
Boolean Loops Private Limited
About Boolean Loops Private Limited
Data last updated:
Boolean Loops Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 27 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U72900JK2016PTC009707.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Khalid Shabir Zargar (Managing Director) and Ara Rifat.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 10 Bul Lanker Sr Gunj, Srinagar, Jammu and Kashmir, India – 190002.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1,273 (net margin -12.7%) and EBITDA of ₹7,500 (EBITDA margin 75%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Boolean Loops Private Limited's registered office is in Srinagar, Jammu And Kashmir. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 Bul Lanker Sr Gunj, Srinagar, Jammu and Kashmir, India – 190002
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Boolean Loops Private Limited, buy the company report.
- 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
Business activity
The main business activity of Boolean Loops is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Boolean Loops Private Limited, buy the company report.
Financials of Boolean Loops Private Limited
FY 2022 filings availableBoolean Loops Private Limited reported revenue of ₹10,000 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 98% fall in the latest year. EBITDA fell 49% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹7,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,273 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75% | ||||
| Net Profit Margin | -12.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Boolean Loops Private Limited, buy the company report.
Board of directors of Boolean Loops Private Limited
Boolean Loops has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khalid Shabir Zargar | Managing Director | 27 Jun 2016 | 10 Years 4 Months | Current |
| Ara Rifat | Director | 27 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Boolean Loops Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boolean Loops Private Limitedthis company | ₹10,000 (FY 2022) | -₹1,273 | -12.7% | -98.0% | Srinagar, Jammu And Kashmir, India | |
| Talendeate Beyond Border Private Limited | ₹10,000 (FY 2019) | Bangalore, Karnataka, India | ||||
| KN Soft Solutions Private Limited | ₹10,000 (FY 2020) | Hyderabad, Telangana, India | ||||
| Corpanix Technologies Private Limited | ₹10,000 (FY 2023) | Pune, Maharashtra, India | ||||
| Unilytics Technologies Private Limited | ₹10,000 (FY 2024) | Hyderabad, Telangana, India | ||||
| Karmow Technologies Private Limited | ₹10,000 (FY 2019) | Bangalore, Karnataka, India | ||||
| Seven Stones Intl Private Limited | ₹10,000 (FY 2025) | -99.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Boolean Loops Private Limited, buy the company report.
Auditor
Boolean Loops Private Limited is audited by SHABIR AHMAD & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHABIR AHMAD & ASSOCIATES | FY 2017 | 028719N |
Shareholding
The shareholding of Boolean Loops Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Boolean Loops Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Boolean Loops Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Boolean Loops Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Boolean Loops Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Boolean Loops Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ara Rifat was appointed as Director on 27 Jun 2016.
Frequently asked questions
Boolean Loops is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in consultancy, within the information technology industry. It was incorporated on 27 June 2016 (10+ years old) and is registered under CIN U72900JK2016PTC009707.
Boolean Loops has 2 current directors:
- Khalid Shabir Zargar - Managing Director
- Ara Rifat - Director
The latest financial statements of Boolean Loops on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Boolean Loops is U72900JK2016PTC009707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boolean Loops was incorporated on 27 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jammu.
The peers of Boolean Loops by revenue are Talendeate Beyond Border Private Limited, KN Soft Solutions Private Limited, Corpanix Technologies Private Limited, Unilytics Technologies Private Limited, Karmow Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ara Rifat was appointed as Director on 27 Jun 2016. Khalid Shabir Zargar was appointed as Managing Director on 27 Jun 2016.
The registered office of Boolean Loops is at 10 Bul Lanker Sr Gunj, Srinagar, Jammu and Kashmir, India – 190002.
Boolean Loops operates in the information technology industry, in the consultancy segment.
The compliance status of Boolean Loops is active non-compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.
Boolean Loops can be reached at its registered office: 10 Bul Lanker Sr Gunj, Srinagar, Jammu and Kashmir, India – 190002.

