Balsara Engineering Products Limited logo

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
HomeCompanyBalsara Engineering Products Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Jitendra Bhandari InManaging Director01-Apr-2008Current
Nitesh KumarCFO01-Apr-2020Current

Board Members(2)

NameDesignationAppointment DateStatus
Nitesh Jhunjhunwala In Additional Director 21-Jan-2022Current
Aditya Gupta 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹68.60 Cr

₹22.75 Cr

LenderAmountStatus

The Karur Vysya Bank Limited

Creation Date: 12 Jan 2016
₹30.00 CrOpen

State Bank Of India

Creation Date: 29 Jun 2015
₹5.00 CrOpen

Tata Capital Financial Services Limited

Creation Date: 30 Jun 2014
₹3.50 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.

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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 2 years 11 months .

    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 8 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 8 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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