- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0054865

About Balex Metals Private Limited
Data last updated:
Balex Metals Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Banco Aluminium Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 February 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27209GJ2022PTC129100. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kush Vimal Patel and Hemendra Chandrakant Patel.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.54 Lakh (net margin 70.8%) and EBITDA of ₹5.54 Lakh (EBITDA margin 86.3%).
Balex Metals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0054865). For more details, the company can be reached via its website bancoaluminium.com.
Company details
Recognitions & Rankings of Balex Metals
Contact details
Balex Metals Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat – 304 Tower B Springwood Residency – 2, Nr. Santosh Nagar Tandalja, Vadodara, Gujarat, India – 390020
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Balex 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
Financials of Balex Metals Private Limited
FY 2024 filings availableBalex Metals Private Limited reported revenue of ₹6.42 Lakh (up 2312% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹5.54 Lakh | ||
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| Net Profit (PAT) | ₹4.54 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 86.3% | ||
| Net Profit Margin | 70.8% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Balex Metals Private Limited, buy the company report.
Board of directors of Balex Metals Private Limited
Balex Metals has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kush Vimal Patel Also directs: Banco Preciparts Private Limited, Banco Aluminium Private Limited | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Hemendra Chandrakant Patel Also directs: Banco Preciparts Private Limited, Banco Aluminium Private Limited | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Pravinchandra Gokaldas Shah Also directs: Ganpat Finvest Services Private Limited | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
Auditor
Balex Metals Private Limited is audited by K.C.MEHTA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.C.MEHTA & CO LLP | FY 2023 | 106237W |
Shareholding
The shareholding of Balex Metals Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Balex Metals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Balex Metals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balex Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balex Metals Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
GST
Balex Metals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Balex Metals Private Limited, buy the company report.
Recent activity
Balex Metals Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Hemendra Chandrakant Patel was appointed as Director on 04 Feb 2022.
Frequently asked questions
Balex Metals is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 February 2022 (4+ years old) and is registered under CIN U27209GJ2022PTC129100.
Balex Metals has 3 current directors:
- Kush Vimal Patel - Director
- Hemendra Chandrakant Patel - Director
- Pravinchandra Gokaldas Shah - Director
The latest financial statements of Balex Metals 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 FY 2022 are in the company report.
No. Balex Metals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Balex Metals is U27209GJ2022PTC129100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balex Metals was incorporated on 04 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hemendra Chandrakant Patel was appointed as Director on 04 Feb 2022. Kush Vimal Patel was appointed as Director on 04 Feb 2022. Pravinchandra Gokaldas Shah was appointed as Director on 04 Feb 2022.
Yes, Balex Metals is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0054865).
Balex Metals can be reached through the website bancoaluminium.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Balex Metals is at Flat – 304 Tower B Springwood Residency – 2, Nr. Santosh Nagar Tandalja, Vadodara, Gujarat, India – 390020.

