Balan Engineering Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.64 Cr
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.67 Cr
- Revenue Growth 515.25%
- Profit Growth -746.94%
- Ebitda -975.86%
- Net Worth 1971.72%
- Total Assets 440.76%
About Balan Engineering
Balan Engineering Private Limited (BEPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 March 2019 (Five years and ten months 9 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.64 Cr.
The company currently has active open charges totaling ₹20.67 Cr.
Balakrishnan Kumar, Mrunalini Nandaa, and Usha Nandakumar serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999KA2019PTC122772
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Company No.
122772
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Mar 2019
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Balan Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balakrishnan Kumar
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Director | 27-Mar-2019 | Current |
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Mrunalini Nandaa
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Director | 17-Sep-2020 | Current |
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Usha Nandakumar
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Director | 27-Mar-2019 | Current |
Financial Performance of Balan Engineering.
Balan Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 515.25% increase. The company also saw a substantial fall in profitability, with a 746.94% decrease in profit. The company's net worth Soared by an impressive increase of 1971.72%.
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What is the Ownership and Shareholding Structure of Balan Engineering?
In 2023, Balan Engineering 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)
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Balan Property Holdings Private LimitedBalakrishnan Kumar and Usha Nandakumar are mutual person
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Balan Agro Products Private LimitedBalakrishnan Kumar and Usha Nandakumar are mutual person
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Balan Organic Chemicals Private Limited
Balakrishnan Kumar, Mrunalini Nandaa and 1 more are mutual person
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Balan Biosciences Private Limited
Balakrishnan Kumar and Usha Nandakumar are mutual person
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Subramanya Info Tech India Private Limited
Balakrishnan Kumar, Mrunalini Nandaa and 1 more are mutual person
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N.K Utilities Limited
Balakrishnan Kumar and Mrunalini Nandaa are mutual person
Charges (Loans)
₹20.67 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 19.15 Cr
- Others : 1.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2022 | State Bank Of India | ₹19.15 Cr | Open |
| 25 Feb 2021 | Others | ₹1.52 Cr | Open |
How Many Employees Work at Balan Engineering?
Balan Engineering has a workforce of 42 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Balan Engineering, 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 Balan Engineering'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
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.
