Jer Ring Gears Private Limited

Manufactures gearboxes, shafts, and allied products for various clients in India.

1984 | Bangaluru, Karnataka (India) | Active
Last Updated: December 31, 2024

Jer Ring Gears Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.48 M
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.46 Cr
  • Satisfied Charges ₹ 3.40 M
  • Revenue Growth -50.47%
  • Profit Growth -16.79%
  • Ebitda -24.11%
  • Net Worth -39.20%
  • Total Assets -78.85%

About Jer Ring Gears

Jer Ring Gears Private Limited (JRGPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 January 1984 and has a history of 41 years and one month. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.48 M.

The company currently has active open charges totaling ₹1.46 Cr. The company has closed loans amounting to ₹3.40 M, as per Ministry of Corporate Affairs (MCA) records.

Sunanda Devarinti and Rajareddy Devarinti serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29230KA1984PTC005817

  • Company No.

    005817

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Jer Ring Gears?

Board Members (2)

NameDesignationAppointment DateStatus
Sunanda Devarinti Country flag representing In Director 26-Apr-2014Current
Rajareddy Devarinti Country flag representing In Director 26-Apr-2014Current

Financial Performance of Jer Ring Gears.

Jer Ring Gears Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.47% decrease. The company also saw a substantial fall in profitability, with a 16.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.2%.

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
-50.47%
Revenue from Operations
-51.54%
Total Assets
-78.85%
Profit or Loss
-16.79%
Net Worth
-39.20%
EBITDA
-24.11%

What is the Ownership and Shareholding Structure of Jer Ring Gears?

Unlock access to Jer Ring Gears's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.64 M

Satisfied Charges

₹3.40 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.28 Cr
  • Small Industries Development Bank Of India : 0.11 Cr
  • Electronica Finance Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2011Electronica Finance Limited₹0.76 MOpen
28 Apr 2011Small Industries Development Bank Of India₹1.08 MOpen
23 Feb 2007Canara Bank₹1.28 CrOpen
22 Apr 2002State Bank Of India₹0.40 MSatisfied
13 Nov 1995State Bank Of India₹3.00 MSatisfied

How Many Employees Work at Jer Ring Gears?

Jer Ring Gears has a workforce of 10 employees as of Apr 01, 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 Jer Ring Gears, 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 Jer Ring Gears'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 Jer Ring Gears

Recent activity within the organization

  • Annual General Meeting

    Jer Ring Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Jer Ring Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 12.80 M registered on 23 Feb 2007 with Charge ID 10040771 was modified on 11 Jun 2020.

    11 Jun 2020

  • Director Appointment

    Sunanda Devarinti was appointed as a Director was appointed as a Director on 26 Apr 2014 & has been associated with this company since 10 years 9 months .

    26 Apr 2014

  • Director Appointment

    Rajareddy Devarinti was appointed as a Director was appointed as a Director on 26 Apr 2014 & has been associated with this company since 10 years 9 months .

    26 Apr 2014

  • Charges

    A charge with Electronica Finance Limited amounted to Rs. 0.76 M with Charge ID 10289341 was registered on 21 May 2011.

    21 May 2011

Frequently asked questions

  • Jer Ring Gears Private Limited was incorporated on 17 Jan 1984.

  • The authorized share capital of Jer Ring Gears Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.48 M.

  • Currently 2 directors are associated with Jer Ring Gears Private Limited.

    • Sunanda Devarinti
    • Rajareddy Devarinti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jer Ring Gears Private Limited is 30-A2 Kiadb Industrial Area Pillagumpe, Hoskote Taluk India, Bangalroe, Karnataka, 562114.

  • The corporate identification number (CIN) of Jer Ring Gears Private Limited is U29230KA1984PTC005817 and the company number is 005817 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jer Ring Gears Private Limited has fallen by -50.47%.

  • As Per 2023 financial reports, 10 employees are currently employed by Jer Ring Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jer Ring Gears Private Limited has experienced an downturn of -39.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jer Ring Gears Private Limited amount to ₹ 1.46 Cr.

  • The most recent Balance Sheet for Jer Ring Gears Private Limited was filed with the ROC on 31 Mar 2024.

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