Balak Autos Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 23-12-2024
- Paid Up Capital ₹ 6.70 M
as on 23-12-2024
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 9.50 Cr
as on 23-12-2024
- Satisfied Charges ₹ 21.17 Cr
as on 23-12-2024
- Revenue %
(FY 2016)
- Profit -319.98%
(FY 2016)
- Ebitda 40.65%
(FY 2016)
- Net Worth -17.24%
(FY 2016)
- Total Assets -0.35%
(FY 2016)
About Balak Autos
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 1.00 Cr and a paid-up capital of Rs 6.70 M.
The company currently has active open charges totaling ₹9.50 Cr. The company has closed loans amounting to ₹21.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhagwan Garg, Sangeeta Garg, and Deepak Sahni serve as directors at the Company.
- CIN/LLPIN
U50100PB2004PTC027100
- Company No.
027100
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 May 2004
- Date of AGM
30 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Balak Autos?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhagwan Garg  | Director | 06-May-2004 | Current |
| Sangeeta Garg | Director | 06-May-2004 | Current |
| Deepak Sahni | Director | 29-Mar-2011 | Current |
Financial Performance of Balak Autos.
Balak Autos Private Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 319.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balak Autos?
In 2016, Balak Autos 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 Automotives Private LimitedActive 17 years 11 monthsBhagwan Garg and Sangeeta Garg are mutual person
Charges (Loans)
₹9.50 Cr
₹21.17 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 9.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2011 | Bank Of India | ₹9.50 Cr | Open |
| 30 Nov 2009 | Industrial Development Bank Of India | ₹9.92 Cr | Satisfied |
| 30 Oct 2004 | Kotak Mahindra Primus Limited | ₹1.00 Cr | Satisfied |
| 30 Oct 2004 | Kotak Mahindra Primus Ltd; | ₹1.00 Cr | Satisfied |
| 10 Sep 2004 | Punjab National Bank | ₹3.75 Cr | Satisfied |
How Many Employees Work at Balak Autos?
Unlock and access historical data on people associated with Balak Autos, 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 Autos, 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 Autos'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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