About Balaji Niryaat Private Limited
Data last updated:
Balaji Niryaat Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25119WB2005PTC103876. Its GSTIN is 19AAJCS1050J1Z9 (West Bengal).
The company has an authorised share capital of ₹5.73 Cr and a paid-up capital of ₹5.19 Cr. It was formerly known as Shruti Goods Private Limited. It is led by directors Hemant Lunia and Suman Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 21 Synagogue Street 3rd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹321.67 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Cr (net margin 1.6%) and EBITDA of ₹12.92 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 31% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Balaji Niryaat. As per MCA filings, the company has open charges of ₹317.31 Cr and satisfied charges of ₹112.85 Cr on record. Court records list 17 cases involving the company, including 13 filed by the company and 4 filed against it; 5 cases are pending. The company has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹1.38 Cr; the latest was in March 2024. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Hansa Tubes Private Limited with revenue of ₹323.76 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bnpl.co.in.
CIN History of Balaji Niryaat Private Limited
Balaji Niryaat has one previous CIN (Corporate Identification Number): U51109WB2005PTC103876. The current CIN is U25119WB2005PTC103876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25119WB2005PTC103876 | Current |
| U51109WB2005PTC103876 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address21 Synagogue Street 3rd Floor, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
Associated Brands with Balaji Niryaat Private Limited
Balaji Niryaat operates one associated brand: Balaji Niryaat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stainless steel manufacturing, machinery supply, and processing services in India. | bnpl.co.in |
Business Activity of Balaji Niryaat Private Limited
The main business activities of Balaji Niryaat are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| G | Trade | G1 | Wholesale Trading | 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
Verified entity values are shown only after access is granted.
Financials of Balaji Niryaat Private Limited FY 2023 filings available
Balaji Niryaat Private Limited reported revenue of ₹321.67 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Balaji Niryaat Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 42% growth in the latest year. EBITDA rose 47% 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 Balaji Niryaat Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹321.67 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.12 Cr | •••• | •••• | •••• | •••• |
| 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 Balaji Niryaat Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Balaji Niryaat are in the company report.
Financial statements from 2015
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.
Board of Directors of Balaji Niryaat Private Limited
Balaji Niryaat has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Lunia Also directs: Navratan Vinimay Pvt Ltd, Infinite Alloy Private Limited, Reliable Commosale Private Limited and 5 more | Director | 26 Sep 2005 | 21 Years 0 Months | Current |
| Suman Jain Also directs: Navratan Vinimay Pvt Ltd, Infinite Alloy Private Limited, Reliable Commosale Private Limited and 5 more | Director | 24 Aug 2009 | 17 Years 1 Months | Current |
Peer Comparison of Balaji Niryaat Private Limited
Balaji Niryaat Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hansa Tubes Private Limited | ₹323.76 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chandigarh, India |
| Newmalayalam Steel Limited | ₹323.61 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | Thrissur, Kerala, India |
| Ric Steel Private Limited | ₹323.3 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Kolkata, West Bengal, India |
| Growmech Industries Private Limited | ₹322.76 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Thane, Maharashtra, India |
| Shubham Steel and Fertilizers Private Limited | ₹322.72 Cr (FY 2025) | •••• | •••• | 4379.0% | •••• | Hisar, Haryana, India |
| Balaji Niryaat Private Limited this company | ₹321.67 Cr (FY 2023) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
| Champion Rolling Mill Private Limited | ₹321.22 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Aloke Steels Industries Private Limited | ₹319.09 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jharkhand, India |
| C.P. Re-Rollers Limited | ₹317.2 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Kiran Infra Ispat Limited | ₹317 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
| Vikas Strips Private Limited | ₹316.97 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Balaji Niryaat by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Balaji Niryaat Private Limited
Balaji Niryaat Private Limited is audited by DTSB & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DTSB & ASSOCIATES | 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.
Ownership and Shareholding of Balaji Niryaat 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 Balaji Niryaat Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2026 | Indian Bank | ₹25 Cr | Open |
| 24 Dec 2025 | Bank of India | ₹60 Cr | Open |
| 18 Jul 2025 | Indian Bank | ₹45 Cr | Open |
| 16 Jul 2025 | Canara Bank | ₹40 Cr | Open |
| 21 Jun 2025 | Others | ₹16.31 Lakh | Open |
Total charge records: 21 View all charges
Deals & Funding of Balaji Niryaat Private Limited
Balaji Niryaat Private Limited has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹1.38 Cr; the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹5 Cr | Investors: Cute Vinimay Private Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Yashika Synthetics Private Limited Seller: Navoday Agencies Pvt Ltd , Pace Distribution & Marketing Private Limited , Foresight Fragrance & Finance Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Reliable Commosale Private Limited Seller: Navoday Agencies Pvt Ltd , Debdaru Vinimay Private Limited |
| Mar 2010 | Funding round | ₹94.8 Lakh | Investors: Navoday Agencies Pvt Ltd , Debdaru Vinimay Private Limited , Pace Trade and Agency Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Eden Distributors Private Limited , Pace Distribution & Marketing Private Limited , 2 individuals |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Balaji Niryaat Private Limited
Balaji Niryaat Private Limited has 17 court cases on record: 13 filed by Balaji Niryaat, 4 filed against it. 5 cases are pending and 12 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 5 |
| High courts | 6 | 4 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Saket Infradevelopers Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Sidhi Vinayak Foods Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Shiva Kitchen Equipments Private Limited. | Disposed |
| Calcutta High Court | Company petition | Filed against the company by Paulco Distributors Private Limited | Disposed |
| Calcutta High Court | Company petition | Filed against the company by Grain Processing Industries (India) Pvt Ltd | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 at Balaji Niryaat Private Limited
Balaji Niryaat Private Limited has a workforce of 34 employees as of Apr 09, 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.
Group Structure of Balaji Niryaat Private Limited
Balaji Niryaat has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Balaji Niryaat Private Limited
Balaji Niryaat Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Bulbul Agarwal ceased to be Director on 18 Mar 2025.
34 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Balaji Niryaat 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 Balaji Niryaat 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 Balaji Niryaat 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 Balaji Niryaat Private Limited
Balaji Niryaat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCS1050J1Z9 | West Bengal | Active | 01 Jul 2017 |
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 Balaji Niryaat 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 Balaji Niryaat Private Limited
Balaji Niryaat is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 June 2005 (21+ years old) and is registered under CIN U25119WB2005PTC103876.
Balaji Niryaat reported revenue of ₹321.67 Cr for FY 2023 (up 42% YoY).
Balaji Niryaat has 2 current directors:
- Hemant Lunia - Director
- Suman Jain - Director
Balaji Niryaat reported a net profit of ₹5.12 Cr (net margin 1.6%) and EBITDA of ₹12.92 Cr (EBITDA margin 4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Balaji Niryaat is 49% over three years and 31% over five years. In the latest year (FY 2023) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Balaji Niryaat is 19AAJCS1050J1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Balaji Niryaat is U25119WB2005PTC103876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Niryaat has 17 court cases on record: 13 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Balaji Niryaat was incorporated on 22 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Balaji Niryaat has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹1.38 Cr; the latest was in March 2024.
The peers of Balaji Niryaat by revenue are Hansa Tubes Private Limited, Newmalayalam Steel Limited, Ric Steel Private Limited, Growmech Industries Private Limited, Shubham Steel and Fertilizers Private Limited and 5 more, all in the Metals and Minerals industry (Steel).