Balaji Formalin Profile
Key Indicators
- Authorised Capital ₹ 5.55 Cr
- Paid Up Capital ₹ 3.58 Cr
- Company Age 23 Year, 5 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 59.04 Cr
- Satisfied Charges ₹ 328.42 Cr
- Revenue Growth -1.41%
- Profit Growth 0.61%
- Ebitda 0.88%
- Net Worth 28.19%
- Total Assets 5.94%
About Balaji Formalin
Balaji Formalin Private Limited (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2002 and has a history of 23 years. Its registered office is in Ahmedabad, Gujarat, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 5.55 Cr and a paid-up capital of Rs 3.58 Cr.
The company currently has active open charges totaling ₹59.04 Cr. The company has closed loans amounting to ₹328.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gupta Mahendrakumar and Mukesh Gupta serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
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CIN/LLPIN
U24116GJ2002PTC040401
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Company No.
040401
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jan 2002
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Balaji Formalin Private Limited offer?
Balaji Formalin Private Limited offers a wide range of products and services, including Turnkey Solutions, Technology Solution Provider, Disinfectant Chemicals, Formaldehyde, Biochemistry Analyzer, Chemistry Analyzers, Industrial Chemicals & Supplies, Aldehydes, Transportation Services, Full Truck Load Transport Service.
Who are the key members and board of directors at Balaji Formalin?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gupta Mahendrakumar
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Director | 29-Jan-2002 | Current |
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Mukesh Gupta
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Director | 29-Jan-2002 | Current |
Financial Performance of Balaji Formalin.
Balaji Formalin Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.41% decrease. The company also saw a slight improvement in profitability, with a 0.61% increase in profit. The company's net worth Soared by an impressive increase of 28.19%.
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What is the Ownership and Shareholding Structure of Balaji Formalin?
In 2023, Balaji Formalin had a promoter holding of 100.00%. 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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Laminate Material Suppliers AssociationGupta Mahendrakumar is a mutual person
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Fakirsons Papchem Private LimitedGupta Mahendrakumar is a mutual person
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Burakia Industries LimitedGupta Mahendrakumar and Mukesh Gupta are mutual person
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Indodekor Industries LimitedGupta Mahendrakumar is a mutual person
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All India Roadways Pvt Ltd
Gupta Mahendrakumar and Mukesh Gupta are mutual person
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Burakia Family Foundation
Gupta Mahendrakumar and Mukesh Gupta are mutual person
Charges (Loans)
₹59.04 Cr
₹328.42 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 58.00 Cr
- Others : 1.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹58.00 Cr | Open |
| 23 Mar 2023 | Others | ₹3.40 M | Open |
| 17 Mar 2023 | Others | ₹3.52 M | Open |
| 16 Mar 2023 | Others | ₹3.52 M | Open |
| 01 Jul 2021 | Hdfc Bank Limited | ₹6.10 M | Satisfied |
How Many Employees Work at Balaji Formalin?
Balaji Formalin has a workforce of 53 employees as of Apr 06, 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 Formalin, 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 Formalin'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.
