About Binate Solutions
Binate Solutions is a Technology company. Software development, quality assurance, and managed services are offered by the company to deliver reliable digital solutions. The company has 11 employees. Its Indian entity Binate Solutions Private Limited reported revenue of ₹2.56 Cr. Binate Solutions offers products and services including Application Development and Quality Assurance. Its focus areas include Information Technology, Software Services, Application Development and Custom Software Solutions.
Company details
Binate Solutions Private Limited is noted for its emphasis on application development, quality assurance, and managed services in the software industry. Quality software products are created that focus on delivering measurable results for clients, with a commitment to staying updated with industry standards. Transparency is maintained by being open about intentions, successes, and failures, while top talent is utilized to exceed expectations. Work is conducted to ensure it is measurable, meaningful, and aligned with client goals, promoting continuous iteration and improvement in digital experiences.
- Employees 11
- SectorsTechnology
- Website binate.in
- Legal Name Binate Solutions Private Limited
- Date of Incorporation 03 Sep, 2012
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹2.56 Cr
FY 2024 · +5% YoY
- Indian entity net profit₹2.2 Lakh
FY 2024 · 1% margin
- Indian entity EBITDA₹9.5 Lakh
FY 2024 · 4% margin
- Employee Count11
Associated legal entities of Binate Solutions
Binate Solutions operates through Binate Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Binate Solutions Private Limited CIN U62099KA2012PTC065705 | Active | 03 Sep 2012 | Bengaluru, Karnataka | ₹2.6 Cr | 11 | 2 | View details |
Products & Services of Binate Solutions
Binate Solutions offers a comprehensive portfolio of products and services, including Application Development and Quality Assurance.
Software applications are developed that are fast, effortless to use, and aesthetically pleasing to meet client needs.
Quality assurance is performed to test digital experiences and ensure products meet industry standards.
Board of directors of Binate Solutions Private Limited (Binate Solutions)
Binate Solutions Private Limited is the primary company behind Binate Solutions. The board of Binate Solutions Private Limited currently have 2 directors; the longest-serving is Shailesh Gambhir, appointed in 2015. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shailesh Gambhir DIN 07198601 | Director | 29 May 2015 | 11 yrs 5 mo | Binate Solutions Private Limited |
| Nirmala Gambhir DIN 07742853 | Director | 20 Feb 2017 | 9 yrs 8 mo | Binate Solutions Private Limited |
Financials of Binate Solutions
Figures of Binate Solutions Private Limited, the primary company behind Binate Solutions, for FY 2024. Revenue was ₹2.56 Cr (+5% year on year). Net profit was ₹2.2 Lakh (1% margin). EBITDA was ₹9.5 Lakh (4% margin). Revenue has grown at a compounded annual rate of +44% over three years and +13% over five years.
- ₹2.56 CrRevenue · FY 2024 · +5% YoY
- ₹2.2 LakhNet profit · 1% margin
- ₹9.5 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- 11Employees (provident fund records)
- +44%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Binate Solutions Private Limited are on its company page.
Detailed financial statements for Binate Solutions
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Frequently Asked Questions about Binate Solutions
Binate Solutions has 11 employees.
The primary company behind Binate Solutions, Binate Solutions Private Limited, reported revenue of ₹2.56 Cr for FY 2024, up 5% year on year.
Binate Solutions Private Limited is noted for its emphasis on application development, quality assurance, and managed services in the software industry. Quality software products are created that focus on delivering measurable results for clients, with a commitment to staying updated with industry standards. Transparency is maintained by being open about intentions, successes, and failures, while top talent is utilized to exceed expectations. Work is conducted to ensure it is measurable, meaningful, and aligned with client goals, promoting continuous iteration and improvement in digital experiences.
Binate Solutions offers Application Development and Quality Assurance.
Binate Solutions operates through Binate Solutions Private Limited.
The legal entities of Binate Solutions currently have 2 directors, including Nirmala Gambhir, Shailesh Gambhir.