Balaji Industrial Corporation Profile
Key Indicators
- Authorised Capital ₹ 118.00 Cr
- Paid Up Capital ₹ 52.78 Cr
- Company Age 41 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 138.18 Cr
- Revenue Growth -45.00%
- Profit Growth -100.52%
- Ebitda -2029.90%
- Net Worth -0.00%
- Total Assets -45.87%
About Balaji Industrial Corporation
Balaji Industrial Corporation Limited (BICL) is a Public Limited Indian Non-Government Company incorporated in India on 13 March 1984 and has a history of 41 years and two months. Its registered office is in Nellore, Andhra Pradesh, India.
The Company is engaged in the Metal & Minerals 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 118.00 Cr and a paid-up capital of Rs 52.78 Cr.
The company has closed loans amounting to ₹138.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Saravanan Venkatesan, Kamalakar Potireddy, and Sujatha serve as directors at the Company.
Company Details
- Location
Nellore, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999AP1984PLC015354
- Company No.
015354
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Metal & Minerals
Balaji Industrial Corporation Limited
Explore comprehensive data for Balaji Industrial Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Balaji Industrial Corporation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saravanan Venkatesan  | Director | 11-Aug-2011 | Current |
| Kamalakar Potireddy | Director | 23-Aug-2011 | Current |
| Sujatha | Director | 01-Feb-2016 | Current |
Financial Performance of Balaji Industrial Corporation.
Balaji Industrial Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45% decrease. The company also saw a substantial fall in profitability, with a 100.52% decrease in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balaji Industrial Corporation?
In 2023, Balaji Industrial Corporation had a promoter holding of 13.87% and a public holding of 86.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kruthi Agro Farms Private Limited
Saravanan Venkatesan and Kamalakar Potireddy are mutual person
- Citadal Enterprises Private Limited
Saravanan Venkatesan and Kamalakar Potireddy are mutual person
- Prime Distilleries Limited
Saravanan Venkatesan is a mutual person
- Sathya Traders Private Limited
Saravanan Venkatesan is a mutual person
- Sapthagiri Traders Private Limited
Saravanan Venkatesan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹138.18 Cr
Charges Breakdown by Lending Institutions
- Icici Banking Corporation Limited : 22.00 Cr
- Icici Limited : 21.44 Cr
- Global Trust Bank Ltd : 20.00 Cr
- Global Trust Bank Limited : 20.00 Cr
- Indusind Bank Ltd : 13.00 Cr
- Others : 41.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2000 | Tamilnad Mercantile Bank Limited | ₹3.00 M | Satisfied |
| 10 Aug 2000 | Sundram Finance Limited | ₹5.76 M | Satisfied |
| 11 Jul 2000 | Global Trust Bank Limited | ₹20.00 Cr | Satisfied |
| 10 May 2000 | Sundram Finance Limited | ₹4.71 Cr | Satisfied |
| 09 Oct 1998 | Icici Bank Limited | ₹6.50 Cr | Satisfied |
How Many Employees Work at Balaji Industrial Corporation?
Balaji Industrial Corporation has a workforce of 20 employees as of Apr 05, 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 Industrial Corporation, 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 Industrial Corporation'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.
Latest Updates, News, and FAQs on Balaji Industrial Corporation
Recent activity within the organization
- Annual General Meeting
Balaji Industrial Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Balaji Industrial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Director Appointment
Sujatha was appointed as a Director was appointed as a Director on 01 Feb 2016 & has been associated with this company since 9 years 3 months .
- Charges
A charge registered on 11 Jul 2000 via Charge ID 90261938 with Global Trust Bank Limited was fully satisfied on 28 Mar 2015.
- Charges
A charge registered on 10 Aug 2000 via Charge ID 90261948 with Sundram Finance Limited was fully satisfied on 17 Sep 2013.
- Charges
A charge registered on 10 May 2000 via Charge ID 90261914 with Sundram Finance Limited was fully satisfied on 17 Sep 2013.
Frequently asked questions
What is the Incorporation or founding date of Balaji Industrial Corporation Limited?
Balaji Industrial Corporation Limited was incorporated on 13 Mar 1984.
What is authorized share capital and paid-up capital of Balaji Industrial Corporation Limited?
The authorized share capital of Balaji Industrial Corporation Limited is ₹ 118.00 Cr and paid-up capital is ₹ 52.78 Cr.
Who are the current board members & directors of Balaji Industrial Corporation Limited?
Currently 3 directors are associated with Balaji Industrial Corporation Limited.
- Saravanan Venkatesan
- Kamalakar Reddy Potireddy
- Sujatha
What is the registered address of Balaji Industrial Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Industrial Corporation Limited is Plot No. 330 Iii Cross Road Central Avenue, Magunta Lay Out India, Nellore, Andhra Pradesh, 524003.
What is the corporate identification number (CIN) and company number of Balaji Industrial Corporation Limited?
The corporate identification number (CIN) of Balaji Industrial Corporation Limited is U74999AP1984PLC015354 and the company number is 015354 as per Ministry of Corporate Affairs (MCA).
What is the official website of Balaji Industrial Corporation Limited?
The Official website of Balaji Industrial Corporation Limited is https://www.bicl.info
What has been the recent revenue trend for Balaji Industrial Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Industrial Corporation Limited has fallen by -45.00%.
How many employees does Balaji Industrial Corporation Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Balaji Industrial Corporation Limited.
What change has been observed in the net worth of Balaji Industrial Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Industrial Corporation Limited has experienced an downturn of -0.00%.
When was the last Balance Sheet of Balaji Industrial Corporation Limited filed with the ROC?
The most recent Balance Sheet for Balaji Industrial Corporation Limited was filed with the ROC on 31 Mar 2024.
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