Jay Formulations Profile
Key Indicators
- Authorised Capital ₹ 3.05 Cr
- Paid Up Capital ₹ 2.04 Cr
- Company Age 36 Year, 10 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 73.81 Cr
- Satisfied Charges ₹ 1.30 M
- Revenue Growth 10.63%
- Profit Growth -1694.28%
- Ebitda -326.73%
- Net Worth -115.25%
- Total Assets -5.77%
About Jay Formulations
Jay Formulations Ltd (JFL) is Under Cirp company established on 15 Jun 1988 with its office registered at Ahmedabad, Gujarat, India and has been running since 36 Year, 10 Months with a paid up capital of 2.04 Cr. According to MCA records, 3 Directors are linked to this company as of 01 Mar 2025.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17119GJ1988PLC010855
- Company No.
010855
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Jun 1988
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Pharma
Jay Formulations Ltd
Explore comprehensive data for Jay Formulations Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Jay Formulations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakshit Patel  | Managing Director | 19-Jan-2003 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aarjav Patel | Director | 24-Jun-2014 | Current |
| Komal Patel | Director | 24-Jun-2014 | Current |
Financial Performance of Jay Formulations.
Jay Formulations Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 10.63% increase. The company also saw a substantial fall in profitability, with a 1694.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 115.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Jay Formulations?
In 2019, Jay Formulations had a promoter holding of 58.96% and a public holding of 41.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ace Learning And Counseling Private LimitedRakshit Patel is a mutual person
Charges (Loans)
Open Charges
₹73.81 Cr
Satisfied Charges
₹0.13 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 63.00 Cr
- Sidbi : 7.80 Cr
- Tata Capital Financial Services Limited : 1.24 Cr
- The State Bank Of India : 0.89 Cr
- Others : 0.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2021 | Sidbi | ₹2.80 Cr | Open |
| 02 Jan 2021 | Tata Capital Financial Services Limited | ₹1.24 Cr | Open |
| 08 Sep 2020 | Others | ₹1.25 M | Open |
| 30 Jul 2020 | Others | ₹1.24 M | Open |
| 24 Jul 2020 | Sidbi | ₹2.80 Cr | Open |
How Many Employees Work at Jay Formulations?
Unlock and access historical data on people associated with Jay Formulations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jay Formulations, 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 Formulations's trajectory.
Rating
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
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 Formulations
Recent activity within the organization
- Annual General Meeting
Jay Formulations Ltd last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
- Balance Sheet
Jay Formulations Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
- Charges
A charge with Sidbi amounted to Rs. 2.80 Cr with Charge ID 100406695 was registered on 08 Jan 2021.
- Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 1.24 Cr with Charge ID 100411118 was registered on 02 Jan 2021.
- Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100408793 was registered on 08 Sep 2020.
- Charges
A charge with State Bank Of India of Rs. 60.85 Cr registered on 29 Mar 2001 with Charge ID 90111563 was modified on 14 Aug 2020.
Frequently asked questions
What is the Incorporation or founding date of Jay Formulations Ltd?
Jay Formulations Ltd was incorporated on 15 Jun 1988.
What is authorized share capital and paid-up capital of Jay Formulations Ltd?
The authorized share capital of Jay Formulations Ltd is ₹ 3.05 Cr and paid-up capital is ₹ 2.04 Cr.
Who are the current board members & directors of Jay Formulations Ltd?
Currently 3 directors are associated with Jay Formulations Ltd.
- Rakshit Ashwinbhai Patel
- Aarjav Maheshbhai Patel
- Komal Rakshit Patel
What is the registered address of Jay Formulations Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Jay Formulations Ltd is 13 First Floor Harikrishnacomplex B/H Dipalee Cinema Ashram Road India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Jay Formulations Ltd?
The corporate identification number (CIN) of Jay Formulations Ltd is U17119GJ1988PLC010855 and the company number is 010855 as per Ministry of Corporate Affairs (MCA).
What is the official website of Jay Formulations Ltd?
The Official website of Jay Formulations Ltd is https://www.jayformulations.in
What has been the recent revenue trend for Jay Formulations Ltd?
According to the financial reports for the fiscal year 2021, the revenue trend for Jay Formulations Ltd has risen by 10.63%.
What change has been observed in the net worth of Jay Formulations Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Jay Formulations Ltd has experienced an downturn of -115.25%.
What are the total open charges for Jay Formulations Ltd?
As per the financial statements for fiscal Year 2021, The total open charges for Jay Formulations Ltd amount to ₹ 73.81 Cr.
When was the last Balance Sheet of Jay Formulations Ltd filed with the ROC?
The most recent Balance Sheet for Jay Formulations Ltd was filed with the ROC on 31 Mar 2021.
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