Startup India Government of India
Balxic Business Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹55.76 Lakh
Latest filing
Net loss · FY 2019
₹13.96 Lakh
Net margin -25%
EBITDA · FY 2019
-₹13.78 Lakh
EBITDA margin -24.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Balxic Business Solutions Private Limited
Data last updated:
Balxic Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC111541. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vinod Kumar Bansal and Alka Bansal.
Its last annual general meeting (AGM) was held on 18 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹55.76 Lakh. For the same year it recorded a net loss of ₹13.96 Lakh (net margin -25%) and EBITDA of -₹13.78 Lakh (EBITDA margin -24.7%).
For more details, the company can be reached via its website balxic.com.
Company details
CIN U72900KA2018PTC111541
Registration Number 111541
Incorporation Date 22 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 December 2019
Date of Balance Sheet 31 March 2019
DPIIT Recognition Recognised Startup
Key People
Vinod Kumar Bansal Director Alka Bansal Director Recognitions & Rankings of Balxic Business Solutions
Contact details
Balxic Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is balxic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJaya Plaza No.2 3rd Floor Kothanpur Main Road J.P. Nagar 7th Phas, E, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Balxic Business Solutions Private Limited, buy the company report.
Comprehensive company report
Balxic Business 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 Balxic Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Balxic Business Solutions Private Limited, buy the company report.
Financials of Balxic Business Solutions Private Limited
FY 2019 filings availableBalxic Business Solutions Private Limited reported revenue of ₹55.76 Lakh for FY 2019.
Revenue · FY 2019
₹55.76 Lakh
Net loss · FY 2019
₹13.96 Lakh margin -25%
EBITDA · FY 2019
-₹13.78 Lakh margin -24.7%
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹55.76 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹13.78 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.96 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -24.7% | |
| Net Profit Margin | -25% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Balxic Business Solutions Private Limited, buy the company report.
Board of directors of Balxic Business Solutions Private Limited
Balxic Business 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 |
|---|---|---|---|---|
| Vinod Kumar Bansal Also directs: SM Squares Technologies Private Limited | Director | 22 Mar 2018 | 8 Years 7 Months | Current |
| Alka Bansal | Director | 18 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Balxic Business Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Applios Studio.Com Private Limited | ₹55.8 Lakh (FY 2024) | -9.0% | Mandi, Himachal Pradesh, India | |||
| Eclatron Technologies Private Limited | ₹55.8 Lakh (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Tropogo Technologies Private Limited | ₹55.79 Lakh (FY 2025) | -71.0% | Bengaluru, Karnataka, India | |||
| Qrtize India Private Limited | ₹55.78 Lakh (FY 2022) | 225.0% | Hyderabad, Telangana, India | |||
| Balxic Business Solutions Private Limitedthis company | ₹55.76 Lakh (FY 2019) | -₹13.96 Lakh | -25% | Bangalore, Karnataka, India | ||
| Silicon Infovision Private Limited | ₹55.74 Lakh (FY 2025) | -18.0% | Surat, Gujarat, India | |||
| A3 Tech (India) Private Limited | ₹55.73 Lakh (FY 2025) | 153.0% | Ahmedabad, Gujarat, India | |||
| Nucleon AI Private Limited | ₹55.73 Lakh (FY 2020) | 97.0% | Pune, Maharashtra, India | |||
| Iqz Designs Private Limited | ₹55.72 Lakh (FY 2025) | -38.0% | Bengaluru, Karnataka, India | |||
| Daasmya Informatics Private Limited | ₹55.69 Lakh (FY 2023) | 47.0% | Ayyanthole, Kerala, India |
To see the full peer comparison of Balxic Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Balxic Business Solutions 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 Balxic Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balxic Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Balxic Business Solutions Private Limited, buy the company report.
Recent activity
Balxic Business Solutions Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Alka Bansal ceased to be Additional Director on 18 Dec 2019.
AGM
Balxic Business Solutions Private Limited last Annual general meeting of members was held on 18 Dec 2019 as per latest MCA records.
Ceased
Alka Bansal ceased to be Additional Director.
Appointed
Alka Bansal was appointed as Director.
Ceased
Kedar Nath Verma ceased to be Director.
Ceased
Ranveer Singh Lodhi ceased to be Director.
Filing
Balxic Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Appointed
Vinod Kumar Bansal was appointed as Director.
Incorporation
22 Mar 2018
Balxic Business Solutions Private Limited was registered on 22 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.
Frequently asked questions
Balxic Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 March 2018 (8+ years old) and is registered under CIN U72900KA2018PTC111541.
Balxic Business Solutions has 2 current directors:
- Vinod Kumar Bansal - Director
- Alka Bansal - Director
The latest financial statements of Balxic Business Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 18 December 2019. Year-wise statements from FY 2018 are in the company report.
No. Balxic Business Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Balxic Business Solutions is U72900KA2018PTC111541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balxic Business Solutions was incorporated on 22 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Balxic Business Solutions by revenue are Applios Studio.Com Private Limited, Eclatron Technologies Private Limited, Tropogo Technologies Private Limited, Qrtize India Private Limited, Silicon Infovision Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Alka Bansal ceased to be Additional Director on 18 Dec 2019. Alka Bansal was appointed as Director on 18 May 2019. Kedar Nath Verma ceased to be Director on 18 May 2019. Balxic Business Solutions has 5 board changes on record in total.
Yes, Balxic Business Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Balxic Business Solutions can be reached through the website balxic.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Balxic Business Solutions is at Jaya Plaza No.2 3rd Floor Kothanpur Main Road J.P. Nagar 7th Phas, E, Bangalore, Karnataka, India – 560078.
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