Balaji Formalin Private Limited

Manufacturer of methanol-based organic formaldehyde for wood and textile industries with large production capacity.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Balaji Formalin Profile

Key Indicators

  • Authorised Capital ₹ 5.55 Cr
  • Paid Up Capital ₹ 3.58 Cr
  • Company Age 23 Year, 1 Month
  • 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 and one month. 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24116GJ2002PTC040401

  • Company No.

    040401

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

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)

NameDesignationAppointment DateStatus
Gupta Mahendrakumar Country flag representing In Director 29-Jan-2002Current
Mukesh Gupta Country flag representing In Director 29-Jan-2002Current

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%.

Balaji Formalin revenue growth over time
Balaji Formalin 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
-1.41%
Revenue from Operations
-1.68%
Total Assets
5.94%
Profit or Loss
0.61%
Net Worth
28.19%
EBITDA
0.88%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.04 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
16 May 2024The Hongkong And Shanghai Banking Corporation Limited₹58.00 CrOpen
23 Mar 2023Others₹3.40 MOpen
17 Mar 2023Others₹3.52 MOpen
16 Mar 2023Others₹3.52 MOpen
01 Jul 2021Hdfc Bank Limited₹6.10 MSatisfied

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.

Employee growth trends for Balaji Formalin Private Limited

Deals i

Graph showing company valuation over time

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

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 Formalin

Recent activity within the organization

  • Annual General Meeting

    Balaji Formalin Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 25 May 2016 via Charge ID 100029361 with Sbicap Trustee Company Limited was fully satisfied on 26 Sep 2024.

  • Charges

    A charge registered on 18 May 2016 via Charge ID 100029360 with Sbicap Trustee Company Limited was fully satisfied on 26 Sep 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 58.00 Cr with Charge ID 100927347 was registered on 16 May 2024.

  • Balance Sheet

    Balaji Formalin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 27 Apr 2021 via Charge ID 100451872 with Hdfc Bank Limited was fully satisfied on 29 Feb 2024.

Frequently asked questions

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

    Balaji Formalin Private Limited was incorporated on 29 Jan 2002.

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

    The authorized share capital of Balaji Formalin Private Limited is ₹ 5.55 Cr and paid-up capital is ₹ 3.58 Cr.

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

    Currently 2 directors are associated with Balaji Formalin Private Limited.

    • Gupta Mahendrakumar
    • Mukesh Ratanlal Gupta

  • What is the registered address of Balaji Formalin Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Formalin Private Limited is T.F. - 302 Dev Arc Opp. Big Bazar Nr. Fun Republic S.G.Highway Satellite, India, Ahmedabad, Gujarat, 380052.

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

    The corporate identification number (CIN) of Balaji Formalin Private Limited is U24116GJ2002PTC040401 and the company number is 040401 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Balaji Formalin Private Limited?

    The Official website of Balaji Formalin Private Limited is https://www.balajiformalin.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Formalin Private Limited has fallen by -1.41%.

  • How many employees does Balaji Formalin Private Limited currently have?

    As Per 2023 financial reports, 53 employees are currently employed by Balaji Formalin Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Formalin Private Limited has experienced an upsurge of 28.19%.

  • What are the total open charges for Balaji Formalin Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Balaji Formalin Private Limited amount to ₹ 59.04 Cr.

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

    The most recent Balance Sheet for Balaji Formalin Private Limited was filed with the ROC on 31 Mar 2024.

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