Balashri Commercial Profile
Key Indicators
- Authorised Capital ₹ 5.05 Cr
- Paid Up Capital ₹ 5.04 Cr
- Company Age 66 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.55 M
- Satisfied Charges ₹ 185.00 Cr
- Revenue Growth -29.07%
- Profit Growth 85.40%
- Ebitda -32.74%
- Net Worth -19.62%
- Total Assets -28.24%
About Balashri Commercial
Balashri Commercial Limited (BCL) was founded in India on 18 October 1958 and has a glorious history of 66 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as The Balrampur Sugar Company Limited. The Company is engaged in the Financial Services 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 5.05 Cr and a paid-up capital of Rs 5.04 Cr.
The company currently has active open charges totaling ₹2.55 M. The company has closed loans amounting to ₹185.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Balashri Commercial Limited India are Mr Nuwal as CFO and Rohit Jain as Company Secretary. Rajesh Nuwal, Rakesh Pawar, Radheyshyam Maheshwari, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L15321MH1958PLC281327
- Company No.
281327
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Oct 1958
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Financial Services
Balashri Commercial Limited
Explore comprehensive data for Balashri Commercial Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Balashri Commercial?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Nuwal  | CFO | 28-Aug-2023 | Current |
| Rohit Jain | Company Secretary | 27-May-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radheyshyam Maheshwari | Director | 31-Mar-2011 | Current |
| Rajesh Nuwal | Director and Cfo | 30-Jun-2014 | Current |
| Rakesh Pawar | Director | 19-Apr-2010 | Current |
| Kausik Shah | Director | 10-Aug-2024 | Current |
Financial Performance of Balashri Commercial.
Balashri Commercial Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.07% decrease. The company also saw a substantial improvement in profitability, with a 85.4% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balashri Commercial?
In 2022, Balashri Commercial had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indianivesh Capitals LimitedRajesh Nuwal is a mutual person
- Indianivesh Limited
Rajesh Nuwal, Kausik Shah and 1 more are mutual person
- Indianivesh Shares And Securities Private Limited
Rajesh Nuwal and Kausik Shah are mutual person
- Indianivesh Securities Limited
Rajesh Nuwal is a mutual person
- Indianivesh Corporate Finance Private Limited
Rajesh Nuwal is a mutual person
- Indianivesh Financial Advisors Limited
Rajesh Nuwal is a mutual person
Charges (Loans)
Open Charges
₹0.26 Cr
Satisfied Charges
₹185.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of Indore : 0.14 Cr
- The North Kanera Goud Saraswat Brahmin Cooperative Bank Ltd. : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 1989 | State Bank Of Indore | ₹1.43 M | Open |
| 05 Feb 1986 | The North Kanera Goud Saraswat Brahmin Cooperative Bank Ltd. | ₹1.13 M | Open |
| 11 Apr 2019 | Hdfc Bank Limited | ₹185.00 Cr | Satisfied |
How Many Employees Work at Balashri Commercial?
Unlock and access historical data on people associated with Balashri Commercial, 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 Balashri Commercial, 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 Balashri Commercial'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.
Latest Updates, News, and FAQs on Balashri Commercial
Recent activity within the organization
- Director Appointment
Kausik Jashwantlal Shah was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 8 months 3 days .
- Director Appointment
Rohit Jain was appointed as a Company Secretary was appointed as a Company Secretary on 27 May 2024 & has been associated with this company since 10 months 17 days .
- Annual General Meeting
Balashri Commercial Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Balashri Commercial Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 11 Apr 2019 via Charge ID 100257862 with Hdfc Bank Limited was fully satisfied on 04 Feb 2022.
- Charges
A charge with Hdfc Bank Limited of Rs. 185.00 Cr registered on 11 Apr 2019 with Charge ID 100257862 was modified on 19 Dec 2019.
Frequently asked questions
What is the Incorporation or founding date of Balashri Commercial Limited?
Balashri Commercial Limited was incorporated on 18 Oct 1958.
What is authorized share capital and paid-up capital of Balashri Commercial Limited?
The authorized share capital of Balashri Commercial Limited is ₹ 5.05 Cr and paid-up capital is ₹ 5.04 Cr.
Who are the current board members & directors of Balashri Commercial Limited?
Currently 6 directors are associated with Balashri Commercial Limited.
- Rajesh Nuwal
- Rakesh Ramdas Pawar
- Radheyshyam Bajranglal Maheshwari
- Kausik Jashwantlal Shah
- Mr Rajesh Nuwal
- Rohit Jain
What is the registered address of Balashri Commercial Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Balashri Commercial Limited is 1701 17Th Floor Lodha Supremus Senapati Bapat Marg, Lower Parel India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Balashri Commercial Limited?
The corporate identification number (CIN) of Balashri Commercial Limited is L15321MH1958PLC281327 and the company number is 281327 as per Ministry of Corporate Affairs (MCA).
What is the official website of Balashri Commercial Limited?
The Official website of Balashri Commercial Limited is https://www.balashri.com
What has been the recent revenue trend for Balashri Commercial Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Balashri Commercial Limited has fallen by -29.07%.
What change has been observed in the net worth of Balashri Commercial Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Balashri Commercial Limited has experienced an downturn of -19.62%.
What are the total open charges for Balashri Commercial Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Balashri Commercial Limited amount to ₹ 2.55 M.
When was the last Balance Sheet of Balashri Commercial Limited filed with the ROC?
The most recent Balance Sheet for Balashri Commercial Limited was filed with the ROC on 31 Mar 2023.
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