Balsara Engineering Products Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.25 Cr
- Company Age 30 Year, 1 Month
- 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 30 Year, 1 Month 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
- 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.
Balsara Engineering Products Limited
Explore comprehensive data for Balsara Engineering Products Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Balsara Engineering Products?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jitendra Bhandari  | Managing Director | 01-Apr-2008 | Current |
| Nitesh Kumar | CFO | 01-Apr-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitesh Jhunjhunwala | Additional Director | 21-Jan-2022 | Current |
| Aditya Gupta | Additional Director | 31-Mar-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2016 | The Karur Vysya Bank Limited | ₹30.00 Cr | Open |
| 29 Jun 2015 | State Bank Of India | ₹5.00 Cr | Open |
| 30 Jun 2014 | Tata Capital Financial Services Limited | ₹3.50 Cr | Open |
| 08 Feb 2013 | Axis Bank Limited | ₹2.00 Cr | Open |
| 14 Dec 2012 | Tata Capital Financial Services Limited | ₹5.60 Cr | Open |
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.
Deals i
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
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Alerts
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 4 months .
- Annual General Meeting
Balsara Engineering Products Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- 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 5 years 1 month .
- Balance Sheet
Balsara Engineering Products Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
- 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 8 years 1 month .
- Charges
A charge registered on 16 Mar 2013 via Charge ID 10424261 with Canara Bank was fully satisfied on 01 Mar 2017.
Frequently asked questions
What is the Incorporation or founding date of Balsara Engineering Products Limited?
Balsara Engineering Products Limited was incorporated on 30 Mar 1995.
What is authorized share capital and paid-up capital of Balsara Engineering Products Limited?
The authorized share capital of Balsara Engineering Products Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.25 Cr.
Who are the current board members & directors of Balsara Engineering Products Limited?
Currently 4 directors are associated with Balsara Engineering Products Limited.
- Jitendra Bhandari
- Nitesh Kumar
- Nitesh Jhunjhunwala
- Aditya Gupta
What is the registered address of Balsara Engineering Products Limited?
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.
What is the corporate identification number (CIN) and company number of Balsara Engineering Products Limited?
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).
What is the official website of Balsara Engineering Products Limited?
The Official website of Balsara Engineering Products Limited is https://www.balsaragroup.com
What has been the recent revenue trend for Balsara Engineering Products Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Balsara Engineering Products Limited has fallen by -6.83%.
How many employees does Balsara Engineering Products Limited currently have?
As Per 2020 financial reports, 16 employees are currently employed by Balsara Engineering Products Limited.
What change has been observed in the net worth of Balsara Engineering Products Limited, and by what percentage?
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%.
What are the total open charges for Balsara Engineering Products Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Balsara Engineering Products Limited amount to ₹ 68.60 Cr.
When was the last Balance Sheet of Balsara Engineering Products Limited filed with the ROC?
The most recent Balance Sheet for Balsara Engineering Products Limited was filed with the ROC on 31 Mar 2020.
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