Balar Marketing Pvt Ltd

Manufacturer of wires, cables, switch gears, and lighting systems under 'Kundan Cab' brand.

1992 | Delhi (India) | Active
Last Updated: November 16, 2024

Balar Marketing Profile

Key Indicators

  • Authorised Capital ₹ 11.60 Cr
  • Paid Up Capital ₹ 8.52 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 165.38 Cr
  • Satisfied Charges ₹ 15.23 Cr
  • Revenue Growth 25.98%
  • Profit Growth -12.06%
  • Ebitda -6.17%
  • Net Worth 14.84%
  • Total Assets 28.99%

About Balar Marketing

Balar Marketing Pvt Ltd (BMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 1992 and has a history of 32 years and three months. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 11.60 Cr and a paid-up capital of Rs 8.52 Cr.

The company currently has active open charges totaling ₹165.38 Cr. The company has closed loans amounting to ₹15.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dinesh Jain, Parasmal Jain, and Sureshkumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36102DL1992PTC050686

  • Company No.

    050686

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Balar Marketing?

Executive Team (1)

Name Designation Appointment Date Status
Parasmal Jain Country flag representing In Managing Director 20-Oct-1992 Current

Board Members (2)

Name Designation Appointment Date Status
Dinesh Jain Country flag representing In Director 19-Jul-2010 Current
Sureshkumar Country flag representing In Director 02-Apr-2018 Current

Financial Performance of Balar Marketing.

Balar Marketing Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.98% increase. The company also saw a substantial fall in profitability, with a 12.06% decrease in profit. The company's net worth Soared by an impressive increase of 14.84%.

Graph illustrating revenue growth over time
Graph showing 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
25.98%
Revenue from Operations
25.93%
Total Assets
28.99%
Profit or Loss
-12.06%
Net Worth
14.84%
EBITDA
-6.17%

What is the Ownership and Shareholding Structure of Balar Marketing?

In 2023, Balar Marketing had a promoter holding of 36.63% and a public holding of 63.37%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹165.38 Cr

Satisfied Charges

₹15.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 80.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 44.10 Cr
  • Citi Bank N.A. : 40.00 Cr
  • Axis Bank Limited : 1.28 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2024 Citi Bank N.A. ₹40.00 Cr Open
01 Jun 2021 Axis Bank Limited ₹9.70 M Open
15 Feb 2020 Others ₹40.00 Cr Open
09 Sep 2019 Axis Bank Limited ₹3.14 M Open
22 Nov 2018 The Hongkong And Shanghai Banking Corporation Limited ₹40.00 Cr Open

How Many Employees Work at Balar Marketing?

Balar Marketing has a workforce of 357 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balar Marketing, 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 Balar Marketing'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 Balar Marketing

Recent activity within the organization

  • Charges

    A charge registered on 14 Dec 2021 via Charge ID 100518576 with Others was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 40.00 Cr with Charge ID 100924647 was registered on 08 Apr 2024.

    08 Apr 2024

  • Annual General Meeting

    Balar Marketing Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Balar Marketing Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 15 Feb 2020 with Charge ID 100332425 was modified on 09 Dec 2022.

    09 Dec 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 40.00 Cr registered on 22 Nov 2018 with Charge ID 100223463 was modified on 09 Dec 2022.

    09 Dec 2022

Frequently asked questions

  • Balar Marketing Pvt Ltd was incorporated on 20 Oct 1992.

  • The authorized share capital of Balar Marketing Pvt Ltd is ₹ 11.60 Cr and paid-up capital is ₹ 8.52 Cr.

  • Currently 3 directors are associated with Balar Marketing Pvt Ltd.

    • Dinesh Jain
    • Parasmal Jain
    • Sureshkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balar Marketing Pvt Ltd is 217, Functional Industrial Estate Patpar Ganj India, Delhi, 110092.

  • The corporate identification number (CIN) of Balar Marketing Pvt Ltd is U36102DL1992PTC050686 and the company number is 050686 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balar Marketing Pvt Ltd is https://www.kundancab.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balar Marketing Pvt Ltd has risen by 25.98%.

  • As Per 2023 financial reports, 357 employees are currently employed by Balar Marketing Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balar Marketing Pvt Ltd has experienced an upsurge of 14.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balar Marketing Pvt Ltd amount to ₹ 165.38 Cr.

  • The most recent Balance Sheet for Balar Marketing Pvt Ltd was filed with the ROC on 31 Mar 2023.

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