MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-56-0006983
Balaji Springs Private Limited - automotive in Meerut, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.52 Cr
▲ 65% YoY
Net profit · FY 2025
₹1.15 Cr
Net margin 4%
EBITDA · FY 2025
₹3.55 Cr
EBITDA margin 12.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹67.7 Lakh
Issued & subscribed
Open charges
₹10.27 Cr
Satisfied ₹4.31 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
178
Provident fund records
About Balaji Springs Private Limited
Data last updated:
Balaji Springs Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U31300UP1998PTC023891.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹67.7 Lakh. It is led by directors including Shweta Mittal (Whole-Time Director) and Ritu Mittal (Whole-Time Director).
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 Khasra No. 228 Mohiuddinpur Delhi Road, Meerut, Uttar Pradesh, India – 250205.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.52 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 4%) and EBITDA of ₹3.55 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Balaji Springs. As per MCA filings, the company has open charges of ₹10.27 Cr and satisfied charges of ₹4.31 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹77.9 Lakh; the latest was in June 2021. Its 5 peer companies in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Amap Press & Tools Private Limited with revenue of ₹28.62 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.
Balaji Springs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0006983). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajisprings.com.
Company details
CIN U31300UP1998PTC023891
Registration Number 023891
Incorporation Date 30 September 1998
ROC Kanpur
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-56-0006983
Key People
Shweta Mittal Whole-Time Director Ritu Mittal Whole-Time Director Tanu Mittal Whole-Time Director Recognitions & Rankings of Balaji Springs
Contact details
Balaji Springs Private Limited's registered office is in Meerut, Uttar Pradesh. Its website is balajisprings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKhasra No. 228 Mohiuddinpur Delhi Road, Meerut, Uttar Pradesh, India – 250205
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Balaji Springs Private Limited, buy the company report.
Comprehensive company report
Balaji Springs Private Limited - one report that includes everything
- 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
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Brands
Balaji Springs operates one associated brand: Balaji Springs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports compression, torsion, extension, and double torsion springs. | balajisprings.com |
Business activity
The main business activity of Balaji Springs is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Balaji Springs Private Limited, buy the company report.
Financials of Balaji Springs Private Limited
FY 2025 filings availableBalaji Springs Private Limited reported revenue of ₹28.52 Cr (up 65% YoY) for FY 2025.
Revenue · FY 2025
₹28.52 Cr ▲ 65%
Net profit · FY 2025
₹1.15 Cr margin 4%
EBITDA · FY 2025
₹3.55 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 4%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 4%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 65% growth in the latest year. EBITDA rose 20% 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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| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 12.5% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Balaji Springs Private Limited, buy the company report.
Board of directors of Balaji Springs Private Limited
Balaji Springs has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Mittal Also directs: Magb Spares Private Limited | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
| Shweta Mittal | Whole-Time Director | 14 Jul 2014 | 12 Years 3 Months | Current |
| Satish Kumar | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
| Madhur Kumar Mittal | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
| Gaurav Mittal Also directs: Magb Spares Private Limited | Director | 14 Jun 2000 | 26 Years 4 Months | Current |
| Ritu Mittal | Whole-Time Director | 14 Jul 2014 | 12 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Balaji Springs Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amap Press & Tools Private Limited | ₹28.62 Cr (FY 2025) | -8.0% | Gangapur, Maharashtra, India | |||
| Agarwal Alumax Private Limited | ₹28.58 Cr (FY 2025) | 9.0% | Secunderabad, Telangana, India | |||
| M.L.S Enterprises Private Limited | ₹28.54 Cr (FY 2024) | -9.0% | Trichirapalli, Tamil Nadu, India | |||
| Balaji Springs Private Limitedthis company | ₹28.52 Cr (FY 2025) | ₹1.15 Cr | 4% | 65.0% | 178 | Meerut, Uttar Pradesh, India |
| Shree Ambey Metal Industries Limited | ₹28.46 Cr (FY 2024) | -11.0% | Ludhiana, Punjab, India | |||
| Peenya Fine Comp Private Limited | ₹28.37 Cr (FY 2024) | -17.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Balaji Springs Private Limited, buy the company report.
Auditor
Balaji Springs Private Limited is audited by JAGMOHAN SINGH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGMOHAN SINGH & ASSOCIATES | FY 2023 | 032620N |
Shareholding
The shareholding of Balaji Springs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Springs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.27 Cr
Satisfied charges
₹4.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2025 | 101066869 | Hdfc Bank Limited | ₹30.84 Lakh | Open | |
| 30 Dec 2024 | 101053516 | Hdfc Bank Limited | ₹36.76 Lakh | Open | |
| 25 Aug 2022 | 100630079 | Others | ₹2.83 Cr | Open | |
| 09 Mar 2021 | 100440627 | Others | ₹6.77 Cr | Open | |
| 20 Jan 2018 | 100161816 | State Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Balaji Springs Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Balaji Springs Private Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹77.9 Lakh; the latest was in June 2021.
