Balaji Weft Private Limited

Textile manufacturing and processing services for various types of fabrics.

2013 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Balaji Weft Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.93 Cr
  • Company Age 11 Year, 10 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 ten 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100GJ2013PTC074859

  • Company No.

    074859

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2013

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Akash Patel Company Secretary15-Mar-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Yamunadutt Agrawal Country flag representing In Director 03-May-2013Current
Devkinandan Sharma Country flag representing In Director 27-Jun-2022Current

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%.

Balaji Weft revenue growth over time
Balaji Weft 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
-20.26%
Revenue from Operations
-20.23%
Total Assets
8.28%
Profit or Loss
-64.35%
Net Worth
3.25%
EBITDA
-52.78%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.81 Cr

Satisfied Charges

₹46.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 47.81 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2021State Bank Of India₹10.81 CrOpen
14 Nov 2019State Bank Of India₹37.00 CrOpen
30 Aug 2017Bank Of India₹46.80 CrSatisfied

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.

Employee growth trends for Balaji Weft Private Limited

Deals i

Graph showing company valuation over time

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

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 Weft

Recent activity within the organization

  • Annual General Meeting

    Balaji Weft Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Balaji Weft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Akash Patel was appointed as a Company Secretary was appointed as a Company Secretary on 15 Mar 2024 & has been associated with this company since 11 months 19 days .

  • Director Appointment

    Devkinandan Jagdishprashad Sharma was appointed as a Director was appointed as a Director on 27 Jun 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.81 Cr with Charge ID 100521661 was registered on 24 Dec 2021.

  • Charges

    A charge with State Bank Of India of Rs. 37.00 Cr registered on 14 Nov 2019 with Charge ID 100308351 was modified on 19 May 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Balaji Weft Private Limited?

    Balaji Weft Private Limited was incorporated on 03 May 2013.

  • What is authorized share capital and paid-up capital of Balaji Weft Private Limited?

    The authorized share capital of Balaji Weft Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.93 Cr.

  • Who are the current board members & directors of Balaji Weft Private Limited?

    Currently 3 directors are associated with Balaji Weft Private Limited.

    • Yamunadutt Amilal Agrawal
    • Devkinandan Jagdishprashad Sharma
    • Akash Patel

  • What is the registered address of Balaji Weft Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Weft Private Limited is Jindalhouse Opp.Dmart I.O.C.Petrolpumplane Shivranjanishyamal132Ft.Ringroad, S Atellite India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Balaji Weft Private Limited?

    The corporate identification number (CIN) of Balaji Weft Private Limited is U17100GJ2013PTC074859 and the company number is 074859 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Balaji Weft Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Balaji Weft Private Limited has fallen by -20.26%.

  • How many employees does Balaji Weft Private Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Balaji Weft Private Limited.

  • What change has been observed in the net worth of Balaji Weft Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Balaji Weft Private Limited has experienced an upsurge of 3.25%.

  • What are the total open charges for Balaji Weft Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Balaji Weft Private Limited amount to ₹ 47.81 Cr.

  • When was the last Balance Sheet of Balaji Weft Private Limited filed with the ROC?

    The most recent Balance Sheet for Balaji Weft Private Limited was filed with the ROC on 31 Mar 2024.

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