Balasanka Motor Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
as on 24-10-2024
- Paid Up Capital ₹ 6.50 M
as on 24-10-2024
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.92 Cr
as on 24-10-2024
- Satisfied Charges ₹ 1.31 Cr
as on 24-10-2024
- Revenue 25.51%
(FY 2023)
- Profit 22.64%
(FY 2023)
- Ebitda -35.18%
(FY 2023)
- Net Worth 0.81%
(FY 2023)
- Total Assets 16.22%
(FY 2023)
About Balasanka Motor
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 2023. It's a company limited by shares with an authorized capital of Rs 6.50 M and a paid-up capital of Rs 6.50 M.
The company currently has active open charges totaling ₹10.92 Cr. The company has closed loans amounting to ₹1.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thiruppathi Maheswaran, Kumaresan Vinayakamoorthy, Murugesan Moorthy, and Three other members serve as directors at the Company.
- CIN/LLPIN
U50401TN2003PTC051673
- Company No.
051673
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Sep 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Theni, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Balasanka Motor?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumaresan Vinayakamoorthy  | Managing Director | 29-Sep-2003 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Thiruppathi Maheswaran | Director | 29-Sep-2003 | Current |
| Murugesan Moorthy | Whole-Time Director | 29-Sep-2003 | Current |
| Murugesan Narayanan | Director | 11-Jul-2012 | Current |
| Sundaram Kumaresan | Director | 11-Jul-2012 | Current |
| Ramamoorthy Selvaganesh | Whole-Time Director | 01-Dec-2006 | Current |
Financial Performance of Balasanka Motor.
Balasanka Motor Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.51% increase. The company also saw a substantial improvement in profitability, with a 22.64% increase in profit. The company's net worth moved up by a moderate rise of 0.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balasanka Motor?
In 2023, Balasanka Motor had a promoter holding of 28.77% and a public holding of 71.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Balasanka Automobiles LlpActive 3 years 5 months
Kumaresan Vinayakamoorthy and Murugesan Moorthy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 30 Nov 2020 | ₹2.00 M | Open |
State Bank Of India Creation Date: 16 May 2011 | ₹10.72 Cr | Open |
State Bank Of India Creation Date: 23 Apr 2004 | ₹1.31 Cr | Satisfied |
How Many Employees Work at Balasanka Motor?
Balasanka Motor has a workforce of 99 employees as of Apr 07, 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 Balasanka Motor, 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 Balasanka Motor'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.
