Jai Parvati Forge Limited

Manufacturer and supplier of forging parts for various industries, with ISO certification and reputable clientele.

2004 | Mohali, Punjab (India) | Active
Last Updated: July 05, 2024

Jai Parvati Forge Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.90 Cr
  • Company Age 21 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 161.96 Cr
  • Satisfied Charges ₹ 14.50 Cr
  • Revenue Growth 45.67%
  • Profit Growth 58.16%
  • Ebitda 52.72%
  • Net Worth 33.49%
  • Total Assets 31.49%

About Jai Parvati Forge

Jai Parvati Forge Limited (JPFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 January 2004 and has a history of 21 years. Its registered office is in Mohali, Punjab, India.

The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 4.90 Cr.

The company currently has active open charges totaling ₹161.96 Cr. The company has closed loans amounting to ₹14.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arshdeep Kaur, Vineet Chauhan, Virat Chauhan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910PB2004PLC050418

  • Company No.

    050418

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Jai Parvati Forge?

Executive Team (1)

Name Designation Appointment Date Status
Sahender Chauhan Country flag representing In Managing Director 23-Jan-2004 Current

Board Members (5)

Name Designation Appointment Date Status
Arshdeep Kaur Country flag representing In Additional Director 25-Dec-2023 Current
Vineet Chauhan Country flag representing In Whole-Time Director 16-Mar-2007 Current
Virat Chauhan Country flag representing In Whole-Time Director 26-Jun-2020 Current
Varinder Kanda Country flag representing In Director 22-Mar-2017 Current
Narender Singh Country flag representing In Whole-Time Director 10-May-2017 Current

Financial Performance of Jai Parvati Forge.

Jai Parvati Forge Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.67% increase. The company also saw a substantial improvement in profitability, with a 58.16% increase in profit. The company's net worth Soared by an impressive increase of 33.49%.

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
45.67%
Revenue from Operations
45.71%
Total Assets
31.49%
Profit or Loss
58.16%
Net Worth
33.49%
EBITDA
52.72%

What is the Ownership and Shareholding Structure of Jai Parvati Forge?

In 2023, Jai Parvati Forge had a promoter holding of 89.49% and a public holding of 10.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹161.96 Cr

Satisfied Charges

₹14.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 116.78 Cr
  • Others : 33.97 Cr
  • Hdfc Bank Limited : 11.21 Cr

Latest Charge Details

Date Lender Amount Status
08 Dec 2023 Hdfc Bank Limited ₹0.63 M Open
23 Aug 2023 Hdfc Bank Limited ₹1.40 M Open
26 Apr 2023 Others ₹0.39 M Open
26 Apr 2023 Others ₹0.38 M Open
26 Apr 2023 Others ₹0.38 M Open

How Many Employees Work at Jai Parvati Forge?

Jai Parvati Forge has a workforce of 913 employees as of Apr 06, 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 Parvati Forge, 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 Parvati Forge'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 Parvati Forge

Recent activity within the organization

  • Director Appointment

    Arshdeep Kaur was appointed as a Additional Director was appointed as a Additional Director on 25 Dec 2023 & has been associated with this company since 1 year 1 month .

    25 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100851647 was registered on 08 Dec 2023.

    08 Dec 2023

  • Annual General Meeting

    Jai Parvati Forge 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 of Rs. 30.11 Cr registered on 09 Aug 2021 with Charge ID 100485443 was modified on 28 Aug 2023.

    28 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100774563 was registered on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge with Others of Rs. 3.75 Cr registered on 24 Aug 2018 with Charge ID 100217227 was modified on 27 May 2023.

    27 May 2023

Frequently asked questions

  • Jai Parvati Forge Limited was incorporated on 23 Jan 2004.

  • The authorized share capital of Jai Parvati Forge Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.90 Cr.

  • Currently 6 directors are associated with Jai Parvati Forge Limited.

    • Arshdeep Kaur
    • Vineet Chauhan
    • Virat Chauhan
    • Varinder Kanda
    • Sahender Singh Chauhan
    • Narender Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jai Parvati Forge Limited is Village Bhagwanpur Barwala Road Tehsil Dera Bassi District Sas Nagar, Mohali, Punjab, India, 140507.

  • The corporate identification number (CIN) of Jai Parvati Forge Limited is U28910PB2004PLC050418 and the company number is 050418 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jai Parvati Forge Limited is https://www.jaiparvatiforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jai Parvati Forge Limited has risen by 45.67%.

  • As Per 2023 financial reports, 913 employees are currently employed by Jai Parvati Forge Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jai Parvati Forge Limited has experienced an upsurge of 33.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jai Parvati Forge Limited amount to ₹ 161.96 Cr.

  • The most recent Balance Sheet for Jai Parvati Forge Limited was filed with the ROC on 31 Mar 2023.

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