Balatele Systems Private Limited

Provides long-distance telecommunication services and equipment for communication and automatics electronics.

2003 | Rohtak, Haryana (India) | Active
Last Updated: June 17, 2024

Balatele Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.33 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 Cr
  • Satisfied Charges ₹ 3.43 Cr
  • Revenue Growth 36.37%
  • Profit Growth -74.17%
  • Ebitda 13.23%
  • Net Worth 32.69%
  • Total Assets 34.53%

About Balatele Systems

Balatele Systems Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 2003 and has a history of 21 years and three months. Its registered office is in Rohtak, Haryana, India.

The Company is engaged in the Telecom 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 1.00 Cr and a paid-up capital of Rs 3.33 M.

The company currently has active open charges totaling ₹5.50 Cr. The company has closed loans amounting to ₹3.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parmod Kumar and Parveen Ahlawat serve as directors at the Company.

Company Details

  • Location

    Rohtak, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64201HR2003PTC035237

  • Company No.

    035237

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2003

  • Date of AGM

    19 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Telecom

Who are the key members and board of directors at Balatele Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Parmod Kumar Country flag representing In Director 16-Nov-2003Current
Parveen Ahlawat Country flag representing In Director 03-Jul-2008Current

Financial Performance of Balatele Systems.

Balatele Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.37% increase. The company also saw a substantial fall in profitability, with a 74.17% decrease in profit. The company's net worth Soared by an impressive increase of 32.69%.

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
36.37%
Revenue from Operations
47.58%
Total Assets
34.53%
Profit or Loss
-74.17%
Net Worth
32.69%
EBITDA
13.23%

What is the Ownership and Shareholding Structure of Balatele Systems?

In 2023, Balatele Systems had a promoter holding of 84.98% and a public holding of 15.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 Cr

Satisfied Charges

₹3.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.10 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2023Hdfc Bank Limited₹4.00 MOpen
18 Dec 2009Others₹5.10 CrOpen
25 Feb 2016Icici Bank Limited₹2.00 CrSatisfied
07 Oct 2013Bank Of Baroda₹1.50 MSatisfied
18 Dec 2009Bank Of Baroda₹1.00 CrSatisfied

How Many Employees Work at Balatele Systems?

Unlock and access historical data on people associated with Balatele Systems, 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 Balatele Systems, 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 Balatele Systems'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 Balatele Systems

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100801955 was registered on 19 Oct 2023.

    19 Oct 2023

  • Annual General Meeting

    Balatele Systems Private Limited last Annual general meeting of members was held on 19 Sep 2023 as per latest MCA records.

    19 Sep 2023

  • Balance Sheet

    Balatele Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 5.10 Cr registered on 18 Dec 2009 with Charge ID 10191663 was modified on 13 Dec 2022.

    13 Dec 2022

  • Charges

    A charge registered on 25 Feb 2016 via Charge ID 10622473 with Icici Bank Limited was fully satisfied on 20 Dec 2019.

    20 Dec 2019

  • Charges

    A charge registered on 07 Oct 2013 via Charge ID 10457359 with Bank Of Baroda was fully satisfied on 14 Mar 2019.

    14 Mar 2019

Frequently asked questions

  • Balatele Systems Private Limited was incorporated on 16 Nov 2003.

  • The authorized share capital of Balatele Systems Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.33 M.

  • Currently 2 directors are associated with Balatele Systems Private Limited.

    • Parmod Kumar
    • Parveen Ahlawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balatele Systems Private Limited is 106Omaxe CityDelhi RoadSector-28, Rohtak, Haryana, India, 124001.

  • The corporate identification number (CIN) of Balatele Systems Private Limited is U64201HR2003PTC035237 and the company number is 035237 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balatele Systems Private Limited has risen by 36.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balatele Systems Private Limited has experienced an upsurge of 32.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balatele Systems Private Limited amount to ₹ 5.50 Cr.

  • The most recent Balance Sheet for Balatele Systems Private Limited was filed with the ROC on 31 Mar 2023.

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