Balmukund Sponge And Iron Private Limited

Manufactures sponge iron, MS billet, TMT bars with high capacity.

1999 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Balmukund Sponge And Iron Profile

Key Indicators

  • Authorised Capital ₹ 29.91 Cr
  • Paid Up Capital ₹ 29.71 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 330.69 Cr
  • Satisfied Charges ₹ 110.24 Cr
  • Revenue Growth 77.37%
  • Profit Growth 159.44%
  • Ebitda 115.34%
  • Net Worth 28.52%
  • Total Assets 18.76%

About Balmukund Sponge And Iron

Balmukund Sponge And Iron Private Limited (BSAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 1999 and has a history of 25 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Balmukund Sponge And Iron 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 2023. It's a company limited by shares with an authorized capital of Rs 29.91 Cr and a paid-up capital of Rs 29.71 Cr.

The company currently has active open charges totaling ₹330.69 Cr. The company has closed loans amounting to ₹110.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balmukund Sponge And Iron Private Limited India is Dhiraj Sharma as COMPANY SECRETARY. Nawal Kanodia, Abhishek Kanodia, Pradip Sahewal, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310WB1999PTC266185

  • Company No.

    008902

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Balmukund Sponge And Iron?

Executive Team (1)

Name Designation Appointment Date Status
Dhiraj Sharma Country flag representing In Company Secretary 01-Dec-2014 Current

Board Members (4)

Name Designation Appointment Date Status
Nawal Kanodia Country flag representing In Director 14-Jul-1999 Current
Abhishek Kanodia Country flag representing In Director 24-Dec-2007 Current
Pradip Sahewal Country flag representing In Director 17-Dec-2015 Current
Om Agrawal Country flag representing In Director 01-Feb-2008 Current

Financial Performance of Balmukund Sponge And Iron.

Balmukund Sponge And Iron Private Limite D, for the financial year ended 2023, experienced significant growth in revenue, with a 77.37% increase. The company also saw a substantial improvement in profitability, with a 159.44% increase in profit. The company's net worth Soared by an impressive increase of 28.52%.

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
77.37%
Revenue from Operations
77.87%
Total Assets
18.76%
Profit or Loss
159.44%
Net Worth
28.52%
EBITDA
115.34%

What is the Ownership and Shareholding Structure of Balmukund Sponge And Iron?

In 2023, Balmukund Sponge And Iron 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

₹330.69 Cr

Satisfied Charges

₹110.24 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 100.00 Cr
  • Hdfc Bank Limited : 93.68 Cr
  • Others : 85.00 Cr
  • Axis Bank Limited : 50.82 Cr
  • The South Indian Bank Limited : 1.19 Cr

Latest Charge Details

Date Lender Amount Status
01 Oct 2024 Yes Bank Limited ₹35.50 Cr Open
01 Oct 2024 Yes Bank Limited ₹14.50 Cr Open
27 Sep 2024 Others ₹50.00 Cr Open
08 Aug 2024 Hdfc Bank Limited ₹1.73 M Open
28 Jun 2024 The South Indian Bank Limited ₹8.50 M Open

How Many Employees Work at Balmukund Sponge And Iron?

Balmukund Sponge And Iron has a workforce of 451 employees as of Apr 02, 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 Balmukund Sponge And Iron, 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 Balmukund Sponge And Iron'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 Balmukund Sponge And Iron

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 35.50 Cr with Charge ID 100982067 was registered on 01 Oct 2024.

    01 Oct 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 14.50 Cr with Charge ID 100982105 was registered on 01 Oct 2024.

    01 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100989712 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100971102 was registered on 08 Aug 2024.

    08 Aug 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 30 Aug 2023 with Charge ID 100783817 was modified on 06 Aug 2024.

    06 Aug 2024

  • Charges

    A charge registered on 15 Feb 2020 via Charge ID 100324097 with Others was fully satisfied on 03 Aug 2024.

    03 Aug 2024

Frequently asked questions

  • Balmukund Sponge And Iron Private Limited was incorporated on 14 Jul 1999.

  • The authorized share capital of Balmukund Sponge And Iron Private Limited is ₹ 29.91 Cr and paid-up capital is ₹ 29.71 Cr.

  • Currently 5 directors are associated with Balmukund Sponge And Iron Private Limited.

    • Nawal Kumar Kanodia
    • Abhishek Kanodia
    • Pradip Kumar Sahewal
    • Om Prakash Agrawal
    • Dhiraj Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balmukund Sponge And Iron Private Limited is 18, R. N. Mukherjee Road 1St Floor India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Balmukund Sponge And Iron Private Limited is U27310WB1999PTC266185 and the company number is 008902 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balmukund Sponge And Iron Private Limited is https://www.balmukund.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balmukund Sponge And Iron Private Limited has risen by 77.37%.

  • As Per 2023 financial reports, 451 employees are currently employed by Balmukund Sponge And Iron Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balmukund Sponge And Iron Private Limited has experienced an upsurge of 28.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balmukund Sponge And Iron Private Limited amount to ₹ 330.69 Cr.

  • The most recent Balance Sheet for Balmukund Sponge And Iron Private Limited was filed with the ROC on 31 Mar 2023.

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