
About New Bal Logistics Private Limited
Data last updated:
New Bal Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 27 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2000PTC125344.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as New Bal Roadlines Private Limited. It is led by directors including Paramjeet Singh Khushal Singh Bal and Gurvinder Singh Khushal Singh Bal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Group No 3/334/4057 Tagor Nagar Vikroli (E), Mumbai, Maharashtra, India – 400083.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website newbal.in.
Company details
Contact details
New Bal Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is newbal.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGroup No 3/334/4057 Tagor Nagar Vikroli (E), Mumbai, Maharashtra, India – 400083
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of New Bal Logistics 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 New Bal Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
Financials of New Bal Logistics Private Limited
FY 2020 filings availableNew Bal Logistics Private Limited reported revenue of ₹100 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹100 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | |||||
To see the full financial statements and ratios of New Bal Logistics Private Limited, buy the company report.
Board of directors of New Bal Logistics Private Limited
New Bal Logistics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramjeet Singh Khushal Singh Bal | Director | 27 Mar 2000 | 26 Years 6 Months | Current |
| Gurvinder Singh Khushal Singh Bal | Director | 27 Mar 2000 | 26 Years 6 Months | Current |
| Gurmeet Singh Khushal Singh Bal Also directs: Khalsa Yoddha Organisation | Director | 27 Mar 2000 | 26 Years 6 Months | Current |
Peer comparison
New Bal Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pravin Roadlines Private Limited | ₹104 (FY 2022) | -78.0% | Pune, Maharashtra, India | |||
| New Bal Logistics Private Limitedthis company | ₹100 (FY 2020) | -100.0% | Mumbai, Maharashtra, India | |||
| Neelkamal Transport Private Limited | ₹13 (FY 2017) | -100.0% | Kolkata, West Bengal, India | |||
| Vora Logistics Private Limited | ₹9 (FY 2025) | -100.0% | Thane, Maharashtra, India |
To see the full peer comparison of New Bal Logistics Private Limited, buy the company report.
Auditor
New Bal Logistics Private Limited is audited by K U KOTHARI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K U KOTHARI & CO | FY 2020 | 105310W |
Shareholding
The shareholding of New Bal Logistics Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of New Bal Logistics Private Limited, buy the company report.
Legal cases
New Bal Logistics Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Barclays Investments Loans (I0 Ltd. | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of New Bal Logistics 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 New Bal Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for New Bal Logistics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Bal Logistics Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Gurmeet Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000.
Frequently asked questions
New Bal Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 27 March 2000 (26+ years old) and is registered under CIN U63090MH2000PTC125344.
New Bal Logistics has 3 current directors:
- Paramjeet Singh Khushal Singh Bal - Director
- Gurvinder Singh Khushal Singh Bal - Director
- Gurmeet Singh Khushal Singh Bal - Director
The latest financial statements of New Bal Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New Bal Logistics is U63090MH2000PTC125344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Bal Logistics has 2 court cases on record: 2 filed against it. 1 is pending.
New Bal Logistics was incorporated on 27 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of New Bal Logistics by revenue are Pravin Roadlines Private Limited, Neelkamal Transport Private Limited, Vora Logistics Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Gurmeet Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000. Gurvinder Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000. Paramjeet Singh Khushal Singh Bal was appointed as Director on 27 Mar 2000.
New Bal Logistics can be reached through the website newbal.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of New Bal Logistics is at Group No 33344057 Tagor Nagar Vikroli E, Mumbai, Maharashtra, India – 400083.
New Bal Logistics operates in the transport and logistics industry, in the carriers services segment.