Balaji Amines Profile
Key Indicators
- Authorised Capital ₹ 45.50 Cr
- Paid Up Capital ₹ 6.48 Cr
- Company Age 36 Year, 3 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 three 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
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Location
Solapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ram Dundurapu
|
Managing Director | 15-Jan-1989 | Current |
| Ande Reddy | CFO | 20-May-2023 | Current |
|
Lakhan Dargad
|
Company Secretary | 27-Oct-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rajeshwar Nomula
|
Whole-Time Director | 16-Nov-1988 | Current |
|
Ande Reddy
|
Whole-Time Director | 01-Apr-2013 | Current |
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Suhasini Shah
|
Director | 20-May-2023 | Current |
|
Ande Reddy
|
Whole-Time Director | 11-May-2013 | Current |
|
Rao Adabala
|
Director | 20-May-2023 | Current |
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Uma Pradhan
|
Director | 20-May-2023 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
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Thirumala Precicasts Private LimitedRajeshwar Nomula and Ram Dundurapu are mutual person
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Precision Camshafts LimitedSuhasini Shah is a mutual person
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Cams Technology Limited
Suhasini Shah is a mutual person
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Balaji Speciality Chemicals LimitedRajeshwar Nomula, Ande Reddy and 2 more are mutual person
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Nova Agritech LimitedRao Adabala is a mutual person
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Memco Engineering Pvt LtdSuhasini Shah is a mutual person
Charges (Loans)
₹359.24 Cr
₹530.09 Cr
Charges Breakdown by Lending Institutions
- Others : 359.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2004 | Others | ₹359.24 Cr | Open |
| 08 Dec 2021 | State Bank Of India | ₹25.00 Cr | Satisfied |
| 26 Nov 2019 | Hdfc Bank Limited | ₹50.00 Cr | Satisfied |
| 12 Sep 2018 | Hdfc Bank Limited | ₹75.00 Cr | Satisfied |
| 20 Aug 2018 | Hdfc Bank Limited | ₹20.00 Cr | Satisfied |
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.
Deals i
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
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
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.
