Balasore Solvents Pvt Ltd

Manufactures and exports vegetable oils, including rice bran and soya bean, with solvent extraction plant.

1996 | Howrah, West Bengal (India) | Active
Last Updated: November 16, 2024

Balasore Solvents Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.75 Cr
  • Satisfied Charges ₹ 2.56 Cr
  • Revenue Growth 95.94%
  • Profit Growth 84.10%
  • Ebitda 53.21%
  • Net Worth 1.56%
  • Total Assets 114.72%

About Balasore Solvents

Balasore Solvents Pvt Ltd (BSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 May 1996 and has a history of 28 years and eight months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Chemicals And Materials 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 1.25 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹3.75 Cr. The company has closed loans amounting to ₹2.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shreeram Baheti and Gouri Baheti serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143WB1996PTC079674

  • Company No.

    079674

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials
Financial Services
Food and Beverages

Who are the key members and board of directors at Balasore Solvents?

Board Members (2)

Name Designation Appointment Date Status
Shreeram Baheti Country flag representing In Director 01-Jul-2001 Current
Gouri Baheti Country flag representing In Director 30-Jul-2011 Current

Financial Performance of Balasore Solvents.

Balasore Solvents Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 95.94% increase. The company also saw a substantial improvement in profitability, with a 84.1% increase in profit. The company's net worth moved up by a moderate rise of 1.56%.

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
95.94%
Revenue from Operations
78.65%
Total Assets
114.72%
Profit or Loss
84.10%
Net Worth
1.56%
EBITDA
53.21%

What is the Ownership and Shareholding Structure of Balasore Solvents?

In 2023, Balasore Solvents had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.75 Cr

Satisfied Charges

₹2.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.75 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2022 Others ₹3.75 Cr Open
23 Jul 2003 State Bank Of India ₹5.00 M Satisfied
31 Dec 1999 State Bank Of India ₹2.06 Cr Satisfied

How Many Employees Work at Balasore Solvents?

Balasore Solvents has a workforce of 0 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 Balasore Solvents, 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 Solvents'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 Balasore Solvents

Recent activity within the organization

  • Annual General Meeting

    Balasore Solvents Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 3.75 Cr registered on 28 Sep 2022 with Charge ID 100619679 was modified on 21 Aug 2024.

    21 Aug 2024

  • Balance Sheet

    Balasore Solvents Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.75 Cr with Charge ID 100619679 was registered on 28 Sep 2022.

    28 Sep 2022

  • Charges

    A charge registered on 23 Jul 2003 via Charge ID 80019075 with State Bank Of India was fully satisfied on 29 May 2020.

    29 May 2020

  • Charges

    A charge registered on 31 Dec 1999 via Charge ID 80019125 with State Bank Of India was fully satisfied on 29 May 2020.

    29 May 2020

Frequently asked questions

  • Balasore Solvents Pvt Ltd was incorporated on 15 May 1996.

  • The authorized share capital of Balasore Solvents Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 2 directors are associated with Balasore Solvents Pvt Ltd.

    • Shreeram Baheti
    • Gouri Shankar Baheti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balasore Solvents Pvt Ltd is 48 Sailo Kumar Mukherjee Road Ground Floor, Room No. 1 India, Howrah, West Bengal, 711101.

  • The corporate identification number (CIN) of Balasore Solvents Pvt Ltd is U15143WB1996PTC079674 and the company number is 079674 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balasore Solvents Pvt Ltd has risen by 95.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balasore Solvents Pvt Ltd has experienced an upsurge of 1.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balasore Solvents Pvt Ltd amount to ₹ 3.75 Cr.

  • The most recent Balance Sheet for Balasore Solvents Pvt Ltd was filed with the ROC on 31 Mar 2024.

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