Balaji Engineering Limited

Founded in 2012 and headquartered in Maharashtra, India.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: July 12, 2024

Balaji Engineering Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.51 Cr
  • Satisfied Charges ₹ 7.31 M
  • Revenue Growth 52.11%
  • Profit Growth 413.48%
  • Ebitda 282.22%
  • Net Worth 122.46%
  • Total Assets 86.51%

About Balaji Engineering

Balaji Engineering Limited (BEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 2012 and has a history of 12 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 25.00 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹4.51 Cr. The company has closed loans amounting to ₹7.31 M, as per Ministry of Corporate Affairs (MCA) records.

Bipin Jadhav, Shruti Jadhav, and Rakesh Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36912MH2012PLC228386

  • Company No.

    228386

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2012

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Balaji Engineering Limited offer?

Balaji Engineering Limited offers a wide range of products and services, including Gas Springs, Locking Gas Spring, Industrial Springs, Automotive Gas Spring, Brackets, Folding Brackets.

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

Executive Team (1)

Name Designation Appointment Date Status
Bipin Jadhav Country flag representing In Managing Director 19-Mar-2012 Current

Board Members (2)

Name Designation Appointment Date Status
Shruti Jadhav Country flag representing In Director 28-Sep-2023 Current
Rakesh Patel Director 27-Feb-2024 Current

Financial Performance of Balaji Engineering.

Balaji Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.11% increase. The company also saw a substantial improvement in profitability, with a 413.48% increase in profit. The company's net worth Soared by an impressive increase of 122.46%.

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
52.11%
Revenue from Operations
52.11%
Total Assets
86.51%
Profit or Loss
413.48%
Net Worth
122.46%
EBITDA
282.22%

What is the Ownership and Shareholding Structure of Balaji Engineering?

In 2023, Balaji Engineering 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

₹4.51 Cr

Satisfied Charges

₹0.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.71 Cr
  • Nkgsb Co-Operative Bank Limited : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2022 Others ₹7.60 M Open
26 Apr 2021 Others ₹1.47 M Open
08 Mar 2019 Others ₹3.00 M Open
23 Sep 2013 Others ₹2.50 Cr Open
17 Sep 2013 Nkgsb Co-Operative Bank Limited ₹0.30 M Open

How Many Employees Work at Balaji Engineering?

Balaji Engineering has a workforce of 32 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Rakesh B Patel was appointed as a Director was appointed as a Director on 27 Feb 2024 & has been associated with this company since 11 months 12 days .

    27 Feb 2024

  • Director Appointment

    Shruti Bipin Jadhav was appointed as a Director was appointed as a Director on 28 Sep 2023 & has been associated with this company since 1 year 4 months .

    28 Sep 2023

  • Annual General Meeting

    Balaji Engineering Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Balaji Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.76 Cr with Charge ID 100564526 was registered on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100442862 was registered on 26 Apr 2021.

    26 Apr 2021

Frequently asked questions

  • Balaji Engineering Limited was incorporated on 19 Mar 2012.

  • The authorized share capital of Balaji Engineering Limited is ₹ 25.00 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Balaji Engineering Limited.

    • Bipin Pralhad Jadhav
    • Shruti Bipin Jadhav
    • Rakesh B Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Engineering Limited is A-7 Chandivali Industrial Area Behind Coates Of India Ltd.Chandivali, Andheri(E), Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Balaji Engineering Limited is U36912MH2012PLC228386 and the company number is 228386 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balaji Engineering Limited is https://www.balajiengineering.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Engineering Limited has risen by 52.11%.

  • As Per 2023 financial reports, 32 employees are currently employed by Balaji Engineering Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Engineering Limited has experienced an upsurge of 122.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balaji Engineering Limited amount to ₹ 4.51 Cr.

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

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