Balaji Piping Products Limited

Manufacturer of precision components for oil & gas and piping industries.

2020 | Rajkot, Gujarat (India) | Active
Last Updated: December 14, 2024

Balaji Piping Products Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 4.22 Cr
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.76 Cr
  • Revenue Growth %
  • Profit Growth 1087337500.00%
  • Ebitda 129514200.00%
  • Net Worth 13448.37%
  • Total Assets 304.15%

About Balaji Piping Products

Balaji Piping Products Limited (BPPL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 03 July 2020 (Four years and seven months 22 days old ). Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Forgemaster Private 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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 4.22 Cr.

The company currently has active open charges totaling ₹4.76 Cr.

The Key Managerial Personnel (KMP) at Balaji Piping Products Limited India is Mayurkumar Kalola as CFO. Dipesh Ghaghada, Himatbhai Parmar, Dhananjay Thumar, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27320GJ2020PLC114317

  • Company No.

    114317

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Balaji Piping Products?

Executive Team (2)

NameDesignationAppointment DateStatus
Dhananjay Thumar Country flag representing In Managing Director07-Jun-2023Current
Mayurkumar Kalola CFO20-May-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Dipesh Ghaghada Country flag representing In Director 17-May-2023Current
Himatbhai Parmar Country flag representing In Director 22-Apr-2023Current
Mallappa Beleri Director 17-Feb-2024Current
Jenish Thumar Director 30-Sep-2024Current

Financial Performance of Balaji Piping Products.

Balaji Piping Products Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 1087337500% increase in profit. The company's net worth Soared by an impressive increase of 13448.37%.

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
Revenue from Operations
Total Assets
304.15%
Profit or Loss
1087337500.00%
Net Worth
13448.37%
EBITDA
129514200.00%

What is the Ownership and Shareholding Structure of Balaji Piping Products?

In 2022, Balaji Piping Products had a promoter holding of 81.31% and a public holding of 18.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.76 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 4.76 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2022Indian Overseas Bank₹4.76 CrOpen

How Many Employees Work at Balaji Piping Products?

Balaji Piping Products has a workforce of 18 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 Balaji Piping 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 Balaji Piping 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 Balaji Piping Products

Recent activity within the organization

  • Director Appointment

    Jenish Mukeshbhai Thumar was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 25 days .

    30 Sep 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 4.76 Cr registered on 09 Sep 2022 with Charge ID 100628726 was modified on 20 Mar 2024.

    20 Mar 2024

  • Director Appointment

    Mallappa Beleri was appointed as a Director was appointed as a Director on 17 Feb 2024 & has been associated with this company since 1 year 6 days .

    17 Feb 2024

  • Annual General Meeting

    Balaji Piping Products Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Dhananjay Bachubhai Thumar was appointed as a Managing Director was appointed as a Managing Director on 07 Jun 2023 & has been associated with this company since 1 year 8 months .

    07 Jun 2023

  • Director Appointment

    Mayurkumar Kantilal Kalola was appointed as a Cfo was appointed as a Cfo on 20 May 2023 & has been associated with this company since 1 year 9 months .

    20 May 2023

Frequently asked questions

  • Balaji Piping Products Limited was incorporated on 03 Jul 2020.

  • The authorized share capital of Balaji Piping Products Limited is ₹ 8.00 Cr and paid-up capital is ₹ 4.22 Cr.

  • Currently 6 directors are associated with Balaji Piping Products Limited.

    • Dipesh Bhailal Ghaghada
    • Himatbhai Ranchhodbhai Parmar
    • Dhananjay Bachubhai Thumar
    • Mallappa Beleri
    • Jenish Mukeshbhai Thumar
    • Mayurkumar Kantilal Kalola
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Piping Products Limited is R.S. No.92/1/1 Plot No. 1-4 National Highway 27 Nr. Shaan Cement Hadamtala Industrial A Rea, India, Kotdasangani, Gujarat, 360311.

  • The corporate identification number (CIN) of Balaji Piping Products Limited is U27320GJ2020PLC114317 and the company number is 114317 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balaji Piping Products Limited is https://www.balajipipingproducts.com

  • As Per 2022 financial reports, 18 employees are currently employed by Balaji Piping Products Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Balaji Piping Products Limited has experienced an upsurge of 13448.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Balaji Piping Products Limited amount to ₹ 4.76 Cr.

  • The most recent Balance Sheet for Balaji Piping Products Limited was filed with the ROC on 31 Mar 2023.

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