Balak Automotives Private Limited

Provides services and products related to automobiles, including sales, repairs, and trading.

2007 | Ludhiana, Punjab (India) | Active
Last Updated:

Balak Automotives Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 7.10 M
  • Company Age 18 Year, 25 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

Automotive

Who are the key members and board of directors at Balak Automotives?

Board Members (2)

NameDesignationAppointment DateStatus
Bhagwan Garg Country flag representing In Director 15-Feb-2007Current
Sangeeta Garg Country flag representing In Director 15-Feb-2007Current

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%.

Balak Automotives revenue growth over time
Balak Automotives 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
Revenue from Operations
Total Assets
-0.18%
Profit or Loss
Net Worth
-2081.64%
EBITDA
50.79%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.10 Cr

Satisfied Charges

₹29.72 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 18.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2011Bank Of India₹18.10 CrOpen
16 Dec 2009Indusind Bank Limited₹2.00 CrSatisfied
30 Nov 2009Industrial Development Bank Of India₹17.22 CrSatisfied
11 Apr 2007Punjab National Bank₹5.00 MSatisfied
11 Apr 2007Punjab National Bank₹10.00 CrSatisfied

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.

Employee growth trends for Balak Automotives Private Limited

Deals i

Graph showing company valuation over time

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

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 Balak Automotives

Recent activity within the organization

  • Annual General Meeting

    Balak Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

  • Balance Sheet

    Balak Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh.

  • Charges

    A charge registered on 16 Dec 2009 via Charge ID 10200142 with Indusind Bank Limited was fully satisfied on 13 Jun 2013.

  • Charges

    A charge registered on 30 Nov 2009 via Charge ID 10191036 with Industrial Development Bank Of India was fully satisfied on 03 Jun 2013.

  • Charges

    A charge registered on 11 Apr 2007 via Charge ID 10049359 with Punjab National Bank was fully satisfied on 10 Dec 2012.

  • Charges

    A charge registered on 11 Apr 2007 via Charge ID 10049360 with Punjab National Bank was fully satisfied on 10 Dec 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Balak Automotives Private Limited?

    Balak Automotives Private Limited was incorporated on 15 Feb 2007.

  • What is authorized share capital and paid-up capital of Balak Automotives Private Limited?

    The authorized share capital of Balak Automotives Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 7.10 M.

  • Who are the current board members & directors of Balak Automotives Private Limited?

    Currently 2 directors are associated with Balak Automotives Private Limited.

    • Bhagwan Dass Garg
    • Sangeeta Rani Garg

  • What is the registered address of Balak Automotives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balak Automotives Private Limited is Sidh Complex Village Jugiana, G. T. Road India, Ludhiana, Punjab, 141020.

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

    The corporate identification number (CIN) of Balak Automotives Private Limited is U50101PB2007PTC030898 and the company number is 030898 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Balak Automotives Private Limited has experienced an downturn of -2081.64%.

  • What are the total open charges for Balak Automotives Private Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Balak Automotives Private Limited amount to ₹ 18.10 Cr.

  • When was the last Balance Sheet of Balak Automotives Private Limited filed with the ROC?

    The most recent Balance Sheet for Balak Automotives Private Limited was filed with the ROC on 31 Mar 2016.

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