Balaji Tirecord Private Limited

Textile goods manufacturer since 1987, based in Ludhiana, Punjab.

1987 | Ludhiana, Punjab (India) | Active
Last Updated: December 24, 2024

Balaji Tirecord Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.30 M
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 43.48 Cr
  • Revenue Growth -52.09%
  • Profit Growth 25.15%
  • Ebitda 79.20%
  • Net Worth -105.58%
  • Total Assets -52.05%

About Balaji Tirecord

Balaji Tirecord Private Limited (BTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 1987 and has a history of 37 years and seven months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Seema Associates Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.30 M.

The company has closed loans amounting to ₹43.48 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tarsem Gupta and Kiran Bala serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51494PB1987PTC007529

  • Company No.

    007529

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 1987

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Tarsem Gupta Country flag representing In Director 07-Jun-2022 Current
Kiran Bala Country flag representing In Director 07-Jun-2022 Current

Financial Performance of Balaji Tirecord.

Balaji Tirecord Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 52.09% decrease. The company also saw a substantial improvement in profitability, with a 25.15% increase in profit. The company's net worth observed a substantial decline by a decrease of 105.58%.

Graph illustrating revenue growth over time
Graph showing 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
-52.09%
Revenue from Operations
-52.07%
Total Assets
-52.05%
Profit or Loss
25.15%
Net Worth
-105.58%
EBITDA
79.20%

What is the Ownership and Shareholding Structure of Balaji Tirecord?

In 2017, Balaji Tirecord had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹43.48 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 25.67 Cr
  • Bank Of Baroda : 14.85 Cr
  • State Bank Of Hyderabad : 2.96 Cr

Latest Charge Details

Date Lender Amount Status
06 Jun 2012 Indian Overseas Bank ₹5.40 Cr Satisfied
09 Mar 2012 Indian Overseas Bank ₹2.70 M Satisfied
09 Mar 2012 Indian Overseas Bank ₹20.00 Cr Satisfied
21 Aug 2010 Bank Of Baroda ₹2.50 Cr Satisfied
03 Feb 2009 Bank Of Baroda ₹5.00 M Satisfied

How Many Employees Work at Balaji Tirecord?

Unlock and access historical data on people associated with Balaji Tirecord, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balaji Tirecord, 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 Tirecord'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 Tirecord

Recent activity within the organization

  • Annual General Meeting

    Balaji Tirecord Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Director Appointment

    Tarsem Lal Gupta was appointed as a Director was appointed as a Director on 07 Jun 2022 & has been associated with this company since 2 years 8 months .

    07 Jun 2022

  • Director Appointment

    Kiran Bala was appointed as a Director was appointed as a Director on 07 Jun 2022 & has been associated with this company since 2 years 8 months .

    07 Jun 2022

  • Balance Sheet

    Balaji Tirecord Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.

    31 Mar 2022

  • Charges

    A charge registered on 06 Jun 2012 via Charge ID 10363018 with Indian Overseas Bank was fully satisfied on 11 Jan 2021.

    11 Jan 2021

  • Charges

    A charge registered on 09 Mar 2012 via Charge ID 10345805 with Indian Overseas Bank was fully satisfied on 11 Jan 2021.

    11 Jan 2021

Frequently asked questions

  • Balaji Tirecord Private Limited was incorporated on 30 Jun 1987.

  • The authorized share capital of Balaji Tirecord Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.30 M.

  • Currently 2 directors are associated with Balaji Tirecord Private Limited.

    • Tarsem Lal Gupta
    • Kiran Bala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Tirecord Private Limited is Lakhowal Road Kohara, Chandigarh Road India, Ludhiana, Punjab, 141112.

  • The corporate identification number (CIN) of Balaji Tirecord Private Limited is U51494PB1987PTC007529 and the company number is 007529 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Balaji Tirecord Private Limited has fallen by -52.09%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Balaji Tirecord Private Limited has experienced an downturn of -105.58%.

  • The most recent Balance Sheet for Balaji Tirecord Private Limited was filed with the ROC on 31 Mar 2022.

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