendin Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2018PTC309289. Its GSTIN is 27AAHCB8232F1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkata Satyanarayana Raju Pericherla and Bavala Pandu Rangarao.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 905 Mahaavir Icon Plot 79 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2022, the company reported a revenue of ₹94.7 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹11,902 (net margin -0.1%) and EBITDA of ₹4.99 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Balendin Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0141089). For more details, the company can be reached via its website balendin.in.
Company details
CIN U72200MH2018PTC309289
Registration Number 309289
Incorporation Date 11 May 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0141089
Recognitions & Rankings of Balendin Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-33-0141089
Contact details
Balendin Solutions Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is balendin.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 905 Mahaavir Icon Plot 79 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Balendin Solutions Private Limited, buy the company report.
Comprehensive company report
Balendin Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Balendin Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Balendin Solutions Private Limited, buy the company report.
Financials of Balendin Solutions Private Limited
FY 2022 filings availableBalendin Solutions Private Limited reported revenue of ₹94.7 Lakh (down 10% YoY) for FY 2022.
Revenue · FY 2022
₹94.7 Lakh ▼ 10%
Net loss · FY 2022
₹11,902 margin -0.1%
EBITDA · FY 2022
₹4.99 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 92%
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 19% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | ||||
| EBITDA | ₹4.99 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11,902 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.3% | |||
| Net Profit Margin | -0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Balendin Solutions Private Limited, buy the company report.
Board of directors of Balendin Solutions Private Limited
Balendin Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Satyanarayana Raju Pericherla | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Bavala Pandu Rangarao | Director | 11 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Balendin Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Martian Mobility India Private Limited | ₹95.13 Lakh (FY 2024) | -7.0% | Indore, Madhya Pradesh, India | |||
| Ormat Technologies Private Limited | ₹95.09 Lakh (FY 2025) | -7.0% | Bengaluru, Karnataka, India | |||
| Infiverve Technologies Private Limited | ₹95.04 Lakh (FY 2022) | 4298.0% | Nagpur, Maharashtra, India | |||
| Ingage Technologies Private Limited | ₹94.78 Lakh (FY 2025) | -82.0% | Chennai, Tamil Nadu, India | |||
| Pius Systems & Engineering Private Limited | ₹94.72 Lakh (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Balendin Solutions Private Limitedthis company | ₹94.7 Lakh (FY 2022) | -₹11,902 | -0.1% | -10.0% | Navi Mumbai, Maharashtra, India | |
| Acuvelocity India Private Limited | ₹94.62 Lakh (FY 2024) | 517.0% | Mysore, Karnataka, India | |||
| Welkin Digital Private Limited | ₹94.56 Lakh (FY 2024) | 97.0% | Chandanagar, Telangana, India | |||
| 18A Technologies Private Limited | ₹94.45 Lakh (FY 2025) | 12.0% | Secunderabad, Telangana, India | |||
| Cloutics Private Limited | ₹94.39 Lakh (FY 2020) | 9.0% | Chennai, Tamil Nadu, India | |||
| Infocom Software Private Limited | ₹94.37 Lakh (FY 2024) | -48.0% | Kanayannur, Kerala, India |
To see the full peer comparison of Balendin Solutions Private Limited, buy the company report.
Auditor
Balendin Solutions Private Limited is audited by SANDEEP SAWANT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP SAWANT & CO | FY 2020 | 129933W |
Shareholding
The shareholding of Balendin Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Balendin Solutions Private Limited, buy the company report.
Legal cases
Balendin Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by HDFC Bank Ltd Through Poa Suraj Narayane | Pending |
To see the full case history of Balendin Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balendin Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balendin Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB8232F1ZQ | Maharashtra | Active | 16 Nov 2018 |
To see the full GST registrations and return filing status of Balendin Solutions Private Limited, buy the company report.
Recent activity
Balendin Solutions Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Kriti Choudhary ceased to be Director on 02 Mar 2022.
AGM
Balendin Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Balendin Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Kriti Choudhary ceased to be Director.
Ceased
Bandaru Lakshmi Tulasi ceased to be Director.
Appointed
Venkata Satyanarayana Raju Pericherla was appointed as Director.
Ceased
Venkata Satyanarayana Raju Pericherla ceased to be Director.
Appointed
Bavala Pandu Rangarao was appointed as Director.
Incorporation
11 May 2018
Balendin Solutions Private Limited was registered on 11 May 2018 with Roc Mumbai & aged 8 years 5 months as per MCA records.
Frequently asked questions
Balendin Solutions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U72200MH2018PTC309289.
Balendin Solutions has 2 current directors:
- Venkata Satyanarayana Raju Pericherla - Director
- Bavala Pandu Rangarao - Director
The latest financial statements of Balendin Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Balendin Solutions is 27AAHCB8232F1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Balendin Solutions is U72200MH2018PTC309289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balendin Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Balendin Solutions was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Balendin Solutions by revenue are Martian Mobility India Private Limited, Ormat Technologies Private Limited, Infiverve Technologies Private Limited, Ingage Technologies Private Limited, Pius Systems & Engineering Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Kriti Choudhary ceased to be Director on 02 Mar 2022. Bandaru Lakshmi Tulasi ceased to be Director on 11 Nov 2021. Venkata Satyanarayana Raju Pericherla was appointed as Director on 11 Nov 2021. Balendin Solutions has 5 board changes on record in total.
Yes, Balendin Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Balendin Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0141089).