Jainex Limited

Trading cold-rolled steel strips, hardened and tempered steel strips, and various types of wires.

1972 | Mumbai, Maharashtra (India) | Active
Last Updated: January 06, 2025

Jainex Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 52 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.60 Cr
  • Satisfied Charges ₹ 20.80 Cr
  • Revenue Growth 35.62%
  • Profit Growth 31.16%
  • Ebitda 23.45%
  • Net Worth 20.29%
  • Total Assets 26.00%

About Jainex

Jainex Limited (JL) was founded in India on 18 July 1972 and has a glorious history of 52 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Jainex Agencies 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 10.00 Cr and a paid-up capital of Rs 8.00 Cr.

The company currently has active open charges totaling ₹6.60 Cr. The company has closed loans amounting to ₹20.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhagat Dugar, Pravin Vora, Rahul Dugar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1972PLC094147

  • Company No.

    094147

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1972

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Jainex Limited offer?

Jainex Limited offers a wide range of products and services, including Steel Strips, Wires, Steel Wire, Spring Steel Wire, Industrial Steel, High Carbon Steel, Metal and Alloy Wires, Metal Wire.

Who are the key members and board of directors at Jainex?

Executive Team (2)

Name Designation Appointment Date Status
Rahul Dugar Country flag representing In Managing Director 16-Apr-2004 Current
Mukarram Faizullabhoy Country flag representing In Managing Director 16-Apr-2004 Current

Board Members (7)

Name Designation Appointment Date Status
Bhagat Dugar Country flag representing In Whole-Time Director 23-Mar-1974 Current
Pravin Vora Country flag representing In Director 19-Dec-1996 Current
Faisal Siddiqui Country flag representing In Director 05-Apr-2019 Current
Sharmeen Siddiqui Country flag representing In Director 07-Oct-2022 Current
Mehlam Faizullabhoy Country flag representing In Director 18-May-2019 Current
Sunil Sampatraj Country flag representing In Director 05-Apr-2019 Current

Financial Performance of Jainex.

Jainex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.62% increase. The company also saw a substantial improvement in profitability, with a 31.16% increase in profit. The company's net worth Soared by an impressive increase of 20.29%.

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
35.62%
Revenue from Operations
35.36%
Total Assets
26.00%
Profit or Loss
31.16%
Net Worth
20.29%
EBITDA
23.45%

What is the Ownership and Shareholding Structure of Jainex?

In 2022, Jainex had a promoter holding of 48.75% and a public holding of 51.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.60 Cr

Satisfied Charges

₹20.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.60 Cr

Latest Charge Details

Date Lender Amount Status
20 Jun 2019 Others ₹6.60 Cr Open
03 Aug 2010 Bank Of Baroda ₹8.25 Cr Satisfied
18 Jun 2001 Bank Of Baroda ₹4.30 Cr Satisfied
11 Jun 2001 Bank Of Baroda ₹8.25 Cr Satisfied

How Many Employees Work at Jainex?

Jainex has a workforce of 112 employees as of Apr 09, 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 Jainex, 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 Jainex'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 Jainex

Recent activity within the organization

  • Annual General Meeting

    Jainex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Jainex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 6.60 Cr registered on 20 Jun 2019 with Charge ID 100276093 was modified on 21 Oct 2019.

    21 Oct 2019

  • Charges

    A charge registered on 03 Aug 2010 via Charge ID 10236394 with Bank Of Baroda was fully satisfied on 18 Sep 2019.

    18 Sep 2019

  • Charges

    A charge registered on 11 Jun 2001 via Charge ID 80023860 with Bank Of Baroda was fully satisfied on 18 Sep 2019.

    18 Sep 2019

  • Charges

    A charge with Others amounted to Rs. 6.60 Cr with Charge ID 100276093 was registered on 20 Jun 2019.

    20 Jun 2019

Frequently asked questions

  • Jainex Limited was incorporated on 18 Jul 1972.

  • The authorized share capital of Jainex Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.00 Cr.

  • Currently 9 directors are associated with Jainex Limited.

    • Bhagat Singh Dugar
    • Pravin Chimanlal Vora
    • Rahul Dugar
    • Mukarram Khozema Faizullabhoy
    • Faisal Zakaullah Siddiqui
    • Sharmeen Siddiqui
    • Mehlam Khozema Faizullabhoy
    • Sunil Parakh Sampatraj
    • Shabbir Tyebbhoy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jainex Limited is 405 406 Sharda Chambers 15 Sir Vithaldas Thackersey Marg, New Marin E Lines India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Jainex Limited is U51900MH1972PLC094147 and the company number is 094147 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jainex Limited is https://www.jainexgroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Jainex Limited has risen by 35.62%.

  • As Per 2022 financial reports, 112 employees are currently employed by Jainex Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jainex Limited has experienced an upsurge of 20.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Jainex Limited amount to ₹ 6.60 Cr.

  • The most recent Balance Sheet for Jainex Limited was filed with the ROC on 31 Mar 2024.

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