MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-02-0068862
Balaxi Overseas Private Limited - pharma in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹238.65 Cr
▼ 30% YoY
Net loss · FY 2024
₹3.19 Cr
Net margin -1.3%
EBITDA · FY 2024
₹5.36 Cr
EBITDA margin 2.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.95 Cr
Issued & subscribed
Open charges
₹31 Cr
Satisfied ₹8.1 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
30
Provident fund records
About Balaxi Overseas Private Limited
Data last updated:
Balaxi Overseas Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Balaxi Pharmaceuticals Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 30 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51909TG2003PTC040399. Its GSTIN is 36AAECA0526G1Z4 (Telangana).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.95 Cr. It was formerly known as Appy Overseas Private Limited. It is led by directors Ashish Maheshwari and Maheshwari Minoshi.
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 H.No. 8 – 2 – 293 Plot No.409 3rd Floor Maps Towers Phase – 3 Road No.81 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2024, the company reported a revenue of ₹238.65 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹3.19 Cr (net margin -1.3%) and EBITDA of ₹5.36 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 56% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31 Cr and satisfied charges of ₹8.1 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹47.53 Cr; the latest was in March 2020. Its 6 peer companies in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 4 smaller; the largest is Shri Rishabh India Private Limited with revenue of ₹240.99 Cr.
Balaxi Overseas Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0068862). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balaxi.com.
Company details
CIN U51909TG2003PTC040399
Registration Number 040399
Incorporation Date 30 January 2003
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Balaxi Pharmaceuticals Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0068862
CIN history
Balaxi Overseas has one previous CIN (Corporate Identification Number): U51909AP2003PTC040399. The current CIN is U51909TG2003PTC040399, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909TG2003PTC040399 | Current |
| U51909AP2003PTC040399 | Previous |
Recognitions & Rankings of Balaxi Overseas
Contact details
Balaxi Overseas Private Limited's registered office is in Hyderabad, Telangana. Its website is balaxi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No. 8 – 2 – 293 Plot No.409 3rd Floor Maps Towers Phase – 3 Road No.81 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Balaxi Overseas Private Limited, buy the company report.
Comprehensive company report
Balaxi Overseas Private Limited - one report that includes everything
- 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
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Financials of Balaxi Overseas Private Limited
FY 2024 filings availableBalaxi Overseas Private Limited reported revenue of ₹238.65 Cr (down 30% YoY) for FY 2024.
Revenue · FY 2024
₹238.65 Cr ▼ 30%
Net loss · FY 2024
₹3.19 Cr margin -1.3%
EBITDA · FY 2024
₹5.36 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 1%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 51%
5 years · compounded
▲ 14%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 56%. EBITDA fell 91% 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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| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Balaxi Overseas Private Limited, buy the company report.
Board of directors of Balaxi Overseas Private Limited
Balaxi Overseas has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Maheshwari Also directs: Balaxi Holdings LLP, Balaxi Pharmaceuticals Limited, Balaxi Capital Holdings Private Limited and 1 more | Director | 30 Jan 2003 | 23 Years 9 Months | Current |
| Maheshwari Minoshi | Director | 30 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
Balaxi Overseas Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Rishabh India Private Limited | ₹240.99 Cr (FY 2025) | -2.0% | Indore, Madhya Pradesh, India | |||
| Four-P International Private Limited | ₹239.16 Cr (FY 2025) | -12.0% | Chennai, Tamil Nadu, India | |||
| Balaxi Overseas Private Limitedthis company | ₹238.65 Cr (FY 2024) | -₹3.19 Cr | -1.3% | -30.0% | 30 | Hyderabad, Telangana, India |
| KKP Petchem Private Limited | ₹236.66 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Dhariwalcorp Limited | ₹236.47 Cr (FY 2025) | 2.0% | Jodhpur, Rajasthan, India | |||
| Generica India Limited | ₹235.66 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Medihauxe International Private Limited | ₹235.12 Cr (FY 2023) | 9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Balaxi Overseas Private Limited, buy the company report.
