Balex Private Limited

Manufacturer and supplier of aluminum profiles, pipes, and various metal products for industries.

1995 | Baroda, Gujarat (India) | Active
Last Updated:

Balex Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 45.95 Cr
  • Revenue Growth %
  • Profit Growth -40.40%
  • Ebitda -173.59%
  • Net Worth -2.25%
  • Total Assets -10.45%

About Balex

Balex Private Limited (BPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 May 1995 and has a history of 29 years and ten months. Its registered office is in Baroda, Gujarat.

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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company has closed loans amounting to ₹45.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandra Agarwal, Ghanshyam Agarwal, and Chinmay Agarwal serve as directors at the Company.

Company Details

  • Location Baroda, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106GJ1995PTC026068

  • Company No.

    026068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Balex?

Board Members (3)

NameDesignationAppointment DateStatus
Chandra Agarwal Country flag representing In Director 01-Apr-2011Current
Ghanshyam Agarwal Country flag representing In Director 01-Oct-2009Current
Chinmay Agarwal Country flag representing In Director 08-Apr-2020Current

Financial Performance of Balex.

Balex Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 40.4% decrease in profit. The company's net worth dipped by a decrease of 2.25%.

Balex revenue growth over time
Balex 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
Revenue from Operations
Total Assets
-10.45%
Profit or Loss
-40.40%
Net Worth
-2.25%
EBITDA
-173.59%

What is the Ownership and Shareholding Structure of Balex?

In 2019, Balex had a promoter holding of 69.00% and a public holding of 31.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹45.95 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 31.50 Cr
  • Rajasthan State Industrial Development And Investment Corporation Ltd : 8.00 Cr
  • Karnataka Bank Ltd. : 4.00 Cr
  • Gujarat State Finance Corporation : 2.45 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2020Karnataka Bank Ltd.₹4.00 CrSatisfied
15 Jul 2010State Bank Of India₹11.50 CrSatisfied
12 Jun 2010State Bank Of India₹17.20 CrSatisfied
11 May 2010Rajasthan State Industrial Development And Investment Corporation Ltd₹8.00 CrSatisfied
17 Oct 1999State Bank Of India₹1.40 CrSatisfied

How Many Employees Work at Balex?

Balex has a workforce of 0 employees as of Apr 01, 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.

Employee growth trends for Balex Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Balex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 02 Sep 2020 via Charge ID 100371248 with Karnataka Bank Ltd. was fully satisfied on 17 Mar 2021.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 4.00 Cr with Charge ID 100371248 was registered on 02 Sep 2020.

  • Director Appointment

    Chinmay Agarwal was appointed as a Director was appointed as a Director on 08 Apr 2020 & has been associated with this company since 4 years 11 months .

  • Charges

    A charge registered on 15 Jul 2010 via Charge ID 10228346 with State Bank Of India was fully satisfied on 21 Nov 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Balex Private Limited?

    Balex Private Limited was incorporated on 25 May 1995.

  • What is authorized share capital and paid-up capital of Balex Private Limited?

    The authorized share capital of Balex Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Balex Private Limited?

    Currently 3 directors are associated with Balex Private Limited.

    • Chandra Prakash Agarwal
    • Ghanshyam Agarwal
    • Chinmay Agarwal

  • What is the registered address of Balex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balex Private Limited is 30-31, Navi Jithwadi Kunjan Sinor Road India, Baroda, Gujarat.

  • What is the corporate identification number (CIN) and company number of Balex Private Limited?

    The corporate identification number (CIN) of Balex Private Limited is U27106GJ1995PTC026068 and the company number is 026068 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Balex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Balex Private Limited has experienced an downturn of -2.25%.

  • When was the last Balance Sheet of Balex Private Limited filed with the ROC?

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

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