Jay Bharat Spices Private Limited

Procures and grinds whole spices into powder, sells under 'Bharat' brand, offers dry pasta, and has online sales.

2003 | Cuttack, Orissa (India) | Active
Last Updated: July 06, 2024

Jay Bharat Spices Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.64 M
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 77.85 Cr
  • Satisfied Charges ₹ 194.25 Cr
  • Revenue Growth 20.60%
  • Profit Growth 38.89%
  • Ebitda 8.02%
  • Net Worth 14.67%
  • Total Assets 10.62%

About Jay Bharat Spices

Jay Bharat Spices Private Limited (JBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2003 and has a history of 21 years and five months. Its registered office is in Cuttack, Orissa, India.

The Company is engaged in the Food And Beverages 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 2.00 Cr and a paid-up capital of Rs 6.64 M.

The company currently has active open charges totaling ₹77.85 Cr. The company has closed loans amounting to ₹194.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surendra Nath, Namita Panda, Diganta Panda, and Three other members serve as directors at the Company.

Company Details

  • Location

    Cuttack, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bharatmasala.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51225OR2003PTC007311

  • Company No.

    007311

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Food and Beverages

What products or services does Jay Bharat Spices Private Limited offer?

Jay Bharat Spices Private Limited offers a wide range of products and services, including Masala Powder, Jeera Powder, Cooking Spices and Masala, Chilli Powder, Ready to Eat & Instant Food Mixes, Pasta & Soups, Ready to Eat Food, Dal Tadka, Vermicelli Pasta, Dhaniya.

Who are the key members and board of directors at Jay Bharat Spices?

Executive Team (1)

NameDesignationAppointment DateStatus
Susanta Panda Country flag representing In Managing Director12-Sep-2003Current

Financial Performance of Jay Bharat Spices.

Jay Bharat Spices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.6% increase. The company also saw a substantial improvement in profitability, with a 38.89% increase in profit. The company's net worth Soared by an impressive increase of 14.67%.

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
20.60%
Revenue from Operations
20.27%
Total Assets
10.62%
Profit or Loss
38.89%
Net Worth
14.67%
EBITDA
8.02%

What is the Ownership and Shareholding Structure of Jay Bharat Spices?

In 2023, Jay Bharat Spices had a promoter holding of 18.09% and a public holding of 81.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹77.85 Cr

Satisfied Charges

₹194.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 68.40 Cr
  • Sidbi : 9.45 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2023Others₹68.40 CrOpen
23 Mar 2021Sidbi₹8.00 MOpen
30 Jun 2020Sidbi₹4.65 CrOpen
21 Dec 2018Sidbi₹4.00 CrOpen
25 Aug 2021Axis Bank Limited₹74.15 CrSatisfied

How Many Employees Work at Jay Bharat Spices?

Jay Bharat Spices has a workforce of 371 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 Jay Bharat Spices, 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 Jay Bharat Spices'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 Jay Bharat Spices

Recent activity within the organization

  • Annual General Meeting

    Jay Bharat Spices 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 registered on 25 Aug 2021 via Charge ID 100473752 with Axis Bank Limited was fully satisfied on 10 Aug 2023.

    10 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 68.40 Cr with Charge ID 100713656 was registered on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

    Jay Bharat Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 74.15 Cr registered on 25 Aug 2021 with Charge ID 100473752 was modified on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge registered on 29 Mar 2018 via Charge ID 100194860 with Others was fully satisfied on 05 Nov 2021.

    05 Nov 2021

Frequently asked questions

  • What is the Incorporation or founding date of Jay Bharat Spices Private Limited?

    Jay Bharat Spices Private Limited was incorporated on 12 Sep 2003.

  • What is authorized share capital and paid-up capital of Jay Bharat Spices Private Limited?

    The authorized share capital of Jay Bharat Spices Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 6.64 M.

  • Who are the current board members & directors of Jay Bharat Spices Private Limited?

    Currently 6 directors are associated with Jay Bharat Spices Private Limited.

    • Surendra Panda Nath
    • Namita Panda
    • Diganta Kumar Panda
    • Susanta Kumar Panda
    • Nandita Panda
    • Srimanta Kumar Panda
  • What is the registered address of Jay Bharat Spices Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jay Bharat Spices Private Limited is Imam Nagarrnear Khaira Bridge Jagatpur, Cuttack, Orissa, India, 754200.

  • What is the corporate identification number (CIN) and company number of Jay Bharat Spices Private Limited?

    The corporate identification number (CIN) of Jay Bharat Spices Private Limited is U51225OR2003PTC007311 and the company number is 007311 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Jay Bharat Spices Private Limited?

    The Official website of Jay Bharat Spices Private Limited is https://www.bharatmasala.in

  • What has been the recent revenue trend for Jay Bharat Spices Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Jay Bharat Spices Private Limited has risen by 20.60%.

  • How many employees does Jay Bharat Spices Private Limited currently have?

    As Per 2023 financial reports, 371 employees are currently employed by Jay Bharat Spices Private Limited.

  • What change has been observed in the net worth of Jay Bharat Spices Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Jay Bharat Spices Private Limited has experienced an upsurge of 14.67%.

  • What are the total open charges for Jay Bharat Spices Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Jay Bharat Spices Private Limited amount to ₹ 77.85 Cr.

  • When was the last Balance Sheet of Jay Bharat Spices Private Limited filed with the ROC?

    The most recent Balance Sheet for Jay Bharat Spices Private Limited was filed with the ROC on 31 Mar 2023.