Balaji Amines Limited

Manufacturer of aliphatic amines, derivatives, and specialty chemicals in India with large production capacity.

1988 | Solapur, Maharashtra (India) | Active
Last Updated:

Balaji Amines Profile

Key Indicators

  • Authorised Capital ₹ 45.50 Cr
  • Paid Up Capital ₹ 6.48 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 359.24 Cr
  • Satisfied Charges ₹ 530.09 Cr
  • Revenue Growth -10.06%
  • Profit Growth -26.11%
  • Ebitda -26.30%
  • Net Worth 17.44%
  • Total Assets -8.68%

About Balaji Amines

Balaji Amines Limited (BAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 October 1988 and has a history of 36 years and four months. Its registered office is in Solapur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530999 and on the National Stock Exchange(NSE) under BALAMINES.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 45.50 Cr and a paid-up capital of Rs 6.48 Cr.

The company currently has active open charges totaling ₹359.24 Cr. The company has closed loans amounting to ₹530.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balaji Amines Limited India are Ande Reddy as CFO and Lakhan Dargad as Company Secretary. Rajeshwar Nomula, Ram Dundurapu, Ande Reddy, and Five other members serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    balajiamines.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24132MH1988PLC049387

  • Company No.

    049387

  • Stock Symbol

    BSE : 530999 NSE : BALAMINES

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1988

  • Date of AGM

    10 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Chemicals and Materials

What products or services does Balaji Amines Limited offer?

Balaji Amines Limited offers a wide range of products and services, including Organic and Inorganic Solvents, Alcohol Solvents, Pharma Ingredients & Raw Materials, API Intermediate.

Who are the key members and board of directors at Balaji Amines?

Executive Team (3)

NameDesignationAppointment DateStatus
Ram Dundurapu Country flag representing In Managing Director15-Jan-1989Current
Ande Reddy CFO20-May-2023Current
Lakhan Dargad Country flag representing In Company Secretary27-Oct-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Rajeshwar Nomula Country flag representing In Whole-Time Director 16-Nov-1988Current
Ande Reddy Country flag representing In Whole-Time Director 01-Apr-2013Current
Suhasini Shah Country flag representing In Director 20-May-2023Current
Ande Reddy Country flag representing In Whole-Time Director 11-May-2013Current
Rao Adabala Country flag representing In Director 20-May-2023Current
Uma Pradhan Country flag representing In Director 20-May-2023Current

Financial Performance of Balaji Amines.

Balaji Amines Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.06% decrease. The company also saw a substantial fall in profitability, with a 26.11% decrease in profit. The company's net worth Soared by an impressive increase of 17.44%.

Balaji Amines revenue growth over time
Balaji Amines 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
-10.06%
Revenue from Operations
-10.00%
Total Assets
-8.68%
Profit or Loss
-26.11%
Net Worth
17.44%
EBITDA
-26.30%

What is the Ownership and Shareholding Structure of Balaji Amines?

In 2023, Balaji Amines had a promoter holding of 53.71% and a public holding of 46.30%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹359.24 Cr

Satisfied Charges

₹530.09 Cr

Charges Breakdown by Lending Institutions

  • Others : 359.24 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2004Others₹359.24 CrOpen
08 Dec 2021State Bank Of India₹25.00 CrSatisfied
26 Nov 2019Hdfc Bank Limited₹50.00 CrSatisfied
12 Sep 2018Hdfc Bank Limited₹75.00 CrSatisfied
20 Aug 2018Hdfc Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Balaji Amines?

Balaji Amines has a workforce of 1098 employees as of Jun 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Balaji Amines Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balaji Amines, 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 Balaji Amines'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 Balaji Amines

Recent activity within the organization

  • Annual General Meeting

    Balaji Amines Limited last Annual general meeting of members was held on 10 Jul 2023 as per latest MCA records.

  • Director Appointment

    Suhasini Yatin Shah was appointed as a Director was appointed as a Director on 20 May 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge registered on 27 Mar 2018 via Charge ID 100167086 with Others was fully satisfied on 21 Apr 2023.

  • Charges

    A charge registered on 26 Nov 2019 via Charge ID 100308776 with Hdfc Bank Limited was fully satisfied on 17 Apr 2023.

  • Charges

    A charge registered on 12 Sep 2018 via Charge ID 100214578 with Hdfc Bank Limited was fully satisfied on 17 Apr 2023.

  • Charges

    A charge registered on 18 May 2018 via Charge ID 100181660 with Hdfc Bank Limited was fully satisfied on 17 Apr 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Balaji Amines Limited?

    Balaji Amines Limited was incorporated on 27 Oct 1988.

  • What is authorized share capital and paid-up capital of Balaji Amines Limited?

    The authorized share capital of Balaji Amines Limited is ₹ 45.50 Cr and paid-up capital is ₹ 6.48 Cr.

  • Who are the current board members & directors of Balaji Amines Limited?

    Currently 10 directors are associated with Balaji Amines Limited.

    • Rajeshwar Reddy Nomula
    • Ram Reddy Dundurapu
    • Ande Pratap Reddy
    • Suhasini Yatin Shah
    • Ande Srinivas Reddy
    • Rao Seshagiri Adabala
    • Uma Rajiv Pradhan
    • Mohan Kumar Ramakrishna
    • Ande Srinivas Reddy
    • Lakhan Suganchand Dargad

  • What is the registered address of Balaji Amines Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Amines Limited is Balaji Towers, No. 9/1A/1 Hotgi Road Aasara Chowk, Solapur, Maharashtra, India, 413224.

  • What is the corporate identification number (CIN) and company number of Balaji Amines Limited?

    The corporate identification number (CIN) of Balaji Amines Limited is L24132MH1988PLC049387 and the company number is 049387 as per Ministry of Corporate Affairs (MCA).

  • Is Balaji Amines Limited registered with any stock exchange in India?

    Yes, Balaji Amines Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BALAMINES.

  • What is the official website of Balaji Amines Limited?

    The Official website of Balaji Amines Limited is https://www.balajiamines.com

  • What has been the recent revenue trend for Balaji Amines Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Amines Limited has fallen by -10.06%.

  • How many employees does Balaji Amines Limited currently have?

    As Per 2023 financial reports, 1098 employees are currently employed by Balaji Amines Limited.

  • What change has been observed in the net worth of Balaji Amines Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Amines Limited has experienced an upsurge of 17.44%.

  • What are the total open charges for Balaji Amines Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Balaji Amines Limited amount to ₹ 359.24 Cr.

  • When was the last Balance Sheet of Balaji Amines Limited filed with the ROC?

    The most recent Balance Sheet for Balaji Amines Limited was filed with the ROC on 31 Mar 2023.

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