About New Bal Logistics Private Limited
Data last updated:
New Bal Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 27 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2000PTC125344.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as New Bal Roadlines Private Limited. It is led by directors including Paramjeet Singh Khushal Singh Bal and Gurvinder Singh Khushal Singh Bal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Group No 3/334/4057 Tagor Nagar Vikroli (E), Mumbai, Maharashtra, India – 400083.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website newbal.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGroup No 3/334/4057 Tagor Nagar Vikroli (E), Mumbai, Maharashtra, India – 400083
- IndustryTransport and Logistics, Carriers Services
- 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
Business Activity
The main business activity of New Bal Logistics is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of New Bal Logistics Private Limited
FY 2020 filings availableNew Bal Logistics Private Limited reported revenue of ₹100 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over five years. 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
| Metrics | FY 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹100 | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | •••• | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | •••• | |
| 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
| Metrics | FY 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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, and every line for FY 2015-16 to FY 2018-19, 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 New Bal Logistics are in the company report.
: available in the company report
Board of Directors of New Bal Logistics Private Limited
New Bal Logistics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramjeet Singh Khushal Singh Bal | Director | 27 Mar 2000 | 26 Years 6 Months | Current |
| Gurvinder Singh Khushal Singh Bal | Director | 27 Mar 2000 | 26 Years 6 Months | Current |
| Gurmeet Singh Khushal Singh Bal Also directs: Khalsa Yoddha Organisation | Director | 27 Mar 2000 | 26 Years 6 Months | Current |
Peer Comparison
New Bal Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pravin Roadlines Private Limited | ₹104 (FY 2022) | •••• | •••• | -78.0% | •••• | Pune, Maharashtra, India |
| New Bal Logistics Private Limited this company | ₹100 (FY 2020) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Neelkamal Transport Private Limited | ₹13 (FY 2017) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Vora Logistics Private Limited | ₹9 (FY 2025) | •••• | •••• | -100.0% | •••• | Thane, Maharashtra, India |
Peers are the companies nearest to New Bal Logistics by revenue, above and below it, in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
New Bal Logistics Private Limited is audited by K U KOTHARI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K U KOTHARI & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
New Bal Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
New Bal Logistics Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Barclays Investments Loans (I0 Ltd. | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to New Bal Logistics.
: available in the company report
Recent Activity
New Bal Logistics Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Gurmeet Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
New Bal Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 27 March 2000 (26+ years old) and is registered under CIN U63090MH2000PTC125344.
New Bal Logistics has 3 current directors:
- Paramjeet Singh Khushal Singh Bal - Director
- Gurvinder Singh Khushal Singh Bal - Director
- Gurmeet Singh Khushal Singh Bal - Director
The latest financial statements of New Bal Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New Bal Logistics is U63090MH2000PTC125344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Bal Logistics has 2 court cases on record: 2 filed against it. 1 is pending.
New Bal Logistics was incorporated on 27 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of New Bal Logistics by revenue are Pravin Roadlines Private Limited, Neelkamal Transport Private Limited, Vora Logistics Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Gurmeet Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000. Gurvinder Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000. Paramjeet Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000.
New Bal Logistics can be reached through the website newbal.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of New Bal Logistics is at Group No 33344057 Tagor Nagar Vikroli E, Mumbai, Maharashtra, India – 400083.
New Bal Logistics operates in the transport and logistics industry, in the carriers services segment.