Balasore Alloys Limited, a active public limited company, was established on 31 May 1984 in Balasore, Orissa, India. Engaging in metal manufacturing & processing within the manufacturing sector, it holds CIN: L27101OR1984PLC001354. Registered under ROC Roc Cuttack. it is listed on BSE: 513142. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹46.66 Cr.
Formerly known as Ispat Alloys Limited. It upholds a compliant status. In 2023, it reported revenue of ₹401.33 Cr and a net worth of ₹561.98 Cr. Employing 563 professional, Its leadership includes Rajib Das (Director), Paramesh Bhattacharya (Director), Ketan Vasant Kale (Director). Past directors included Ram Nath Pandey, Mrutyunjaya Mohanty, Vartika Mittal Goenka. It holds ₹585.59 Cr open charges and ₹841.38 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Balgopalpur Balasore, Balasore, Orissa, 756020.
L27101OR1984PLC001354
001354
31 May 1984
₹100.00 Cr
₹46.66 Cr
Roc Cuttack
Listed (BSE: 513142)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajib Das | Director | 02 Apr 2021 | Current |
| Paramesh Bhattacharya | Director | 08 Jul 2021 | Current |
| Ketan Vasant Kale | Director | 13 Aug 2024 | Current |
| Naga Raju Chikali | Whole-Time Director | 28 Mar 2024 | Current |
| Pravakar Mohanty | Director | 15 Feb 2023 | Current |
| Pankaj Kapoor | Director | 05 Nov 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 17 May 2011 | Past |
| Pramod Abcsdd | Cfo(Kmp) | 23 Nov 2017 | Past |
| Pramod Abcsdd | Director | 29 May 2016 | Past |
| Pramod Abcsdd | Additional Director | 27 Sep 2019 | Past |
| Pramod Abcsdd | Managing Director | 11 Nov 2011 | Past |
| Pramod Abcsdd | Director | 22 Aug 2017 | Past |
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Balasore Alloys Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 257.59% increase. The company also saw a substantial fall in profitability, with a 194.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.15%.
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In 2023, Balasore Alloys had a promoter holding of 61.44% and a public holding of 38.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹5,855,891,547.00
₹8,413,757,923.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2018 | State Bank Of India | ₹1.20 M | Satisfied |
| 11 Jun 2018 | Others | ₹3.51 M | Satisfied |
| 06 Jun 2018 | State Bank Of India | ₹2.10 M | Satisfied |
| 27 Mar 2017 | Others | ₹13.00 Cr | Satisfied |
| 03 Mar 2017 | Others | ₹3.19 Cr | Satisfied |
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Balasore Alloys has a workforce of 563 employees as of Apr 10, 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.
Gain comprehensive insights into the Deals and Valuation data of Balasore Alloys, 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 Balasore Alloys's trajectory.
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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.
Arun Kumar Jain was appointed as a Additional Director was appointed as a Additional Director on 29 Apr 2025 & has been associated with this company since 6 months 28 days . was recorded as a recent event.
A charge registered on 22 Apr 2015 via Charge ID 10572653 with Hinduja Leyland Finance Limited was fully satisfied on 02 Apr 2025. was recorded as a recent event.
Progress on A charge registered on 25 Feb 2015 via Charge ID 10563009 with Hinduja Leyland Finance Limited was fully satisfied on 02 Apr 2025. was documented.
A charge registered on 30 Jan 2015 via Charge ID 10563016 with Hinduja Leyland Finance Limited was fully satisfied on 02 Apr 2025. was recorded as a recent event.
Progress on A charge registered on 24 Mar 2015 via Charge ID 10563015 with Hinduja Leyland Finance Limited was fully satisfied on 29 Mar 2025. was documented.
A charge registered on 31 Jan 2015 via Charge ID 10563018 with Hinduja Leyland Finance Limited was fully satisfied on 29 Mar 2025. was recorded as a recent event.
When you resign as CFO but still gotta follow the rules. #RegulationsBeLike #ByeByeCFO #BSEUpdate.
The CIN of Balasore Alloys Limited is L27101OR1984PLC001354.
Balasore Alloys Limited is headquartered at Balgopalpur Balasore, Balasore, Orissa, 756020.
Balasore Alloys Limited was incorporated on 31 May 1984.
The current directors of Balasore Alloys Limited are
The primary industry of Balasore Alloys Limited is Manufacturing.
Balasore Alloys Limited is listed. It is listed on BSE: 513142.
The authorized capital of Balasore Alloys Limited is ₹100.00 Cr, and the paid-up capital is ₹46.66 Cr.
The compliance status of Balasore Alloys Limited is Compliant.
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