The Jute Corporation Of India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 53 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.00 Cr
- Satisfied Charges ₹ 50.00 Cr
- Revenue Growth 129.93%
- Profit Growth 172.60%
- Ebitda 215.92%
- Net Worth 7.48%
- Total Assets 18.70%
About The Jute Corporation Of India
The Jute Corporation Of India Limited (TJCOIL) was founded in India on 02 April 1971 and has a glorious history of 53 years and 11 months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Business Services 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹450.00 Cr. The company has closed loans amounting to ₹50.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at The Jute Corporation Of India Limited India is Avik Saha as COMPANY SECRETARY. Prajakta Lavangare, Ajay Jolly, and Purnesh Gururani 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
U17232WB1971GOI027958
- Company No.
027958
- Company Classification
Private Limited Union Government Company
- Incorporation Date
02 Apr 1971
- Date of AGM
23 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Business Services
Who are the key members and board of directors at The Jute Corporation Of India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Jolly  | Managing Director | 01-Feb-2019 | Current |
| Avik Saha | Company Secretary | 03-Aug-2016 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prajakta Lavangare | Nominee Director | 17-Jul-2024 | Current |
| Purnesh Gururani | Nominee Director | 08-Mar-2024 | Current |
Financial Performance of The Jute Corporation Of India.
The Jute Corporation Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 129.93% increase. The company also saw a substantial improvement in profitability, with a 172.6% increase in profit. The company's net worth moved up by a moderate rise of 7.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Jute Corporation Of India?
In 2023, The Jute Corporation Of India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
National Textile Corpn LimitedPrajakta Lavangare is a mutual person
The Cotton Corporation Of India LimitedPrajakta Lavangare is a mutual person
Aurangabad Textiles And Apparel Parks LimitedPrajakta Lavangare is a mutual person
Birds Jute & Exports LtdPrajakta Lavangare is a mutual person
- National Jute Manufactures Corpration Limited
Prajakta Lavangare is a mutual person
- Apollo Design Apparel Parks Limited
Prajakta Lavangare is a mutual person
Charges (Loans)
Open Charges
₹450.00 Cr
Satisfied Charges
₹50.00 Cr
Charges Breakdown by Lending Institutions
- Others : 300.00 Cr
- State Bank Of India : 100.00 Cr
- Yes Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | State Bank Of India | ₹100.00 Cr | Open |
| 12 Dec 2023 | Yes Bank Limited | ₹50.00 Cr | Open |
| 25 Jun 2018 | Others | ₹150.00 Cr | Open |
| 04 Jan 2017 | Others | ₹150.00 Cr | Open |
| 06 Nov 2012 | Central Bank Of India | ₹50.00 Cr | Satisfied |
How Many Employees Work at The Jute Corporation Of India?
The Jute Corporation Of India has a workforce of 186 employees as of Oct 15, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Jute Corporation Of India, 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 The Jute Corporation Of India'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 The Jute Corporation Of India
Recent activity within the organization
- Director Appointment
Prajakta Sudip Verma Lavangare was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jul 2024 & has been associated with this company since 7 months 15 days .
- Director Appointment
Purnesh Gururani was appointed as a Nominee Director was appointed as a Nominee Director on 08 Mar 2024 & has been associated with this company since 11 months 24 days .
- Charges
A charge with State Bank Of India amounted to Rs. 100.00 Cr with Charge ID 100862449 was registered on 07 Feb 2024.
- Charges
A charge with Others of Rs. 150.00 Cr registered on 25 Jun 2018 with Charge ID 100194882 was modified on 05 Feb 2024.
- Charges
A charge with Others of Rs. 150.00 Cr registered on 04 Jan 2017 with Charge ID 100125714 was modified on 05 Feb 2024.
- Charges
A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100834249 was registered on 12 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of The Jute Corporation Of India Limited?
The Jute Corporation Of India Limited was incorporated on 02 Apr 1971.
What is authorized share capital and paid-up capital of The Jute Corporation Of India Limited?
The authorized share capital of The Jute Corporation Of India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of The Jute Corporation Of India Limited?
Currently 4 directors are associated with The Jute Corporation Of India Limited.
- Prajakta Sudip Verma Lavangare
- Ajay Kumar Jolly
- Avik Saha
- Purnesh Gururani
What is the registered address of The Jute Corporation Of India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of The Jute Corporation Of India Limited is 15N-Nellie Sengupta Sarani, Kolkata, West Bengal, India, 700087.
What is the corporate identification number (CIN) and company number of The Jute Corporation Of India Limited?
The corporate identification number (CIN) of The Jute Corporation Of India Limited is U17232WB1971GOI027958 and the company number is 027958 as per Ministry of Corporate Affairs (MCA).
What is the official website of The Jute Corporation Of India Limited?
The Official website of The Jute Corporation Of India Limited is https://www.jutecorp.in
What has been the recent revenue trend for The Jute Corporation Of India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for The Jute Corporation Of India Limited has risen by 129.93%.
How many employees does The Jute Corporation Of India Limited currently have?
As Per 2023 financial reports, 186 employees are currently employed by The Jute Corporation Of India Limited.
What change has been observed in the net worth of The Jute Corporation Of India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of The Jute Corporation Of India Limited has experienced an upsurge of 7.48%.
What are the total open charges for The Jute Corporation Of India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for The Jute Corporation Of India Limited amount to ₹ 450.00 Cr.
When was the last Balance Sheet of The Jute Corporation Of India Limited filed with the ROC?
The most recent Balance Sheet for The Jute Corporation Of India Limited was filed with the ROC on 31 Mar 2023.
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