Balaji Switchgears Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.00 M
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- 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 ten months. Its registered office is in 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 2024. 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.
Anita Garg, Vaishali Gupta, Piyush Garg, and One other member serve as directors at the Company.
Company Details
- Location
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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Consumer Electronics & Durables
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.
Balaji Switchgears Private Limited
Explore comprehensive data for Balaji Switchgears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Vaishali Gupta | Director | 15-Oct-2019 | Current |
| Piyush Garg | Director | 15-Jul-2017 | Current |
| Bajrang Garg | Director | 28-Jun-1997 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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 LimitedAnita Garg and Bajrang Garg are mutual person
Charges (Loans)
Open Charges
₹1.35 Cr
Satisfied Charges
₹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
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 Switchgears
Recent activity within the organization
- Annual General Meeting
Balaji Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Balaji Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Axis Bank Limited of Rs. 1.35 Cr registered on 31 Oct 2023 with Charge ID 100806109 was modified on 05 Dec 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.35 Cr with Charge ID 100806109 was registered on 31 Oct 2023.
- Charges
A charge registered on 08 Sep 2016 via Charge ID 100052060 with Axis Bank Limited was fully satisfied on 06 Jul 2020.
- Director Appointment
Vaishali Gupta was appointed as a Director was appointed as a Director on 15 Oct 2019 & has been associated with this company since 5 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Balaji Switchgears Private Limited?
Balaji Switchgears Private Limited was incorporated on 18 Jun 1997.
What is authorized share capital and paid-up capital of Balaji Switchgears Private Limited?
The authorized share capital of Balaji Switchgears Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.
Who are the current board members & directors of Balaji Switchgears Private Limited?
Currently 4 directors are associated with Balaji Switchgears Private Limited.
- Anita Garg
- Vaishali Gupta
- Piyush Garg
- Bajrang Lal Garg
What is the registered address of Balaji Switchgears Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Switchgears Private Limited is 2006, Katra Lachhu Singh Bhagirath Palace India, Delhi, 110006.
What is the corporate identification number (CIN) and company number of Balaji Switchgears Private Limited?
The corporate identification number (CIN) of Balaji Switchgears Private Limited is U31300DL1997PTC088005 and the company number is 088005 as per Ministry of Corporate Affairs (MCA).
What is the official website of Balaji Switchgears Private Limited?
The Official website of Balaji Switchgears Private Limited is https://www.balajiswitchgears.com
What has been the recent revenue trend for Balaji Switchgears Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Switchgears Private Limited has risen by 17.24%.
What change has been observed in the net worth of Balaji Switchgears Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Switchgears Private Limited has experienced an upsurge of 20.70%.
What are the total open charges for Balaji Switchgears Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Balaji Switchgears Private Limited amount to ₹ 1.35 Cr.
When was the last Balance Sheet of Balaji Switchgears Private Limited filed with the ROC?
The most recent Balance Sheet for Balaji Switchgears Private Limited was filed with the ROC on 31 Mar 2024.
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