MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0336435
Business Instruments India Private Limited
Business Instruments India Private Limited - information technology in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.93 Cr
▼ 3% YoY
Net profit · FY 2025
₹72.92 Lakh
Net margin 10.5%
EBITDA · FY 2025
₹1.2 Cr
EBITDA margin 17.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹3 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Business Instruments India Private Limited
Data last updated:
Business Instruments India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PTC179512. Its GSTIN is 27AADCB3882B1ZW (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arvind Subramanian and Rajesh Shriniwas Tapadia.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 501 5th Floor Sigma IT Park, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.93 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹72.92 Lakh (net margin 10.5%) and EBITDA of ₹1.2 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 29% over five years.
As per MCA filings, the company has satisfied charges of ₹3 Cr on record.
Business Instruments India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0336435). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200MH2008PTC179512
Registration Number 179512
Incorporation Date 27 February 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0336435
Recognitions & Rankings of Business Instruments India
Contact details
Business Instruments India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No.501 5th Floor Sigma IT Park Ttc Indl. Area Thane Belapur Road Raba, Le MIDC, Navi Mumbai, Maharashtra, India – 400701
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Business Instruments India Private Limited, buy the company report.
Comprehensive company report
Business Instruments India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Business Instruments India is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Business Instruments India Private Limited, buy the company report.
Financials of Business Instruments India Private Limited
FY 2024 filings availableBusiness Instruments India Private Limited reported revenue of ₹6.93 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹6.93 Cr ▼ 3%
Net profit · FY 2025
₹72.92 Lakh margin 10.5%
EBITDA · FY 2025
₹1.2 Cr margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 11%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 6%
5 years · compounded
▼ 3%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA rose 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.92 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 10.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Business Instruments India Private Limited, buy the company report.
Board of directors of Business Instruments India Private Limited
Business Instruments India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shriniwas Tapadia Also directs: Opg Realtor Private Limited, Web Werks Infrastructure Private Limited, Web Werks India Private Limited and 4 more | Additional Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Arvind Subramanian Also directs: Axis Bank Limited, Opg Realtor Private Limited, Iron Mountain India Private Limited and 5 more | Director | 05 Jul 2024 | 2 Years 4 Months | Current |
Auditor
Business Instruments India Private Limited is audited by N J VORA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N J VORA & CO | FY 2020 | 126911W |
Shareholding
The shareholding of Business Instruments India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Business Instruments India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2015 | 10556558 | Standard Chartered Bank | ₹3 Cr | Satisfied |
To see the full charge records of Business Instruments India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Business Instruments India 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 Business Instruments India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Business Instruments India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB3882B1ZW | Maharashtra | Active | 01 Jul 2017 |
| 09AADCB3882B1ZU | Uttar Pradesh | Active | 31 Jul 2020 |
To see the full GST registrations and return filing status of Business Instruments India Private Limited, buy the company report.
Recent activity
Business Instruments India Private Limited has 9 board changes on record since 2021: 2 appointments and 7 cessations. The latest: Nishant Amritlal Rathi ceased to be Director on 28 Mar 2025.
AGM
Business Instruments India Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Nishant Amritlal Rathi ceased to be Director.
Appointed
Rajesh Shriniwas Tapadia was appointed as Additional Director.
Ceased
Arvind Subramanian ceased to be Additional Director.
Appointed
Arvind Subramanian was appointed as Director.
Ceased
Hwang Wing Cheung Peter ceased to be Additional Director.
Filing
Business Instruments India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Michael Goh Hee Chye ceased to be Additional Director.
Ceased
Amritlal Hiralal Rathi ceased to be Director.
Ceased
Seeta Amritlal Rathi ceased to be Director.
Ceased
Nikhil Amritlal Rathi ceased to be Director.
Charges
A charge registered on 12 Mar 2015 via Charge ID 10556558 with Standard Chartered Bank was fully satisfied on 30 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Business Instruments India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 February 2008 (18+ years old) and is registered under CIN U72200MH2008PTC179512.
Business Instruments India has 2 current directors:
- Rajesh Shriniwas Tapadia - Additional Director
- Arvind Subramanian - Director
The latest financial statements of Business Instruments India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Business Instruments India is 27AADCB3882B1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AADCB3882B1ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Business Instruments India is U72200MH2008PTC179512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Business Instruments India was incorporated on 27 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nishant Amritlal Rathi ceased to be Director on 28 Mar 2025. Rajesh Shriniwas Tapadia was appointed as Additional Director on 28 Mar 2025. Arvind Subramanian ceased to be Additional Director on 29 Sep 2024. Business Instruments India has 9 board changes on record in total.
Yes, Business Instruments India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0336435).
The registered office of Business Instruments India is at Unit No.501 5th Floor Sigma IT Park Ttc Indl. Area Thane Belapur Road Raba, Le MIDC, Navi Mumbai, Maharashtra, India – 400701.
Business Instruments India operates in the information technology industry, in the software development and support services segment.
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