About Balaji Solutions Limited
Data last updated:
Balaji Solutions Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2001PLC092912. Its GSTIN is 19AABCB7810R2Z5 (West Bengal). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹87 Cr and a paid-up capital of ₹60 Cr. It was formerly known as Balaji Solutions Private Limited. It is led by directors including Rajendra Seksaria (Managing Director) and Shamik Chakraborty.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹342.98 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹4.39 Cr (net margin -1.3%) and EBITDA of ₹2.04 Cr (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹320.96 Cr and satisfied charges of ₹43 Cr on record. Court records list 25 cases involving the company, including 24 filed by the company and 1 filed against it; 22 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajisolutions.in.
Company details
Name history
Balaji Solutions has undergone 2 name changes throughout its history. The company was previously known as Balaji Solutions Limited, and Balaji Solutions Private Limited. The current legal name is Balaji Solutions Limited.
| Company Name | Status |
|---|---|
| Balaji Solutions Limited | Current |
| Balaji Solutions Private Limited | Previous |
Contact details
Balaji Solutions Limited's registered office is in Kolkata, West Bengal. Its website is balajisolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPs Continental Unit 203 2nd Floor, 83/2/1 Topsia Road South, Kolkata, West Bengal, India – 700046
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Balaji Solutions 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 activities of Balaji Solutions are manufacturing, trade and support service to organizations. In detail, this covers computer, electronic, communication and scientific measuring & control equipment, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Balaji Solutions Limited, buy the company report.
Financials of Balaji Solutions Limited
FY 2025 filings availableBalaji Solutions Limited reported revenue of ₹342.98 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 22% fall in the latest year. EBITDA fell 82% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | -1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Balaji Solutions Limited, buy the company report.
Board of directors and KMP of Balaji Solutions Limited
Balaji Solutions Limited currently reports 4 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Bajaj Also directs: Ganeshaya Vyapaar Private Limited | Cfo | 03 Jun 2022 | 4 Years 4 Months | Current |
| Shamik Chakraborty Also directs: Venkatesh International Exim Private Limited | Director | 28 Apr 2023 | 3 Years 6 Months | Current |
| Nidhi Dubey | Director | 06 May 2022 | 4 Years 5 Months | Current |
| Shyamal Ghoshroy Also directs: Eastern Polycraft Industries Limited | Director | 03 Jun 2022 | 4 Years 4 Months | Current |
| Rajendra Seksaria Also directs: Zaino Bags Private Limited | Managing Director | 19 Feb 2001 | 25 Years 8 Months | Current |
Auditor
Balaji Solutions Limited is audited by Kedia Dhandharia & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kedia Dhandharia & Co. | FY 2021 | 326659E |
Shareholding
The shareholding of Balaji Solutions Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2018 | 100228925 | Hdfc Bank Limited | ₹115 Cr | Open | |
| 25 Mar 2015 | 10559927 | Hdfc Bank Limited | ₹85 Cr | Open | |
| 25 Aug 2012 | 10372188 | Hdfc Bank Limited | ₹120.96 Cr | Open | |
| 27 Mar 2010 | 10214614 | Bank of Baroda | ₹26 Cr | Satisfied | |
| 01 Feb 2007 | 10038419 | Union Bank of India | ₹7 Cr | Satisfied |
To see the full charge records of Balaji Solutions Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Balaji Solutions Limited has 25 court cases on record: 24 filed by Balaji Solutions, 1 filed against it. 22 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 1 | 22 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Commercial suit | Filed by the company against M/S Bhutani @ Company Pvt. Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against Rajasthan Fertilisers and Chemicals Corporation Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S Higher End Peripherals and 3 others | Pending |
To see the full case history of Balaji Solutions 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
Balaji Solutions Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pure Shipping and Forwarding India Private Limited | |||
| an individual supplier | |||
| Shanti Shipping Agency Private Limited |
To see the full MSME payment records of Balaji Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Balaji Solutions has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB7810R2Z5 | West Bengal | Active | 26 Jul 2017 |
| 03AABCB7810R1ZJ | Punjab | Active | 01 Jul 2017 |
| 07AABCB7810R1ZB | Delhi | Active | 01 Jul 2017 |
| 10AABCB7810R2ZN | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Solutions Limited, buy the company report.
Recent activity
Balaji Solutions Limited has 17 board changes on record since 2001: 6 appointments and 11 cessations. The latest: Sanchit Dubey was appointed as Company Secretary on 02 Jan 2024.
24 earlier events are in the company report.
Frequently asked questions
Balaji Solutions is an active public limited company based in Kolkata, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 February 2001 (25+ years old) and is registered under CIN U72900WB2001PLC092912.
Balaji Solutions has 5 current directors and KMP:
- Rajendra Seksaria - Managing Director
- Shamik Chakraborty - Director
- Nidhi Dubey - Director
- Shyamal Ghoshroy - Director
- Dinesh Bajaj - Cfo
The latest financial statements of Balaji Solutions 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 Solutions is 19AABCB7810R2Z5, registered in West Bengal. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 03AABCB7810R1ZJ (Punjab), 07AABCB7810R1ZB (Delhi), 10AABCB7810R2ZN (Bihar).
The CIN (Corporate Identification Number) of Balaji Solutions is U72900WB2001PLC092912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Solutions has 25 court cases on record: 24 filed by the company and 1 filed against it. 22 are pending. Most are in the district courts.
Balaji Solutions was incorporated on 19 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanchit Dubey was appointed as Company Secretary on 02 Jan 2024. Shamik Chakraborty ceased to be Additional Director on 13 Nov 2023. Shamik Chakraborty was appointed as Director on 28 Apr 2023. Balaji Solutions has 17 board changes on record in total.
Balaji Solutions has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Balaji Solutions can be reached through the website balajisolutions.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Balaji Solutions is at Ps Continental Unit 203 2nd Floor, 8321 Topsia Road South, Kolkata, West Bengal, India – 700046.