MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-17-0021309
J & V Rugs Private Limited
J & V Rugs Private Limited - manufacturing in Nabha, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.23 Cr
▼ 27% YoY
Net profit · FY 2024
₹3.45 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹21.68 Lakh
EBITDA margin 3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Satisfied ₹1.9 Cr
Company age
18 yrs
Est. 2008
Directors on board
6
As per MCA filings
About J & V Rugs Private Limited
Data last updated:
J & V Rugs Private Limited is a private limited company based in Nabha, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18203PB2008PTC031864. Its GSTIN is 03AACCJ0378H1ZU (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ratnesh Bansal and Narinder Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Moti Ram Munna Lal & Sons Rice Mill Rothi Bridge, Nabha, Punjab, India – 147002.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.23 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.45 Lakh (net margin 0.5%) and EBITDA of ₹21.68 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 140% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr and satisfied charges of ₹1.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
J & V Rugs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0021309). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18203PB2008PTC031864
Registration Number 031864
Incorporation Date 28 April 2008
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-17-0021309
Recognitions & Rankings of J & V Rugs
Contact details
J & V Rugs Private Limited's registered office is in Nabha, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Moti Ram Munna Lal & Sons Rice Mill Rothi Bridge, Nabha, Punjab, India – 147002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of J & V Rugs Private Limited, buy the company report.
Comprehensive company report
J & V Rugs Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of J & V Rugs is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of J & V Rugs Private Limited, buy the company report.
Financials of J & V Rugs Private Limited
FY 2024 filings availableJ & V Rugs Private Limited reported revenue of ₹7.23 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹7.23 Cr ▼ 27%
Net profit · FY 2024
₹3.45 Lakh margin 0.5%
EBITDA · FY 2024
₹21.68 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 140%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 3%
5 years · compounded
▼ 6%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹21.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of J & V Rugs Private Limited, buy the company report.
Board of directors of J & V Rugs Private Limited
J & V Rugs has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnesh Bansal | Director | 03 Jun 2014 | 12 Years 4 Months | Current |
| Narinder Bansal | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Mukul Bansal | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Mayank Gupta | Director | 03 Jun 2014 | 12 Years 4 Months | Current |
| Ashok Kumar | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Abhinav Bansal | Director | 10 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
J & V Rugs Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mti Fabrictech Private Limited | ₹7.25 Cr (FY 2024) | -32.0% | Kanpur, Uttar Pradesh, India | |||
| Chatresh Texfab Private Limited | ₹7.25 Cr (FY 2024) | 828.0% | Mumbai, Maharashtra, India | |||
| J & V Rugs Private Limitedthis company | ₹7.23 Cr (FY 2024) | ₹3.45 Lakh | 0.5% | -27.0% | Nabha, Punjab, India | |
| Sumit Texspin Private Limited | ₹7.23 Cr (FY 2024) | -80.0% | Bhilwara, Rajasthan, India | |||
| Birja Devi Poly Fabrics Private Limited | ₹7.22 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of J & V Rugs Private Limited, buy the company report.
Auditor
J & V Rugs Private Limited is audited by H.C. JINDAL AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.C. JINDAL AND CO. | FY 2023 | 02887N |
Shareholding
The shareholding of J & V Rugs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J & V Rugs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.3 Cr
Satisfied charges
₹1.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2018 | 100181134 | Others | ₹50 Lakh | Open | |
| 10 May 2018 | 100181138 | Others | ₹80 Lakh | Open | |
| 10 Mar 2014 | 10488772 | State Bank of Patiala | ₹1.5 Cr | Satisfied | |
| 21 Sep 2010 | 10246962 | State Bank of Patiala | ₹40 Lakh | Satisfied |
To see the full charge records of J & V Rugs Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
J & V Rugs Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (TRF) | Filed against the company by State of Ut Chandigarh | Disposed |
To see the full case history of J & V Rugs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for J & V Rugs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
J & V Rugs has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCJ0378H1ZU | Punjab | Active | 01 Jul 2017 |
| 06AACCJ0378H1ZO | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J & V Rugs Private Limited, buy the company report.
Recent activity
J & V Rugs Private Limited has 12 board changes on record since 2008: 9 appointments and 3 cessations. The latest: Abhinav Bansal was appointed as Director on 10 Jan 2024.
AGM
J & V Rugs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
J & V Rugs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Abhinav Bansal was appointed as Director.
Charges
A charge registered on 10 Mar 2014 via Charge ID 10488772 with State Bank Of Patiala was fully satisfied on 17 May 2018.
Charges
A charge registered on 21 Sep 2010 via Charge ID 10246962 with State Bank Of Patiala was fully satisfied on 17 May 2018.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100181134 was registered on 10 May 2018.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100181138 was registered on 10 May 2018.
Appointed
Mayank Gupta was appointed as Director.
Appointed
Ratnesh Bansal was appointed as Director.
Ceased
Ved Parkash Gupta ceased to be Director.
Ceased
Jordi Mas Sanges ceased to be Director.
Charges
A charge with State Bank Of Patiala amounted to Rs. 150.00 Lakh with Charge ID 10488772 was registered on 10 Mar 2014.
9 earlier events are in the company report.
Frequently asked questions
J & V Rugs is an active private limited company based in Nabha, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 April 2008 (18+ years old) and is registered under CIN U18203PB2008PTC031864.
J & V Rugs has 6 current directors:
- Ratnesh Bansal - Director
- Narinder Bansal - Director
- Mukul Bansal - Director
- Mayank Gupta - Director
- Ashok Kumar - Director
- Abhinav Bansal - Director
The latest financial statements of J & V Rugs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of J & V Rugs is 03AACCJ0378H1ZU, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCJ0378H1ZO (Haryana).
The CIN (Corporate Identification Number) of J & V Rugs is U18203PB2008PTC031864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J & V Rugs has 1 court case on record: 1 filed against it.
J & V Rugs was incorporated on 28 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of J & V Rugs by revenue are Mti Fabrictech Private Limited, Chatresh Texfab Private Limited, Sumit Texspin Private Limited, Birja Devi Poly Fabrics Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhinav Bansal was appointed as Director on 10 Jan 2024. Mayank Gupta was appointed as Director on 03 Jun 2014. Ratnesh Bansal was appointed as Director on 03 Jun 2014. J & V Rugs has 12 board changes on record in total.
Yes, J & V Rugs is registered as a small enterprise under Udyam registration (number: UDYAM-PB-17-0021309).
The registered office of J & V Rugs is at CO Moti Ram Munna Lal & Sons Rice Mill Rothi Bridge, Nabha, Punjab, India – 147002.