Balagan Technologies Private Limited

Provides hardware and software consultancy services since 2004, based in Chennai, Tamil Nadu.

2004 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Balagan Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.11 M
  • Satisfied Charges ₹ 6.70 M
  • Revenue Growth -22.69%
  • Profit Growth -126.71%
  • Ebitda -56.85%
  • Net Worth -2.47%
  • Total Assets 15.38%

About Balagan Technologies

Balagan Technologies Private Limited (BTPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 August 2004 and has a history of 20 years and five months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹6.11 M. The company has closed loans amounting to ₹6.70 M, as per Ministry of Corporate Affairs (MCA) records.

Kamala and Balagan Arumugaswamy serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    balagantech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2004PTC054074

  • Company No.

    054074

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2004

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Balagan Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Balagan Arumugaswamy Country flag representing Us Managing Director23-Dec-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Kamala Country flag representing In Director 10-Jul-2019Current

Financial Performance of Balagan Technologies.

Balagan Technologies Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.69% decrease. The company also saw a substantial fall in profitability, with a 126.71% decrease in profit. The company's net worth dipped by a decrease of 2.47%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-22.69%
Revenue from Operations
-26.12%
Total Assets
15.38%
Profit or Loss
-126.71%
Net Worth
-2.47%
EBITDA
-56.85%

What is the Ownership and Shareholding Structure of Balagan Technologies?

In 2021, Balagan Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.11 M

Satisfied Charges

₹6.70 M

Charges Breakdown by Lending Institutions

  • Others : 0.61 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2022Others₹1.11 MOpen
20 Nov 2017Others₹5.00 MOpen
07 Dec 2005Central Bank Of India₹6.70 MSatisfied

How Many Employees Work at Balagan Technologies?

Unlock and access historical data on people associated with Balagan Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balagan Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Balagan Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Balagan Technologies

Recent activity within the organization

  • Annual General Meeting

    Balagan Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Balagan Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Balagan Arumugaswamy was appointed as a Managing Director was appointed as a Managing Director on 23 Dec 2022 & has been associated with this company since 2 years 2 months .

    23 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 1.11 M with Charge ID 100540370 was registered on 22 Feb 2022.

    22 Feb 2022

  • Charges

    A charge with Others of Rs. 5.00 M registered on 20 Nov 2017 with Charge ID 100137205 was modified on 17 Feb 2020.

    17 Feb 2020

  • Director Appointment

    Kamala was appointed as a Director was appointed as a Director on 10 Jul 2019 & has been associated with this company since 5 years 7 months .

    10 Jul 2019

Frequently asked questions

  • Balagan Technologies Private Limited was incorporated on 26 Aug 2004.

  • The authorized share capital of Balagan Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Balagan Technologies Private Limited.

    • Kamala
    • Balagan Arumugaswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balagan Technologies Private Limited is Balagan Techno Park 36A 3Rd Cross Street Sipcot It Rajiv Gandhi Salai Sirus Eri, India, Chennai, Tamil Nadu, 603103.

  • The corporate identification number (CIN) of Balagan Technologies Private Limited is U72200TN2004PTC054074 and the company number is 054074 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balagan Technologies Private Limited is https://www.balagantech.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Balagan Technologies Private Limited has fallen by -22.69%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Balagan Technologies Private Limited has experienced an downturn of -2.47%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Balagan Technologies Private Limited amount to ₹ 6.11 M.

  • The most recent Balance Sheet for Balagan Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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