Bind Software Innovations Private Limited
About Bind Software Innovations Private Limited
Data last updated:
Bind Software Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC095604. Its GSTIN is 29AAGCB8816Q1ZU (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹20.5 Lakh. It is led by directors Karagada Prakash Ravishankar and Pocha Pradeep Kumar.
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 #24 2nd Floor Vhbcsl Layout 3rd Cross Mahalakshmipuram P O, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.43 Lakh. For the same year it recorded a net loss of ₹2.68 Lakh (net margin -187.5%) and EBITDA of -₹2.55 Lakh (EBITDA margin -178.8%).
The company is associated with 1 brand: Bind Software Innovation.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address#24 2nd Floor Vhbcsl Layout 3rd Cross Mahalakshmipuram P O, Bangalore, Karnataka, India – 560086
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands with Bind Software Innovations Private Limited
Bind Software Innovations operates one associated brand: Bind Software Innovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a social networking platform for neighbor-based collaboration and connections. | bindliving.com |
Competitors & Alternatives of Bind Software Innovations Private Limited
Brands and companies operating in the same space as Bind Software Innovations Private Limited include Nextdoor, Nebenan, NearGroup and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Nextdoor | Neighborhood connections are facilitated via social networking and local e-commerce. | San Francisco, United States | 2011 |
 Nebenan | Interactions among neighbors are facilitated via a secure social platform. | Berlin, Germany | 2015 |
 NearGroup | Hyperlocal social networking and proximity-based dating app is provided. | San Mateo, United States | 2015 |
 Hopplr | Neighborhood connections, discussions, and local services are enabled by Hopplr. | Lokeren, Belgium | 2014 |
 Public Next | Kannada-language online news and information are provided across categories. | Hubli, India | 2018 |
 Hayi | Online social platform for connecting neighbors | Dubai, United Arab Emirates | 2020 |
 NextBlock | A social platform is operated to connect neighbourhood residents. | Singapore | 2021 |
 Munto | Social networking site allowing people to meet others with similar interests and pastimes | Seoul, South Korea | 2017 |
 GoodHood | Platform connects neighbors for item sharing and community help in Singapore. | Singapore | 2020 |
 Freebie Alerts | App provides alerts for free local items on classifieds platforms. | Austin, United States | 2020 |
Business Activity of Bind Software Innovations Private Limited
The main business activity of Bind Software Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Bind Software Innovations Private Limited
Bind Software Innovations Private Limited is audited by RAVI S & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVI S & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bind Software Innovations Private Limited
Bind Software Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karagada Prakash Ravishankar | Director | 09 Aug 2016 | 10 Years 1 Months | Current |
| Pocha Pradeep Kumar Also directs: Loyalpouch Technologies Private Limited | Director | 09 Aug 2016 | 10 Years 1 Months | Current |
Financials of Bind Software Innovations Private Limited FY 2019 filings available
Bind Software Innovations Private Limited reported revenue of ₹1.43 Lakh for FY 2019.
Financial Statement Summary of Bind Software Innovations Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.43 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹2.55 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.68 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 Bind Software Innovations Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -178.8% | •••• | •••• |
| Net Profit Margin | -187.5% | •••• | •••• |
| 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 Bind Software Innovations are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Bind Software Innovations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bind Software Innovations Private Limited
Bind Software Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bind Software Innovations Private Limited
Employment history and EPFO contributions of people linked to Bind Software Innovations.
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.
GST Compliance of Bind Software Innovations Private Limited
Bind Software Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB8816Q1ZU | Karnataka | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Bind Software Innovations 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 Bind Software Innovations 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 Bind Software Innovations 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.
MCA Filings & Documents of Bind Software Innovations 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.
Recent Activity on Bind Software Innovations Private Limited
Frequently Asked Questions about Bind Software Innovations Private Limited
Bind Software Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 August 2016 (10+ years old) and is registered under CIN U72900KA2016PTC095604.
Bind Software Innovations reported revenue of ₹1.43 Lakh for FY 2019.
Bind Software Innovations has 2 current directors:
- Karagada Prakash Ravishankar - Director
- Pocha Pradeep Kumar - Director
Bind Software Innovations reported a net loss of ₹2.68 Lakh (net margin -187.5%) and EBITDA of -₹2.55 Lakh (EBITDA margin -178.8%) for FY 2019, as per its filed financial statements.
The GSTIN of Bind Software Innovations is 29AAGCB8816Q1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Bind Software Innovations is U72900KA2016PTC095604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bind Software Innovations was incorporated on 09 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Bind Software Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Bind Software Innovations is at #24 2nd Floor Vhbcsl Layout 3rd Cross Mahalakshmipuram P O, Bangalore, Karnataka, India – 560086.