Balas Industries Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Ahmadabad City, Gujarat, India, established in 1996.
1996 Ahmadabad City, Gujarat, India Active
Last Updated:
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About Balas Industries Private Limited

Balas Industries Private Limited, a active private limited company, was established on 05 June 1996 in Ahmadabad City, Gujarat, India. Engaging in furniture manufacturing within the manufacturing sector, it holds CIN: U45300GJ1996PTC029827. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.90 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Pranav Bhaskarbhai Khira (Director), Sachin Bhaskar Khira (Director), Sonalben Pranavbhai Khira (Director). Past directors included Usha Bhaskar Khira. It holds no open charges and ₹1.96 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Block-F, 607 Prahladnagar Trade Center,, B/H Titanium City Center, Vejalpur, Ahmadabad City, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U45300GJ1996PTC029827

  • Registration Number

    029827

  • Incorporation Date

    05 June 1996

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.90 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.90 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 1.96 Cr
  • Revenue Growth **** -24.35%
  • Profit Growth **** -141.45%
  • Ebitda **** -59.31%
  • Net Worth -0.55%
  • Total Assets -15.29%
Company report

Balas Industries Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Balas Industries 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 Balas Industries Private Limited?
Current Directors
Name Designation Appointment Date Status
Pranav Bhaskarbhai Khira Director 05 Jun 1997 Current
Sachin Bhaskar Khira Director 05 Jun 1997 Current
Sonalben Pranavbhai Khira Director 05 Jun 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Dec 2018 Past

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Financial Performance of Balas Industries.

Balas Industries Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 24.35% decrease. The company also saw a substantial fall in profitability, with a 141.45% decrease in profit. The company's net worth dipped by a decrease of 0.55%.

Balas Industries revenue growth over time
Balas Industries profit and loss trends over time
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
  • 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
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 -24.35%
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*******
*******
*******
Revenue from Operations
*******
 -24.21%
*******
*******
*******
*******
Total Assets
*******
 -15.29%
*******
*******
*******
*******
Profit or Loss
*******
 -141.45%
*******
*******
*******
*******
Net Worth
*******
 -0.55%
*******
*******
*******
*******
EBITDA
*******
 -59.31%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Balas Industries?

In 2018, Balas Industries had a promoter holding of 87.19% and a public holding of 12.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹0

Satisfied Charges

₹19,600,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Maharashtra : 1.66 Cr
  • The Union Co-Op Bank Ltd. : 0.30 Cr
Latest Charge Details
Date Lender Amount Status
24 May 2007 Bank Of Maharashtra ₹5.80 M Satisfied
19 May 2007 Bank Of Maharashtra ₹1.08 Cr Satisfied
30 Nov 2004 The Union Co-Op Bank Ltd. ₹3.00 M Satisfied

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How Many Employees Work at Balas Industries?

Balas Industries has a workforce of 11 employees as of Apr 02, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balas Industries, 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 Balas Industries's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Balas Industries
Recent Activity within the Organization
  • Annual General Meeting

    The activity Balas Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Balas Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge registered on 24 May 2007 via Charge ID 10058171 with Bank Of Maharashtra was fully satisfied on 29 Jul 2021. was recorded as a recent event.

  • Charges

    The activity A charge registered on 19 May 2007 via Charge ID 10058172 with Bank Of Maharashtra was fully satisfied on 29 Jul 2021. was completed.

  • Charges

    The activity A charge with Bank Of Maharashtra of Rs. 0.58 Cr registered on 24 May 2007 with Charge ID 10058171 was modified on 10 Jul 2009. was completed.

  • Charges

    A charge with Bank Of Maharashtra of Rs. 1.08 Cr registered on 19 May 2007 with Charge ID 10058172 was modified on 15 Sep 2008. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Balas Industries Private Limited?

The CIN of Balas Industries Private Limited is U45300GJ1996PTC029827.

Where is Balas Industries Private Limited headquartered?

Balas Industries Private Limited is headquartered at Block-F, 607 Prahladnagar Trade Center,, B/H Titanium City Center, Vejalpur, Ahmadabad City, Gujarat, 380015.

When was Balas Industries Private Limited incorporated?

Balas Industries Private Limited was incorporated on 05 June 1996.

Who are the current directors of Balas Industries Private Limited?

The current directors of Balas Industries Private Limited are

What is the primary industry of Balas Industries Private Limited?

The primary industry of Balas Industries Private Limited is Manufacturing.

Is Balas Industries Private Limited a listed company?

Balas Industries Private Limited is unlisted.

What is the capital structure of Balas Industries Private Limited?

The authorized capital of Balas Industries Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.90 M.

What is the compliance status of Balas Industries Private Limited?

The compliance status of Balas Industries Private Limited is Compliant.

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