Total deals
10
Secondary share transfers
6
Funding rounds
3
Rights issue
1
Disclosed funding
₹77.9 Lakh
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Brijesh Kumar Mittal Huf |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Brijesh Kumar Mittal Huf |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Brijesh Kumar Mittal Huf |
| Mar 2015 | Rights issue | ₹76.4 Lakh | Investors: Ram Kumar Mittal & Sons Huf, Satish Kumar Mittal & Sons Huf, Brijesh Kumar Mittal Huf |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Balaji Springs Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balaji Springs Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Meerut, Uttar Pradesh | Court case (M V Act) | Filed against the company by State of Up | Disposed |
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Balaji Springs 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.
Credit ratings & regulatory alerts
Balaji Springs Private Limited was last rated by Crisil on 17 Nov 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Nov 2016 |
To see the full credit ratings and regulatory alerts of Balaji Springs Private Limited, buy the company report.
MSME payment delays
Balaji Springs Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anushree Electrical Engineers Private Limited |
To see the full MSME payment records of Balaji Springs Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Balaji Springs Private Limited has a workforce of 178 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
178
Active EPFO establishments
1
Employee growth
21.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 178 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Balaji Springs Private Limited, buy the company report.
GST
No GST registration is on our record for Balaji Springs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Balaji Springs Private Limited has 11 board changes on record since 1998: 7 appointments and 4 cessations. The latest: Ritu Mittal ceased to be Director on 14 Aug 2014.
Charges
A charge with Others of Rs. 6.77 Cr registered on 09 Mar 2021 with Charge ID 100440627 was modified on 19 Nov 2025.
AGM
Balaji Springs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Balaji Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101066869 was registered on 24 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 101053516 was registered on 30 Dec 2024.
Charges
A charge with Others amounted to Rs. 2.83 Cr with Charge ID 100630079 was registered on 25 Aug 2022.
Charges
A charge registered on 08 Dec 2007 via Charge ID 10080502 with State Bank Of India was fully satisfied on 27 Jul 2021.
Charges
A charge with Others amounted to Rs. 6.77 Cr with Charge ID 100440627 was registered on 09 Mar 2021.
Charges
A charge registered on 20 Jan 2018 via Charge ID 100161816 with State Bank Of India was fully satisfied on 30 Sep 2020.
Charges
A charge registered on 14 Aug 2017 via Charge ID 100130332 with State Bank Of India was fully satisfied on 30 Sep 2020.
Charges
A charge with State Bank Of India of Rs. 2.69 Cr registered on 08 Dec 2007 with Charge ID 10080502 was modified on 28 Sep 2020.
Charges
A charge with State Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100161816 was registered on 20 Jan 2018.
35 earlier events are in the company report.
Frequently asked questions
Balaji Springs is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 September 1998 (28+ years old) and is registered under CIN U31300UP1998PTC023891.
Balaji Springs has 7 current directors:
- Shweta Mittal - Whole-Time Director
- Ritu Mittal - Whole-Time Director
- Tanu Mittal - Whole-Time Director
- Amit Kumar Mittal - Director
- Satish Kumar - Director
- Madhur Kumar Mittal - Director
- Gaurav Mittal - Director
The latest financial statements of Balaji Springs 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 CIN (Corporate Identification Number) of Balaji Springs is U31300UP1998PTC023891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Springs has 3 court cases on record: 3 filed against it.
Balaji Springs was incorporated on 30 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kanpur.
Balaji Springs has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹77.9 Lakh; the latest was in June 2021.
The peers of Balaji Springs by revenue are Amap Press & Tools Private Limited, Agarwal Alumax Private Limited, M.L.S Enterprises Private Limited, Shree Ambey Metal Industries Limited, Peenya Fine Comp Private Limited, all in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products).
Ritu Mittal ceased to be Director on 14 Aug 2014. Shweta Mittal ceased to be Director on 14 Aug 2014. Tanu Mittal ceased to be Director on 14 Aug 2014. Balaji Springs has 11 board changes on record in total.
Yes, Balaji Springs is registered as a small enterprise under Udyam registration (number: UDYAM-UP-56-0006983).
Balaji Springs has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Balaji Springs can be reached through the website balajisprings.com. Its registered office is in Meerut, Uttar Pradesh, India.
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