Balaji Sourcings Private Limited

Trading bulk liquid chemicals with storage units and multiple branch offices across India.

2006 | Solapur, Maharashtra (India) | Active
Last Updated: January 09, 2025

Balaji Sourcings Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 60.10 Cr
  • Revenue Growth 25.38%
  • Profit Growth -8.49%
  • Ebitda 153.99%
  • Net Worth 3.22%
  • Total Assets 22.36%

About Balaji Sourcings

Balaji Sourcings Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 2006 and has a history of 18 years and nine months. Its registered office is in Solapur, Maharashtra, 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 2019. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹60.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pushpak Shah, Vikas Shah, and Virendra Mehta serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51434PN2006PTC128357

  • Company No.

    128357

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2006

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Chemicals and Materials

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

Board Members (3)

Name Designation Appointment Date Status
Vikas Shah Country flag representing In Whole-Time Director 20-Apr-2006 Current
Pushpak Shah Country flag representing In Director 20-Nov-2014 Current
Virendra Mehta Country flag representing In Director 01-Sep-2010 Current

Financial Performance of Balaji Sourcings.

Balaji Sourcings Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 25.38% increase. The company also saw a slight decrease in profitability, with a 8.49% decrease in profit. The company's net worth moved up by a moderate rise of 3.22%.

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
25.38%
Revenue from Operations
26.44%
Total Assets
22.36%
Profit or Loss
-8.49%
Net Worth
3.22%
EBITDA
153.99%

What is the Ownership and Shareholding Structure of Balaji Sourcings?

In 2019, Balaji Sourcings had a promoter holding of 45.17% and a public holding of 54.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹60.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2016 Hdfc Bank Limited ₹20.00 Cr Open
23 May 2013 Bank Of Baroda Mid - Corporate Branch Pune ₹15.00 Cr Satisfied
09 Apr 2013 State Bank Of India ₹10.50 Cr Satisfied
09 Aug 2012 Samarth Sahakari Bank Limited Solapur ₹1.00 M Satisfied
12 Sep 2008 Axis Bank Limited ₹17.50 Cr Satisfied

How Many Employees Work at Balaji Sourcings?

Balaji Sourcings has a workforce of 8 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Balaji Sourcings Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Balaji Sourcings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.

    31 Mar 2019

  • Charges

    A charge registered on 09 Aug 2012 via Charge ID 10375449 with Samarth Sahakari Bank Limited Solapur was fully satisfied on 07 Apr 2017.

    07 Apr 2017

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 21 Mar 2016 with Charge ID 100034319 was modified on 03 Mar 2017.

    03 Mar 2017

  • Charges

    A charge registered on 12 Sep 2008 via Charge ID 10122190 with Axis Bank Limited was fully satisfied on 05 Aug 2016.

    05 Aug 2016

  • Charges

    A charge registered on 23 May 2013 via Charge ID 10434951 with Bank Of Baroda Mid - Corporate Branch Pune was fully satisfied on 27 Jul 2016.

    27 Jul 2016

Frequently asked questions

  • Balaji Sourcings Private Limited was incorporated on 20 Apr 2006.

  • The authorized share capital of Balaji Sourcings Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Balaji Sourcings Private Limited.

    • Pushpak Mangilal Shah
    • Vikas Mangilal Shah
    • Virendra Bherumal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Sourcings Private Limited is Balajitowers 4Thfloor No.9/1A/1Hotgiroad, Aasarachowk India, Solapur, Maharashtra, 413224.

  • The corporate identification number (CIN) of Balaji Sourcings Private Limited is U51434PN2006PTC128357 and the company number is 128357 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balaji Sourcings Private Limited is https://www.balajisourcings.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Balaji Sourcings Private Limited has risen by 25.38%.

  • As Per 2019 financial reports, 8 employees are currently employed by Balaji Sourcings Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Balaji Sourcings Private Limited has experienced an upsurge of 3.22%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Balaji Sourcings Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Balaji Sourcings Private Limited was filed with the ROC on 31 Mar 2019.

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