Jasubhai Engineering Private Limited

Manufactures instrumentation products, packaging machines, and combustion systems for various industries.

1979 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 12, 2024

Jasubhai Engineering Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 3.80 M
  • Company Age 46 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.40 Cr
  • Satisfied Charges ₹ 37.48 Cr
  • Revenue Growth 18.32%
  • Profit Growth -1.09%
  • Ebitda -44.47%
  • Net Worth 222.82%
  • Total Assets 145.97%

About Jasubhai Engineering

Jasubhai Engineering Private Limited (JEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 January 1979 and has a history of 46 years. Its registered office is in Ahmedabad, Gujarat.

The Corporate was formerly known as Progressive Fittings Private Limited. The Company is engaged in the Machinery And Equipment 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 11.00 Cr and a paid-up capital of Rs 3.80 M.

The company currently has active open charges totaling ₹49.40 Cr. The company has closed loans amounting to ₹37.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maulik Shah, Rustom Jal, Ira Shah, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1979PTC003277

  • Company No.

    003277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 1979

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Engineering

What products or services does Jasubhai Engineering Private Limited offer?

Jasubhai Engineering Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Graphic Design & Animation Services, Designing Services, Environment Protection & Auditing, Environment Protection Services, Engineering Solution, Machine Parts, Steel Metal Components, Die Casting.

Who are the key members and board of directors at Jasubhai Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Maulik Shah Country flag representing In Managing Director 03-Sep-2001 Current

Board Members (3)

Name Designation Appointment Date Status
Rustom Jal Country flag representing In Director 20-May-2016 Current
Ira Shah Country flag representing In Director 15-Jan-2016 Current
Hariharan Raman Country flag representing In Whole-Time Director 10-May-2024 Current

Financial Performance of Jasubhai Engineering.

Jasubhai Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.32% increase. The company also saw a slight decrease in profitability, with a 1.09% decrease in profit. The company's net worth Soared by an impressive increase of 222.82%.

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
18.32%
Revenue from Operations
9.77%
Total Assets
145.97%
Profit or Loss
-1.09%
Net Worth
222.82%
EBITDA
-44.47%

What is the Ownership and Shareholding Structure of Jasubhai Engineering?

In 2023, Jasubhai Engineering had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.40 Cr

Satisfied Charges

₹37.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.20 Cr
  • Axis Bank Limited : 6.00 Cr
  • State Bank Of India : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2023 Others ₹43.20 Cr Open
31 Aug 2016 Axis Bank Limited ₹6.00 Cr Open
05 Jan 1999 State Bank Of India ₹2.00 M Open
18 Jun 2021 Others ₹1.50 Cr Satisfied
25 Jan 2018 Citi Bank N.A. ₹3.52 Cr Satisfied

How Many Employees Work at Jasubhai Engineering?

Jasubhai Engineering has a workforce of 442 employees as of Nov 12, 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 Jasubhai Engineering, 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 Jasubhai Engineering'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 Jasubhai Engineering

Recent activity within the organization

  • Charges

    A charge registered on 18 Jun 2021 via Charge ID 100453620 with Others was fully satisfied on 22 Oct 2024.

    22 Oct 2024

  • Charges

    A charge with Others of Rs. 43.20 Cr registered on 16 May 2023 with Charge ID 100726661 was modified on 30 Jul 2024.

    30 Jul 2024

  • Director Appointment

    Hariharan Raman was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 May 2024 & has been associated with this company since 8 months 25 days .

    10 May 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 6.00 Cr registered on 31 Aug 2016 with Charge ID 100053063 was modified on 30 Apr 2024.

    30 Apr 2024

  • Annual General Meeting

    Jasubhai Engineering Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge registered on 04 Jul 1997 via Charge ID 90315870 with Others was fully satisfied on 25 Aug 2023.

    25 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Jasubhai Engineering Private Limited was incorporated on 25 Jan 1979.

  • The authorized share capital of Jasubhai Engineering Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 3.80 M.

  • Currently 4 directors are associated with Jasubhai Engineering Private Limited.

    • Maulik Jasubhai Shah
    • Rustom Vakil Jal
    • Ira Maulik Shah
    • Hariharan Raman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jasubhai Engineering Private Limited is 64A Gidc Industrial Areavatva India, Ahmedabad, Gujarat.

  • The corporate identification number (CIN) of Jasubhai Engineering Private Limited is U27109GJ1979PTC003277 and the company number is 003277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jasubhai Engineering Private Limited is https://www.jasubhaiengineering.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jasubhai Engineering Private Limited has risen by 18.32%.

  • As Per 2023 financial reports, 442 employees are currently employed by Jasubhai Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jasubhai Engineering Private Limited has experienced an upsurge of 222.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jasubhai Engineering Private Limited amount to ₹ 49.40 Cr.

  • The most recent Balance Sheet for Jasubhai Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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