About Balaji Niryaat Private Limited
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Balaji Niryaat Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25119WB2005PTC103876. Its GSTIN is 19AAJCS1050J1Z9 (West Bengal).
The company has an authorised share capital of ₹5.73 Cr and a paid-up capital of ₹5.19 Cr. It was formerly known as Shruti Goods Private Limited. It is led by directors Hemant Lunia and Suman Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 21 Synagogue Street 3rd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹321.67 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Cr (net margin 1.6%) and EBITDA of ₹12.92 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 31% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Balaji Niryaat. As per MCA filings, the company has open charges of ₹317.31 Cr and satisfied charges of ₹112.85 Cr on record. Court records list 18 cases involving the company, including 14 filed by the company and 4 filed against it; 6 cases are pending. The company has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹1.38 Cr; the latest was in March 2024. Its 3 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Hansa Tubes Private Limited with revenue of ₹323.76 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bnpl.co.in.
Company details
CIN history
Balaji Niryaat has one previous CIN (Corporate Identification Number): U51109WB2005PTC103876. The current CIN is U25119WB2005PTC103876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25119WB2005PTC103876 | Current |
| U51109WB2005PTC103876 | Previous |
Contact details
Balaji Niryaat Private Limited's registered office is in Kolkata, West Bengal. Its website is bnpl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address21 Synagogue Street 3rd Floor, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Balaji Niryaat 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
Brands
Balaji Niryaat operates one associated brand: Balaji Niryaat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stainless steel manufacturing, machinery supply, and processing services in India. | bnpl.co.in |
Business activity
The main business activities of Balaji Niryaat are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Balaji Niryaat Private Limited, buy the company report.
Financials of Balaji Niryaat Private Limited
FY 2023 filings availableBalaji Niryaat Private Limited reported revenue of ₹321.67 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 42% growth in the latest year. EBITDA rose 47% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹321.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.12 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Balaji Niryaat Private Limited, buy the company report.
Board of directors of Balaji Niryaat Private Limited
Balaji Niryaat has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Lunia Also directs: Navratan Vinimay Pvt Ltd, Infinite Alloy Private Limited, Reliable Commosale Private Limited and 5 more | Director | 26 Sep 2005 | 21 Years 1 Months | Current |
| Suman Jain Also directs: Navratan Vinimay Pvt Ltd, Infinite Alloy Private Limited, Reliable Commosale Private Limited and 5 more | Director | 24 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
Balaji Niryaat Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hansa Tubes Private Limited | ₹323.76 Cr (FY 2025) | 7.0% | Chandigarh, India | |||
| Balaji Niryaat Private Limitedthis company | ₹321.67 Cr (FY 2023) | ₹5.12 Cr | 1.6% | 42.0% | 32 | Kolkata, West Bengal, India |
| C.P. Re-Rollers Limited | ₹317.2 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Kiran Infra Ispat Limited | ₹317 Cr (FY 2025) | 0.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Balaji Niryaat Private Limited, buy the company report.
Auditor
Balaji Niryaat Private Limited is audited by DTSB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DTSB & ASSOCIATES | FY 2023 | 329277E |
Shareholding
The shareholding of Balaji Niryaat 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Niryaat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2026 | 101223701 | Indian Bank | ₹25 Cr | Open | |
| 24 Dec 2025 | 101228721 | Bank of India | ₹60 Cr | Open | |
| 18 Jul 2025 | 101129570 | Indian Bank | ₹45 Cr | Open | |
| 16 Jul 2025 | 101132527 | Canara Bank | ₹40 Cr | Open | |
| 21 Jun 2025 | 101140485 | Others | ₹16.31 Lakh | Open |
To see the full charge records of Balaji Niryaat Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Balaji Niryaat Private Limited has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹1.38 Cr; the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹5 Cr | Investors: Cute Vinimay Private Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Yashika Synthetics Private Limited Seller: Navoday Agencies Pvt Ltd , Pace Distribution & Marketing Private Limited , Foresight Fragrance & Finance Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Reliable Commosale Private Limited Seller: Navoday Agencies Pvt Ltd , Debdaru Vinimay Private Limited |
| Mar 2010 | Funding round | ₹94.8 Lakh | Investors: Navoday Agencies Pvt Ltd , Debdaru Vinimay Private Limited , Pace Trade and Agency Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Eden Distributors Private Limited , Pace Distribution & Marketing Private Limited , 2 individuals |
To see the full deal history of Balaji Niryaat 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
Balaji Niryaat Private Limited has 18 court cases on record: 14 filed by Balaji Niryaat, 4 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 6 |
| High courts | 6 | 4 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Saket Infradevelopers Private Limited and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Sidhi Vinayak Foods Private Limited and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Shiva Kitchen Equipments Private Limited and 2 others | Disposed |
| High Court | Company petition | Filed against the company by Re : Grain Processing Industries (India) Pvt. Ltd. -and- | Disposed |
| High Court | Company petition | Filed against the company by Re : Srinivasa Engineers Pvt. Ltd. -and- | Disposed |
To see the full case history of Balaji Niryaat 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 Balaji Niryaat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Balaji Niryaat has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Balaji Niryaat Private Limited has a workforce of 32 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 32 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Balaji Niryaat Private Limited, buy the company report.
GST
Balaji Niryaat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCS1050J1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Niryaat Private Limited, buy the company report.
Recent activity
Balaji Niryaat Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Bulbul Agarwal ceased to be Director on 18 Mar 2025.
34 earlier events are in the company report.
Frequently asked questions
Balaji Niryaat is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 June 2005 (21+ years old) and is registered under CIN U25119WB2005PTC103876.
Balaji Niryaat has 2 current directors:
- Hemant Lunia - Director
- Suman Jain - Director
The latest financial statements of Balaji Niryaat on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Niryaat is 19AAJCS1050J1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Balaji Niryaat is U25119WB2005PTC103876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Niryaat has 18 court cases on record: 14 filed by the company and 4 filed against it. 6 are pending. Most are in the district courts.
Balaji Niryaat was incorporated on 22 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Balaji Niryaat has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹1.38 Cr; the latest was in March 2024.
The peers of Balaji Niryaat by revenue are Hansa Tubes Private Limited, C.P. Re-Rollers Limited, Kiran Infra Ispat Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Bulbul Agarwal ceased to be Director on 18 Mar 2025. Bulbul Agarwal was appointed as Director on 07 Sep 2023. Paras Lunia ceased to be Director on 07 Sep 2009. Balaji Niryaat has 6 board changes on record in total.
Balaji Niryaat can be reached through the website bnpl.co.in. Its registered office is in Kolkata, West Bengal, India.
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