Jindal Medicot Limited

Manufacturer of medical textile products for healthcare and cosmetic sectors, using advanced machines.

2008 | Ludhiana, Punjab (India) | Under Insolvency
Last Updated: January 16, 2025

Jindal Medicot Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.40 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 99.77 Cr
  • Revenue Growth -96.88%
  • Profit Growth 32.69%
  • Ebitda 86.57%
  • Net Worth -6.21%
  • Total Assets -10.78%

About Jindal Medicot

Jindal Medicot Limited (JML) is Under Cirp company established on 27 May 2008 with its office registered at Ludhiana, Punjab, India and has been running since 16 Year, 8 Months with a paid up capital of 7.40 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sjgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100PB2008PLC031964

  • Company No.

    031964

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Healthcare

What products or services does Jindal Medicot Limited offer?

Jindal Medicot Limited offers a wide range of products and services, including Salon, Spa Kits & Equipments, Salon Consumables & Disposables.

Who are the key members and board of directors at Jindal Medicot?

Board Members (3)

NameDesignationAppointment DateStatus
Sandeep Jindal Country flag representing In Director 27-May-2008Current
Kartar Dhiman Country flag representing In Director 19-Dec-2011Current
Alisha Country flag representing In Director 24-Jun-2016Current

Financial Performance of Jindal Medicot.

Jindal Medicot Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.88% decrease. The company also saw a substantial improvement in profitability, with a 32.69% increase in profit. The company's net worth dipped by a decrease of 6.21%.

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
-96.88%
Revenue from Operations
Total Assets
-10.78%
Profit or Loss
32.69%
Net Worth
-6.21%
EBITDA
86.57%

What is the Ownership and Shareholding Structure of Jindal Medicot?

In 2023, Jindal Medicot had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹99.77 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 66.55 Cr
  • Bank Of Baroda : 18.52 Cr
  • Central Bank Of India : 10.70 Cr
  • Punjab & Sind Bank : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 2014Central Bank Of India₹2.00 CrOpen
24 Nov 2012Central Bank Of India₹7.00 MOpen
13 Aug 2011Central Bank Of India₹8.00 CrOpen
26 Jul 2011Punjab & Sind Bank₹4.00 CrOpen
06 Jan 2010Bank Of Baroda₹18.52 CrOpen

How Many Employees Work at Jindal Medicot?

Jindal Medicot has a workforce of 74 employees as of Mar 31, 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 Jindal Medicot, 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 Jindal Medicot'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 Jindal Medicot

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Jindal Medicot Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Alisha was appointed as a Director was appointed as a Director on 24 Jun 2016 & has been associated with this company since 8 years 8 months .

    24 Jun 2016

  • Charges

    A charge with Central Bank Of India amounted to Rs. 2.00 Cr with Charge ID 10474746 was registered on 03 Jan 2014.

    03 Jan 2014

  • Charges

    A charge with Central Bank Of India amounted to Rs. 0.70 Cr with Charge ID 10397272 was registered on 24 Nov 2012.

    24 Nov 2012

  • Charges

    A charge with Central Bank Of India of Rs. 8.00 Cr registered on 13 Aug 2011 with Charge ID 10302980 was modified on 24 Nov 2012.

    24 Nov 2012

Frequently asked questions

  • Jindal Medicot Limited was incorporated on 27 May 2008.

  • The authorized share capital of Jindal Medicot Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.40 Cr.

  • Currently 3 directors are associated with Jindal Medicot Limited.

    • Sandeep Jindal
    • Kartar Chand Dhiman
    • Alisha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jindal Medicot Limited is Mandiala Kalan, P.O. Bija Teh Khanna India, Ludhiana, Punjab, 141412.

  • The corporate identification number (CIN) of Jindal Medicot Limited is U17100PB2008PLC031964 and the company number is 031964 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jindal Medicot Limited is https://www.sjgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jindal Medicot Limited has fallen by -96.88%.

  • As Per 2023 financial reports, 74 employees are currently employed by Jindal Medicot Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jindal Medicot Limited has experienced an downturn of -6.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jindal Medicot Limited amount to ₹ 99.77 Cr.

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

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