JMD Fincorp Private Limited
About JMD Fincorp Private Limited
Data last updated:
JMD Fincorp Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the life insurance. non life insurance segment of the insurance sector. It was incorporated on 01 December 1997.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1997PTC090938. Its GSTIN is 07AACCS0480R1ZX (Delhi).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Aastha Khurana and Jayesh Khurana.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 26/18 Ground Floor East Patel Nagar, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2022, the company reported a revenue of ₹71,658, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹44,664 (net margin 62.3%) and EBITDA of ₹7,442 (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 67% over five years.
Company details
Contact details
JMD Fincorp Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address26/18 Ground Floor East Patel Nagar, New Delhi, Delhi, India – 110008
- IndustryInsurance, Life Insurance. Non Life Insurance
To see the full contact details of JMD Fincorp Private Limited, 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
Business activity
The main business activity of JMD Fincorp is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of JMD Fincorp Private Limited, buy the company report.
Financials of JMD Fincorp Private Limited
FY 2022 filings availableJMD Fincorp Private Limited reported revenue of ₹71,658 (up 123% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 123% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 67%. EBITDA rose 100% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹7,442 | ||||
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| Net Profit (PAT) | ₹44,664 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 62.3% | ||||
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To see the full financial statements and ratios of JMD Fincorp Private Limited, buy the company report.
Board of directors of JMD Fincorp Private Limited
JMD Fincorp has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aastha Khurana Also directs: JMD Fincorp India LLP | Director | 10 Apr 2021 | 5 Years 7 Months | As last reported |
| Jayesh Khurana Also directs: JMD Fincorp India LLP | Director | 10 Dec 2011 | 14 Years 11 Months | As last reported |
Peer comparison
JMD Fincorp Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lifeline Corporate Agencies Private Limited | ₹77,751 (FY 2025) | -35.0% | Rajpura, Punjab, India | |||
| Richvalue Insurance Marketing Private Limited | ₹77,687 (FY 2023) | -80.0% | Vadodara, Gujarat, India | |||
| Evershine Risk Consultants Private Limited | ₹76,530 (FY 2016) | -87.0% | Jaipur, Rajasthan, India | |||
| Vidhai Imf Private Limited | ₹73,207 (FY 2023) | -85.0% | Chennai, Tamil Nadu, India | |||
| RBR Insurance Marketing Private Limited | ₹72,800 (FY 2024) | 25.0% | Nattalam, Tamil Nadu, India | |||
| JMD Fincorp Private Limitedthis company | ₹71,658 (FY 2022) | ₹44,664 | 62.3% | 123.0% | New Delhi, Delhi, India | |
| S Santhusti Insurance Marketing Private Limited | ₹69,996 (FY 2020) | -88.0% | New Delhi, Delhi, India | |||
| Persist Merchants Private Limited | ₹64,936 (FY 2018) | 66.0% | Kolkata, West Bengal, India | |||
| Globtech Insurance Surveyors and Loss Assessors Private Limited | ₹62,920 (FY 2019) | Chennai, Tamil Nadu, India | ||||
| Finsurian Consultancy and Services Private Limited | ₹58,314 (FY 2025) | -45.0% | Khammam, Telangana, India | |||
| Shri Shiv Narayan Insurance Marketing Private Limited | ₹56,767 (FY 2024) | Patna, Bihar, India |
To see the full peer comparison of JMD Fincorp Private Limited, buy the company report.
Auditor
JMD Fincorp Private Limited is audited by J.CHANDNA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.CHANDNA & CO. | FY 2017 | 083187 |
Shareholding
The shareholding of JMD Fincorp Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of JMD Fincorp Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving JMD Fincorp Private Limited 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 JMD Fincorp Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JMD Fincorp has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCS0480R1ZX | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JMD Fincorp Private Limited, buy the company report.
Recent activity
JMD Fincorp Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Aastha Khurana ceased to be Additional Director on 03 Jul 2023.
Frequently asked questions
JMD Fincorp has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
JMD Fincorp was a private limited company based in New Delhi, Delhi, India. The company worked in life insurance. non life insurance, within the insurance industry. It was incorporated on 01 December 1997 and is registered under CIN U74899DL1997PTC090938. The company has been struck off by the Registrar of Companies and is no longer operational.
JMD Fincorp had 2 directors:
- Aastha Khurana - Director
- Jayesh Khurana - Director
The CIN (Corporate Identification Number) of JMD Fincorp is U74899DL1997PTC090938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of JMD Fincorp is at 2618 Ground Floor East Patel Nagar, New Delhi, Delhi, India – 110008.
JMD Fincorp was incorporated on 01 December 1997. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of JMD Fincorp on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of JMD Fincorp is 07AACCS0480R1ZX, registered in Delhi.
JMD Fincorp operated in the insurance industry, in the life insurance. non life insurance segment. It worked in this industry before it was struck off.
The peers of JMD Fincorp by revenue are Lifeline Corporate Agencies Private Limited, Richvalue Insurance Marketing Private Limited, Evershine Risk Consultants Private Limited, Vidhai Imf Private Limited, RBR Insurance Marketing Private Limited and 5 more, all in the same principal business activity (life/non-life insurance and reinsurance activities).
Aastha Khurana ceased to be Additional Director on 03 Jul 2023. Jayesh Khurana ceased to be Additional Director on 03 Jul 2023. Devender Khurana ceased to be Director on 30 Apr 2021. JMD Fincorp has 6 board changes on record in total.
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