Balex Private Limited
About Balex Private Limited
Data last updated:
Balex Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27106GJ1995PTC026068. Its GSTIN is 24AAACB7665B1Z0 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Ghanshyam Agarwal and Chinmay Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 30 – 31 Navi Jithwadi Kunjan Sinor Road, Vadodara, Gujarat, India.
As per MCA filings, the company has satisfied charges of ₹45.95 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address30 – 31 Navi Jithwadi Kunjan Sinor Road, Vadodara, Gujarat, India
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Financials of Balex Private Limited FY 2025 filings available
Balex Private Limited reported revenue of ₹1,592 for FY 2019.
Compounded Annual Growth Rate (CAGR) of Balex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 88% over five years. 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 of Balex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1,592 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Balex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Balex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Balex Private Limited
Balex Private Limited is audited by J R S PATEL & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J R S PATEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Balex Private Limited
Balex has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Agarwal Also directs: Rajasthan Aluminium House Private Limited | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Chinmay Agarwal | Director | 08 Apr 2020 | 6 Years 6 Months | Current |
| Chandra Prakash Agarwal Also directs: Apex Aluminium Extrusion Private Limited, Shanti Metals Pvt Ltd | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Balex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Balex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2020 | Karnataka Bank Ltd. | ₹4 Cr | Satisfied |
| 15 Jul 2010 | State Bank of India | ₹11.5 Cr | Satisfied |
| 12 Jun 2010 | State Bank of India | ₹17.2 Cr | Satisfied |
| 11 May 2010 | Rajasthan State Industrial Development and Investment Corporation Ltd | ₹8 Cr | Satisfied |
| 17 Oct 1999 | State Bank of India | ₹1.4 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Balex Private Limited
Balex Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Balex Private Limited
Balex Private Limited has a workforce of 0 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Balex Private Limited
Balex Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Chinmay Agarwal ceased to be Additional Director on 31 Dec 2020.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Balex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Balex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Balex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Balex Private Limited
Balex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB7665B1Z0 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Balex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Balex Private Limited
Balex is an active private limited company based in Vadodara, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 1995 (31+ years old) and is registered under CIN U27106GJ1995PTC026068.
Balex has 3 current directors:
- Ghanshyam Agarwal - Director
- Chinmay Agarwal - Director
- Chandra Prakash Agarwal - Director
The GSTIN of Balex is 24AAACB7665B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Balex is U27106GJ1995PTC026068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balex has 8 court cases on record: 8 filed against it.
Balex was incorporated on 25 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chinmay Agarwal ceased to be Additional Director on 31 Dec 2020. Chinmay Agarwal was appointed as Director on 08 Apr 2020. Ashok Kumar Agarwal ceased to be Director on 09 Jul 2016. Balex has 6 board changes on record in total.
The registered office of Balex is at 30 – 31 Navi Jithwadi Kunjan Sinor Road, Vadodara, Gujarat, India.
Balex has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr.
Balex operates in the metals and minerals industry, in the metal manufacturing and processing segment.