Balaji Switchgears Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 28-06-2024
- Paid Up Capital ₹ 6.00 M
as on 28-06-2024
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.35 Cr
as on 28-06-2024
- Satisfied Charges ₹ 7.36 Cr
as on 28-06-2024
- Revenue 17.24%
(FY 2023)
- Profit -9.93%
(FY 2023)
- Ebitda 73.77%
(FY 2023)
- Net Worth 20.70%
(FY 2023)
- Total Assets 7.28%
(FY 2023)
About Balaji Switchgears
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.
- 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
Company Details
- Location
North Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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%.
- 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 31 Oct 2023 | ₹1.35 Cr | Open |
Axis Bank Limited Creation Date: 08 Sep 2016 | ₹2.75 Cr | Satisfied |
Standard Chartered Bank Creation Date: 24 Nov 2010 | ₹2.20 Cr | 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.
