Jagadeesh Iron And Steels Private Limited

Produces foundry products for automobile industry, serving clients like Mahindra and Carraro.

2003 | Sangli, Maharashtra (India) | Active
Last Updated: July 05, 2024

Jagadeesh Iron And Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.45 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 83.38 Cr
  • Satisfied Charges ₹ 14.67 Cr
  • Revenue Growth -19.54%
  • Profit Growth -15.84%
  • Ebitda 22.19%
  • Net Worth -2.75%
  • Total Assets -6.47%

About Jagadeesh Iron And Steels

Jagadeesh Iron And Steels Private Limited (JIASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 2003 and has a history of 21 years and five months. Its registered office is in Sangli, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.45 Cr.

The company currently has active open charges totaling ₹83.38 Cr. The company has closed loans amounting to ₹14.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arwind Joshi and Kedar Joshi serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jagadeeshiron.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106PN2003PTC018272

  • Company No.

    018272

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive
Engineering

Who are the key members and board of directors at Jagadeesh Iron And Steels?

Board Members (2)

Name Designation Appointment Date Status
Arwind Joshi Country flag representing In Director 26-Aug-2003 Current
Kedar Joshi Country flag representing In Director 26-Aug-2003 Current

Financial Performance of Jagadeesh Iron And Steels.

Jagadeesh Iron And Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.54% decrease. The company also saw a substantial fall in profitability, with a 15.84% decrease in profit. The company's net worth dipped by a decrease of 2.75%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-19.54%
Revenue from Operations
-19.07%
Total Assets
-6.47%
Profit or Loss
-15.84%
Net Worth
-2.75%
EBITDA
22.19%

What is the Ownership and Shareholding Structure of Jagadeesh Iron And Steels?

In 2023, Jagadeesh Iron And Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹83.38 Cr

Satisfied Charges

₹14.67 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 79.57 Cr
  • Others : 3.81 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2023 Others ₹7.97 M Open
26 Aug 2022 Others ₹3.01 Cr Open
10 Sep 2018 Hdfc Bank Limited ₹21.45 Cr Open
16 Jul 2015 Hdfc Bank Limited ₹21.08 Cr Open
11 Mar 2015 Hdfc Bank Limited ₹37.05 Cr Open

How Many Employees Work at Jagadeesh Iron And Steels?

Jagadeesh Iron And Steels has a workforce of 63 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jagadeesh Iron And Steels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jagadeesh Iron And Steels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Jagadeesh Iron And Steels

Recent activity within the organization

  • Annual General Meeting

    Jagadeesh Iron And Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100821893 was registered on 02 Aug 2023.

    02 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.08 Cr registered on 16 Jul 2015 with Charge ID 10589760 was modified on 11 May 2023.

    11 May 2023

  • Balance Sheet

    Jagadeesh Iron And Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.01 Cr with Charge ID 100617027 was registered on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 37.05 Cr registered on 11 Mar 2015 with Charge ID 10589759 was modified on 17 Mar 2022.

    17 Mar 2022

Frequently asked questions

  • Jagadeesh Iron And Steels Private Limited was incorporated on 26 Aug 2003.

  • The authorized share capital of Jagadeesh Iron And Steels Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.45 Cr.

  • Currently 2 directors are associated with Jagadeesh Iron And Steels Private Limited.

    • Arwind Gangadhar Joshi
    • Kedar Gangadhar Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jagadeesh Iron And Steels Private Limited is D/23 Midcmiraj, Sangli, Maharashtra, India, 416410.

  • The corporate identification number (CIN) of Jagadeesh Iron And Steels Private Limited is U27106PN2003PTC018272 and the company number is 018272 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jagadeesh Iron And Steels Private Limited is https://www.jagadeeshiron.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jagadeesh Iron And Steels Private Limited has fallen by -19.54%.

  • As Per 2023 financial reports, 63 employees are currently employed by Jagadeesh Iron And Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jagadeesh Iron And Steels Private Limited has experienced an downturn of -2.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jagadeesh Iron And Steels Private Limited amount to ₹ 83.38 Cr.

  • The most recent Balance Sheet for Jagadeesh Iron And Steels Private Limited was filed with the ROC on 31 Mar 2023.