About Balboa Tech Private Limited
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Balboa Tech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2019PTC409592. Its GSTIN is 07AAICB5110F1Z4 (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gurjesh Singh Suri and Meher Suri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 502 Padma Tower – 2 22 Rajendra Place, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.25 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹10.82 Lakh (net margin 3.3%) and EBITDA of ₹51.17 Lakh (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website balboatechpvtltd.com.
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- Website
- Social Media
- Registered Address502 Padma Tower – 2 22 Rajendra Place, New Delhi, Delhi, India – 110008
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Balboa Tech Private Limited FY 2024 filings available
Balboa Tech Private Limited reported revenue of ₹3.25 Cr (up 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Balboa Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 165% over three years, including 15% growth in the latest year. EBITDA rose 8% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Balboa Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.25 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹51.17 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.82 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Balboa Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.8% | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Balboa Tech are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Balboa Tech Private Limited
Balboa Tech Private Limited is audited by CHANDER PARKASH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDER PARKASH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Balboa Tech Private Limited
Balboa Tech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurjesh Singh Suri Also directs: Balboa Global Private Limited | Director | 25 Aug 2021 | 5 Years 1 Months | Current |
| Meher Suri Also directs: Balboa Global Private Limited | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Ikroop Singh Suri | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Balboa Tech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Balboa Tech Private Limited
Balboa Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Balboa Tech Private Limited
Balboa Tech Private Limited has a workforce of 23 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Balboa Tech Private Limited
Balboa Tech has one previous CIN (Corporate Identification Number): U72900PN2019PTC185027. The current CIN is U72900DL2019PTC409592, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900DL2019PTC409592 | Current |
| U72900PN2019PTC185027 | Previous |
Recent Activity on Balboa Tech Private Limited
Balboa Tech Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Gurjesh Singh Suri was appointed as Director on 25 Aug 2021.
Credit Ratings, Litigation & Regulatory Alerts for Balboa Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Balboa Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Balboa Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Balboa Tech Private Limited
Balboa Tech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICB5110F1Z4 | Delhi | Active | 01 Dec 2020 |
| 27AAICB5110F1Z2 | Maharashtra | Active | 01 Aug 2019 |
| 06AAICB5110F1Z6 | Haryana | Active | 24 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Balboa Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Balboa Tech Private Limited
Balboa Tech is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 June 2019 (7+ years old) and is registered under CIN U72900DL2019PTC409592.
Balboa Tech reported revenue of ₹3.25 Cr for FY 2023 (up 15% YoY).
Balboa Tech has 3 current directors:
- Gurjesh Singh Suri - Director
- Meher Suri - Director
- Ikroop Singh Suri - Director
Balboa Tech reported a net profit of ₹10.82 Lakh (net margin 3.3%) and EBITDA of ₹51.17 Lakh (EBITDA margin 15.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Balboa Tech is 165% over three years. In the latest year (FY 2023) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Balboa Tech is 07AAICB5110F1Z4, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAICB5110F1Z2 (Maharashtra), 06AAICB5110F1Z6 (Haryana).
The CIN (Corporate Identification Number) of Balboa Tech is U72900DL2019PTC409592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balboa Tech was incorporated on 24 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Gurjesh Singh Suri was appointed as Director on 25 Aug 2021. Ikroop Singh Suri was appointed as Director on 30 Jul 2021. Meher Suri was appointed as Director on 30 Oct 2020.
Balboa Tech can be reached through the website balboatechpvtltd.com. Its registered office is in New Delhi, Delhi, India.