Borax India Limited

Manufacturer of organic and inorganic chemical compounds, specializing in borax and other chemicals.

1983 | Pondicherry (India) | Active
Last Updated: December 07, 2024

Borax India Profile

Key Indicators

  • Authorised Capital ₹ 5.10 Cr
  • Paid Up Capital ₹ 2.90 Cr
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -6.48%
  • Profit Growth 93.81%
  • Ebitda -61.92%
  • Net Worth -0.73%
  • Total Assets -1.45%

About Borax India

Borax India Limited (BIL) is a Public Limited Indian Non-Government Company incorporated in India on 24 November 1983 and has a history of 41 years and two months. Its registered office is in Pondicherry, India.

The Company is engaged in the Chemicals And Materials 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 5.10 Cr and a paid-up capital of Rs 2.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akshaykumar Mehta, Udit Mehta, and Shreya Mehta serve as directors at the Company.

Company Details

  • Location

    Pondicherry, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24116PY1983PLC000240

  • Company No.

    000240

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pondicherry

Industry

Chemicals and Materials

Who are the key members and board of directors at Borax India?

Board Members (3)

Name Designation Appointment Date Status
Udit Mehta Country flag representing In Director 23-Sep-2016 Current
Akshaykumar Mehta Country flag representing In Director 04-Mar-2005 Current
Shreya Mehta Country flag representing In Director 22-Oct-2021 Current

Financial Performance of Borax India.

Borax India Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 6.48% decrease. The company also saw a substantial improvement in profitability, with a 93.81% increase in profit. The company's net worth dipped by a decrease of 0.73%.

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
-6.48%
Revenue from Operations
-6.64%
Total Assets
-1.45%
Profit or Loss
93.81%
Net Worth
-0.73%
EBITDA
-61.92%

What is the Ownership and Shareholding Structure of Borax India?

In 2017, Borax India had a promoter holding of 57.82% and a public holding of 42.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Borax India?

Borax India has a workforce of 19 employees as of Apr 09, 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 Borax India, 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 Borax India'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 Borax India

Recent activity within the organization

  • Annual General Meeting

    Borax India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Borax India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pondicherry.

    31 Mar 2024

  • Director Appointment

    Shreya Mehta was appointed as a Director was appointed as a Director on 22 Oct 2021 & has been associated with this company since 3 years 3 months .

    22 Oct 2021

  • Director Appointment

    Udit Mehta was appointed as a Director was appointed as a Director on 23 Sep 2016 & has been associated with this company since 8 years 4 months .

    23 Sep 2016

  • Director Appointment

    Akshaykumar Jaswantchand Mehta was appointed as a Director was appointed as a Director on 04 Mar 2005 & has been associated with this company since 19 years 11 months .

    04 Mar 2005

  • Company Incorporation

    Borax India Limited was registered on 24 Nov 1983 with Roc Pondicherry & aged 41 years 2 months as per MCA records.

    24 Nov 1983

Frequently asked questions

  • Borax India Limited was incorporated on 24 Nov 1983.

  • The authorized share capital of Borax India Limited is ₹ 5.10 Cr and paid-up capital is ₹ 2.90 Cr.

  • Currently 3 directors are associated with Borax India Limited.

    • Akshaykumar Jaswantchand Mehta
    • Udit Mehta
    • Shreya Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Borax India Limited is A-81 Pipdic Industrial Estatemettupalayam 9 India, Pondicherry-605 009., 605009.

  • The corporate identification number (CIN) of Borax India Limited is U24116PY1983PLC000240 and the company number is 000240 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Borax India Limited has fallen by -6.48%.

  • As Per 2016 financial reports, 19 employees are currently employed by Borax India Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Borax India Limited has experienced an downturn of -0.73%.

  • The most recent Balance Sheet for Borax India Limited was filed with the ROC on 31 Mar 2024.

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