MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0164901
Binary Apparel Park Private Limited - real estate and construction in Hiriyur, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.34 Cr
▼ 1% YoY
Net profit · FY 2025
₹81.19 Lakh
Net margin 24.3%
EBITDA · FY 2025
₹2.89 Cr
EBITDA margin 86.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹92.08 Lakh
Issued & subscribed
Open charges
₹7.43 Cr
Satisfied ₹12.06 Cr
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Binary Apparel Park Private Limited
Data last updated:
Binary Apparel Park Private Limited is a private limited company based in Hiriyur, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2010PTC054186. Its GSTIN is 29AAECB1632L1ZM (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.08 Lakh. It is led by directors including Vijay Kumar Kaverappa and Srinivas Kaverappa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #205 NH – 4 Main Road K.R.Halli J.G. Halli, Hiriyur, Karnataka, India – 577511.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.34 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹81.19 Lakh (net margin 24.3%) and EBITDA of ₹2.89 Cr (EBITDA margin 86.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹7.43 Cr and satisfied charges of ₹12.06 Cr on record.
Binary Apparel Park Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0164901). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binaryapparelpark.com.
Company details
CIN U45201KA2010PTC054186
Registration Number 054186
Incorporation Date 23 June 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0164901
Key People
Vijay Kumar Kaverappa Director Srinivas Kaverappa Director Prakash Shivalingappa Nominee Director Recognitions & Rankings of Binary Apparel Park
Contact details
Binary Apparel Park Private Limited's registered office is in Hiriyur, Karnataka. Its website is binaryapparelpark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#205 NH – 4 Main Road K.R.Halli J.G. Halli, Hiriyur, Karnataka, India – 577511
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Binary Apparel Park Private Limited, buy the company report.
Comprehensive company report
Binary Apparel Park 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 Binary Apparel Park is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Binary Apparel Park Private Limited, buy the company report.
Financials of Binary Apparel Park Private Limited
FY 2025 filings availableBinary Apparel Park Private Limited reported revenue of ₹3.34 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹3.34 Cr ▼ 1%
Net profit · FY 2025
₹81.19 Lakh margin 24.3%
EBITDA · FY 2025
₹2.89 Cr margin 86.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 3%
5 years · compounded
▲ 3%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹81.19 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.6% | ||||
| Net Profit Margin | 24.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Binary Apparel Park Private Limited, buy the company report.
Board of directors of Binary Apparel Park Private Limited
Binary Apparel Park has 3 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 |
|---|---|---|---|---|
| Vijay Kumar Kaverappa | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
| Srinivas Kaverappa Also directs: Binary Apparel Tecknics India Private Limited | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
| Prakash Shivalingappa | Nominee Director | 20 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Binary Apparel Park Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Apparel, Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Space Cube Infra Private Limited | ₹3.34 Cr (FY 2025) | 9.0% | Indore, Madhya Pradesh, India | |||
| Takshshila Real Estate Private Limited | ₹3.34 Cr (FY 2025) | 127.0% | Indore, Madhya Pradesh, India | |||
| Proud Nature Buildtech Private Limited | ₹3.34 Cr (FY 2019) | -4.0% | Chandigarh, India | |||
| Binary Apparel Park Private Limitedthis company | ₹3.34 Cr (FY 2025) | ₹81.19 Lakh | 24.3% | -1.0% | Hiriyur, Karnataka, India | |
| Galore Landmark Private Limited | ₹3.34 Cr (FY 2020) | 38.0% | Pune, Maharashtra, India |
To see the full peer comparison of Binary Apparel Park Private Limited, buy the company report.
Auditor
Binary Apparel Park Private Limited is audited by GRV & PK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRV & PK | FY 2023 | 008099S |
Shareholding
The shareholding of Binary Apparel Park Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Binary Apparel Park Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.43 Cr
Satisfied charges
₹12.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2025 | 101107156 | Hdfc Bank Limited | ₹43.41 Lakh | Open | |
| 04 Sep 2024 | 100982409 | Others | ₹7 Cr | Open | |
| 21 Mar 2016 | 100019875 | Others | ₹12.06 Cr | Satisfied |
To see the full charge records of Binary Apparel Park Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Binary Apparel Park Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Binary Apparel Park Private Limited was last rated by Crisil on 10 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2020 |
To see the full credit ratings and regulatory alerts of Binary Apparel Park Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Binary Apparel Park Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Binary Apparel Park has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECB1632L1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Binary Apparel Park Private Limited, buy the company report.
Recent activity
Binary Apparel Park Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Muniyappa Srinivas Srividhya ceased to be Additional Director on 31 Dec 2020.
AGM
Binary Apparel Park Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 101107156 was registered on 29 May 2025.
Filing
Binary Apparel Park Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100982409 was registered on 04 Sep 2024.
Charges
A charge registered on 21 Mar 2016 via Charge ID 100019875 with Others was fully satisfied on 28 Mar 2024.
Ceased
Muniyappa Srinivas Srividhya ceased to be Additional Director.
Appointed
Prakash Shivalingappa was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 12.06 Cr with Charge ID 100019875 was registered on 21 Mar 2016.
Ceased
Krishna Murthy Kaverappa ceased to be Director.
Ceased
Venkatesh Kaverappa ceased to be Director.
Appointed
Srinivas Kaverappa was appointed as Director.
Appointed
Vijay Kumar Kaverappa was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Binary Apparel Park is an active private limited company based in Hiriyur, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 June 2010 (16+ years old) and is registered under CIN U45201KA2010PTC054186.
Binary Apparel Park has 3 current directors:
- Vijay Kumar Kaverappa - Director
- Srinivas Kaverappa - Director
- Prakash Shivalingappa - Nominee Director
The latest financial statements of Binary Apparel Park on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Binary Apparel Park is 29AAECB1632L1ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Binary Apparel Park is U45201KA2010PTC054186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Apparel Park was incorporated on 23 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Binary Apparel Park by revenue are Space Cube Infra Private Limited, Takshshila Real Estate Private Limited, Proud Nature Buildtech Private Limited, Galore Landmark Private Limited, all in the Real Estate industry (Apparel, Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Muniyappa Srinivas Srividhya ceased to be Additional Director on 31 Dec 2020. Prakash Shivalingappa was appointed as Nominee Director on 20 Aug 2018. Krishna Murthy Kaverappa ceased to be Director on 21 Dec 2013. Binary Apparel Park has 6 board changes on record in total.
Yes, Binary Apparel Park is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0164901).
Binary Apparel Park can be reached through the website binaryapparelpark.com. Its registered office is in Hiriyur, Karnataka, India.
The registered office of Binary Apparel Park is at #205 NH – 4 Main Road K.R.Halli J.G. Halli, Hiriyur, Karnataka, India – 577511.
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