Jai Mangla Sponge Iron Private Limited

Produces sponge iron at a plant in Jharkhand with a capacity of 60,000 MTPA.

2000 | Patna, Bihar (India) | Active
Last Updated: December 27, 2024

Jai Mangla Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 23.35 Cr
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.18 Cr
  • Satisfied Charges ₹ 49.19 Cr
  • Revenue Growth 80.33%
  • Profit Growth 48.95%
  • Ebitda -83.25%
  • Net Worth 9.75%
  • Total Assets 15.38%

About Jai Mangla Sponge Iron

Jai Mangla Sponge Iron Private Limited (JMSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2000 and has a history of 24 years and nine months. Its registered office is in Patna, Bihar, 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 2023. It's a company limited by shares with an authorized capital of Rs 24.00 Cr and a paid-up capital of Rs 23.35 Cr.

The company currently has active open charges totaling ₹50.18 Cr. The company has closed loans amounting to ₹49.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jai Mangla Sponge Iron Private Limited India is Yashika Poddar as COMPANY SECRETARY. Chandan Mittal, Nitin Bhalotia, and Mohit Poddar serve as directors at the Company.

Company Details

  • Location

    Patna, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102BR2000PTC009295

  • Company No.

    009295

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Metals and Minerals

Who are the key members and board of directors at Jai Mangla Sponge Iron?

Executive Team (1)

NameDesignationAppointment DateStatus
Yashika Poddar Company Secretary01-Sep-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Chandan Mittal Country flag representing In Director 03-Sep-2019Current
Nitin Bhalotia Country flag representing In Director 03-Sep-2019Current
Mohit Poddar Country flag representing In Director 03-Sep-2019Current

Financial Performance of Jai Mangla Sponge Iron.

Jai Mangla Sponge Iron Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 80.33% increase. The company also saw a substantial improvement in profitability, with a 48.95% increase in profit. The company's net worth moved up by a moderate rise of 9.75%.

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
80.33%
Revenue from Operations
78.44%
Total Assets
15.38%
Profit or Loss
48.95%
Net Worth
9.75%
EBITDA
-83.25%

What is the Ownership and Shareholding Structure of Jai Mangla Sponge Iron?

In 2022, Jai Mangla Sponge Iron had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.18 Cr

Satisfied Charges

₹49.19 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 40.00 Cr
  • Hdfc Bank Limited : 4.31 Cr
  • Hdb Financial Services Limited : 2.95 Cr
  • Others : 2.92 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024State Bank Of India₹40.00 CrOpen
05 Sep 2023Others₹1.88 CrOpen
01 Aug 2023Hdb Financial Services Limited₹2.95 CrOpen
25 Nov 2022Hdfc Bank Limited₹7.80 MOpen
27 Sep 2022Hdfc Bank Limited₹3.53 CrOpen

How Many Employees Work at Jai Mangla Sponge Iron?

Jai Mangla Sponge Iron has a workforce of 53 employees as of Apr 07, 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 Mangla Sponge Iron, 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 Mangla Sponge Iron'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 Mangla Sponge Iron

Recent activity within the organization

  • Charges

    A charge registered on 11 Feb 2022 via Charge ID 100535579 with Others was fully satisfied on 16 Mar 2024.

    16 Mar 2024

  • Charges

    A charge registered on 16 Mar 2020 via Charge ID 100335552 with Others was fully satisfied on 16 Mar 2024.

    16 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 40.00 Cr with Charge ID 100888622 was registered on 31 Jan 2024.

    31 Jan 2024

  • Annual General Meeting

    Jai Mangla Sponge Iron Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.88 Cr with Charge ID 100783528 was registered on 05 Sep 2023.

    05 Sep 2023

  • Charges

    A charge with Hdb Financial Services Limited amounted to Rs. 2.95 Cr with Charge ID 100768798 was registered on 01 Aug 2023.

    01 Aug 2023

Frequently asked questions

  • Jai Mangla Sponge Iron Private Limited was incorporated on 16 May 2000.

  • The authorized share capital of Jai Mangla Sponge Iron Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 23.35 Cr.

  • Currently 4 directors are associated with Jai Mangla Sponge Iron Private Limited.

    • Chandan Mittal
    • Nitin Bhalotia
    • Mohit Kumar Poddar
    • Yashika Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jai Mangla Sponge Iron Private Limited is B-32, Jagat Amarwati Appartment Baily Road India, Patna, Bihar, 800001.

  • The corporate identification number (CIN) of Jai Mangla Sponge Iron Private Limited is U27102BR2000PTC009295 and the company number is 009295 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Jai Mangla Sponge Iron Private Limited has risen by 80.33%.

  • As Per 2022 financial reports, 53 employees are currently employed by Jai Mangla Sponge Iron Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jai Mangla Sponge Iron Private Limited has experienced an upsurge of 9.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Jai Mangla Sponge Iron Private Limited amount to ₹ 50.18 Cr.

  • The most recent Balance Sheet for Jai Mangla Sponge Iron Private Limited was filed with the ROC on 31 Mar 2023.

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