Balaji Bullions & Commodities (India) Private Limited
About Balaji Bullions & Commodities (India) Private Limited
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Balaji Bullions & Commodities (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 02 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2007PTC166653. Its GSTIN is 27AADCB0236F1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹46.25 Lakh. It is led by directors Hastimal Nathmalji Khandelwal and Manojkumar Babulal Punamiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 118/120 Ashok House 3rd Floor Opp. Khara Kuwa Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.7 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹38.85 Lakh (net margin -5%) and EBITDA of -₹35.86 Lakh (EBITDA margin -4.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 53% over five years.
As per MCA filings, the company has satisfied charges of ₹39 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balaji Bullions & Commodities (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address118/120 Ashok House 3rd Floor Opp. Khara Kuwa Zaveri Bazar, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Balaji Bullions & Commodities (India) Private Limited, buy the company report.
- 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
Business activity
The main business activity of Balaji Bullions & Commodities (India) is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Balaji Bullions & Commodities (India) Private Limited, buy the company report.
Financials of Balaji Bullions & Commodities (India) Private Limited
FY 2025 filings availableBalaji Bullions & Commodities (India) Private Limited reported revenue of ₹7.7 Cr (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 61% fall in the latest year. EBITDA fell 15% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹35.86 Lakh | ||||
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| Net Profit (PAT) | -₹38.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.7% | ||||
| Net Profit Margin | -5% | ||||
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To see the full financial statements and ratios of Balaji Bullions & Commodities (India) Private Limited, buy the company report.
Board of directors of Balaji Bullions & Commodities (India) Private Limited
Balaji Bullions & Commodities (India) has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hastimal Nathmalji Khandelwal Also directs: Jaguar Energy and Power Private Limited, Balaji Lifestyle Realtors Private Limited, Balaji Propbuilders Private Limited and 1 more | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Manojkumar Babulal Punamiya Also directs: MP World Projects Private Limited, Jaguar Energy and Power Private Limited, Balaji Lifestyle Realtors Private Limited and 4 more | Director | 02 Jan 2007 | 19 Years 10 Months | Current |
Auditor
Balaji Bullions & Commodities (India) Private Limited is audited by N G JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N G JAIN & CO | FY 2021 | 103941W |
Shareholding
The shareholding of Balaji Bullions & Commodities (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Balaji Bullions & Commodities (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2009 | 10156561 | Bank of India | ₹35 Cr | Satisfied | |
| 18 Mar 2008 | 10094965 | Oriental Bank of Commerce | ₹4 Cr | Satisfied |
To see the full charge records of Balaji Bullions & Commodities (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Balaji Bullions & Commodities (India) Private Limited has 7 court cases on record: 4 filed by Balaji Bullions & Commodities (India), 3 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 4 | Pending |
| Bombay High Court | Writ petition | Filed by the company against Acit/Dcit (International Taxation) Circle 1(1)(1) Delhi | Disposed |
| Supreme Court | Appeal | Filed against the company by Assistant Commissioner of Income Tax | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax Central 4 | Disposed |
| High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Central Circle 7 1 and 5 others | Disposed |
To see the full case history of Balaji Bullions & Commodities (India) Private Limited, buy 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balaji Bullions & Commodities (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balaji Bullions & Commodities (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB0236F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Bullions & Commodities (India) Private Limited, buy the company report.
Recent activity
Balaji Bullions & Commodities (India) Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Binod Kumar ceased to be Director on 22 Mar 2016.
3 earlier events are in the company report.
Frequently asked questions
Balaji Bullions & Commodities (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 02 January 2007 (19+ years old) and is registered under CIN U27205MH2007PTC166653.
Balaji Bullions & Commodities (India) has 2 current directors:
- Hastimal Nathmalji Khandelwal - Director
- Manojkumar Babulal Punamiya - Director
The latest financial statements of Balaji Bullions & Commodities (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Bullions & Commodities (India) is 27AADCB0236F1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Balaji Bullions & Commodities (India) is U27205MH2007PTC166653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Bullions & Commodities (India) has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Balaji Bullions & Commodities (India) was incorporated on 02 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Binod Kumar ceased to be Director on 22 Mar 2016. Sanjay Kumar Choudhary ceased to be Director on 22 Mar 2016. Kumarpal Javerchand Punamiya ceased to be Director on 01 Aug 2015. Balaji Bullions & Commodities (India) has 8 board changes on record in total.
The registered office of Balaji Bullions & Commodities (India) is at 118120 Ashok House 3rd Floor Opp. Khara Kuwa Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
Balaji Bullions & Commodities (India) operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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