Balaji Industrial Corporation Profile
Key Indicators
- Authorised Capital ₹ 118.00 Cr
- Paid Up Capital ₹ 52.78 Cr
- Company Age 40 Year, 11 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 40 years and 11 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
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)
₹0
₹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.
