Balak Automotives Private Limited Company Logo

Balak Automotives Private Limited - Company Profile

It is a automotive private limited company based in Ludhiana, Punjab, India, established in 2007.

2007 | Ludhiana, Punjab, India | Active
Last Updated:

About Balak Automotives Private Limited

Balak Automotives Private Limited, a active private limited company, was established on 15 February 2007 in Ludhiana, Punjab, India. Engaging in auto dealership & trading within the automotive sector, it holds CIN: U50101PB2007PTC030898. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹7.10 M.

It upholds a active non-compliant status. Its leadership includes Bhagwan Dass Garg (Director), Sangeeta Rani Garg (Director). Past directors included Surinder Kumar, Sangeeta Rani Garg. It holds ₹18.10 Cr open charges and ₹29.72 Cr settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at Sidh Complex Village Jugiana, G. T. Road, Ludhiana, Punjab, 141020.

Company Details

  • CIN/LLPIN

    U50101PB2007PTC030898

  • Registration Number

    030898

  • Incorporation Date

    15 February 2007

  • Authorized Capital

    ₹1.25 Cr

  • Paid-Up Capital

    ₹7.10 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 7.10 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 18.10 Cr
  • Satisfied Charges ₹ 29.72 Cr
  • Revenue Growth %
  • Ebitda 50.79%
  • Net Worth -2081.64%
  • Total Assets -0.18%
Company report

Balak Automotives Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Balak Automotives Private 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 Balak Automotives Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Bhagwan Dass GargDirector15 Feb 2007Current
Sangeeta Rani GargDirector15 Feb 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director24 Aug 2009Past
Pramod AbcsddDirector-Past

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Financial Performance of Balak Automotives.

Balak Automotives Private Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 2081.64%.

Balak Automotives revenue growth over time
Balak Automotives profit and loss trends over time
  • 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
Revenue from Operations
Total Assets
-0.18%
Profit or Loss
Net Worth
-2081.64%
EBITDA
50.79%

What is the Ownership and Shareholding Structure of Balak Automotives?

In 2016, Balak Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹181,000,000.00

Satisfied Charges

₹297,168,000.00

Charges Breakdown by Lending Institutions

  • Bank Of India : 18.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2011Bank Of India₹18.10 CrOpen
16 Dec 2009Indusind Bank Limited₹2.00 CrSatisfied
30 Nov 2009Industrial Development Bank Of India₹17.22 CrSatisfied
11 Apr 2007Punjab National Bank₹5.00 MSatisfied
11 Apr 2007Punjab National Bank₹10.00 CrSatisfied

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How Many Employees Work at Balak Automotives?

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Employee growth trends for Balak Automotives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balak Automotives, 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 Balak Automotives's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Balak Automotives

Recent Activity within the Organization

  • Annual General Meeting

    Balak Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Balak Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    A charge registered on 16 Dec 2009 via Charge ID 10200142 with Indusind Bank Limited was fully satisfied on 13 Jun 2013. was recorded as a recent event.

  • Charges

    A charge registered on 30 Nov 2009 via Charge ID 10191036 with Industrial Development Bank Of India was fully satisfied on 03 Jun 2013. was recorded as a recent event.

  • Charges

    A charge registered on 11 Apr 2007 via Charge ID 10049359 with Punjab National Bank was fully satisfied on 10 Dec 2012. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 11 Apr 2007 via Charge ID 10049360 with Punjab National Bank was fully satisfied on 10 Dec 2012. was documented.

Frequently Asked Questions

  • What is the CIN of Balak Automotives Private Limited?

    The CIN of Balak Automotives Private Limited is U50101PB2007PTC030898.

  • Where is Balak Automotives Private Limited headquartered?

    Balak Automotives Private Limited is headquartered at Sidh Complex Village Jugiana, G. T. Road, Ludhiana, Punjab, 141020.

  • When was Balak Automotives Private Limited incorporated?

    Balak Automotives Private Limited was incorporated on 15 February 2007.

  • Who are the current directors of Balak Automotives Private Limited?

    The current directors of Balak Automotives Private Limited are

  • What is the primary industry of Balak Automotives Private Limited?

    The primary industry of Balak Automotives Private Limited is Automotive.

  • Is Balak Automotives Private Limited a listed company?

    Balak Automotives Private Limited is unlisted.

  • What is the capital structure of Balak Automotives Private Limited?

    The authorized capital of Balak Automotives Private Limited is ₹1.25 Cr, and the paid-up capital is ₹7.10 M.

  • What is the compliance status of Balak Automotives Private Limited?

    The compliance status of Balak Automotives Private Limited is Active Non-Compliant.

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