Balaji Switchgears Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.00 M
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.35 Cr
- Satisfied Charges ₹ 7.36 Cr
- Revenue Growth 17.24%
- Profit Growth -9.93%
- Ebitda 73.77%
- Net Worth 20.70%
- Total Assets 7.28%
About Balaji Switchgears
Balaji Switchgears Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 1997 and has a history of 27 years and eight months. Its registered office is in North Delhi, Delhi, India.
The Company is engaged in the Consumer Electronics & Durables 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 6.00 M.
The company currently has active open charges totaling ₹1.35 Cr. The company has closed loans amounting to ₹7.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bajrang Garg, Anita Garg, Piyush Garg, and One other member serve as directors at the Company.
Company Details
- Location
North Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300DL1997PTC088005
- Company No.
088005
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jun 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Balaji Switchgears Private Limited offer?
Balaji Switchgears Private Limited offers a wide range of products and services, including PCB Modules and Circuit Boards, PCB Assembly Line Components, VFD, Schneider VFD, Safety Equipment & Systems, Safety Equipment.
Who are the key members and board of directors at Balaji Switchgears?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anita Garg  | Whole-Time Director | 28-Jun-1997 | Current |
| Bajrang Garg | Director | 28-Jun-1997 | Current |
| Piyush Garg | Director | 15-Jul-2017 | Current |
| Vaishali Gupta | Director | 15-Oct-2019 | Current |
Financial Performance of Balaji Switchgears.
Balaji Switchgears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.24% increase. The company also saw a slight decrease in profitability, with a 9.93% decrease in profit. The company's net worth Soared by an impressive increase of 20.7%.
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What is the Ownership and Shareholding Structure of Balaji Switchgears?
In 2023, Balaji Switchgears had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Weiner Impex Private LimitedBajrang Garg and Anita Garg are mutual person
Charges (Loans)
₹1.35 Cr
₹7.36 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | Axis Bank Limited | ₹1.35 Cr | Open |
| 08 Sep 2016 | Axis Bank Limited | ₹2.75 Cr | Satisfied |
| 24 Nov 2010 | Standard Chartered Bank | ₹2.20 Cr | Satisfied |
| 05 Feb 2007 | Bank Of Baroda | ₹1.50 Cr | Satisfied |
| 22 Feb 2005 | Karnataka Bank Ltd | ₹2.10 M | Satisfied |
How Many Employees Work at Balaji Switchgears?
Unlock and access historical data on people associated with Balaji Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Balaji Switchgears, 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 Switchgears'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
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