DPIIT recognised startup Government of India
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Balneo Wellness Technologies Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.89 Cr
▲ 51% YoY
Net loss · FY 2025
₹1.26 Cr
Net margin -66.7%
EBITDA · FY 2025
-₹1.21 Cr
EBITDA margin -64%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1.27 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Balneo Wellness Technologies Private Limited
Data last updated:
Balneo Wellness Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 29 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31900DL2020PTC361018. Its GSTIN is 07AAICB8906H1ZI (Delhi).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.27 Lakh. It is led by directors including Pravir Chadha and Rajesh Chadha.
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 10/6772 Gali No. 3 Dev Nagar Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -66.7%) and EBITDA of -₹1.21 Cr (EBITDA margin -64%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years.
The company is associated with 1 brand: Steam PRO. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.8 Cr; the latest was in February 2026.
For more details, the company can be reached via its website steampro.in.
Company details
CIN U31900DL2020PTC361018
Registration Number 361018
Incorporation Date 29 January 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Balneo Wellness Technologies
Contact details
Balneo Wellness Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is steampro.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10/6772 Gali No. 3 Dev Nagar Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Balneo Wellness Technologies Private Limited, buy the company report.
Comprehensive company report
Balneo Wellness Technologies 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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Brands
Balneo Wellness Technologies operates one associated brand: Steam PRO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers in-home steam bath systems with fast generation, warranties, and wellness benefits for consumers. | steampro.in |
Financials of Balneo Wellness Technologies Private Limited
FY 2025 filings availableBalneo Wellness Technologies Private Limited reported revenue of ₹1.89 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹1.89 Cr ▲ 51%
Net loss · FY 2025
₹1.26 Cr margin -66.7%
EBITDA · FY 2025
-₹1.21 Cr margin -64%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 60%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 124%
Revenue has grown at a compounded annual rate (CAGR) of 60% over three years, including 51% growth in the latest year. EBITDA fell 22% 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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| Total Expenses | |||||
| EBITDA | -₹1.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.26 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -64% | ||||
| Net Profit Margin | -66.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Balneo Wellness Technologies Private Limited, buy the company report.
Board of directors of Balneo Wellness Technologies Private Limited
Balneo Wellness Technologies has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravir Chadha | Director | 29 Jan 2020 | 6 Years 9 Months | Current |
| Rajesh Chadha Also directs: Campari Health Systems Limited | Director | 29 Jan 2020 | 6 Years 9 Months | Current |
| Sumir Chadha Also directs: Campari Health Systems Limited | Director | 23 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Balneo Wellness Technologies Private Limited is audited by AAJV AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AAJV AND ASSOCIATES | FY 2023 | 007739N |
Shareholding
The shareholding of Balneo Wellness Technologies Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Balneo Wellness Technologies Private Limited, buy the company report.
Deals & funding
Balneo Wellness Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.8 Cr; the latest was in February 2026.
Total deals
1
Funding round
1
Disclosed funding
₹3.8 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Funding round · Seed | ₹3.8 Cr | Investors: Zeropearl VC, Anicut Capital, Atrium, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balneo Wellness Technologies Private Limited has 1 court case on record: 1 filed by Balneo Wellness Technologies. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Relaxora Technologies Pvt. Ltd. & Ors. | Pending |
To see the full case history of Balneo Wellness Technologies 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 Balneo Wellness Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balneo Wellness Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICB8906H1ZI | Delhi | Active | 29 Jul 2020 |
To see the full GST registrations and return filing status of Balneo Wellness Technologies Private Limited, buy the company report.
Recent activity
Balneo Wellness Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sumir Chadha was appointed as Director on 23 Mar 2023.
AGM
Balneo Wellness Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Balneo Wellness Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Sumir Chadha was appointed as Director.
Appointed
Pravir Chadha was appointed as Director.
Appointed
Rajesh Chadha was appointed as Director.
Incorporation
29 Jan 2020
Balneo Wellness Technologies Private Limited was registered on 29 Jan 2020 with Roc Delhi & aged 6 years 9 months as per MCA records.
Frequently asked questions
Balneo Wellness Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 29 January 2020 (6+ years old) and is registered under CIN U31900DL2020PTC361018.
Balneo Wellness Technologies has 3 current directors:
- Pravir Chadha - Director
- Rajesh Chadha - Director
- Sumir Chadha - Director
The latest financial statements of Balneo Wellness Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Balneo Wellness Technologies is 07AAICB8906H1ZI, registered in Delhi.
The CIN (Corporate Identification Number) of Balneo Wellness Technologies is U31900DL2020PTC361018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balneo Wellness Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Balneo Wellness Technologies was incorporated on 29 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Balneo Wellness Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹3.8 Cr; the latest was in February 2026.
Sumir Chadha was appointed as Director on 23 Mar 2023. Pravir Chadha was appointed as Director on 29 Jan 2020. Rajesh Chadha was appointed as Director on 29 Jan 2020.
Yes, Balneo Wellness Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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