Jagat Steels Pvt Ltd

Metal manufacturing and trading company established in 1979 with registered office in Chandigarh.

1979 | Chandigarh (India) | Active
Last Updated: December 14, 2024

Jagat Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.06 M
  • Company Age 45 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.60 Cr
  • Satisfied Charges ₹ 165.49 Cr
  • Revenue Growth -91.49%
  • Profit Growth 60.32%
  • Ebitda 63.62%
  • Net Worth -0.01%
  • Total Assets -0.07%

About Jagat Steels

Jagat Steels Pvt Ltd (JSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 March 1979 and has a history of 45 years and ten months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Jagat Medicos Private Limited. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.06 M.

The company currently has active open charges totaling ₹46.60 Cr. The company has closed loans amounting to ₹165.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashwani Kumar, Sangeeta Singla, and Devi Saran serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202CH1979PTC003953

  • Company No.

    003953

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Jagat Steels?

Board Members (3)

Name Designation Appointment Date Status
Ashwani Kumar Country flag representing In Director 29-Mar-1979 Current
Sangeeta Singla Country flag representing In Director 30-Dec-2017 Current
Devi Saran Country flag representing In Director 18-Sep-2021 Current

Financial Performance of Jagat Steels.

Jagat Steels Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.49% decrease. The company also saw a substantial improvement in profitability, with a 60.32% increase in profit. The company's net worth dipped by a decrease of 0.01%.

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
-91.49%
Revenue from Operations
Total Assets
-0.07%
Profit or Loss
60.32%
Net Worth
-0.01%
EBITDA
63.62%

What is the Ownership and Shareholding Structure of Jagat Steels?

In 2023, Jagat Steels had a public holding of 2.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹466.00 M

Satisfied Charges

₹1,654.85 M

Charges Breakdown by Lending Institutions

  • Others : 46.60 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2017 Others ₹46.60 Cr Open
21 Jul 2012 Punjab National Bank ₹4.90 Cr Satisfied
26 Mar 2012 Punjab National Bank ₹37.50 Cr Satisfied
05 Mar 2012 Punjab National Bank ₹4.64 Cr Satisfied
05 Mar 2012 Punjab National Bank ₹4.90 Cr Satisfied

How Many Employees Work at Jagat Steels?

Unlock and access historical data on people associated with Jagat Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jagat 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 Jagat 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 Jagat Steels

Recent activity within the organization

  • Annual General Meeting

    Jagat Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Jagat Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 466.00 M registered on 18 Aug 2017 with Charge ID 100135869 was modified on 30 Sep 2021.

    30 Sep 2021

  • Director Appointment

    Devi Saran was appointed as a Director was appointed as a Director on 18 Sep 2021 & has been associated with this company since 3 years 4 months .

    18 Sep 2021

  • Director Appointment

    Sangeeta Singla was appointed as a Director was appointed as a Director on 30 Dec 2017 & has been associated with this company since 7 years 1 month .

    30 Dec 2017

  • Charges

    A charge registered on 26 Mar 2012 via Charge ID 10344305 with Punjab National Bank was fully satisfied on 25 Sep 2017.

    25 Sep 2017

Frequently asked questions

  • Jagat Steels Pvt Ltd was incorporated on 29 Mar 1979.

  • The authorized share capital of Jagat Steels Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.06 M.

  • Currently 3 directors are associated with Jagat Steels Pvt Ltd.

    • Ashwani Singla Kumar
    • Sangeeta Singla
    • Devi Saran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jagat Steels Pvt Ltd is House No. 32 Sector-2 A India, Chandigarh, 160002.

  • The corporate identification number (CIN) of Jagat Steels Pvt Ltd is U45202CH1979PTC003953 and the company number is 003953 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jagat Steels Pvt Ltd has fallen by -91.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jagat Steels Pvt Ltd has experienced an downturn of -0.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jagat Steels Pvt Ltd amount to ₹ 46.60 Cr.

  • The most recent Balance Sheet for Jagat Steels Pvt Ltd was filed with the ROC on 31 Mar 2024.

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