Balashri Metals Private Limited
About Balashri Metals Private Limited
Data last updated:
Balashri Metals Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27102WB2004PTC098556. Its GSTIN is 20AACCB4481D1ZA (Jharkhand). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.68 Cr. It is led by directors Mehul Kumar Basant and Milan Kumar Basant.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Destiny Towers 25 Chinar Park Flat No. 4F 4th Floor, Kolkata, West Bengal, India – 700157.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.41 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹5.41 Lakh (net margin 0.1%) and EBITDA of ₹9.51 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹6.04 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balashri Metals 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 AddressDestiny Towers 25 Chinar Park Flat No. 4F 4th Floor, Kolkata, West Bengal, India – 700157
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Balashri Metals 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 Balashri Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Balashri Metals Private Limited, buy the company report.
Financials of Balashri Metals Private Limited
FY 2025 filings availableBalashri Metals Private Limited reported revenue of ₹45.41 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 10% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.41 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Balashri Metals Private Limited, buy the company report.
Board of directors of Balashri Metals Private Limited
Balashri Metals has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Kumar Basant | Director | 16 Feb 2024 | 2 Years 8 Months | Current |
| Milan Kumar Basant Also directs: Emvee Square LLP, Sharda Movers Private Limited, Shrinathji Vanijya Private Limited and 1 more | Director | 02 Jul 2018 | 8 Years 4 Months | Current |
Peer comparison
Balashri Metals Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salasar Bright Bar Private Limited | ₹45.44 Cr (FY 2024) | 8.0% | Kolkata, West Bengal, India | |||
| Balashri Metals Private Limitedthis company | ₹45.41 Cr (FY 2024) | ₹5.41 Lakh | 0.1% | -23.0% | Kolkata, West Bengal, India | |
| Rajshree Recycling Metals Private Limited | ₹45.34 Cr (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| SS Fastners Private Limited | ₹45.33 Cr (FY 2024) | 10.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Balashri Metals Private Limited, buy the company report.
Auditor
Balashri Metals Private Limited is audited by SHEKHAR SHARAD & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHEKHAR SHARAD & CO. | FY 2023 | 011338C |
Shareholding
The shareholding of Balashri Metals 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 Balashri Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2016 | 100028961 | Others | ₹2.5 Cr | Open | |
| 18 Feb 2005 | 80023183 | United Bank of India | ₹3.54 Cr | Open |
To see the full charge records of Balashri Metals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Balashri Metals Private Limited has 3 court cases on record: 3 filed by Balashri Metals. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Jharkhand Through the Commissioner of Commercial Taxes and Ors and 4 others | Pending |
| High Court, JHARKHAND | Writ petition | Filed by the company against Union of India Through the Chief Commissioner Central Excise and Service Tax Ranchi Zone and Ors and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against State of Jharkhand Through the Commissioner of Commercial Taxes and Ors and 4 others | Disposed |
To see the full case history of Balashri Metals Private Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balashri Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Balashri Metals has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Balashri Metals has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AACCB4481D1ZA | Jharkhand | Active | 01 Jul 2017 |
| 20AACCB4481D1DJ | Jharkhand | Active | 27 Nov 2024 |
To see the full GST registrations and return filing status of Balashri Metals Private Limited, buy the company report.
Recent activity
Balashri Metals Private Limited has 12 board changes on record since 2015: 2 appointments and 10 cessations. The latest: Mehul Kumar Basant ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Balashri Metals is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 May 2004 (22+ years old) and is registered under CIN U27102WB2004PTC098556.
Balashri Metals has 2 current directors:
- Mehul Kumar Basant - Director
- Milan Kumar Basant - Director
The latest financial statements of Balashri Metals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balashri Metals is 20AACCB4481D1ZA, registered in Jharkhand. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 20AACCB4481D1DJ (Jharkhand).
The CIN (Corporate Identification Number) of Balashri Metals is U27102WB2004PTC098556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balashri Metals has 3 court cases on record: 3 filed by the company. 1 is pending.
Balashri Metals was incorporated on 18 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Balashri Metals by revenue are Salasar Bright Bar Private Limited, Rajshree Recycling Metals Private Limited, SS Fastners Private Limited, all in the Metals and Minerals industry (Metals, Steel), with the same principal business activity (metal and metal products).
Mehul Kumar Basant ceased to be Additional Director on 29 Sep 2024. Kamal Kumar Agrawal ceased to be Director on 12 Mar 2024. Mehul Kumar Basant was appointed as Director on 16 Feb 2024. Balashri Metals has 12 board changes on record in total.
The registered office of Balashri Metals is at Destiny Towers 25 Chinar Park Flat No. 4F 4th Floor, Kolkata, West Bengal, India – 700157.
Balashri Metals operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
