Jain Bags LLP
About Jain Bags LLP
Data last updated:
Jain Bags LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAP-6888. Its GSTIN is 24AAPFJ3430L1Z7 (Gujarat).
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Sureshkumar Ganeshmal Bhansali and Dinesh Bhansali.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.57 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹9.09 Lakh (net margin 2%) and EBITDA of ₹17.61 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.
Company details
Contact details
Jain Bags LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressT.F.Shop No – 19 Bhisham Complex Opp. N.C.Bodiwal College Kalupur Tanksh, Al, Ahmedabad, Gujarat, India – 380001
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Jain Bags LLP, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Jain Bags LLP
FY 2025 filings availableJain Bags LLP reported revenue of ₹4.57 Cr (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 71% over three years, including 27% growth in the latest year. EBITDA rose 49% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ||||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹9.09 Lakh | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 2% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Jain Bags LLP, buy the company report.
Designated partners of Jain Bags LLP
Jain Bags has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Ganeshmal Bhansali | Designated Partner | 20 Jun 2019 | 7 Years 4 Months | Current |
| Dinesh Bhansali | Designated Partner | 20 Jun 2019 | 7 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Jain Bags LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jain Bags LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jain Bags has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPFJ3430L1Z7 | Gujarat | Active | 13 Jul 2019 |
To see the full GST registrations and return filing status of Jain Bags LLP, buy the company report.
Recent activity
Jain Bags LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Dinesh Bhansali was appointed as Designated Partner on 20 Jun 2019.
Frequently asked questions
Jain Bags is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under LLPIN AAP-6888.
Jain Bags has 2 current designated partners:
- Sureshkumar Ganeshmal Bhansali - Designated Partner
- Dinesh Bhansali - Designated Partner
The latest financial statements of Jain Bags on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Jain Bags is 24AAPFJ3430L1Z7, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Jain Bags is AAP-6888. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Jain Bags was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dinesh Bhansali was appointed as Designated Partner on 20 Jun 2019. Sureshkumar Ganeshmal Bhansali was appointed as Designated Partner on 20 Jun 2019.
The registered office of Jain Bags is at T.F.Shop No – 19 Bhisham Complex Opp. N.C.Bodiwal College Kalupur Tanksh, Al, Ahmedabad, Gujarat, India – 380001.
Jain Bags operates in the home and lifestyle industry, in the lifestyle products and accessories manufacturing segment.
Jain Bags can be reached at its registered office: T.F.Shop No – 19 Bhisham Complex Opp. N.C.Bodiwal College Kalupur Tanksh, Al, Ahmedabad, Gujarat, India – 380001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
