Balaji Weft Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 13.93 Cr
- Company Age 11 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 47.81 Cr
- Satisfied Charges ₹ 46.80 Cr
- Revenue Growth -20.26%
- Profit Growth -64.35%
- Ebitda -52.78%
- Net Worth 3.25%
- Total Assets 8.28%
About Balaji Weft
Balaji Weft Private Limited (BWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 May 2013 and has a history of 11 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Tarachand Recyclers 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 2024. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 13.93 Cr.
The company currently has active open charges totaling ₹47.81 Cr. The company has closed loans amounting to ₹46.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Balaji Weft Private Limited India is Akash Patel as COMPANY SECRETARY. Yamunadutt Agrawal and Devkinandan Sharma serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17100GJ2013PTC074859
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Company No.
074859
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 May 2013
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Balaji Weft?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akash Patel | Company Secretary | 15-Mar-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yamunadutt Agrawal
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Director | 03-May-2013 | Current |
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Devkinandan Sharma
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Director | 27-Jun-2022 | Current |
Financial Performance of Balaji Weft.
Balaji Weft Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.26% decrease. The company also saw a substantial fall in profitability, with a 64.35% decrease in profit. The company's net worth moved up by a moderate rise of 3.25%.
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What is the Ownership and Shareholding Structure of Balaji Weft?
In 2023, Balaji Weft had a promoter holding of 39.00% and a public holding of 61.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Amitara Green Hi-Tech Park Private LimitedYamunadutt Agrawal is a mutual person
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Kashyap Tele-Medicines LimitedDevkinandan Sharma is a mutual person
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Jindal Worldwide LimitedYamunadutt Agrawal is a mutual person
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Jindal Shirtings Private Limited
Yamunadutt Agrawal is a mutual person
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Jindal Creations Private Limited
Devkinandan Sharma is a mutual person
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Jindal Integrated Textile Park Private Limited
Devkinandan Sharma is a mutual person
Charges (Loans)
₹47.81 Cr
₹46.80 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 47.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2021 | State Bank Of India | ₹10.81 Cr | Open |
| 14 Nov 2019 | State Bank Of India | ₹37.00 Cr | Open |
| 30 Aug 2017 | Bank Of India | ₹46.80 Cr | Satisfied |
How Many Employees Work at Balaji Weft?
Balaji Weft has a workforce of 14 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Balaji Weft, 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 Weft'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.
