About Bingage IT Labs Private Limited
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Bingage IT Labs Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the customer loyalty and engagement solutions segment of the business services sector. It was incorporated on 20 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72400MP2015PTC034599.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gaurav Padiyar Kumar and Kirti Meliwal.
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 511 Dwarka Palace Opposite Samar Park Nipaniya, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.25 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹49,083 (net margin 4.4%) and EBITDA of ₹88,233 (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bingage.com.
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- TelephoneLocked
- Website
- Social Media
- Registered Address511 Dwarka Palace Opposite Samar Park Nipaniya, Indore, Madhya Pradesh, India – 452010
- IndustryBusiness Services, Customer Loyalty & Engagement Solutions
- 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
Business Activity of Bingage IT Labs Private Limited
The main business activity of Bingage IT Labs is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Financials of Bingage IT Labs Private Limited FY 2025 filings available
Bingage IT Labs Private Limited reported revenue of ₹11.25 Lakh (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bingage IT Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 23% growth in the latest year. EBITDA rose 233% 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 of Bingage IT Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹88,233 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49,083 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bingage IT Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Bingage IT Labs are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Bingage IT Labs Private Limited
Bingage IT Labs Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Customer Loyalty Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cheapofarez Private Limited | ₹23.09 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | New Delhi, Delhi, India |
| TNS Brands Private Limited | ₹19.93 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Pune, Maharashtra, India |
| Edenred (India) Private Limited | ₹17.78 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Thane, Maharashtra, India |
| J D Bytco Cosmetics Private Limited | ₹16.5 Lakh (FY 2025) | •••• | •••• | 142.0% | •••• | Mumbai, Maharashtra, India |
| Red Box Rewards India Private Limited | ₹12.6 Lakh (FY 2022) | •••• | •••• | 329.0% | •••• | Mumbai, Maharashtra, India |
| Bingage IT Labs Private Limited this company | ₹11.25 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | Indore, Madhya Pradesh, India |
| Atomiclaunch Solutions Private Limited | ₹9.74 Lakh (FY 2025) | •••• | •••• | 212.0% | •••• | Haryana, India |
| Tulic Enterprises Private Limited | ₹6.28 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Youfirst Gifting Solutions Private Limited | ₹5.22 Lakh (FY 2021) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Super1wallet Innovations Private Limited | ₹5.04 Lakh (FY 2022) | •••• | •••• | -41.0% | •••• | Delhi, India |
| Ssagc Marketing Services Private Limited | ₹3.75 Lakh (FY 2023) | •••• | •••• | •••• | Nellore, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bingage IT Labs by revenue in the Business Services industry (Customer Loyalty Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bingage IT Labs Private Limited
Bingage IT Labs Private Limited is audited by VND & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VND & ASSOCIATES | 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 Bingage IT Labs Private Limited
Bingage IT Labs 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 |
|---|---|---|---|---|
| Gaurav Padiyar Kumar | Director | 20 Aug 2015 | 11 Years 1 Months | Current |
| Kirti Meliwal | Director | 20 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Bingage IT Labs 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 Bingage IT Labs Private Limited
Bingage IT Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bingage IT Labs Private Limited
Employment history and EPFO contributions of people linked to Bingage IT Labs.
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.
News related to Bingage IT Labs Private Limited
Recent Activity on Bingage IT Labs Private Limited
Bingage IT Labs Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Kirti Meliwal ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Bingage IT Labs 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 Bingage IT Labs 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 Bingage IT Labs 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 Bingage IT Labs 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 Bingage IT Labs 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 Bingage IT Labs Private Limited
Bingage IT Labs is an active private limited company based in Indore, Madhya Pradesh, India. The company works in customer loyalty and engagement solutions, within the business services industry. It was incorporated on 20 August 2015 (11+ years old) and is registered under CIN U72400MP2015PTC034599.
Bingage IT Labs reported revenue of ₹11.25 Lakh for FY 2024 (up 23% YoY).
Bingage IT Labs has 2 current directors:
- Gaurav Padiyar Kumar - Director
- Kirti Meliwal - Director
Bingage IT Labs reported a net profit of ₹49,083 (net margin 4.4%) and EBITDA of ₹88,233 (EBITDA margin 7.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bingage IT Labs is 38% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Bingage IT Labs is U72400MP2015PTC034599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bingage IT Labs was incorporated on 20 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bingage IT Labs by revenue are Cheapofarez Private Limited, TNS Brands Private Limited, Edenred (India) Private Limited, J D Bytco Cosmetics Private Limited, Red Box Rewards India Private Limited and 5 more, all in the Business Services industry (Customer Loyalty Solutions).
Kirti Meliwal ceased to be Additional Director on 29 Sep 2023. Kirti Meliwal was appointed as Director on 20 Apr 2023. Prakashchandra Padiyar Mannalalji ceased to be Additional Director on 29 Sep 2017. Bingage IT Labs has 6 board changes on record in total.
Yes, Bingage IT Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Bingage IT Labs can be reached through the website bingage.com. Its registered office is in Indore, Madhya Pradesh, India.