Binary Advantage Private Limited
About Binary Advantage Private Limited
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Binary Advantage Private Limited was a private limited company based in Raipur, Chhattisgarh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and IT solutions segment of the software and technology sector. It was incorporated on 22 August 2005.
The company was registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U72200CT2005PTC017885.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rajnish Nashine and Ravi Kishore Hari Krishna Nashine.
Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office was at Plot No. 19 Kailash Residency Meera Datar Road Shanker Nagar, Raipur, Chhattisgarh, India.
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- Registered AddressPlot No. 19 Kailash Residency Meera Datar Road Shanker Nagar, Raipur, Chhattisgarh, India
- IndustrySoftware, Software Development, Software Publishing
- 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
- One PDF report, delivered after checkout
Financials of Binary Advantage Private Limited FY 2011 filings available
Financial Statement Summary of Binary Advantage Private Limited
| Metrics | FY 2010-11 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 Binary Advantage Private Limited
| Metrics | FY 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 Binary Advantage are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Binary Advantage Private Limited
Binary Advantage has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnish Nashine | Director | 11 Jan 2010 | 16 Years 9 Months | As last reported |
| Ravi Kishore Hari Krishna Nashine | Director | 11 Jan 2010 | 16 Years 9 Months | As last reported |
Charges & Borrowings of Binary Advantage Private Limited
Binary Advantage Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Binary Advantage Private Limited
Employment history and EPFO contributions of people linked to Binary Advantage.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Binary Advantage Private Limited
Binary Advantage Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Rajnish Nashine ceased to be Additional Director on 30 Sep 2010.
Credit Ratings, Litigation & Regulatory Alerts for Binary Advantage Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Binary Advantage Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Binary Advantage Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Binary Advantage Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Binary Advantage Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Binary Advantage Private Limited
Binary Advantage has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Binary Advantage was a private limited company based in Raipur, Chhattisgarh, India. The company worked in software development, within the software industry. It was incorporated on 22 August 2005 and is registered under CIN U72200CT2005PTC017885. The company has been struck off by the Registrar of Companies and is no longer operational.
Binary Advantage had 2 directors:
- Rajnish Nashine - Director
- Ravi Kishore Hari Krishna Nashine - Director
The CIN (Corporate Identification Number) of Binary Advantage is U72200CT2005PTC017885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Binary Advantage is at Plot No. 19 Kailash Residency Meera Datar Road Shanker Nagar, Raipur, Chhattisgarh, India.
Binary Advantage was incorporated on 22 August 2005. It is registered with the Registrar of Companies, Chhattisgarh.
Binary Advantage has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Binary Advantage operated in the software industry, in the software development segment. It worked in this industry before it was struck off.
No. Binary Advantage is not listed on any stock exchange. It is an unlisted company.
Rajnish Nashine ceased to be Additional Director on 30 Sep 2010. Ravi Kishore Hari Krishna Nashine ceased to be Additional Director on 30 Sep 2010. Preeti Shaha ceased to be Director on 16 Feb 2010. Binary Advantage has 6 board changes on record in total.