Best Buy Software & Solutions Private Limited

Best Buy Software & Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2012PTC239158 Incorporated 28 December 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹1.69 Cr
▼ 57% YoY
Net loss · FY 2019
₹23.14 Lakh
Net margin -13.7%
EBITDA · FY 2019
-₹15.68 Lakh
EBITDA margin -9.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Best Buy Software & Solutions Private Limited

Data last updated:

Best Buy Software & Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 28 December 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC239158. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nadeem Bashiruddin Shaikh and Fouzia Nadeem Shaikh.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 802 The Meadowpark, Mumbai, Maharashtra.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.69 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹23.14 Lakh (net margin -13.7%) and EBITDA of -₹15.68 Lakh (EBITDA margin -9.3%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.

As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Best Buy Software & Solutions Private Limited
CIN U74120MH2012PTC239158
Registration Number 239158
Incorporation Date 28 December 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    801/802 The Meadowpark 2 Chsl Off. S.V.Road Opp. 24 Karat Aqsa Masjid Road Jogeshw, Ari (West), Mumbai, Maharashtra, India – 400102
  • Industry
    Information Technology, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Best Buy Software & Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Best Buy Software & Solutions Private Limited

The main business activity of Best Buy Software & Solutions is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Best Buy Software & Solutions Private Limited FY 2019 filings available

Best Buy Software & Solutions Private Limited reported revenue of ₹1.69 Cr (down 57% YoY) for FY 2019.

Revenue · FY 2019
₹1.69 Cr ▼ 57%
Net loss · FY 2019
₹23.14 Lakh margin -13.7%
EBITDA · FY 2019
-₹15.68 Lakh margin -9.3%

Compounded Annual Growth Rate (CAGR) of Best Buy Software & Solutions Private Limited

Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 44%

Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 57% fall in the latest year. EBITDA rose 12% 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 of Best Buy Software & Solutions Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.69 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹15.68 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹23.14 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 of Best Buy Software & Solutions Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-9.3%••••••••••••••••
Net Profit Margin-13.7%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Best Buy Software & Solutions are in the company report.

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Financial statements from 2015

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Peer Comparison of Best Buy Software & Solutions Private Limited

Best Buy Software & Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gizmo Trendz Private Limited₹1.69 Cr (FY 2018)••••••••-27.0%••••Faridabad, Haryana, India
Airborne Aero Services Private Limited₹1.69 Cr (FY 2018)••••••••4466.0%••••New Delhi, Delhi, India
Arcelor Technology Private Limited₹1.69 Cr (FY 2025)••••••••119.0%••••Dhule, Maharashtra, India
Hariwill Electronics India Private Limited₹1.69 Cr (FY 2025)••••••••44.0%••••Lucknow, Uttar Pradesh, India
Hanyoung Chemical & Engineering Private Limited₹1.69 Cr (FY 2025)••••••••2567.0%••••Noida, Uttar Pradesh, India
Best Buy Software & Solutions Private Limited this company₹1.69 Cr (FY 2019)••••••••-57.0%••••Mumbai, Maharashtra, India
Spree Technologies Private Limited₹1.68 Cr (FY 2025)••••••••62.0%••••Bangalore, Karnataka, India
Ddmy Enterprise Private Limited₹1.68 Cr (FY 2024)••••••••-66.0%••••Mumbai, Maharashtra, India
Cortex Softech Private Limited₹1.68 Cr (FY 2018)••••••••10.0%••••New Delhi, Delhi, India
Iqsoft Technologies Private Limited₹1.68 Cr (FY 2024)••••••••78.0%••••Bangalore, Karnataka, India
M S Compserve Private Limited₹1.67 Cr (FY 2025)••••••••-16.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Best Buy Software & Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Best Buy Software & Solutions Private Limited

Best Buy Software & Solutions Private Limited is audited by RAVIRAJ D. SHETTY for the financial year 2019.

NameStatusAppointment DateCessation Date
RAVIRAJ D. SHETTYLockedLockedLocked
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Board of Directors of Best Buy Software & Solutions Private Limited

Best Buy Software & Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nadeem Bashiruddin ShaikhDirector23 Nov 201312 Years 10 MonthsCurrent
Fouzia Nadeem ShaikhDirector28 Dec 201213 Years 9 MonthsCurrent

Ownership and Shareholding of Best Buy Software & Solutions Private Limited

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Charges & Borrowings of Best Buy Software & Solutions Private Limited

Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Karnataka Bank Limited₹0.50 Cr
Latest charge details
DateLenderAmountStatus
09 Jan 2014Karnataka Bank Limited₹50 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Best Buy Software & Solutions Private Limited

Employment history and EPFO contributions of people linked to Best Buy Software & Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Best Buy Software & Solutions Private Limited

Best Buy Software & Solutions Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Zuber Khatri Akbar Husain ceased to be Director on 20 Apr 2019.

AGM
Best Buy Software & Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Zuber Khatri Akbar Husain ceased to be Director.
Filing
Best Buy Software & Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I.
Charges
A charge with Karnataka Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 10471854 was registered on 09 Jan 2014.
Appointed
Nadeem Bashiruddin Shaikh was appointed as Director.
Appointed
Fouzia Nadeem Shaikh was appointed as Director.
Incorporation
28 Dec 2012
Best Buy Software & Solutions Private Limited was registered on 28 Dec 2012 with Roc Mumbai I & aged 13 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Best Buy Software & Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Best Buy Software & Solutions Private Limited

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Subsidiaries & Group Companies of Best Buy Software & Solutions Private Limited

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GST Compliance of Best Buy Software & Solutions Private Limited

Best Buy Software & 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
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GST registrations and filing compliance

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MCA Filings & Documents of Best Buy Software & Solutions Private Limited

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Frequently Asked Questions about Best Buy Software & Solutions Private Limited

Best Buy Software & Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 28 December 2012 (14+ years old) and is registered under CIN U74120MH2012PTC239158.

Best Buy Software & Solutions reported revenue of ₹1.69 Cr for FY 2019 (down 57% YoY).

Best Buy Software & Solutions has 2 current directors:

Best Buy Software & Solutions reported a net loss of ₹23.14 Lakh (net margin -13.7%) and EBITDA of -₹15.68 Lakh (EBITDA margin -9.3%) for FY 2019, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Best Buy Software & Solutions is -41% over three years. In the latest year (FY 2019) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.

No. Best Buy Software & Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Best Buy Software & Solutions is U74120MH2012PTC239158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Best Buy Software & Solutions has 1 court case on record: 1 filed against it.

Best Buy Software & Solutions was incorporated on 28 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Best Buy Software & Solutions by revenue are Gizmo Trendz Private Limited, Airborne Aero Services Private Limited, Arcelor Technology Private Limited, Hariwill Electronics India Private Limited, Hanyoung Chemical & Engineering Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).

Zuber Khatri Akbar Husain ceased to be Director on 20 Apr 2019. Nadeem Bashiruddin Shaikh was appointed as Director on 23 Nov 2013. Fouzia Nadeem Shaikh was appointed as Director on 28 Dec 2012.

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