Jai Balaji Jyoti Steels Limited

Manufacturer of DRI and MS billets with large production capacity, located in Orissa.

2003 | Sundergarh, Odisha (India) | Active
Last Updated: November 15, 2024

Jai Balaji Jyoti Steels Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 55.75 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 320.23 Cr
  • Satisfied Charges ₹ 262.57 Cr
  • Revenue Growth 0.74%
  • Profit Growth -68.03%
  • Ebitda -28.85%
  • Net Worth 17.25%
  • Total Assets 21.71%

About Jai Balaji Jyoti Steels

Jai Balaji Jyoti Steels Limited (JBJSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 2003 and has a history of 21 years and ten months. Its registered office is in Sundergarh, Odisha, India.

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 80.00 Cr and a paid-up capital of Rs 55.75 Cr.

The company currently has active open charges totaling ₹320.23 Cr. The company has closed loans amounting to ₹262.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jai Balaji Jyoti Steels Limited India are Sankarsan Mohapatra as CFO and Minu Agarwal as Company Secretary. Aditya Jajodia, Aashish Jajodia, Sanjay Ladia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jaibalajigroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2003PLC007119

  • Company No.

    007119

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

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

Executive Team (3)

NameDesignationAppointment DateStatus
Aashish Jajodia Country flag representing In Managing Director01-Jun-2022Current
Sankarsan Mohapatra Country flag representing In CFO28-Oct-2015Current
Minu Agarwal Country flag representing In Company Secretary08-Oct-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Aditya Jajodia Country flag representing In Director 13-Apr-2004Current
Sanjay Ladia Country flag representing In Director 15-Nov-2012Current
Lalit Sarawagi Country flag representing In Director 10-May-2021Current
Ruma Bose Country flag representing In Director 30-Mar-2019Current
Chanchal Bhattacharya Country flag representing In Director 04-Apr-2024Current

Financial Performance of Jai Balaji Jyoti Steels.

Jai Balaji Jyoti Steels Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.74% increase. The company also saw a substantial fall in profitability, with a 68.03% decrease in profit. The company's net worth Soared by an impressive increase of 17.25%.

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
0.74%
Revenue from Operations
2.81%
Total Assets
21.71%
Profit or Loss
-68.03%
Net Worth
17.25%
EBITDA
-28.85%

What is the Ownership and Shareholding Structure of Jai Balaji Jyoti Steels?

In 2023, Jai Balaji Jyoti Steels had a promoter holding of 41.76% and a public holding of 58.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹320.23 Cr

Satisfied Charges

₹262.57 Cr

Charges Breakdown by Lending Institutions

  • United Bank Of India : 222.98 Cr
  • Others : 74.75 Cr
  • Union Bank Of India : 22.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2024Others₹17.97 CrOpen
28 Jan 2010Others₹56.78 CrOpen
26 Dec 2008United Bank Of India₹40.00 CrOpen
27 Aug 2008United Bank Of India₹182.98 CrOpen
29 Sep 2004Union Bank Of India₹22.50 CrOpen

How Many Employees Work at Jai Balaji Jyoti Steels?

Jai Balaji Jyoti Steels has a workforce of 282 employees as of Mar 31, 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 Jyoti 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 Jai Balaji Jyoti 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 Jai Balaji Jyoti Steels

Recent activity within the organization

  • Director Appointment

    Minu Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 08 Oct 2024 & has been associated with this company since 4 months 14 days .

    08 Oct 2024

  • Annual General Meeting

    Jai Balaji Jyoti Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Chanchal Bhattacharya was appointed as a Director was appointed as a Director on 04 Apr 2024 & has been associated with this company since 10 months 17 days .

    04 Apr 2024

  • Balance Sheet

    Jai Balaji Jyoti Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 17.97 Cr with Charge ID 100910201 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge registered on 03 Oct 2016 via Charge ID 100071077 with Others was fully satisfied on 14 Jul 2021.

    14 Jul 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Jai Balaji Jyoti Steels Limited was incorporated on 21 Apr 2003.

  • The authorized share capital of Jai Balaji Jyoti Steels Limited is ₹ 80.00 Cr and paid-up capital is ₹ 55.75 Cr.

  • Currently 8 directors are associated with Jai Balaji Jyoti Steels Limited.

    • Aditya Jajodia
    • Aashish Jajodia
    • Sanjay Kumar Ladia
    • Lalit Kumar Sarawagi
    • Ruma Bose
    • Chanchal Bhattacharya
    • Sankarsan Mohapatra
    • Minu Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jai Balaji Jyoti Steels Limited is Unitech House Udit Nagar India, Rourkela, Orissa, 769012.

  • The corporate identification number (CIN) of Jai Balaji Jyoti Steels Limited is U27102OR2003PLC007119 and the company number is 007119 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jai Balaji Jyoti Steels Limited has risen by 0.74%.

  • As Per 2023 financial reports, 282 employees are currently employed by Jai Balaji Jyoti Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jai Balaji Jyoti Steels Limited has experienced an upsurge of 17.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jai Balaji Jyoti Steels Limited amount to ₹ 320.23 Cr.

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

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