The Jute Corporation Of India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 53 Year, 10 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 ten 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
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
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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)
₹450.00 Cr
₹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.
