- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-05-0006710

About Jagan Industries Private Limited
Data last updated:
Jagan Industries Private Limited is a private limited company based in Chandigarh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 12 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00000CH1990PTC010011. Its GSTIN is 03AAACJ3694C1ZX (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.37 Lakh. It was formerly known as Jagan Agro Ltd and Jagan Industries Limited. It is led by directors Anil Bansal (Whole-Time Director) and Madan Mohan.
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 SCO 18 – 19 Sector 28C, Chandigarh, India – 160002.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹57.75 Lakh (net margin 0.8%) and EBITDA of ₹47.36 Lakh (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 14% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹21.82 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it. The company has 5 deals on record (5 secondary share transfers); the latest was in September 2017.
Jagan Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-05-0006710). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jagan.in.
Company details
Name history
Jagan Industries has undergone 2 name changes throughout its history. The company was previously known as Jagan Agro Ltd, and Jagan Industries Limited. The current legal name is Jagan Industries Private Limited.
| Company Name | Status |
|---|---|
| Jagan Industries Private Limited | Current |
| Jagan Agro Ltd | Previous |
| Jagan Industries Limited | Previous |
CIN history
Jagan Industries has one previous CIN (Corporate Identification Number): U00000CH1990PLC010011. The current CIN is U00000CH1990PTC010011, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00000CH1990PTC010011 | Current |
| U00000CH1990PLC010011 | Previous |
Recognitions & Rankings of Jagan Industries
Contact details
Jagan Industries Private Limited's registered office is in Chandigarh, Chandigarh. Its website is jagan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 18 – 19 Sector 28C, Chandigarh, India – 160002
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Jagan Industries 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 Jagan Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Jagan Industries Private Limited, buy the company report.
Financials of Jagan Industries Private Limited
FY 2024 filings availableJagan Industries Private Limited reported revenue of ₹68.77 Cr (up 187% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 187% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹47.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.75 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jagan Industries Private Limited, buy the company report.
Board of directors of Jagan Industries Private Limited
Jagan Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Mohan Also directs: JTL Industries Limited, Mirage Infra Limited | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Anil Bansal | Whole-Time Director | 25 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Jagan Industries Private Limited is audited by N Kumar Chhabra and Co., Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N Kumar Chhabra and Co., Chartered Accountants | FY 2023 | 000837N |
Shareholding
The shareholding of Jagan Industries 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 Jagan Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2013 | 10451069 | Punjab National Bank | ₹6 Cr | Satisfied | |
| 26 Jun 2012 | 10365995 | Hdfc Bank Limited | ₹6 Cr | Satisfied | |
| 02 Jan 2006 | 80049988 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 03 Sep 2005 | 90181006 | Bank of Punjab Ltd | ₹3.12 Cr | Satisfied | |
| 14 Jan 2005 | 90180913 | Bank of Panjab Ltd | ₹10 Lakh | Satisfied |
To see the full charge records of Jagan Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Jagan Industries Private Limited has 5 deals on record (5 secondary share transfers); the latest was in September 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Fashions Genesis Private Limited, Cement Bhojia Services Private Limited, Exports Glopal SG Private Limited, an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Exports Glopal SG Private Limited, Vijay Kumar HUF, 2 individuals Seller: Others Jagan Industries Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jagan Industries Private Limited has 6 court cases on record: 3 filed by Jagan Industries, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Appeal | Filed by the company against an individual | Disposed |
| District court, Patiala, Punjab | Civil miscellaneous application | Filed by the company against individuals | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Registrar of Companies | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by Ms R S Ispat Pvt Ltd | Disposed |
| District court, Patiala, Punjab | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Jagan Industries 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.
Credit ratings & regulatory alerts
Jagan Industries Private Limited was last rated by Crisil on 13 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 May 2020 |
To see the full credit ratings and regulatory alerts of Jagan Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jagan Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jagan Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Jagan Industries Private Limited has a workforce of 33 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Jagan Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACJ3694C1ZX | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jagan Industries Private Limited, buy the company report.
Recent activity
Jagan Industries Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Mithan Lal Singla ceased to be Director on 08 Jun 2025.
18 earlier events are in the company report.
Frequently asked questions
Jagan Industries is an active private limited company based in Chandigarh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 12 January 1990 (36+ years old) and is registered under CIN U00000CH1990PTC010011.
Jagan Industries has 2 current directors:
- Anil Bansal - Whole-Time Director
- Madan Mohan - Director
The latest financial statements of Jagan Industries 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 Jagan Industries is 03AAACJ3694C1ZX, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Jagan Industries is U00000CH1990PTC010011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagan Industries has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Jagan Industries was incorporated on 12 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.
Jagan Industries has 5 deals on record (5 secondary share transfers); the latest was in September 2017.
Mithan Lal Singla ceased to be Director on 08 Jun 2025. Anil Bansal ceased to be Director on 05 Sep 2016. Anil Bansal was appointed as Whole-Time Director on 25 Nov 2014. Jagan Industries has 7 board changes on record in total.
Yes, Jagan Industries is registered as a small enterprise under Udyam registration (number: UDYAM-PB-05-0006710).

