About Balar Marketing Pvt Ltd
Data last updated:
Balar Marketing Pvt Ltd is a private limited company based in Delhi, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 20 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36102DL1992PTC050686. Its GSTIN is 07AAACB0361N1ZS (Delhi). The company holds 21 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹11.6 Cr and a paid-up capital of ₹8.52 Cr. It is led by directors including Parasmal Jain (Managing Director) and Dinesh Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 217 Functional Industrial Estate Patpar Ganj, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹695.24 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹18.28 Cr (net margin 2.6%) and EBITDA of ₹43.09 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 22% over five years.
The company has about 357 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Fybros. As per MCA filings, the company has open charges of ₹164.1 Cr and satisfied charges of ₹16.52 Cr on record. Court records list 111 cases involving the company, including 84 filed by the company and 27 filed against it; 43 cases are pending. The company has 16 deals on record (10 secondary share transfers, 5 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹61.03 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kundancab.in.
Company details
CIN history
Balar Marketing has one previous CIN (Corporate Identification Number): U74899DL1992PTC050686. The current CIN is U36102DL1992PTC050686, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36102DL1992PTC050686 | Current |
| U74899DL1992PTC050686 | Previous |
Contact details
Balar Marketing Pvt Ltd's registered office is in Delhi, Delhi. Its website is kundancab.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address217 Functional Industrial Estate Patpar Ganj, Delhi, India – 110092
- IndustryManufacturing, Cable & Wire
To see the full contact details of Balar Marketing Pvt Ltd, 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
Brands
Balar Marketing operates one associated brand: FYBROS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical wires, cables, switchgears, and LEDs manufacturing in India. | kundancab.in |
Business activity
The main business activities of Balar Marketing are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Balar Marketing Pvt Ltd, buy the company report.
Financials of Balar Marketing Pvt Ltd
FY 2024 filings availableBalar Marketing Pvt Ltd reported revenue of ₹695.24 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 17% growth in the latest year. EBITDA rose 14% 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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| EBITDA | ₹43.09 Cr | ||||
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| Net Profit (PAT) | ₹18.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Balar Marketing Pvt Ltd, buy the company report.
Board of directors of Balar Marketing Pvt Ltd
Balar Marketing has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Jain Also directs: Balar and Shah Ventures LLP, Fybros Electric Private Limited, Jenna Developers Private Limited and 2 more | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
| Parasmal Jain Also directs: Balar and Shah Ventures LLP, Fybros Electric Private Limited, Balgota Marketing Private Limited and 4 more | Managing Director | 20 Oct 1992 | 34 Years 0 Months | Current |
| Sureshkumar | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
Auditor
Balar Marketing Pvt Ltd is audited by BENGANI RAJESH & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BENGANI RAJESH & COMPANY | FY 2023 | 022383N |
Shareholding
The shareholding of Balar Marketing Pvt Ltd 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 Balar Marketing Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2024 | 100924647 | Citi Bank N.A. | ₹40 Cr | Open | |
| 15 Feb 2020 | 100332425 | Others | ₹40 Cr | Open | |
| 22 Nov 2018 | 100223463 | The Hongkong and Shanghai Banking Corporation Limited | ₹40 Cr | Open | |
| 22 Nov 2018 | 100223467 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.1 Cr | Open | |
| 14 Sep 2017 | 100127373 | Others | ₹40 Cr | Open |
To see the full charge records of Balar Marketing Pvt Ltd, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Balar Marketing Pvt Ltd has 16 deals on record (10 secondary share transfers, 5 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹61.03 Cr; the latest was in March 2018.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Jayantilal S Jain HUF, Parasmal HUF, Kailash S Jain HUF Seller: Shree Balaji Orchards Limited |
| Mar 2012 | Funding round | ₹17 Cr | Investors: Capacious Tradex Private Limited , Glen Infrabuild Private Limited , Usha Equity Private Limited |
| Mar 2012 | Funding round | ₹2.82 Cr | Investors: Shree Balaji Orchards Limited , 3 individuals |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Cosmos Holding India Private Limited, R A B Marketing Private Limited , Shankar Fincap Private Limited, an individual |
| Mar 2009 | Funding round | ₹52 Lakh | Investors: Radhika Construction Company Private Limited , Modular Enterprises Private Limited , Robotek Accessories Private Limited |
To see the full deal history of Balar Marketing Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balar Marketing Pvt Ltd has 111 court cases on record: 84 filed by Balar Marketing, 27 filed against it. 43 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 6 | 33 |
| High courts | 45 | 18 | 10 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Samko Switchgears Private Limited and 1 other | Disposed |
| High Court of Delhi | Court case (C.O.(COMM.IPD-CR)) | Filed against the company by Lakha Ram Sharma Proprietor of Kundan Cable India | Pending |
| District court, Central, Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Balar Marketing Pvt Ltd, 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
Balar Marketing Pvt Ltd was last rated by Icra on 25 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 May 2021 |
To see the full credit ratings and regulatory alerts of Balar Marketing Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balar Marketing Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Balar Marketing has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Fybros Electric Private Limited | U31103DL2006PTC151477 |
To see the full group structure of Balar Marketing Pvt Ltd, buy the company report.
Employees & EPFO
Balar Marketing Pvt Ltd has a workforce of 357 employees on its EPFO records as of Apr 05, 2024, across 5 active EPFO establishments.
GST
Balar Marketing has 21 GST registrations: 15 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACB0361N1ZS | Delhi | Active | 01 Jul 2017 |
| 08AAACB0361N1ZQ | Rajasthan | Active | 01 Jul 2017 |
| 09AAACB0361N1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
| 33AAACB0361N1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balar Marketing Pvt Ltd, buy the company report.
Recent activity
Balar Marketing Pvt Ltd has 11 board changes on record since 1992: 3 appointments and 8 cessations. The latest: Bilesh Jain ceased to be Director on 31 Dec 2020.
29 earlier events are in the company report.
Frequently asked questions
Balar Marketing is an active private limited company based in Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 20 October 1992 (34+ years old) and is registered under CIN U36102DL1992PTC050686.
Balar Marketing has 3 current directors:
- Parasmal Jain - Managing Director
- Dinesh Jain - Director
- Sureshkumar - Director
The latest financial statements of Balar Marketing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Balar Marketing is 07AAACB0361N1ZS, registered in Delhi. The company has 21 GST registrations in all, of which 15 are active and 6 are cancelled or inactive. Other active GSTINs include 08AAACB0361N1ZQ (Rajasthan), 09AAACB0361N1ZO (Uttar Pradesh), 33AAACB0361N1ZX (Tamil Nadu).
The CIN (Corporate Identification Number) of Balar Marketing is U36102DL1992PTC050686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balar Marketing has 111 court cases on record: 84 filed by the company and 27 filed against it. 43 are pending. Most are in the district courts.
Balar Marketing was incorporated on 20 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Balar Marketing has 16 deals on record (10 secondary share transfers, 5 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹61.03 Cr; the latest was in March 2018.
Bilesh Jain ceased to be Director on 31 Dec 2020. Kadankode Sairam Sekhar ceased to be Ceo(Kmp) on 31 Dec 2018. Sureshkumar ceased to be Additional Director on 29 Sep 2018. Balar Marketing has 11 board changes on record in total.
Balar Marketing can be reached through the website kundancab.in. Its registered office is in Delhi, India.
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