Bains Innovation Labs Private Limited
About Bains Innovation Labs Private Limited
Data last updated:
Bains Innovation Labs Private Limited is a foreign private limited company based in Mohali, Punjab, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 May 2019.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2019FTC049435. Its GSTIN is 03AAICB4358D1Z0 (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Balwinder Kaur Bains and Rajesh Kumar.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Scf – 262 Ground Floor Devaji Plaza Vip Road Zirakpur Mohali – 140603, Punjab, India – 140603.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.27 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹77,424 (net margin 1.3%) and EBITDA of ₹1.06 Lakh (EBITDA margin 1.8%).
Company details
Contact details
Bains Innovation Labs Private Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressScf – 262 Ground Floor Devaji Plaza Vip Road Zirakpur Mohali – 140603, Punjab, India – 140603
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Bains Innovation Labs Private Limited, buy the company report.
- 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
Business activity
The main business activity of Bains Innovation Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Bains Innovation Labs Private Limited, buy the company report.
Financials of Bains Innovation Labs Private Limited
FY 2025 filings availableBains Innovation Labs Private Limited reported revenue of ₹58.27 Lakh (down 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA fell 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹58.27 Lakh | ||
| Other Income | |||
| Total Revenue | |||
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| Total Expenses | |||
| EBITDA | ₹1.06 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹77,424 | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | ||
| Net Profit Margin | 1.3% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Bains Innovation Labs Private Limited, buy the company report.
Board of directors of Bains Innovation Labs Private Limited
Bains Innovation Labs has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balwinder Kaur Bains | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Rajesh Kumar | Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Harnandan Singh Bains | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Bains Innovation Labs Private Limited is audited by A J A & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J A & CO | FY 2021 | 025827C |
Shareholding
The shareholding of Bains Innovation Labs Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bains Innovation Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bains Innovation Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bains Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bains Innovation Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICB4358D1Z0 | Punjab | Active | 13 Jul 2019 |
To see the full GST registrations and return filing status of Bains Innovation Labs Private Limited, buy the company report.
Recent activity
Bains Innovation Labs Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Balwinder Kaur Bains ceased to be Additional Director on 30 Aug 2021.
Frequently asked questions
Bains Innovation Labs is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Bains Innovation Labs is a company pending strike off, currently registered as a foreign private limited company based in Mohali, Punjab, India. The company works in software development and support services, within the information technology industry. It was incorporated on 09 May 2019 and is registered under CIN U72900PB2019FTC049435. The company may be struck off soon - caution is advised.
Bains Innovation Labs has 3 current directors:
- Balwinder Kaur Bains - Director
- Rajesh Kumar - Director
- Harnandan Singh Bains - Director
The CIN (Corporate Identification Number) of Bains Innovation Labs is U72900PB2019FTC049435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bains Innovation Labs was incorporated on 09 May 2019. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Bains Innovation Labs is at Scf – 262 Ground Floor Devaji Plaza Vip Road Zirakpur Mohali – 140603, Punjab, India – 140603.
The latest financial statements of Bains Innovation Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Bains Innovation Labs is 03AAICB4358D1Z0, registered in Punjab.
Bains Innovation Labs operates in the information technology industry, in the software development and support services segment.
Balwinder Kaur Bains ceased to be Additional Director on 30 Aug 2021. Harnandan Singh Bains ceased to be Additional Director on 30 Aug 2021. Rajesh Kumar ceased to be Additional Director on 30 Aug 2021. Bains Innovation Labs has 8 board changes on record in total.
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