Balaji Speciality Chemicals Limited - Company Profile

It is a chemicals public limited company based in Solapur, Maharashtra, India, established in 2010.

2010 Solapur, Maharashtra, India Active

Last Updated: January 11, 2026

About Balaji Speciality Chemicals Limited

Balaji Speciality Chemicals Limited, a active public limited company, was established on 20 August 2010 in Solapur, Maharashtra, India. Engaging in chemical products within the manufacturing sector, it holds CIN: U24299PN2010PLC137162. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹40.00 Cr.

Formerly known as Balaji Benzochem Private Limited, Balaji Speciality Chemicals Private Limited. It upholds a compliant status. Employing 145 professional, Its leadership includes Rajeshwar Reddy Nomula (Managing Director), Hemanth Reddy Gaddam (Whole-Time Director), Ande Pratap Reddy (Whole-Time Director). Past directors included Ram Reddy Dundurapu, Lakhan Suganchand Dargad, Kashinath Revappa Dhole. It holds ₹150.00 Cr open charges and ₹100.00 Cr settled loans. Its latest AGM occurred on 08 August 2025, with the balance sheet filed on 31 March 2024. It is based at 2Nd Floor, Balaji Towers No. 9/1A/1, Hotgi Road, Aasara Chowk, Solapur, Maharashtra, 413224.

Company Details

CIN/LLPIN
U24299PN2010PLC137162
Registration Number
137162
Incorporation Date
20 August 2010
Authorized Capital
₹45.00 Cr
Paid-Up Capital
₹40.00 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 45.00 Cr as on 11-01-2026
Paid Up Capital ₹ 40.00 Cr as on 11-01-2026
Company Age 15 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 150.00 Cr as on 11-01-2026
Satisfied Charges ₹ 100.00 Cr as on 11-01-2026
Revenue Growth **** 54.69% (FY 2023)
Profit Growth **** 62.00% (FY 2023)
Ebitda **** 52.24% (FY 2023)
Net Worth 92.20% (FY 2023)
Total Assets **** 12.97% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Balaji Speciality Chemicals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Balaji Speciality Chemicals Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajeshwar Reddy Nomula	Managing Director	14 Apr 2016	Current
Hemanth Reddy Gaddam	Whole-Time Director	14 Apr 2016	Current
Ande Pratap Reddy	Whole-Time Director	14 Apr 2016	Current
Amarender Reddy Minupuri	Director	18 Apr 2022	Current
Rajendrakumar Mohanprasad Tapadiya	Director	09 May 2018	Current
Suhasini Yatin Shah	Director	18 Apr 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	08 May 2018	Past
Pramod Abcsdd	Director	14 Apr 2016	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Director	28 Jul 2022	Past

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Financial Performance of Balaji Speciality Chemicals.

Balaji Speciality Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.69% increase. The company also saw a substantial improvement in profitability, with a 62% increase in profit. The company's net worth Soared by an impressive increase of 92.2%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

54.69%

*******

Revenue from Operations

*******

53.40%

*******

Total Assets

*******

12.97%

*******

Profit or Loss

*******

62.00%

*******

Net Worth

*******

92.20%

*******

EBITDA

*******

52.24%

*******

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What is the Ownership and Shareholding Structure of Balaji Speciality Chemicals?

In 2023, Balaji Speciality Chemicals had a promoter holding of 77.85% and a public holding of 22.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,500,000,000.00

Satisfied Charges

₹1,000,000,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 125.00 Cr
State Bank Of India : 25.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Dec 2021	State Bank Of India	₹25.00 Cr	Open
25 Oct 2018	Hdfc Bank Limited	₹75.00 Cr	Open
26 Sep 2017	Hdfc Bank Limited	₹50.00 Cr	Open
29 Nov 2019	Hdfc Bank Limited	₹50.00 Cr	Satisfied
27 Mar 2018	Others	₹50.00 Cr	Satisfied

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How Many Employees Work at Balaji Speciality Chemicals?

Balaji Speciality Chemicals has a workforce of 145 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Balaji Speciality Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Balaji Speciality Chemicals's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Balaji Speciality Chemicals

Recent Activity within the Organization

Annual General Meeting

The activity Balaji Speciality Chemicals Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records. was completed.
08 Aug 2025
Charges

A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 26 Sep 2017 with Charge ID 100129587 was modified on 06 Apr 2024. was recorded as a recent event.
06 Apr 2024
Balance Sheet

Balaji Speciality Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was recorded as a recent event.
31 Mar 2024
Charges

The activity A charge registered on 27 Mar 2018 via Charge ID 100165008 with Others was fully satisfied on 09 Oct 2023. was completed.
09 Oct 2023
Charges

The activity A charge registered on 29 Nov 2019 via Charge ID 100308230 with Hdfc Bank Limited was fully satisfied on 31 Jul 2023. was completed.
31 Jul 2023
Charges

The activity A charge with State Bank Of India of Rs. 25.00 Cr registered on 08 Dec 2021 with Charge ID 100530965 was modified on 06 Apr 2023. was completed.
06 Apr 2023

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