Jai Balaji Jyoti Steels Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 55.75 Cr
- Company Age 21 Year, 11 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 11 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aashish Jajodia  | Managing Director | 01-Jun-2022 | Current |
| Sankarsan Mohapatra | CFO | 28-Oct-2015 | Current |
| Minu Agarwal | Company Secretary | 08-Oct-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aditya Jajodia | Director | 13-Apr-2004 | Current |
| Sanjay Ladia | Director | 15-Nov-2012 | Current |
| Lalit Sarawagi | Director | 10-May-2021 | Current |
| Ruma Bose | Director | 30-Mar-2019 | Current |
| Chanchal Bhattacharya | Director | 04-Apr-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Jai Balaji Industries Limited
Aditya Jajodia is a mutual person
- Jai Balaji Shakti Cement Limited
Aditya Jajodia is a mutual person
- Shri Sarvasarai Balaji Steels Limited
Aditya Jajodia is a mutual person
- Jai Balaji Vyavasay Private Limited
Aditya Jajodia is a mutual person
- Jai Balaji Infotech Private Limited
Lalit Sarawagi is a mutual person
Shri Keshrinandan Trade Private LimitedAditya Jajodia is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Others | ₹17.97 Cr | Open |
| 28 Jan 2010 | Others | ₹56.78 Cr | Open |
| 26 Dec 2008 | United Bank Of India | ₹40.00 Cr | Open |
| 27 Aug 2008 | United Bank Of India | ₹182.98 Cr | Open |
| 29 Sep 2004 | Union Bank Of India | ₹22.50 Cr | Open |
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.
Deals i
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
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 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 5 months 20 days .
- 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.
- 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 11 months 24 days .
- Balance Sheet
Jai Balaji Jyoti Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- Charges
A charge with Others amounted to Rs. 17.97 Cr with Charge ID 100910201 was registered on 26 Mar 2024.
- Charges
A charge registered on 03 Oct 2016 via Charge ID 100071077 with Others was fully satisfied on 14 Jul 2021.
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 Jyoti Steels Limited?
Jai Balaji Jyoti Steels Limited was incorporated on 21 Apr 2003.
What is authorized share capital and paid-up capital of Jai Balaji Jyoti Steels Limited?
The authorized share capital of Jai Balaji Jyoti Steels Limited is ₹ 80.00 Cr and paid-up capital is ₹ 55.75 Cr.
Who are the current board members & directors of Jai Balaji Jyoti Steels Limited?
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
What is the registered address of Jai Balaji Jyoti Steels Limited?
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.
What is the corporate identification number (CIN) and company number of Jai Balaji Jyoti Steels Limited?
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).
What is the official website of Jai Balaji Jyoti Steels Limited?
The Official website of Jai Balaji Jyoti Steels Limited is https://www.jaibalajigroup.com
What has been the recent revenue trend for Jai Balaji Jyoti Steels Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Jai Balaji Jyoti Steels Limited has risen by 0.74%.
How many employees does Jai Balaji Jyoti Steels Limited currently have?
As Per 2023 financial reports, 282 employees are currently employed by Jai Balaji Jyoti Steels Limited.
What change has been observed in the net worth of Jai Balaji Jyoti Steels Limited, and by what percentage?
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%.
What are the total open charges for Jai Balaji Jyoti Steels Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Jai Balaji Jyoti Steels Limited amount to ₹ 320.23 Cr.
When was the last Balance Sheet of Jai Balaji Jyoti Steels Limited filed with the ROC?
The most recent Balance Sheet for Jai Balaji Jyoti Steels Limited was filed with the ROC on 31 Mar 2024.
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