Balak Autos Private Limited

Imports, exports, and trades automobiles and spare parts since 2004 in Ludhiana, Punjab.

2004 | Ludhiana, Punjab (India) | Active
Last Updated:

Balak Autos Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.70 M
  • Company Age 21 Year, 8 Days
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 9.50 Cr
  • Satisfied Charges ₹ 21.17 Cr
  • Revenue Growth %
  • Profit Growth -319.98%
  • Ebitda 40.65%
  • Net Worth -17.24%
  • Total Assets -0.35%

About Balak Autos

Balak Autos Private Limited (BAPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 May 2004 and has a history of 21 years. Its registered office is in Ludhiana, Punjab, India.

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.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Automotive
Company report

Balak Autos Private Limited

Explore comprehensive data for Balak Autos Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Bhagwan Garg Country flag representing In Director 06-May-2004Current
Sangeeta Garg Country flag representing In Director 06-May-2004Current
Deepak Sahni Country flag representing In Director 29-Mar-2011Current

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%.

Balak Autos revenue growth over time
Balak Autos 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
-0.35%
Profit or Loss
-319.98%
Net Worth
-17.24%
EBITDA
40.65%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.50 Cr

Satisfied Charges

₹21.17 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 9.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2011Bank Of India₹9.50 CrOpen
30 Nov 2009Industrial Development Bank Of India₹9.92 CrSatisfied
30 Oct 2004Kotak Mahindra Primus Limited₹1.00 CrSatisfied
30 Oct 2004Kotak Mahindra Primus Ltd;₹1.00 CrSatisfied
10 Sep 2004Punjab National Bank₹3.75 CrSatisfied

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.

Employee growth trends for Balak Autos Private Limited

Deals i

Graph showing company valuation over time

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

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 Autos

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 30 Oct 2004 via Charge ID 90175628 with Kotak Mahindra Primus Limited was fully satisfied on 18 Jun 2013.

  • Charges

    A charge registered on 30 Oct 2004 via Charge ID 90312141 with Kotak Mahindra Primus Ltd; was fully satisfied on 18 Jun 2013.

  • Charges

    A charge registered on 30 Jun 2004 via Charge ID 90175570 with Kotak Mahindra Primus Limited was fully satisfied on 18 Jun 2013.

  • Charges

    A charge registered on 30 Jun 2004 via Charge ID 90312054 with Kotak Mahindra Primus Ltd. was fully satisfied on 18 Jun 2013.

Frequently asked questions

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

    Balak Autos Private Limited was incorporated on 06 May 2004.

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

    The authorized share capital of Balak Autos Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.70 M.

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

    Currently 3 directors are associated with Balak Autos Private Limited.

    • Bhagwan Dass Garg
    • Sangeeta Rani Garg
    • Deepak Sahni

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Balak Autos Private Limited is Sidh Complex, G.T. Road Near Old Octroi India, Ludhiana, Punjab, 141001.

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

    The corporate identification number (CIN) of Balak Autos Private Limited is U50100PB2004PTC027100 and the company number is 027100 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Balak Autos Private Limited has experienced an downturn of -17.24%.

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

    As per the financial statements for fiscal Year 2016, The total open charges for Balak Autos Private Limited amount to ₹ 9.50 Cr.

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

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

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