Auditor
Balaxi Overseas Private Limited is audited by P Murali & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Murali & Co | FY 2023 | 007257s |
Shareholding
The shareholding of Balaxi Overseas 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaxi Overseas Private Limited, buy the company report.
Charges & borrowings
Open charges
₹31 Cr
Satisfied charges
₹8.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2022 | 100611842 | Others | ₹31 Cr | Open | |
| 04 Sep 2019 | 100322826 | Axis Bank Limited | ₹60 Lakh | Satisfied | |
| 28 Dec 2015 | 10627970 | Kotak Mahindra Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Balaxi Overseas Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Balaxi Overseas Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹47.53 Cr; the latest was in March 2020.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹47.53 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Interbal Trades Limited Seller: Skyline Global Fze, Orzora Enterprises Dmcc, an individual |
| Aug 2019 | Funding round | ₹15 Cr | Investors: Interbal Trades Limited, Skyline Global Fze, Orzora Enterprises Dmcc, an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Skyline Global Fze, Orzora Enterprises Dmcc, an individual Seller: Interbal Trades Limited |
| Mar 2017 | Funding round | ₹32.33 Cr | Investors: Interbal Trades Limited |
| Nov 2010 | Funding round | ₹20 Lakh | Investors: 2 individuals |
To see the full deal history of Balaxi Overseas Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balaxi Overseas Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Socomed Pharma Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by an individual | Disposed |
To see the full case history of Balaxi Overseas 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 Balaxi Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balaxi Overseas Private Limited has a workforce of 30 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-9.09%
GST
Balaxi Overseas has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECA0526G1Z4 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaxi Overseas Private Limited, buy the company report.
Recent activity
Balaxi Overseas Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Ashish Maheshwari was appointed as Director on 30 Jan 2003.
AGM
Balaxi Overseas Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Balaxi Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 31.00 Cr with Charge ID 100611842 was registered on 05 Sep 2022.
Charges
A charge registered on 04 Sep 2019 via Charge ID 100322826 with Axis Bank Limited was fully satisfied on 14 Sep 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100322826 was registered on 04 Sep 2019.
Charges
A charge registered on 28 Dec 2015 via Charge ID 10627970 with Kotak Mahindra Bank Limited was fully satisfied on 27 Aug 2019.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 7.50 Cr with Charge ID 10627970 was registered on 28 Dec 2015.
Appointed
Ashish Maheshwari was appointed as Director.
Appointed
Maheshwari Minoshi was appointed as Director.
Incorporation
30 Jan 2003
Balaxi Overseas Private Limited was registered on 30 Jan 2003 with Roc Hyderabad & aged 23 years 9 months as per MCA records.
Frequently asked questions
Balaxi Overseas is an active private limited company based in Hyderabad, Telangana, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 30 January 2003 (23+ years old) and is registered under CIN U51909TG2003PTC040399.
Balaxi Overseas has 2 current directors:
- Ashish Maheshwari - Director
- Maheshwari Minoshi - Director
The latest financial statements of Balaxi Overseas 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 Balaxi Overseas is 36AAECA0526G1Z4, registered in Telangana.
The CIN (Corporate Identification Number) of Balaxi Overseas is U51909TG2003PTC040399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaxi Overseas has 3 court cases on record: 3 filed against it. 2 are pending.
Balaxi Overseas was incorporated on 30 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
Balaxi Overseas has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹47.53 Cr; the latest was in March 2020.
The peers of Balaxi Overseas by revenue are Shri Rishabh India Private Limited, Four-P International Private Limited, KKP Petchem Private Limited, Dhariwalcorp Limited, Generica India Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Ashish Maheshwari was appointed as Director on 30 Jan 2003. Maheshwari Minoshi was appointed as Director on 30 Jan 2003.
Yes, Balaxi Overseas is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0068862).
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