About Balishtha E Tech Private Limited
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Balishtha E Tech Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72300WB2008PTC125989. Its GSTIN is 19AADCB4689C1ZK (West Bengal).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹33.15 Lakh. It is led by directors Avijit Mitra and Anju Mitra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Atindra Centenary Buildings 14B R.N.Mukherjee Road 2nd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.84 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹11.46 Lakh (net margin 4%) and EBITDA of ₹82 Lakh (EBITDA margin 28.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.09 Cr and satisfied charges of ₹1.08 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balishthaetech.com.
Company details
Contact details
Balishtha E Tech Private Limited's registered office is in Kolkata, West Bengal. Its website is balishthaetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAtindra Centenary Buildings 14B R.N.Mukherjee Road 2nd Floor, Kolkata, West Bengal, India – 700001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Balishtha E Tech 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
Business activity
The main business activity of Balishtha E Tech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Balishtha E Tech Private Limited, buy the company report.
Financials of Balishtha E Tech Private Limited
FY 2019 filings availableBalishtha E Tech Private Limited reported revenue of ₹2.84 Cr (down 25% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 25% fall in the latest year. EBITDA rose 15% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.84 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.46 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.9% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Balishtha E Tech Private Limited, buy the company report.
Board of directors of Balishtha E Tech Private Limited
Balishtha E Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avijit Mitra | Director | 22 May 2008 | 18 Years 5 Months | Current |
| Anju Mitra Also directs: Stellate Global Trading Private Limited | Director | 22 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Balishtha E Tech Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arrow Informatics Pvt Ltd | ₹2.85 Cr (FY 2019) | -46.0% | Delhi, India | |||
| Balishtha E Tech Private Limitedthis company | ₹2.84 Cr (FY 2019) | ₹11.46 Lakh | 4% | -25.0% | 11 | Kolkata, West Bengal, India |
| Aroor Infotech Private Limited | ₹2.83 Cr (FY 2024) | 12.0% | Bengaluru, Karnataka, India | |||
| Avantika Infosolutions Private Limited | ₹2.83 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Balishtha E Tech Private Limited, buy the company report.
Auditor
Balishtha E Tech Private Limited is audited by NAVIN LAHOTY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVIN LAHOTY & CO | FY 2019 | 322798E |
Shareholding
The shareholding of Balishtha E Tech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Balishtha E Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2018 | 100206111 | Others | ₹71 Lakh | Open | |
| 29 Dec 2017 | 100147429 | Others | ₹4.95 Cr | Open | |
| 20 Dec 2016 | 100084406 | Others | ₹1.25 Cr | Open | |
| 19 Dec 2016 | 100118058 | Others | ₹1.65 Cr | Open | |
| 11 Sep 2013 | 10447542 | Dcb Bank Limited | ₹2.53 Cr | Open |
To see the full charge records of Balishtha E Tech Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Balishtha E Tech Private Limited has 12 court cases on record: 12 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Aditya Birla Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Ingram Micro India Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Balishtha E Tech 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 Balishtha E Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balishtha E Tech Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Balishtha E Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCB4689C1ZK | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balishtha E Tech Private Limited, buy the company report.
Recent activity
Balishtha E Tech Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Anju Mitra was appointed as Director on 22 May 2008.
8 earlier events are in the company report.
Frequently asked questions
Balishtha E Tech is an active private limited company based in Kolkata, West Bengal, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 22 May 2008 (18+ years old) and is registered under CIN U72300WB2008PTC125989.
Balishtha E Tech has 2 current directors:
- Avijit Mitra - Director
- Anju Mitra - Director
The latest financial statements of Balishtha E Tech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Balishtha E Tech is 19AADCB4689C1ZK, registered in West Bengal.
The CIN (Corporate Identification Number) of Balishtha E Tech is U72300WB2008PTC125989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balishtha E Tech has 12 court cases on record: 12 filed against it. 3 are pending. Most are in the district courts.
Balishtha E Tech was incorporated on 22 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Balishtha E Tech by revenue are Arrow Informatics Pvt Ltd, Aroor Infotech Private Limited, Avantika Infosolutions Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (retail trading).
Anju Mitra was appointed as Director on 22 May 2008. Avijit Mitra was appointed as Director on 22 May 2008.
Balishtha E Tech can be reached through the website balishthaetech.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Balishtha E Tech is at Atindra Centenary Buildings 14B R.N.Mukherjee Road 2nd Floor, Kolkata, West Bengal, India – 700001.
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