Balashri Metals Private Limited

Produces ingots and operates sponge iron, ferro manganese, and mini steel plants for stainless steel and sponge iron manufacturing.

2004 | 24 Parganas, West Bengal (India) | Active
Last Updated: January 03, 2025

Balashri Metals Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.68 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.04 Cr
  • Revenue Growth -1.48%
  • Profit Growth 12.03%
  • Ebitda 10.09%
  • Net Worth 1.61%
  • Total Assets -12.28%

About Balashri Metals

Balashri Metals Private Limited (BMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 May 2004 and has a history of 20 years and nine months. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Metals And Minerals 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 1.70 Cr and a paid-up capital of Rs 1.68 Cr.

The company currently has active open charges totaling ₹6.04 Cr.

Mehul Basant and Milan Basant serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102WB2004PTC098556

  • Company No.

    098556

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Balashri Metals?

Board Members (2)

NameDesignationAppointment DateStatus
Mehul Basant Country flag representing In Director 16-Feb-2024Current
Milan Basant Country flag representing In Director 02-Jul-2018Current

Financial Performance of Balashri Metals.

Balashri Metals Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.48% decrease. The company also saw a substantial improvement in profitability, with a 12.03% increase in profit. The company's net worth moved up by a moderate rise of 1.61%.

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
-1.48%
Revenue from Operations
-1.26%
Total Assets
-12.28%
Profit or Loss
12.03%
Net Worth
1.61%
EBITDA
10.09%

What is the Ownership and Shareholding Structure of Balashri Metals?

In 2023, Balashri Metals had a promoter holding of 93.15% and a public holding of 6.85%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.04 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • United Bank Of India : 3.54 Cr
  • Others : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
11 May 2016Others₹2.50 CrOpen
18 Feb 2005United Bank Of India₹3.54 CrOpen

How Many Employees Work at Balashri Metals?

Unlock and access historical data on people associated with Balashri Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balashri Metals, 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 Metals'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 Balashri Metals

Recent activity within the organization

  • Annual General Meeting

    Balashri Metals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Balashri Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Mehul Kumar Basant was appointed as a Director was appointed as a Director on 16 Feb 2024 & has been associated with this company since 1 year 6 days .

    16 Feb 2024

  • Director Appointment

    Milan Kumar Basant was appointed as a Director was appointed as a Director on 02 Jul 2018 & has been associated with this company since 6 years 7 months .

    02 Jul 2018

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100028961 was registered on 11 May 2016.

    11 May 2016

  • Charges

    A charge with United Bank Of India of Rs. 3.54 Cr registered on 18 Feb 2005 with Charge ID 80023183 was modified on 24 Jan 2007.

    24 Jan 2007

Frequently asked questions

  • Balashri Metals Private Limited was incorporated on 18 May 2004.

  • The authorized share capital of Balashri Metals Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.68 Cr.

  • Currently 2 directors are associated with Balashri Metals Private Limited.

    • Mehul Kumar Basant
    • Milan Kumar Basant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balashri Metals Private Limited is Destiny Towers 25 Chinar Park Flat No. 4F, 4Th Floor India, Kolkata, West Bengal, 700157.

  • The corporate identification number (CIN) of Balashri Metals Private Limited is U27102WB2004PTC098556 and the company number is 098556 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balashri Metals Private Limited has fallen by -1.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balashri Metals Private Limited has experienced an upsurge of 1.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balashri Metals Private Limited amount to ₹ 6.04 Cr.

  • The most recent Balance Sheet for Balashri Metals Private Limited was filed with the ROC on 31 Mar 2024.

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