Balu Forge Industries Profile
Key Indicators
- Authorised Capital ₹ 125.00 Cr
- Paid Up Capital ₹ 109.44 Cr
- Company Age 35 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 145.71 Cr
- Revenue Growth -3.99%
- Profit Growth 5.11%
- Ebitda 12.94%
- Net Worth 20.15%
- Total Assets 23.32%
About Balu Forge Industries
Balu Forge Industries Limited (BFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 March 1989 and has a history of 35 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531112.
The Corporate was formerly known as Amaze Entertech Limited. The Company is engaged in the Machinery And Equipment 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 125.00 Cr and a paid-up capital of Rs 109.44 Cr.
The company currently has active open charges totaling ₹145.71 Cr.
The Key Managerial Personnel (KMP) at Balu Forge Industries Limited India are Amit Todkari as CFO and Tabassum Begum as Company Secretary. Shalu Bhandari, Jaspalsingh Chandock, Raghvendra Mehta, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29100MH1989PLC255933
- Company No.
255933
- Stock Symbol
BSE : 531112
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Balu Forge Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaspalsingh Chandock  | Managing Director | 19-Nov-2020 | Current |
| Amit Todkari | CFO | Current | |
| Tabassum Begum | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shalu Bhandari | Director | 30-Jun-2021 | Current |
| Raghvendra Mehta | Director | 30-Jun-2021 | Current |
| Jaikaran Chandock | Whole-Time Director | 19-Nov-2020 | Current |
| Trimaan Chandock | Whole-Time Director | 19-Nov-2020 | Current |
| Radhey Soni | Director | 30-Jun-2021 | Current |
Financial Performance of Balu Forge Industries.
Balu Forge Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.99% decrease. The company also saw a slight improvement in profitability, with a 5.11% increase in profit. The company's net worth Soared by an impressive increase of 20.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Balu Forge Industries?
In 2023, Balu Forge Industries had a promoter holding of 65.41% and a public holding of 34.59%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lumino Industries LimitedShalu Bhandari is a mutual person
Bajaj Energy LimitedShalu Bhandari is a mutual person
Lalitpur Power Generation Company LimitedShalu Bhandari is a mutual person
Bajaj Power Generation Private LimitedShalu Bhandari is a mutual person
Bajaj Hindusthan Sugar LimitedShalu Bhandari is a mutual person
Libord Finance LimitedRaghvendra Mehta and Radhey Soni are mutual person
Charges (Loans)
₹145.71 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 141.37 Cr
- Axis Bank Limited : 4.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2024 | Others | ₹0.78 M | Open |
| 07 Jun 2024 | Others | ₹1.35 M | Open |
| 28 Mar 2024 | Axis Bank Limited | ₹2.14 M | Open |
| 28 Mar 2024 | Axis Bank Limited | ₹0.80 M | Open |
| 29 Jan 2024 | Axis Bank Limited | ₹2.10 Cr | Open |
How Many Employees Work at Balu Forge Industries?
Balu Forge Industries has a workforce of 104 employees as of Apr 03, 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 Balu Forge Industries, 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 Balu Forge Industries's trajectory.
Rating
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
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.
