Jai Balaji Industries Limited

Manufacturer of steel products, including DRI, pig iron, TMT bars, and ductile iron pipes.

1999 | Kolkata, West Bengal (India) | Active
Last Updated: December 12, 2024

Jai Balaji Industries Profile

Key Indicators

  • Authorised Capital ₹ 189.00 Cr
  • Paid Up Capital ₹ 182.45 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,219.46 Cr
  • Satisfied Charges ₹ 55,942.52 Cr
  • Revenue Growth 67.15%
  • Profit Growth 163.40%
  • Ebitda 118.30%
  • Net Worth 4.05%
  • Total Assets -1.23%

About Jai Balaji Industries

Jai Balaji Industries Limited (JBIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 July 1999 and has a history of 25 years and seven months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532976 and on the National Stock Exchange(NSE) under JAIBALAJI.

The Corporate was formerly known as Jai Balaji Sponge Limited. The Company is engaged in the Metals And Minerals 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 189.00 Cr and a paid-up capital of Rs 182.45 Cr.

The company currently has active open charges totaling ₹1,219.46 Cr. The company has closed loans amounting to ₹55,942.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jai Balaji Industries Limited India are Raj Sharma as Cfo, Ajay Tantia as Company Secretary, and Sanjiv Jajodia as Cfo. Gaurav Jajodia, Sanjiv Jajodia, Aditya Jajodia, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jaibalajigroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27102WB1999PLC089755

  • Company No.

    089755

  • Stock Symbol

    BSE : 532976 NSE : JAIBALAJI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1999

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Jai Balaji Industries Limited offer?

Jai Balaji Industries Limited offers a wide range of products and services, including Plant & Equipment Erection Services, Power Station Construction Services, Steel Pipes, Carbon Steel Pipes, Ferro Alloys, Ferro Manganese, TMT Bars, TMT Steel Bars, Iron Metal, Pig Iron.

Who are the key members and board of directors at Jai Balaji Industries?

Executive Team (4)

NameDesignationAppointment DateStatus
Ajay Tantia Country flag representing In Company Secretary01-Apr-2005Current
Raj Sharma CFO27-Jan-2024Current
Aditya Jajodia Country flag representing In Managing Director01-Jul-1999Current
Sanjiv Jajodia Country flag representing In CFO01-May-2008Current

Board Members (10)

NameDesignationAppointment DateStatus
Swati Bajaj Country flag representing In Director 13-Aug-2018Current
Rakhi Bajoria Country flag representing In Director 17-Apr-2015Current
Gaurav Jajodia Country flag representing In Whole-Time Director 27-Sep-2014Current
Sanjiv Jajodia Country flag representing In Whole-Time Director and Cfo 31-May-2002Current
Rajiv Jajodia Country flag representing In Whole-Time Director 01-Jul-1999Current
Ashim Mukherjee Country flag representing In Director 02-Dec-2015Current

Financial Performance of Jai Balaji Industries.

Jai Balaji Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 67.15% increase. The company also saw a substantial improvement in profitability, with a 163.4% increase in profit. The company's net worth moved up by a moderate rise of 4.05%.

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
67.15%
Revenue from Operations
66.72%
Total Assets
-1.23%
Profit or Loss
163.40%
Net Worth
4.05%
EBITDA
118.30%

What is the Ownership and Shareholding Structure of Jai Balaji Industries?

In 2022, Jai Balaji Industries had a promoter holding of 50.98% and a public holding of 49.02%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,219.46 Cr

Satisfied Charges

₹55,942.52 Cr

Charges Breakdown by Lending Institutions

  • Others : 1184.30 Cr
  • West Bengal Industrial Development Corpn. Limited : 23.85 Cr
  • Central Bank Of India : 10.50 Cr
  • Kotak Mahindra Bank Ltd. : 0.62 Cr
  • Abn Amro Bank Nv : 0.09 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2024Others₹45.00 CrOpen
31 Aug 2024Others₹559.00 CrOpen
12 Dec 2023Others₹559.00 CrOpen
30 Nov 2018Others₹13.30 CrOpen
29 Nov 2018Others₹1.78 CrOpen

How Many Employees Work at Jai Balaji Industries?

Jai Balaji Industries has a workforce of 507 employees as of Apr 05, 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 Jai Balaji Industries, 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 Jai Balaji Industries'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 Jai Balaji Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100987050 was registered on 24 Sep 2024.

    24 Sep 2024

  • Annual General Meeting

    Jai Balaji Industries Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 559.00 Cr with Charge ID 100980129 was registered on 31 Aug 2024.

    31 Aug 2024

  • Director Appointment

    Rajendra Prasad Ritolia was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 6 months 25 days .

    29 Jul 2024

  • Balance Sheet

    Jai Balaji Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 24 Apr 2015 via Charge ID 10567452 with Others was fully satisfied on 15 Feb 2024.

    15 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Jai Balaji Industries Limited was incorporated on 01 Jul 1999.

  • The authorized share capital of Jai Balaji Industries Limited is ₹ 189.00 Cr and paid-up capital is ₹ 182.45 Cr.

  • Currently 14 directors are associated with Jai Balaji Industries Limited.

    • Raj Kumar Sharma
    • Gaurav Jajodia
    • Sanjiv Jajodia
    • Aditya Jajodia
    • Rajiv Jajodia
    • Ashim Kumar Mukherjee
    • Rajendra Prasad Ritolia
    • Swati Bajaj
    • Seema Chowdhury
    • Rakhi Bajoria
    • Bimal Kumar Choudhary
    • Mamta Jain
    • Ajay Kumar Tantia
    • Sanjiv Jajodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jai Balaji Industries Limited is 5, Bentinck Street India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Jai Balaji Industries Limited is L27102WB1999PLC089755 and the company number is 089755 as per Ministry of Corporate Affairs (MCA).

  • Yes, Jai Balaji Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JAIBALAJI.

  • The Official website of Jai Balaji Industries Limited is https://www.jaibalajigroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Jai Balaji Industries Limited has risen by 67.15%.

  • As Per 2022 financial reports, 507 employees are currently employed by Jai Balaji Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jai Balaji Industries Limited has experienced an upsurge of 4.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Jai Balaji Industries Limited amount to ₹ 1,219.46 Cr.

  • The most recent Balance Sheet for Jai Balaji Industries Limited was filed with the ROC on 31 Mar 2024.

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