Balaji Metal & Sponge Private Limited

Specializes in trading and manufacturing various grades of steel products, including steel furnaces and rolling mills.

2003 | Kolkata, West Bengal (India) | Active
Last Updated: July 16, 2024

Balaji Metal & Sponge Profile

Key Indicators

  • Authorised Capital ₹ 13.75 Cr
  • Paid Up Capital ₹ 13.63 Cr
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.16 Cr
  • Satisfied Charges ₹ 50.66 Cr
  • Revenue Growth 151.00%
  • Profit Growth 53.18%
  • Ebitda -20.12%
  • Net Worth -32.04%
  • Total Assets -23.08%

About Balaji Metal & Sponge

Balaji Metal & Sponge Private Limited (BMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 August 2003 and has a history of 21 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 13.75 Cr and a paid-up capital of Rs 13.63 Cr.

The company currently has active open charges totaling ₹1.16 Cr. The company has closed loans amounting to ₹50.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balaji Metal & Sponge Private Limited India is Kanika Agarwal as COMPANY SECRETARY. Arun Poddar and Ajit Sharma serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102WB2003PTC096689

  • Company No.

    096689

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Balaji Metal & Sponge?

Executive Team (1)

NameDesignationAppointment DateStatus
Kanika Agarwal Country flag representing In Company Secretary11-Apr-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Arun Poddar Country flag representing In Director 01-Mar-2005Current
Ajit Sharma Country flag representing In Director 05-Sep-2017Current

Financial Performance of Balaji Metal & Sponge.

Balaji Metal & Sponge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 151% increase. The company also saw a substantial improvement in profitability, with a 53.18% increase in profit. The company's net worth observed a substantial decline by a decrease of 32.04%.

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
151.00%
Revenue from Operations
Total Assets
-23.08%
Profit or Loss
53.18%
Net Worth
-32.04%
EBITDA
-20.12%

What is the Ownership and Shareholding Structure of Balaji Metal & Sponge?

In 2023, Balaji Metal & Sponge had a promoter holding of 84.92% and a public holding of 15.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.16 Cr

Satisfied Charges

₹50.66 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 0.64 Cr
  • L & T Finance Limited : 0.52 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2008Kotak Mahindra Bank Limited₹6.40 MOpen
24 Jul 2007L & T Finance Limited₹5.20 MOpen
31 Jul 2008Icici Bank Limited₹1.58 MSatisfied
13 Jun 2006State Bank Of India₹25.25 CrSatisfied
25 Oct 2005State Bank Of India₹25.25 CrSatisfied

How Many Employees Work at Balaji Metal & Sponge?

Unlock and access historical data on people associated with Balaji Metal & Sponge, 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 Metal & Sponge, 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 Metal & Sponge'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 Metal & Sponge

Recent activity within the organization

  • Annual General Meeting

    Balaji Metal & Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Kanika Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 11 Apr 2023 & has been associated with this company since 1 year 10 months .

    11 Apr 2023

  • Balance Sheet

    Balaji Metal & Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jul 2008 via Charge ID 10117698 with Icici Bank Limited was fully satisfied on 06 Apr 2022.

    06 Apr 2022

  • Director Appointment

    Ajit Kumar Sharma was appointed as a Director was appointed as a Director on 05 Sep 2017 & has been associated with this company since 7 years 5 months .

    05 Sep 2017

  • Charges

    A charge registered on 13 Jun 2006 via Charge ID 80035217 with State Bank Of India was fully satisfied on 24 Jun 2016.

    24 Jun 2016

Frequently asked questions

  • Balaji Metal & Sponge Private Limited was incorporated on 04 Aug 2003.

  • The authorized share capital of Balaji Metal & Sponge Private Limited is ₹ 13.75 Cr and paid-up capital is ₹ 13.63 Cr.

  • Currently 3 directors are associated with Balaji Metal & Sponge Private Limited.

    • Arun Kumar Poddar
    • Ajit Kumar Sharma
    • Kanika Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Metal & Sponge Private Limited is 87 Park Street, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Balaji Metal & Sponge Private Limited is U27102WB2003PTC096689 and the company number is 096689 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Metal & Sponge Private Limited has risen by 151.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Metal & Sponge Private Limited has experienced an downturn of -32.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balaji Metal & Sponge Private Limited amount to ₹ 1.16 Cr.

  • The most recent Balance Sheet for Balaji Metal & Sponge Private Limited was filed with the ROC on 31 Mar 2023.

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