Balaji Springs Private Limited

Manufacturer and exporter of suspension and brake springs for automobiles, based in Meerut.

1998 | Meerut, Uttar Pradesh (India) | Active
Last Updated:

Balaji Springs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.77 M
  • Company Age 26 Year, 7 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 -25.03%
  • 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 seven 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

Automotive

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.

Company report

Balaji Springs Private Limited

Explore comprehensive data for Balaji Springs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (7)

NameDesignationAppointment DateStatus
Madhur Mittal Country flag representing In Director 30-Sep-1998Current
Gaurav Mittal Country flag representing In Director 14-Jun-2000Current
Amit Mittal Country flag representing In Director 30-Sep-1998Current
Satish Kumar Country flag representing In Director 30-Sep-1998Current
Ritu Mittal Country flag representing In Whole-Time Director 14-Jul-2014Current
Shweta Mittal Country flag representing In Whole-Time Director 14-Jul-2014Current

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%.

Balaji Springs revenue growth over time
Balaji Springs 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
-14.48%
Revenue from Operations
-14.49%
Total Assets
17.32%
Profit or Loss
-38.97%
Net Worth
10.41%
EBITDA
-25.03%

What is the Ownership and Shareholding Structure of Balaji Springs?

Unlock access to Balaji Springs's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.81 Cr

Satisfied Charges

₹4.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.81 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2022Others₹2.83 CrOpen
09 Mar 2021Others₹6.98 CrOpen
20 Jan 2018State Bank Of India₹2.00 MSatisfied
14 Aug 2017State Bank Of India₹0.99 MSatisfied
08 Dec 2007State Bank Of India₹2.69 CrSatisfied

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.

Employee growth trends for Balaji Springs Private Limited

Deals i

Graph showing company valuation over time

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

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 Springs

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Balaji Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Charges

    A charge with Others amounted to Rs. 2.83 Cr with Charge ID 100630079 was registered on 25 Aug 2022.

  • Charges

    A charge with Others of Rs. 6.98 Cr registered on 09 Mar 2021 with Charge ID 100440627 was modified on 19 Aug 2022.

  • Charges

    A charge registered on 08 Dec 2007 via Charge ID 10080502 with State Bank Of India was fully satisfied on 27 Jul 2021.

  • Charges

    A charge with Others amounted to Rs. 6.98 Cr with Charge ID 100440627 was registered on 09 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Balaji Springs Private Limited?

    Balaji Springs Private Limited was incorporated on 30 Sep 1998.

  • What is authorized share capital and paid-up capital of Balaji Springs Private Limited?

    The authorized share capital of Balaji Springs Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.77 M.

  • Who are the current board members & directors of Balaji Springs Private Limited?

    Currently 7 directors are associated with Balaji Springs Private Limited.

    • Amit Kumar Mittal
    • Madhur Kumar Mittal
    • Gaurav Mittal
    • Satish Kumar
    • Ritu Mittal
    • Shweta Mittal
    • Tanu Mittal

  • What is the registered address of Balaji Springs Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Springs Private Limited is Khasra No. 228, Mohiuddinpur Delhi Road India, Meerut, Uttar Pradesh, 250205.

  • What is the corporate identification number (CIN) and company number of Balaji Springs Private Limited?

    The corporate identification number (CIN) of Balaji Springs Private Limited is U31300UP1998PTC023891 and the company number is 023891 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Balaji Springs Private Limited?

    The Official website of Balaji Springs Private Limited is https://www.balajisprings.com

  • What has been the recent revenue trend for Balaji Springs Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Springs Private Limited has fallen by -14.48%.

  • How many employees does Balaji Springs Private Limited currently have?

    As Per 2023 financial reports, 149 employees are currently employed by Balaji Springs Private Limited.

  • What change has been observed in the net worth of Balaji Springs Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Springs Private Limited has experienced an upsurge of 10.41%.

  • What are the total open charges for Balaji Springs Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Balaji Springs Private Limited amount to ₹ 9.81 Cr.

  • When was the last Balance Sheet of Balaji Springs Private Limited filed with the ROC?

    The most recent Balance Sheet for Balaji Springs Private Limited was filed with the ROC on 31 Mar 2023.

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