Balasore Alloys Limited logo

Balasore Alloys Limited

Company mines and manufactures ferrochrome with domestic production and export capabilities.

1984 Baleswar, Odisha (India) Active

About

Basic Data Updated:

24 days ago

Balasore Alloys Limited is involved in the extraction of chrome ore from its own mines and the production of various grades of ferrochrome. The manufacturing facilities of BAL are situated in Balasore (Odisha) and Sukinda (Odisha), with an installed capacity of 1,45,000 TPA and 15,660 TPA respectively for ferrochrome. Additionally, BAL operates two chrome ore beneficiation plants, a chrome ore briquette plant, and a metal recovery plant. As a domestic producer and exporter of FeCr in India, BAL utilizes its own captive chromite ore mine located in Sukinda valley (Jajpur), Odisha, which is situated at a distance from its manufacturing facilities in Balasore and Sukinda.

Industry

Company Details

  • Location

    Baleswar, Odisha, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL27101OR1984PLC001354
Company No.001354
Stock Symbol BSE : 513142
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date31 May 1984
Date of AGM31 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Cuttack

Products or Services related to Balasore Alloys Limited

Infrastructure Development:

Construction Service

Greenery Development

Landscaping Services

Industrial Minerals

Quartz Mineral

High Carbon Ferrochrome

High Carbon Ferrochrome

product
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Balasore Alloys Limited offers a wide range of products and services, including: Building & Real Estate Developers, Construction Service, Landscape Structure and Designing, Landscaping Services, Quartz Ore, Quartz Mineral, Ferro Alloys, High Carbon Ferrochrome, Extraction Plants and Extruders, Metal Refining Plant.

Financials of Balasore Alloys Limited

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Balasore Alloys Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 1.5% decrease. The company also saw a substantial fall in profitability, with a 144.48% decrease in profit. The company's net worth dipped by a decrease of 3.82%.

Corporate Structure

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People in Balasore Alloys Limited

Executive Team (3)

  • RP

    Rajendra Parakh In Managing Director

    Appointment Date: 23-Jun-2023

    Status: Current

  • DG

    Debasish Ganguly CFO

    Appointment Date: 10-Apr-2023

    Status: Current

  • PA

    Pankaj Agarwal Company Secretary

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹585.59 cr

₹255.79 cr

LenderAmountStatus

Others

Creation Date: 27 Mar 2017
₹13.00 CrOpen

Others

Creation Date: 09 Mar 2016
₹48.21 CrOpen

Hinduja Leyland Finance Limited

Creation Date: 22 Apr 2015
₹2.11 MOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Padamshree Vyapaar Private Limited

    Padamshree Vyapaar Private Limited

    Active build-icon 17 years 3 months

    Rajendra Parakh is a mutual person

  • Patron Consultants Private Limited

    Patron Consultants Private Limited

    Active build-icon 26 years 1 month

    Rajendra Parakh is a mutual person

  • Sparck Industries India Private Limited

    Sparck Industries India Private Limited

    Active build-icon 13 years 2 months

    Rajendra Parakh is a mutual person

  • Star9 Mobility Private Limited

    Star9 Mobility Private Limited

    Active build-icon 2 years 6 months

    Ramen Raymandal is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Naga Raju Chikali was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 1 month 1 day .

    12 Apr 2024
  • Activity

    Charges

    A charge registered on 11 Jun 2018 via Charge ID 100208520 with Others was fully satisfied on 30 Dec 2023.

    30 Dec 2023
  • Activity

    Charges

    A charge registered on 03 Mar 2017 via Charge ID 100094987 with Others was fully satisfied on 13 Dec 2023.

    13 Dec 2023
  • Activity

    Charges

    A charge registered on 23 Dec 2016 via Charge ID 100107687 with Others was fully satisfied on 13 Dec 2023.

    13 Dec 2023
  • Activity

    Charges

    A charge registered on 04 Oct 2016 via Charge ID 100063191 with Others was fully satisfied on 13 Dec 2023.

    13 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Balasore Alloys Limited?

Balasore Alloys Limited was incorporated 39 years 11 months ago on 31 May 1984 with Registrar of Companies Roc Cuttack.

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