Balaji Springs Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.77 M
- Company Age 26 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.81 Cr
- Satisfied Charges ₹ 4.31 Cr
- Revenue Growth -14.48%
- Profit Growth -38.97%
- Ebitda -24.60%
- Net Worth 10.41%
- Total Assets 17.32%
About Balaji Springs
Balaji Springs Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1998 and has a history of 26 years and four months. Its registered office is in Meerut, Uttar Pradesh, India.
The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 6.77 M.
The company currently has active open charges totaling ₹9.81 Cr. The company has closed loans amounting to ₹4.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amit Mittal, Madhur Mittal, Gaurav Mittal, and Four other members serve as directors at the Company.
Company Details
- Location
Meerut, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300UP1998PTC023891
- Company No.
023891
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Sep 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
What products or services does Balaji Springs Private Limited offer?
Balaji Springs Private Limited offers a wide range of products and services, including Alloy, Metal and Machine Washers, Spring Washer, Air Springs & Compression Springs, Compression Springs, Torsion Springs, Industrial Springs.
Who are the key members and board of directors at Balaji Springs?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhur Mittal  | Director | 30-Sep-1998 | Current |
| Gaurav Mittal | Director | 14-Jun-2000 | Current |
| Amit Mittal | Director | 30-Sep-1998 | Current |
| Satish Kumar | Director | 30-Sep-1998 | Current |
| Ritu Mittal | Whole-Time Director | 14-Jul-2014 | Current |
| Shweta Mittal | Whole-Time Director | 14-Jul-2014 | Current |
Financial Performance of Balaji Springs.
Balaji Springs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.48% decrease. The company also saw a substantial fall in profitability, with a 38.97% decrease in profit. The company's net worth Soared by an impressive increase of 10.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Balaji Springs?
In 2023, Balaji Springs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magb Spares Private LimitedAmit Mittal, Madhur Mittal and 1 more are mutual person
Charges (Loans)
₹9.81 Cr
₹4.31 Cr
Charges Breakdown by Lending Institutions
- Others : 9.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2022 | Others | ₹2.83 Cr | Open |
| 09 Mar 2021 | Others | ₹6.98 Cr | Open |
| 20 Jan 2018 | State Bank Of India | ₹2.00 M | Satisfied |
| 14 Aug 2017 | State Bank Of India | ₹0.99 M | Satisfied |
| 08 Dec 2007 | State Bank Of India | ₹2.69 Cr | Satisfied |
How Many Employees Work at Balaji Springs?
Balaji Springs has a workforce of 149 employees as of Apr 04, 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 Springs, 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 Springs'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.
