Balar Synfab Private Limited
About Balar Synfab Private Limited
Data last updated:
Balar Synfab Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 31 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29219WB1991PTC052508.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Harshit Shri Shri Mal and Piyush Kumar Balar.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.68 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹20.84 Lakh (net margin 75.3%) and EBITDA of ₹27.3 Lakh (EBITDA margin 98.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹26.13 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balar Synfab Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 1 At 91 Aditya Apartment Block A First Floor Opposite Swimming Pool Ban, Gur Avenue, Kolkata, West Bengal, India – 700055
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
To see the full contact details of Balar Synfab Private 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
Financials of Balar Synfab Private Limited
FY 2024 filings availableBalar Synfab Private Limited reported revenue of ₹27.68 Lakh (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹27.3 Lakh | ||||
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| Net Profit (PAT) | ₹20.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 98.6% | ||||
| Net Profit Margin | 75.3% | ||||
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To see the full financial statements and ratios of Balar Synfab Private Limited, buy the company report.
Board of directors of Balar Synfab Private Limited
Balar Synfab has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Shri Shri Mal | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Piyush Kumar Balar | Director | 19 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Balar Synfab Private Limited is audited by HITESH PRAKASH SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH PRAKASH SHAH & CO. | FY 2023 | 127614W |
Shareholding
The shareholding of Balar Synfab 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 Balar Synfab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2008 | 10126956 | State Bank of Bikaner and Jaipur | ₹21.28 Cr | Satisfied | |
| 07 Mar 2007 | 10044354 | State Bank of Bikaner and Jaipur | ₹4.85 Cr | Satisfied |
To see the full charge records of Balar Synfab Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Balar Synfab Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balar Synfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Balar Synfab Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Balar Synfab Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Harshit Shri Shri Mal ceased to be Additional Director on 26 Sep 2024.
2 earlier events are in the company report.
Frequently asked questions
Balar Synfab is an active private limited company based in Kolkata, West Bengal, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 31 July 1991 (35+ years old) and is registered under CIN U29219WB1991PTC052508.
Balar Synfab has 2 current directors:
- Harshit Shri Shri Mal - Director
- Piyush Kumar Balar - Director
The latest financial statements of Balar Synfab on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Balar Synfab is U29219WB1991PTC052508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balar Synfab was incorporated on 31 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
Harshit Shri Shri Mal ceased to be Additional Director on 26 Sep 2024. Pawan Kumar Murarka ceased to be Director on 20 Mar 2024. Harshit Shri Shri Mal was appointed as Director on 18 Mar 2024. Balar Synfab has 6 board changes on record in total.
The registered office of Balar Synfab is at Office No 1 At 91 Aditya Apartment Block A First Floor Opposite Swimming Pool Ban, Gur Avenue, Kolkata, West Bengal, India – 700055.
Balar Synfab operates in the electrical industry, in the general purpose and special purpose machinery and equipment segment.
Balar Synfab has no open charges and satisfied charges of ₹26.13 Cr as per latest MCA filings.
The compliance status of Balar Synfab is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.