Balaji Galvanising Industries Ltd

Founded in 1989 and headquartered in West Bengal, India.

1989 | 24 Parganas, West Bengal (India) | Active
Last Updated: January 04, 2025

Balaji Galvanising Industries Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.95 Cr
  • Company Age 35 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.47 Cr
  • Revenue Growth -69.81%
  • Profit Growth 278.76%
  • Ebitda 32.38%
  • Net Worth 106.78%
  • Total Assets 3.44%

About Balaji Galvanising Industries

Balaji Galvanising Industries Ltd (BGIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 December 1989 and has a history of 35 years and one month. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Manufacturing 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 6.00 Cr and a paid-up capital of Rs 4.95 Cr.

The company has closed loans amounting to ₹6.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Binod Bagaria, Ajay Bagaria, and Gobind Sharma serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300WB1989PLC252901

  • Company No.

    010761

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1989

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Binod Bagaria Country flag representing In Director 03-Oct-2019 Current
Ajay Bagaria Country flag representing In Director 03-Oct-2019 Current
Gobind Sharma Country flag representing In Director 31-Aug-2022 Current

Financial Performance of Balaji Galvanising Industries.

Balaji Galvanising Industries Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 69.81% decrease. The company also saw a substantial improvement in profitability, with a 278.76% increase in profit. The company's net worth Soared by an impressive increase of 106.78%.

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
-69.81%
Revenue from Operations
-97.37%
Total Assets
3.44%
Profit or Loss
278.76%
Net Worth
106.78%
EBITDA
32.38%

What is the Ownership and Shareholding Structure of Balaji Galvanising Industries?

In 2019, Balaji Galvanising Industries had a promoter holding of 40.36% and a public holding of 59.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.47 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 5.50 Cr
  • Apsfc : 0.55 Cr
  • Allahabad Bank : 0.42 Cr

Latest Charge Details

Date Lender Amount Status
28 Oct 1996 Dena Bank ₹1.75 Cr Satisfied
08 Oct 1996 Dena Bank ₹1.75 Cr Satisfied
31 May 1994 Dena Bank ₹2.50 M Satisfied
28 Oct 1991 Dena Bank ₹1.75 Cr Satisfied
21 Feb 1991 Allahabad Bank ₹4.15 M Satisfied

How Many Employees Work at Balaji Galvanising Industries?

Unlock and access historical data on people associated with Balaji Galvanising Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Balaji Galvanising Industries Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Balaji Galvanising Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Gobind Prasad Sharma was appointed as a Director was appointed as a Director on 31 Aug 2022 & has been associated with this company since 2 years 5 months .

    31 Aug 2022

  • Director Appointment

    Binod Kumar Bagaria was appointed as a Director was appointed as a Director on 03 Oct 2019 & has been associated with this company since 5 years 4 months .

    03 Oct 2019

  • Director Appointment

    Ajay Kumar Bagaria was appointed as a Director was appointed as a Director on 03 Oct 2019 & has been associated with this company since 5 years 4 months .

    03 Oct 2019

  • Charges

    A charge registered on 21 Feb 1991 via Charge ID 90138705 with Allahabad Bank was fully satisfied on 04 Aug 2018.

    04 Aug 2018

Frequently asked questions

  • Balaji Galvanising Industries Ltd was incorporated on 11 Dec 1989.

  • The authorized share capital of Balaji Galvanising Industries Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 4.95 Cr.

  • Currently 3 directors are associated with Balaji Galvanising Industries Ltd.

    • Binod Kumar Bagaria
    • Ajay Kumar Bagaria
    • Gobind Prasad Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Galvanising Industries Ltd is Unit No. 1507 15Th Floor Tower 1 Plot- G2 Block- Ep And Gp, Sector-V India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Balaji Galvanising Industries Ltd is U31300WB1989PLC252901 and the company number is 010761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balaji Galvanising Industries Ltd is https://www.bgil.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Balaji Galvanising Industries Ltd has fallen by -69.81%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Balaji Galvanising Industries Ltd has experienced an upsurge of 106.78%.

  • The most recent Balance Sheet for Balaji Galvanising Industries Ltd was filed with the ROC on 31 Mar 2024.

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