Jai Balaji Industries Profile
Key Indicators
- Authorised Capital ₹ 189.00 Cr
- Paid Up Capital ₹ 182.45 Cr
- Company Age 25 Year, 9 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 nine 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
- Social Media
Corporate Identity Details
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.
Jai Balaji Industries Limited
Explore comprehensive data for Jai Balaji Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Jai Balaji Industries?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Tantia  | Company Secretary | 01-Apr-2005 | Current |
| Raj Sharma | CFO | 27-Jan-2024 | Current |
| Aditya Jajodia | Managing Director | 01-Jul-1999 | Current |
| Sanjiv Jajodia | CFO | 01-May-2008 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swati Bajaj | Director | 13-Aug-2018 | Current |
| Rakhi Bajoria | Director | 17-Apr-2015 | Current |
| Gaurav Jajodia | Whole-Time Director | 27-Sep-2014 | Current |
| Sanjiv Jajodia | Whole-Time Director and Cfo | 31-May-2002 | Current |
| Rajiv Jajodia | Whole-Time Director | 01-Jul-1999 | Current |
| Ashim Mukherjee | Director | 02-Dec-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Gp Eco Solutions India LimitedRajendra Ritolia is a mutual person
Bengal Polymers Pvt. Ltd.Swati Bajaj is a mutual person
Artcetera Designs Private LimitedSwati Bajaj is a mutual person
- S.B.Endeavours And Learnings Private Limited
Swati Bajaj is a mutual person
Vikriti Power LimitedRajendra Ritolia is a mutual person
Ovobel Foods LimitedRakhi Bajoria is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2024 | Others | ₹45.00 Cr | Open |
| 31 Aug 2024 | Others | ₹559.00 Cr | Open |
| 12 Dec 2023 | Others | ₹559.00 Cr | Open |
| 30 Nov 2018 | Others | ₹13.30 Cr | Open |
| 29 Nov 2018 | Others | ₹1.78 Cr | Open |
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.
Deals i
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
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
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.
- Annual General Meeting
Jai Balaji Industries Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 559.00 Cr with Charge ID 100980129 was registered on 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 8 months 15 days .
- Balance Sheet
Jai Balaji Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge registered on 24 Apr 2015 via Charge ID 10567452 with Others was fully satisfied on 15 Feb 2024.
Recent News, Updates & Announcement
- Jai Balaji Industries to invest Rs 1,000 crore in Bengal’s Durgapur.
The Company, Which Was Once Reeling Under Financial Stress With A Peak Debt Of Rs 3,400 Crore, Is Now Aiming To Be Net Debt Free In 18 Months. It Will Depend On Internal Accruals For The Ongoing Phase Of Investment.
Frequently asked questions
What is the Incorporation or founding date of Jai Balaji Industries Limited?
Jai Balaji Industries Limited was incorporated on 01 Jul 1999.
What is authorized share capital and paid-up capital of Jai Balaji Industries Limited?
The authorized share capital of Jai Balaji Industries Limited is ₹ 189.00 Cr and paid-up capital is ₹ 182.45 Cr.
Who are the current board members & directors of Jai Balaji Industries Limited?
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
What is the registered address of Jai Balaji Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jai Balaji Industries Limited is 5, Bentinck Street India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Jai Balaji Industries Limited?
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).
Is Jai Balaji Industries Limited registered with any stock exchange in India?
Yes, Jai Balaji Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JAIBALAJI.
What is the official website of Jai Balaji Industries Limited?
The Official website of Jai Balaji Industries Limited is https://www.jaibalajigroup.com
What has been the recent revenue trend for Jai Balaji Industries Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Jai Balaji Industries Limited has risen by 67.15%.
How many employees does Jai Balaji Industries Limited currently have?
As Per 2022 financial reports, 507 employees are currently employed by Jai Balaji Industries Limited.
What change has been observed in the net worth of Jai Balaji Industries Limited, and by what percentage?
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%.
What are the total open charges for Jai Balaji Industries Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Jai Balaji Industries Limited amount to ₹ 1,219.46 Cr.
When was the last Balance Sheet of Jai Balaji Industries Limited filed with the ROC?
The most recent Balance Sheet for Jai Balaji Industries Limited was filed with the ROC on 31 Mar 2024.
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