Balaji Speciality Chemicals Limited

Manufacturer of specialty chemicals including EDA, piperazine, deta, and AEP.

2010 | Solapur, Maharashtra (India) | Active
Last Updated: June 18, 2024

Balaji Speciality Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 40.00 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 150.00 Cr
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth 54.35%
  • Profit Growth 62.00%
  • Ebitda 53.26%
  • Net Worth 92.20%
  • Total Assets 18.95%

About Balaji Speciality Chemicals

Balaji Speciality Chemicals Limited (BSCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 2010 and has a history of 14 years and six months. Its registered office is in Solapur, Maharashtra, India.

The Corporate was formerly known as Balaji Speciality Chemicals Private Limited. The Company is engaged in the Chemicals 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 45.00 Cr and a paid-up capital of Rs 40.00 Cr.

The company currently has active open charges totaling ₹150.00 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balaji Speciality Chemicals Limited India are Pardeepsingh Watwani as CFO and Lakhan Dargad as Company Secretary. Rajeshwar Nomula, Hemanth Gaddam, Ande Reddy, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24299PN2010PLC137162

  • Company No.

    137162

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2010

  • Date of AGM

    24 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Chemicals

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

Executive Team (3)

NameDesignationAppointment DateStatus
Rajeshwar Nomula Country flag representing In Managing Director14-Apr-2016Current
Pardeepsingh Watwani CFO18-Apr-2022Current
Lakhan Dargad Country flag representing In Company Secretary14-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Hemanth Gaddam Country flag representing In Whole-Time Director 14-Apr-2016Current
Ande Reddy Country flag representing In Whole-Time Director 14-Apr-2016Current
Rajendrakumar Tapadiya Country flag representing In Director 09-May-2018Current
Suhasini Shah Country flag representing In Director 18-Apr-2022Current
Amarender Minupuri Country flag representing In Director 18-Apr-2022Current

Financial Performance of Balaji Speciality Chemicals.

Balaji Speciality Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.35% increase. The company also saw a substantial improvement in profitability, with a 62% increase in profit. The company's net worth Soared by an impressive increase of 92.2%.

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
54.35%
Revenue from Operations
53.42%
Total Assets
18.95%
Profit or Loss
62.00%
Net Worth
92.20%
EBITDA
53.26%

What is the Ownership and Shareholding Structure of Balaji Speciality Chemicals?

In 2023, Balaji Speciality Chemicals had a promoter holding of 77.85% and a public holding of 22.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.00 Cr

Satisfied Charges

₹100.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 125.00 Cr
  • State Bank Of India : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2021State Bank Of India₹25.00 CrOpen
25 Oct 2018Hdfc Bank Limited₹75.00 CrOpen
26 Sep 2017Hdfc Bank Limited₹50.00 CrOpen
29 Nov 2019Hdfc Bank Limited₹50.00 CrSatisfied
27 Mar 2018Others₹50.00 CrSatisfied

How Many Employees Work at Balaji Speciality Chemicals?

Balaji Speciality Chemicals has a workforce of 145 employees as of Mar 22, 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 Speciality Chemicals, 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 Speciality Chemicals'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 Speciality Chemicals

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 26 Sep 2017 with Charge ID 100129587 was modified on 06 Apr 2024.

    06 Apr 2024

  • Director Appointment

    Lakhan Suganchand Dargad was appointed as a Company Secretary was appointed as a Company Secretary on 14 Feb 2024 & has been associated with this company since 1 year 7 days .

    14 Feb 2024

  • Charges

    A charge registered on 27 Mar 2018 via Charge ID 100165008 with Others was fully satisfied on 09 Oct 2023.

    09 Oct 2023

  • Charges

    A charge registered on 29 Nov 2019 via Charge ID 100308230 with Hdfc Bank Limited was fully satisfied on 31 Jul 2023.

    31 Jul 2023

  • Annual General Meeting

    Balaji Speciality Chemicals Limited last Annual general meeting of members was held on 24 Jun 2023 as per latest MCA records.

    24 Jun 2023

  • Charges

    A charge with State Bank Of India of Rs. 25.00 Cr registered on 08 Dec 2021 with Charge ID 100530965 was modified on 06 Apr 2023.

    06 Apr 2023

Frequently asked questions

  • Balaji Speciality Chemicals Limited was incorporated on 20 Aug 2010.

  • The authorized share capital of Balaji Speciality Chemicals Limited is ₹ 45.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Currently 8 directors are associated with Balaji Speciality Chemicals Limited.

    • Rajeshwar Reddy Nomula
    • Hemanth Reddy Gaddam
    • Ande Pratap Reddy
    • Rajendrakumar Mohanprasad Tapadiya
    • Suhasini Yatin Shah
    • Amarender Reddy Minupuri
    • Pardeepsingh Rameshsingh Watwani
    • Lakhan Suganchand Dargad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Speciality Chemicals Limited is 2Nd Floor Balaji Towers No. 9/1A/1 Hotgi Road, Aasara Chowk India, Solapur, Maharashtra, 413224.

  • The corporate identification number (CIN) of Balaji Speciality Chemicals Limited is U24299PN2010PLC137162 and the company number is 137162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balaji Speciality Chemicals Limited is https://www.balajispecialitychemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Speciality Chemicals Limited has risen by 54.35%.

  • As Per 2023 financial reports, 145 employees are currently employed by Balaji Speciality Chemicals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Speciality Chemicals Limited has experienced an upsurge of 92.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balaji Speciality Chemicals Limited amount to ₹ 150.00 Cr.

  • The most recent Balance Sheet for Balaji Speciality Chemicals Limited was filed with the ROC on 31 Mar 2023.

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