Jute Investment Co Ltd

Established NBFC with investments as primary business, incorporated in 1935 in Kolkata.

1935 | Kolkata, West Bengal (India) | Active
Last Updated: December 24, 2024

Jute Investment Co Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 89 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -25.18%
  • Profit Growth -59.22%
  • Ebitda -33.30%
  • Net Worth 1.00%
  • Total Assets 1.11%

About Jute Investment Co

Jute Investment Co Ltd (JICL) was founded in India on 09 May 1935 and has a glorious history of 89 years and nine months.Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.70 M, as per Ministry of Corporate Affairs (MCA) records.

Krishan Chandak, Sarat Patjoshi, and Kishor Sharma serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191WB1935PLC008270

  • Company No.

    008270

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1935

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Jute Investment Co?

Board Members (3)

NameDesignationAppointment DateStatus
Kishor Sharma Country flag representing In Director 12-Jul-2021Current
Krishan Chandak Country flag representing In Director 18-Jun-2015Current
Sarat Patjoshi Country flag representing In Director 15-Jun-2020Current

Financial Performance of Jute Investment Co.

Jute Investment Co Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 25.18% decrease. The company also saw a substantial fall in profitability, with a 59.22% decrease in profit. The company's net worth moved up by a moderate rise of 1%.

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
-25.18%
Revenue from Operations
-25.22%
Total Assets
1.11%
Profit or Loss
-59.22%
Net Worth
1.00%
EBITDA
-33.30%

What is the Ownership and Shareholding Structure of Jute Investment Co?

In 2022, Jute Investment Co had a promoter holding of 77.71% and a public holding of 22.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Jute Investment Co?

Unlock and access historical data on people associated with Jute Investment Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jute Investment Co, 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 Jute Investment Co'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 Jute Investment Co

Recent activity within the organization

  • Annual General Meeting

    Jute Investment Co Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Jute Investment Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Kishor Kumar Sharma was appointed as a Director was appointed as a Director on 12 Jul 2021 & has been associated with this company since 3 years 7 months .

    12 Jul 2021

  • Director Appointment

    Sarat Priya Patjoshi was appointed as a Director was appointed as a Director on 15 Jun 2020 & has been associated with this company since 4 years 8 months .

    15 Jun 2020

  • Director Appointment

    Krishan Kumar Chandak was appointed as a Director was appointed as a Director on 18 Jun 2015 & has been associated with this company since 9 years 8 months .

    18 Jun 2015

  • Company Incorporation

    Jute Investment Co Ltd was registered on 09 May 1935 with Roc Kolkata & aged 89 years 9 months as per MCA records.

    09 May 1935

Frequently asked questions

  • Jute Investment Co Ltd was incorporated on 09 May 1935.

  • The authorized share capital of Jute Investment Co Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.70 M.

  • Currently 3 directors are associated with Jute Investment Co Ltd.

    • Krishan Kumar Chandak
    • Sarat Priya Patjoshi
    • Kishor Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jute Investment Co Ltd is Birla Building 8Th Floor 9/1 R. N. Mukherjee Road, India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Jute Investment Co Ltd is U65191WB1935PLC008270 and the company number is 008270 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Jute Investment Co Ltd has fallen by -25.18%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jute Investment Co Ltd has experienced an upsurge of 1.00%.

  • The most recent Balance Sheet for Jute Investment Co Ltd was filed with the ROC on 31 Mar 2024.

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