Binary Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 1986.
1986 Bangalore, Karnataka, India Active
Last Updated:
Access Report
About Binary Systems Private Limited

Binary Systems Private Limited, a active private limited company, was established on 13 October 1986 in Bangalore, Karnataka, India. Engaging in it products retail & distribution within the trade sector, it holds CIN: U80903KA1986PTC007846. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.70 Cr.

It upholds a compliant status. Employing 56 professional, Its leadership includes Harish Kumar Shetty (Director), Vidya Harish Shetty (Managing Director). Past directors included Jagadisha Brahmavar Shetty, Edward Jeevan. It holds ₹19.53 Cr open charges and ₹18.97 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.18, Imperial Court Cunningham Road, Bangalore, Karnataka, 560052.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U80903KA1986PTC007846

  • Registration Number

    007846

  • Incorporation Date

    13 October 1986

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.70 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 19.53 Cr
  • Satisfied Charges ₹ 18.97 Cr
  • Revenue Growth **** 56.11%
  • Profit Growth **** 228.94%
  • Ebitda **** -17.09%
  • Net Worth 5.64%
  • Total Assets -13.41%
Company report

Binary Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Binary Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Binary Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Harish Kumar Shetty Director 20 May 1987 Current
Vidya Harish Shetty Managing Director 13 Oct 1986 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2010 Past
Pramod Abcsdd Director 03 May 2022 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Binary Systems.

Binary Systems Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 56.11% increase. The company also saw a substantial improvement in profitability, with a 228.94% increase in profit. The company's net worth moved up by a moderate rise of 5.64%.

Binary Systems revenue growth over time
Binary Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 56.11%
*******
*******
*******
*******
Revenue from Operations
*******
 56.01%
*******
*******
*******
*******
Total Assets
*******
 -13.41%
*******
*******
*******
*******
Profit or Loss
*******
 228.94%
*******
*******
*******
*******
Net Worth
*******
 5.64%
*******
*******
*******
*******
EBITDA
*******
 -17.09%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Binary Systems?

In 2024, Binary Systems had a promoter holding of 57.06% and a public holding of 42.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹195,277,072.00

Satisfied Charges

₹189,654,500.00

Charges Breakdown by Lending Institutions
  • Others : 11.10 Cr
  • Deutsche Bank Ag : 7.70 Cr
  • Hdfc Bank Limited : 0.38 Cr
  • Uco Bank : 0.35 Cr
Latest Charge Details
Date Lender Amount Status
31 Mar 2023 Hdfc Bank Limited ₹2.12 M Open
27 Apr 2021 Hdfc Bank Limited ₹1.66 M Open
20 Apr 2015 Others ₹11.10 Cr Open
20 Apr 2015 Deutsche Bank Ag ₹7.70 Cr Open
20 Apr 2001 Uco Bank ₹3.50 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Binary Systems?

Binary Systems has a workforce of 56 employees as of Feb 20, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Binary Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Binary Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Binary Systems
Recent Activity within the Organization
  • Annual General Meeting

    Binary Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Binary Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100749376 was registered on 31 Mar 2023. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100459009 was registered on 27 Apr 2021. was completed.

  • Charges

    The activity A charge with Others of Rs. 11.10 Cr registered on 20 Apr 2015 with Charge ID 100045791 was modified on 04 Nov 2019. was completed.

  • Charges

    Progress on A charge registered on 30 Nov 2011 via Charge ID 10324005 with Uco Bank was fully satisfied on 07 Apr 2016. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Binary Systems Private Limited?

The CIN of Binary Systems Private Limited is U80903KA1986PTC007846.

Where is Binary Systems Private Limited headquartered?

Binary Systems Private Limited is headquartered at No.18, Imperial Court Cunningham Road, Bangalore, Karnataka, 560052.

When was Binary Systems Private Limited incorporated?

Binary Systems Private Limited was incorporated on 13 October 1986.

Who are the current directors of Binary Systems Private Limited?

The current directors of Binary Systems Private Limited are

What is the primary industry of Binary Systems Private Limited?

The primary industry of Binary Systems Private Limited is Trade.

Is Binary Systems Private Limited a listed company?

Binary Systems Private Limited is unlisted.

What is the capital structure of Binary Systems Private Limited?

The authorized capital of Binary Systems Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.70 Cr.

What is the compliance status of Binary Systems Private Limited?

The compliance status of Binary Systems Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available