Balasanka Motor Private Limited
About Balasanka Motor Private Limited
Data last updated:
Balasanka Motor Private Limited is a private limited company based in Theni, Tamil Nadu, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U50401TN2003PTC051673. Its GSTIN is 33AACCB5548F1ZX (Tamil Nadu).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It is led by directors including Kumaresan Vinayakamoorthy (Managing Director) and Ramamoorthy Selvaganesh (Whole-Time Director).
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 D.No.672 Periyakulam Road Theni – 625 531. Theni – 625 531., Tamil Nadu, India – 625531.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.08 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹39.6 Lakh (net margin 0.8%) and EBITDA of ₹1.02 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.14 Cr and satisfied charges of ₹1.31 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balasanka Motor Private Limited's registered office is in Theni, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No.672 Periyakulam Road Theni – 625 531. Theni – 625 531., Tamil Nadu, India – 625531
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Balasanka Motor 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
Business activity
The main business activity of Balasanka Motor is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Balasanka Motor Private Limited, buy the company report.
Financials of Balasanka Motor Private Limited
FY 2024 filings availableBalasanka Motor Private Limited reported revenue of ₹50.08 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 22% growth in the latest year. EBITDA rose 31% 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 | ₹1.02 Cr | ||||
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| Net Profit (PAT) | ₹39.6 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 | 2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Balasanka Motor Private Limited, buy the company report.
Board of directors of Balasanka Motor Private Limited
Balasanka Motor has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamoorthy Selvaganesh | Whole-Time Director | 01 Dec 2006 | 19 Years 11 Months | Current |
| Thiruppathi Maheswaran Also directs: Shri Murugesan Motor LLP | Director | 29 Sep 2003 | 23 Years 1 Months | Current |
| Kumaresan Vinayakamoorthy Also directs: Balasanka Automobiles LLP, Balasanka Akshayavelli LLP | Managing Director | 29 Sep 2003 | 23 Years 1 Months | Current |
| Murugesan Senthil Narayanan | Director | 11 Jul 2012 | 14 Years 3 Months | Current |
| Murugesan Sathya Moorthy Also directs: Balasanka Automobiles LLP, Balasanka Akshayavelli LLP | Whole-Time Director | 29 Sep 2003 | 23 Years 1 Months | Current |
| Sundaram Thirupathy Kumaresan | Director | 11 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Balasanka Motor Private Limited is audited by NATCHIMUTHU PANDIAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATCHIMUTHU PANDIAN | FY 2023 | 024109 |
Shareholding
The shareholding of Balasanka Motor 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 Balasanka Motor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2020 | 100410017 | State Bank of India | ₹20 Lakh | Open | |
| 16 May 2011 | 10289997 | State Bank of India | ₹9.94 Cr | Open | |
| 23 Apr 2004 | 90324650 | State Bank of India | ₹1.31 Cr | Satisfied |
To see the full charge records of Balasanka Motor Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Balasanka Motor 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 Balasanka Motor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balasanka Motor Private Limited has a workforce of 99 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Balasanka Motor has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCB5548F1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balasanka Motor Private Limited, buy the company report.
Recent activity
Balasanka Motor Private Limited has 9 board changes on record since 2003: 6 appointments and 3 cessations. The latest: Murugesan Senthil Narayanan was appointed as Director on 11 Jul 2012.
6 earlier events are in the company report.
Frequently asked questions
Balasanka Motor is an active private limited company based in Theni, Tamil Nadu, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 September 2003 (23+ years old) and is registered under CIN U50401TN2003PTC051673.
Balasanka Motor has 6 current directors:
- Kumaresan Vinayakamoorthy - Managing Director
- Ramamoorthy Selvaganesh - Whole-Time Director
- Murugesan Sathya Moorthy - Whole-Time Director
- Thiruppathi Maheswaran - Director
- Murugesan Senthil Narayanan - Director
- Sundaram Thirupathy Kumaresan - Director
The latest financial statements of Balasanka Motor 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 Balasanka Motor is 33AACCB5548F1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Balasanka Motor is U50401TN2003PTC051673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balasanka Motor was incorporated on 29 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Murugesan Senthil Narayanan was appointed as Director on 11 Jul 2012. Sundaram Thirupathy Balasubramanian ceased to be Director on 11 Jul 2012. Sundaram Thirupathy Kumaresan was appointed as Director on 11 Jul 2012. Balasanka Motor has 9 board changes on record in total.
The registered office of Balasanka Motor is at D.No.672 Periyakulam Road Theni – 625 531. Theni – 625 531., Tamil Nadu, India – 625531.
Balasanka Motor operates in the automotive industry, in the auto dealership and trading segment.
Balasanka Motor has open charges of ₹10.14 Cr and satisfied charges of ₹1.31 Cr as per latest MCA filings.
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