Balasore Solvents Pvt Ltd
About Balasore Solvents Pvt Ltd
Data last updated:
Balasore Solvents Pvt Ltd is a private limited company based in Howrah, West Bengal, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 15 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U15143WB1996PTC079674. Its GSTIN is 21AABCB9000H2ZB (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Gouri Shankar Baheti and Shreeram Baheti.
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 48 Sailo Kumar Mukherjee Road Ground Floor Room No. 1, Howrah, West Bengal, India – 711101.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.46 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹8.28 Lakh (net margin 1.9%) and EBITDA of ₹59.13 Lakh (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 132% over three years and 110% over five years.
As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹2.56 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balasore Solvents Pvt Ltd's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address48 Sailo Kumar Mukherjee Road Ground Floor Room No. 1, Howrah, West Bengal, India – 711101
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Balasore Solvents Pvt Ltd, 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 activities of Balasore Solvents are manufacturing and real estate. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Balasore Solvents Pvt Ltd, buy the company report.
Financials of Balasore Solvents Pvt Ltd
FY 2024 filings availableBalasore Solvents Pvt Ltd reported revenue of ₹4.46 Cr (up 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 110% over five years, including 79% growth in the latest year. EBITDA rose 28% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹59.13 Lakh | ||||
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| Net Profit (PAT) | ₹8.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Balasore Solvents Pvt Ltd, buy the company report.
Board of directors of Balasore Solvents Pvt Ltd
Balasore Solvents has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gouri Shankar Baheti | Director | 30 Jul 2011 | 15 Years 3 Months | Current |
| Shreeram Baheti | Director | 01 Jul 2001 | 25 Years 4 Months | Current |
Auditor
Balasore Solvents Pvt Ltd is audited by N. JATANIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. JATANIA & CO. | FY 2023 | 315001E |
Shareholding
The shareholding of Balasore Solvents Pvt Ltd 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 Balasore Solvents Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2022 | 100619679 | Others | ₹3.75 Cr | Open | |
| 23 Jul 2003 | 80019075 | State Bank of India | ₹50 Lakh | Satisfied | |
| 31 Dec 1999 | 80019125 | State Bank of India | ₹2.06 Cr | Satisfied |
To see the full charge records of Balasore Solvents Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Balasore Solvents Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0405-Indirect Taxes Matters : Sales Tax Act (Central & various States)) | Filed against the company by The State of Odisha Rep Through Secretary Secretariat Building ,Bhubaneswar , Orissa and 3 others | Disposed |
To see the full case history of Balasore Solvents Pvt Ltd, 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 Balasore Solvents Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balasore Solvents Pvt Ltd has 1 active EPFO establishment as of Apr 05, 2024.
GST
Balasore Solvents has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCB9000H2ZB | Odisha | Active | 11 May 2021 |
To see the full GST registrations and return filing status of Balasore Solvents Pvt Ltd, buy the company report.
Recent activity
Balasore Solvents Pvt Ltd has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Sitaram Baheti ceased to be Director on 20 Mar 2020.
2 earlier events are in the company report.
Frequently asked questions
Balasore Solvents is an active private limited company based in Howrah, West Bengal, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 15 May 1996 (30+ years old) and is registered under CIN U15143WB1996PTC079674.
Balasore Solvents has 2 current directors:
- Gouri Shankar Baheti - Director
- Shreeram Baheti - Director
The latest financial statements of Balasore Solvents 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 Balasore Solvents is 21AABCB9000H2ZB, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Balasore Solvents is U15143WB1996PTC079674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balasore Solvents has 1 court case on record: 1 filed against it.
Balasore Solvents was incorporated on 15 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Sitaram Baheti ceased to be Director on 20 Mar 2020. Gouri Shankar Baheti was appointed as Director on 30 Jul 2011. Nagraj Jain ceased to be Director on 30 Jul 2011. Balasore Solvents has 4 board changes on record in total.
The registered office of Balasore Solvents is at 48 Sailo Kumar Mukherjee Road Ground Floor Room No. 1, Howrah, West Bengal, India – 711101.
Balasore Solvents operates in the chemicals and materials industry, in the solvent and oil extraction tech segment.
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