Balsara Engineering Products Limited

Manufactures and trades various products such as sections, tubes, pipes, sheets, panels, bars, and coils.

1995 | Tiruvallur, Tamil Nadu (India) | Under Liquidation
Last Updated: May 09, 2024

Balsara Engineering Products Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.25 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 68.60 Cr
  • Satisfied Charges ₹ 22.75 Cr
  • Revenue Growth -6.83%
  • Profit Growth 26.81%
  • Ebitda -72.83%
  • Net Worth -13.15%
  • Total Assets 6.86%

About Balsara Engineering Products

Balsara Engineering Products Limited (BEPL) is Under Liquidation company established on 30 Mar 1995 with its office registered at Tiruvallur, Tamil Nadu, India and has been running since 29 Year, 10 Months with a paid up capital of 18.25 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 09 May 2024.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    balsaragroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090TN1995PLC030736

  • Company No.

    030736

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1995

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Balsara Engineering Products Limited offer?

Balsara Engineering Products Limited offers a wide range of products and services, including Stainless Steel Pipes, Stainless Steel Tube, Engine & Engine Spare Parts, Industrial Engines, Welding Equipments & Machinery, Welding Machine, Furniture Parts, Machine Parts, Metal Components, External Insulation System.

Who are the key members and board of directors at Balsara Engineering Products?

Executive Team (2)

NameDesignationAppointment DateStatus
Jitendra Bhandari Country flag representing In Managing Director01-Apr-2008Current
Nitesh Kumar CFO01-Apr-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Nitesh Jhunjhunwala Country flag representing In Additional Director 21-Jan-2022Current
Aditya Gupta Country flag representing In Additional Director 31-Mar-2017Current

Financial Performance of Balsara Engineering Products.

Balsara Engineering Products Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.83% decrease. The company also saw a substantial improvement in profitability, with a 26.81% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.15%.

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
-6.83%
Revenue from Operations
-5.87%
Total Assets
6.86%
Profit or Loss
26.81%
Net Worth
-13.15%
EBITDA
-72.83%

What is the Ownership and Shareholding Structure of Balsara Engineering Products?

In 2020, Balsara Engineering Products had a promoter holding of 86.92% and a public holding of 13.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.60 Cr

Satisfied Charges

₹22.75 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 30.00 Cr
  • Axis Bank Limited : 24.50 Cr
  • Tata Capital Financial Services Limited : 9.10 Cr
  • State Bank Of India : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2016The Karur Vysya Bank Limited₹30.00 CrOpen
29 Jun 2015State Bank Of India₹5.00 CrOpen
30 Jun 2014Tata Capital Financial Services Limited₹3.50 CrOpen
08 Feb 2013Axis Bank Limited₹2.00 CrOpen
14 Dec 2012Tata Capital Financial Services Limited₹5.60 CrOpen

How Many Employees Work at Balsara Engineering Products?

Balsara Engineering Products has a workforce of 16 employees as of Apr 07, 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 Balsara Engineering Products, 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 Balsara Engineering Products'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 Balsara Engineering Products

Recent activity within the organization

  • Director Appointment

    Nitesh Jhunjhunwala was appointed as a Additional Director was appointed as a Additional Director on 21 Jan 2022 & has been associated with this company since 3 years 1 month .

    21 Jan 2022

  • Annual General Meeting

    Balsara Engineering Products Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Director Appointment

    Nitesh Kumar was appointed as a Cfo was appointed as a Cfo on 01 Apr 2020 & has been associated with this company since 4 years 10 months .

    01 Apr 2020

  • Balance Sheet

    Balsara Engineering Products Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Director Appointment

    Aditya Gupta was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2017 & has been associated with this company since 7 years 10 months .

    31 Mar 2017

  • Charges

    A charge registered on 16 Mar 2013 via Charge ID 10424261 with Canara Bank was fully satisfied on 01 Mar 2017.

    01 Mar 2017

Frequently asked questions

  • Balsara Engineering Products Limited was incorporated on 30 Mar 1995.

  • The authorized share capital of Balsara Engineering Products Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.25 Cr.

  • Currently 4 directors are associated with Balsara Engineering Products Limited.

    • Jitendra Bhandari
    • Nitesh Kumar
    • Nitesh Jhunjhunwala
    • Aditya Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balsara Engineering Products Limited is Sf-273 Kavaraipettai-Sathyavedu Road, Thanipoondi Post, Gummidipoondi Taluk, Tamil Nadu, India, 601202.

  • The corporate identification number (CIN) of Balsara Engineering Products Limited is U93090TN1995PLC030736 and the company number is 030736 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balsara Engineering Products Limited is https://www.balsaragroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Balsara Engineering Products Limited has fallen by -6.83%.

  • As Per 2020 financial reports, 16 employees are currently employed by Balsara Engineering Products Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Balsara Engineering Products Limited has experienced an downturn of -13.15%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Balsara Engineering Products Limited amount to ₹ 68.60 Cr.

  • The most recent Balance Sheet for Balsara Engineering Products Limited was filed with the ROC on 31 Mar 2020.

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