ActiveMumbai City, MaharashtraSince 1989

Balu Forge Industries Limited

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Set up in 1989 in Mumbai City. 8 people run it as directors and officers, and it has pledged its assets against loans of up to ₹263.77 crore from 3 lenders.

CINL29100MH1989PLC255933
baluindustries.comConfirmed through its LinkedIn page
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37 years at a glance

Loans against its assets, and when today's people joined

1990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyUnion Bank of India, up to ₹54 lakh, 31 Mar 2021 to still openUnion Bank of India, up to ₹111 crore, 7 May 2021 to still openUnion Bank of India, up to ₹12.8 crore, 12 Nov 2021 to still openUnion Bank of India, up to ₹6.4 crore, 21 Mar 2022 to still openUnion Bank of India, up to ₹41.68 lakh, 15 Sept 2022 to still openUnion Bank of India, up to ₹10 crore, 20 Mar 2023 to still openAxis Bank Limited, up to ₹24 lakh, 29 Aug 2023 to still openAxis Bank Limited, up to ₹1.71 crore, 31 Oct 2023 to still openAxis Bank Limited, up to ₹2.1 crore, 29 Jan 2024 to still openAxis Bank Limited, up to ₹21.36 lakh, 28 Mar 2024 to still openAxis Bank Limited, up to ₹8 lakh, 28 Mar 2024 to still openUnion Bank of India, up to ₹13.48 lakh, 7 Jun 2024 to still openUnion Bank of India, up to ₹7.83 lakh, 17 Aug 2024 to still openAxis Bank Limited, up to ₹23.85 lakh, 11 Jul 2025 to still openUnion Bank of India, up to ₹9.5 crore, 24 Sept 2025 to still openUnion Bank of India, up to ₹5.5 crore, 31 Oct 2025 to still openAxis Bank Limited, up to ₹100 crore, 5 Nov 2025 to still openToyota Financial Services India Limited, up to ₹2.69 crore, 22 Nov 2025 to still openAxis Bank Limited, up to ₹13.45 lakh, 16 May 2026 to still openJaspalsingh Prehladsingh Chandock, Managing Director, joined 19 Nov 2020Trimaan Jaspalsingh Chandock, Whole-time director, joined 19 Nov 2020Jaikaran Jaspalsingh Chandock, Whole-time director, joined 19 Nov 2020Shalu Laxmanraj Bhandari, Director, joined 28 Sept 2021Radhey Shyam Soni, Director, joined 28 Sept 2021Tabassum Begum, Company Secretary, joined 5 Jul 2023Roop Lal Meena, Director, joined 18 Feb 2025Sandeep Singh Chadha, CFO, joined 18 Jun 2026
Loan still openLoan paid offSomeone joined, and is still there
  • 1989Registered as a company on 17 Mar 1989.
  • 20203 of today's 8 people joined in November 2020.
  • 2021Its biggest loan against assets, ₹111 crore with Union Bank of India, is still open.

Who runs it

  • 3 Director
  • 2 Whole-time director
  • 1 CFO
  • 1 Company Secretary
  • 1 Managing Director
  • Sandeep Singh Chadha

    CFOsince 18 Jun 2026

  • Roop Lal Meena

    Directorsince 18 Feb 2025

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  • Tabassum Begum

    Company Secretarysince 5 Jul 2023

  • Shalu Laxmanraj Bhandari

    Directorsince 28 Sept 20214 other companies

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  • Radhey Shyam Soni

    Directorsince 28 Sept 20212 other companies

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  • Jaspalsingh Prehladsingh Chandock

    Managing Directorsince 19 Nov 20205 other companies

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All 8 people
  • Trimaan Jaspalsingh Chandock

    Whole-time directorsince 19 Nov 20206 other companies

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  • Jaikaran Jaspalsingh Chandock

    Whole-time directorsince 19 Nov 20206 other companies

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Who has lent to it

₹263.77 crorein loans backed by its assets, from 3 lenders

  • Union Bank of India₹156.37 crore

    10 open loans, taken out 2021 to 2025

  • Axis Bank Limited₹104.71 crore

    8 open loans, taken out 2023 to 2026

  • Toyota Financial Services India Limited₹2.69 crore

    Open, taken out 22 Nov 2025

Who else its people work with

Other companies where its directors and officers hold roles

Balu Advanced Technologies & Systems Private LimitedQuantum Energetics Private LimitedNaya Energy Power Technology Private LimitedBalu Hospitality LimitedDynamic Restaurants Private LimitedNew Global Forge Private LimitedBalu Advanced Technologies & Systems Private LimitedQuantum Energetics Private LimitedNaya Energy Power Technology Private LimitedBalu Hospitality LimitedNew Global Forge Private LimitedSwan Balu Heavy Industries Private LimitedBalu Advanced Technologies & Systems Private LimitedQuantum Energetics Private LimitedBalu Hospitality LimitedNaya Energy Power Technology Private LimitedNew Global Forge Private LimitedNaini Papers LimitedLumino Industries LimitedPhenil Sugars LimitedFoodlink F&B Holdings (India) LimitedLibord Securities LimitedLibord Finance LimitedTrimaan Jaspalsingh Chandock: 6 other companiesJaikaran Jaspalsingh Chandock: 6 other companiesJaspalsingh Prehladsingh Chandock: 5 other companiesShalu Laxmanraj Bhandari: 4 other companiesRadhey Shyam Soni: 2 other companiesRoop Lal Meena: 0 other companiesBaluForge I…

5 of its 8 people also hold roles in 13 other companies.

  • Trimaan Jaspalsingh Chandock

    Whole-time director at Balu Forge Industries

    6 other companiesFollow
  • Jaikaran Jaspalsingh Chandock

    Whole-time director at Balu Forge Industries

    6 other companiesFollow
  • Jaspalsingh Prehladsingh Chandock

    Managing Director at Balu Forge Industries

    5 other companiesFollow
  • Shalu Laxmanraj Bhandari

    Director at Balu Forge Industries

    4 other companiesFollow
  • Radhey Shyam Soni

    Director at Balu Forge Industries

    2 other companiesFollow
All other companies, by person

A shared director or officer is the only link shown here, not a sign that the companies are connected in any other way.

Trimaan Jaspalsingh Chandock

  • Balu Advanced Technologies & Systems Private Limited
  • Quantum Energetics Private Limited
  • Naya Energy Power Technology Private Limited (Strike Off)
  • Balu Hospitality Limited
  • Dynamic Restaurants Private Limited (Strike Off)
  • New Global Forge Private Limited

Jaikaran Jaspalsingh Chandock

  • Balu Advanced Technologies & Systems Private Limited
  • Quantum Energetics Private Limited
  • Naya Energy Power Technology Private Limited (Strike Off)
  • Balu Hospitality Limited
  • New Global Forge Private Limited
  • Swan Balu Heavy Industries Private Limited

Jaspalsingh Prehladsingh Chandock

  • Balu Advanced Technologies & Systems Private Limited
  • Quantum Energetics Private Limited
  • Balu Hospitality Limited
  • Naya Energy Power Technology Private Limited (Strike Off)
  • New Global Forge Private Limited

MCA listed no other company for Roop Lal Meena.

Read from each person's DIN record, the oldest on .

What its filings add

Balu Forge Industries files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.