Balasore Alloys Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 46.66 Cr
- Company Age 40 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 585.59 Cr
- Satisfied Charges ₹ 255.79 Cr
- Revenue Growth 6.32%
- Profit Growth -43.03%
- Ebitda -413.49%
- Net Worth -7.06%
- Total Assets -4.84%
About Balasore Alloys
Balasore Alloys Limited (BAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 1984 and has a history of 40 years and eight months. Its registered office is in Baleswar, Odisha, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513142.
The Corporate was formerly known as Ispat Alloys Limited. 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 100.00 Cr and a paid-up capital of Rs 46.66 Cr.
The company currently has active open charges totaling ₹585.59 Cr. The company has closed loans amounting to ₹255.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Balasore Alloys Limited India are Shiv Dabriwala as CFO and Pankaj Agarwal as Company Secretary. Debasish Ganguly, Rajib Das, Ketan Kale, and Six other members serve as directors at the Company.
Company Details
- Location
Baleswar, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27101OR1984PLC001354
- Company No.
001354
- Stock Symbol
BSE : 513142
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 May 1984
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Cuttack
Industry
What products or services does Balasore Alloys Limited offer?
Balasore Alloys Limited offers a wide range of products and services, including Building & Real Estate Developers, Construction Service, Landscape Structure and Designing, Landscaping Services, Quartz Ore, Quartz Mineral, Ferro Alloys, High Carbon Ferrochrome, Extraction Plants and Extruders, Metal Refining Plant.
Who are the key members and board of directors at Balasore Alloys?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shiv Dabriwala | CFO | 25-Apr-2024 | Current |
| Pankaj Agarwal | Company Secretary | 17-Jul-2023 | Current |
Debasish Ganguly  | Managing Director | 10-Apr-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajib Das | Director | 02-Apr-2021 | Current |
| Ketan Kale | Director | 13-Aug-2024 | Current |
| Naga Chikali | Whole-Time Director | 28-Mar-2024 | Current |
| Pravakar Mohanty | Director | 15-Feb-2023 | Current |
| Pankaj Kapoor | Additional Director | 05-Nov-2024 | Current |
| Ramen Raymandal | Director | 15-Feb-2023 | Current |
Financial Performance of Balasore Alloys.
Balasore Alloys Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.32% increase. The company also saw a substantial fall in profitability, with a 43.03% decrease in profit. The company's net worth dipped by a decrease of 7.06%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Balasore Alloys?
In 2023, Balasore Alloys had a promoter holding of 61.44% and a public holding of 38.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Trove Visuals International LlpKetan Kale is a mutual person
- Howen Piepers Private Limited
Shweta Jain is a mutual person
Charges (Loans)
₹585.59 Cr
₹255.79 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 446.06 Cr
- Others : 61.21 Cr
- Sbicap Trustee Company Limited : 46.86 Cr
- State Bank Of Hyderabad : 27.89 Cr
- Hinduja Leyland Finance Limited : 2.07 Cr
- Others : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2017 | Others | ₹13.00 Cr | Open |
| 09 Mar 2016 | Others | ₹48.21 Cr | Open |
| 22 Apr 2015 | Hinduja Leyland Finance Limited | ₹2.11 M | Open |
| 24 Mar 2015 | Hinduja Leyland Finance Limited | ₹1.02 M | Open |
| 17 Mar 2015 | Sbicap Trustee Company Limited | ₹46.86 Cr | Open |
How Many Employees Work at Balasore Alloys?
Balasore Alloys has a workforce of 563 employees as of Apr 10, 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 Balasore Alloys, 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 Balasore Alloys'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.
