About Binary Systems Private Limited
Data last updated: 06 January 2026
Binary Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in IT products retail and distribution, a part of the broader technology and IT services sector. Incorporated on 13 October 1986, the company has been in operation for over 40 years.
Registered with ROC Bangalore under CIN U80903KA1986PTC007846.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors Harish Kumar Shetty and Vidya Harish Shetty.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.18 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.29 Cr, a decline of 22% compared to the previous year.
The company has a workforce of approximately 56 employees as per the latest available data.
The company is associated with 1 brand - Binary India. As per MCA filings, the company has open charges of ₹19.53 Cr and satisfied charges of ₹18.97 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binaryindia.com.
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Registered AddressNo.18 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560052
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IndustryInformation Technology, IT Products Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Binary Systems Private Limited
Binary Systems Private Limited has one previous CIN (Corporate Identification Number): U80301KA1986PTC007846. The current CIN is U80903KA1986PTC007846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80903KA1986PTC007846 | Current |
| U80301KA1986PTC007846 | Previous |
Associated Brands with Binary Systems Private Limited
Binary Systems Private Limited operates one associated brand: Binary India. These brands represent Binary Systems Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive IT services and solutions to businesses. | binaryindia.com |
Competitors & Alternatives of Binary Systems Private Limited
Brands and companies operating in the same space as Binary Systems Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
|
Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
|
Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Binary Systems Private Limited
Binary Systems Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Binary Systems Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Binary Systems Private Limited
Binary Systems Private Limited is audited by ANANT MUTALIK AND CO for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANANT MUTALIK AND CO | Locked | Locked | Locked |
Complete auditor history for Binary Systems Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Binary Systems Private Limited
Binary Systems Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Harish Kumar Shetty
Also directs:
Binary Infotech Private Limited, Binary Systems Private Limited, Touche Golf Sports Private Limited and 1 more
|
Director | 20 May 1987 | 39 Years 2 Months | Current |
|
Vidya Harish Shetty
Also directs:
Binary Infotech Private Limited, Binary Systems Private Limited
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Managing Director | 13 Oct 1986 | 39 Years 10 Months | Current |
Financials of Binary Systems Private Limited FY 2025 filings available
Binary Systems Private Limited reported revenue of ₹51.29 Cr (down 22.00% YoY) for FY 2025.
Ten-year financial statements for Binary Systems Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Binary Systems Private Limited
Shareholding and ownership data for Binary Systems Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Binary Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2023 | Hdfc Bank Limited | ₹21.18 Lakh | Open |
| 27 Apr 2021 | Hdfc Bank Limited | ₹16.59 Lakh | Open |
| 20 Apr 2015 | Others | ₹11.1 Cr | Open |
| 20 Apr 2015 | Deutsche Bank Ag | ₹7.7 Cr | Open |
| 20 Apr 2001 | Uco Bank | ₹35 Lakh | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Binary Systems Private Limited
Binary Systems Private Limited has a workforce of 56 employees as of Feb 20, 2025.
Employee and EPFO history for Binary Systems Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Binary Systems Private Limited
GST registrations and filing compliance for Binary Systems Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Binary Systems Private Limited
Credit ratings, litigation, and regulatory alerts for Binary Systems Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Systems Private Limited
MSME payment history for Binary Systems Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Binary Systems Private Limited
Corporate group structure for Binary Systems Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Binary Systems Private Limited
MCA filings and documents for Binary Systems Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Binary Systems Private Limited
Frequently Asked Questions about Binary Systems Private Limited
Binary Systems Private Limited is an active private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 13 October 1986 (40+ years old) and is registered under CIN U80903KA1986PTC007846. The company has 56 employees.
Binary Systems Private Limited reported revenue of ₹51.29 Cr for FY 2025 (down 22.00% YoY).
The current directors of Binary Systems Private Limited are:
- Harish Kumar Shetty - Director
- Vidya Harish Shetty - Managing Director
The primary industry of Binary Systems Private Limited is information technology. The company specifically operates in IT products retail and distribution. The company is currently active in this sector.
Binary Systems Private Limited can be reached at the registered office: No.18 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560052, or through the website binaryindia.com.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.7 Cr.