Balio Technology Solutions Private Limited

Balio Technology Solutions Private Limited - trading in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74999TN2013PTC090001 Incorporated 12 March 2013 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company trading
Data last updated
Revenue · FY 2018
₹78.23 Lakh
▼ 47% YoY
Net loss · FY 2018
₹2.25 Lakh
Net margin -2.9%
EBITDA · FY 2018
-₹84,417
EBITDA margin -1.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹9.25 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Balio Technology Solutions Private Limited

Data last updated:

Balio Technology Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 12 March 2013.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2013PTC090001. Its GSTIN is 33AAFCB3941B1Z9 (Tamil Nadu).

The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.25 Lakh. It was led by directors including Keiser Rahuman Kaleel and Niranjan Sharma.

Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No. 3/315 Plot No. 3 – B I Floor F – 2 IV Street Ist Main Road Rose Nagar Kovilambakkam, Chennai, Tamil Nadu, India – 600117.

As per the financials filed for FY 2018, the company reported a revenue of ₹78.23 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹2.25 Lakh (net margin -2.9%) and EBITDA of -₹84,417 (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.

Company details

CIN U74999TN2013PTC090001
Registration Number 090001
Incorporation Date 12 March 2013
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Balio Technology Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 3/315 Plot No. 3 – B I Floor F – 2 IV Street Ist Main Road Rose Nagar Kovilambakkam, Chennai, Tamil Nadu, India – 600117
  • Industry
    Trading, Retailers, Retail Trading

To see the full contact details of Balio Technology Solutions Private Limited, buy the company report.

Comprehensive company report
Balio Technology Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Balio Technology Solutions is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Balio Technology Solutions Private Limited, buy the company report.

Financials of Balio Technology Solutions Private Limited

FY 2018 filings available

Balio Technology Solutions Private Limited reported revenue of ₹78.23 Lakh (down 47% YoY) for FY 2018.

Revenue · FY 2018
₹78.23 Lakh ▼ 47%
Net loss · FY 2018
₹2.25 Lakh margin -2.9%
EBITDA · FY 2018
-₹84,417 margin -1.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 109%
3 years · compounded
▼ 32%

Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 47% fall in the latest year. EBITDA fell 109% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹84,417
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.25 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-1.1%
Net Profit Margin-2.9%
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

To see the full financial statements and ratios of Balio Technology Solutions Private Limited, buy the company report.

Board of directors of Balio Technology Solutions Private Limited

Balio Technology Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Keiser Rahuman KaleelDirector12 Mar 201313 Years 7 MonthsAs last reported
Niranjan SharmaDirector12 Mar 201313 Years 7 MonthsAs last reported
Hitesh NaharDirector12 Mar 201313 Years 7 MonthsAs last reported
Shalini SubramaniDirector12 Mar 201313 Years 7 MonthsAs last reported

Peer comparison

Balio Technology Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Endotech Solar Private Limited₹78.32 Lakh (FY 2024)-32.0%Chennai, Tamil Nadu, India
Unmai Supermarket Private Limited₹78.32 Lakh (FY 2024)-50.0%Kattankulathur, Tamil Nadu, India
Nilgiri Infradevelopers Private Limited₹78.28 Lakh (FY 2025)293.0%Lucknow, Uttar Pradesh, India
Simpliforge 3-D Creation Private Limited₹78.27 Lakh (FY 2024)285.0%Mumbai, Maharashtra, India
Size Extender (OPC) Private Limited₹78.24 Lakh (FY 2025)36.0%Mumbai, Maharashtra, India
Balio Technology Solutions Private Limitedthis company₹78.23 Lakh (FY 2018)-₹2.25 Lakh-2.9%-47.0%Chennai, Tamil Nadu, India
Organic Kashmir Private Limited₹78.22 Lakh (FY 2019)47.0%New Delhi, Delhi, India
Mannarmala Milk & Agro Producer Company Limited₹78.22 Lakh (FY 2025)-8.0%Perinthalamanna, Kerala, India
Adelyn Industries Private Limited₹78.21 Lakh (FY 2024)Delhi, India
Realise Multitrade Private Limited₹78.21 Lakh (FY 2025)-4.0%Chandrapur, Maharashtra, India
Unisun Technologies Private Limited₹78.21 Lakh (FY 2018)-89.0%Belgaum, Karnataka, India

To see the full peer comparison of Balio Technology Solutions Private Limited, buy the company report.

Auditor

Balio Technology Solutions Private Limited is audited by AALOK N & Co for the financial year 2017.

Auditor firmFinancial yearFirm registration number
AALOK N & CoFY 2017233884

Shareholding

The shareholding of Balio Technology Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balio Technology Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Balio Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Balio Technology Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAFCB3941B1Z9Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Balio Technology Solutions Private Limited, buy the company report.

Recent activity

Balio Technology Solutions Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Mohamed Musthaba ceased to be Director on 04 Oct 2018.

Ceased
Mohamed Musthaba ceased to be Director.
AGM
Balio Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Filing
Balio Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Ceased
Shoba Lakshmi Hariprasad Sharma ceased to be Director.
Appointed
Hitesh Nahar was appointed as Director.
Appointed
Keiser Rahuman Kaleel was appointed as Director.
Appointed
Niranjan Sharma was appointed as Director.
Appointed
Shalini Subramani was appointed as Director.
Incorporation
12 Mar 2013
Balio Technology Solutions Private Limited was registered on 12 Mar 2013 with Roc Chennai & aged 13 years 7 months as per MCA records.

Frequently asked questions

Balio Technology Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Balio Technology Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 12 March 2013 and is registered under CIN U74999TN2013PTC090001. The company has been struck off by the Registrar of Companies and is no longer operational.

Balio Technology Solutions had 4 directors:

The CIN (Corporate Identification Number) of Balio Technology Solutions is U74999TN2013PTC090001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Balio Technology Solutions is at No. 3315 Plot No. 3 – B I Floor F – 2 IV Street Ist Main Road Rose Nagar Kovilambakkam, Chennai, Tamil Nadu, India – 600117.

Balio Technology Solutions was incorporated on 12 March 2013. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Balio Technology Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.

The GSTIN of Balio Technology Solutions is 33AAFCB3941B1Z9, registered in Tamil Nadu.

Balio Technology Solutions operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.

The peers of Balio Technology Solutions by revenue are Endotech Solar Private Limited, Unmai Supermarket Private Limited, Nilgiri Infradevelopers Private Limited, Simpliforge 3-D Creation Private Limited, Size Extender (OPC) Private Limited and 5 more, all in the same principal business activity (retail trading).

Mohamed Musthaba ceased to be Director on 04 Oct 2018. Shoba Lakshmi Hariprasad Sharma ceased to be Director on 15 Jul 2014. Hitesh Nahar was appointed as Director on 12 Mar 2013. Balio Technology Solutions has 6 board changes on record in total.