Balak Automotives Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 7.10 M
- Company Age 18 Year, 9 Days
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 18.10 Cr
- Satisfied Charges ₹ 29.72 Cr
- Revenue Growth %
- Ebitda 50.79%
- Net Worth -2081.64%
- Total Assets -0.18%
About Balak Automotives
Balak Automotives Private Limited (BAPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 February 2007 and has a history of 18 years. Its registered office is in Ludhiana, Punjab.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 7.10 M.
The company currently has active open charges totaling ₹18.10 Cr. The company has closed loans amounting to ₹29.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhagwan Garg and Sangeeta Garg serve as directors at the Company.
Company Details
- Location Ludhiana, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50101PB2007PTC030898
- Company No.
030898
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Feb 2007
- Date of AGM
30 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Balak Automotives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhagwan Garg  | Director | 15-Feb-2007 | Current |
| Sangeeta Garg | Director | 15-Feb-2007 | Current |
Financial Performance of Balak Automotives.
Balak Automotives Private Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 2081.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balak Automotives?
In 2016, Balak Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Balak Autos Private LimitedBhagwan Garg and Sangeeta Garg are mutual person
- Sidh Power Private Limited
Sangeeta Garg is a mutual person
- Deotsidh Steels Private Limited
Sangeeta Garg is a mutual person
Charges (Loans)
₹18.10 Cr
₹29.72 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 18.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2011 | Bank Of India | ₹18.10 Cr | Open |
| 16 Dec 2009 | Indusind Bank Limited | ₹2.00 Cr | Satisfied |
| 30 Nov 2009 | Industrial Development Bank Of India | ₹17.22 Cr | Satisfied |
| 11 Apr 2007 | Punjab National Bank | ₹5.00 M | Satisfied |
| 11 Apr 2007 | Punjab National Bank | ₹10.00 Cr | Satisfied |
How Many Employees Work at Balak Automotives?
Unlock and access historical data on people associated with Balak Automotives, 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 Balak Automotives, 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 Balak Automotives'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
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