
Jagdamba Induction Private Limited
About Jagdamba Induction Private Limited
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Jagdamba Induction Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U28100RJ1995PTC091079. Its GSTIN is 08AAACP5195N1ZU (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.15 Cr. It was formerly known as Piyush Finhold Private Limited. It is led by directors Piyush Gupta and Bhanwar Lal Gupta.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.63 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹32.79 Lakh (net margin 0.4%) and EBITDA of ₹77.76 Lakh (EBITDA margin 1.1%).
As per MCA filings, the company has open charges of ₹13.7 Cr and satisfied charges of ₹31.6 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Jagdamba Induction has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28100RJ1995PTC091079, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28100RJ1995PTC091079 | Current |
| U28100DL1995PTC073067 | Previous |
| U74899DL1995PTC073067 | Previous |
Contact details
Jagdamba Induction Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 338 C, Road No. 17 Vkia, Jaipur, Rajasthan, India – 302013
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Jagdamba Induction 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 Jagdamba Induction is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Jagdamba Induction Private Limited, buy the company report.
Financials of Jagdamba Induction Private Limited
FY 2025 filings availableJagdamba Induction Private Limited reported revenue of ₹73.63 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹77.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Jagdamba Induction Private Limited, buy the company report.
Board of directors of Jagdamba Induction Private Limited
Jagdamba Induction has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Gupta | Director | 18 Aug 2014 | 12 Years 2 Months | Current |
| Bhanwar Lal Gupta | Director | 10 Oct 1995 | 31 Years 1 Months | Current |
Auditor
Jagdamba Induction Private Limited is audited by Vipin Aggarwal Kudsia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vipin Aggarwal Kudsia & Associates | FY 2023 | 009771N |
Shareholding
The shareholding of Jagdamba Induction 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 Jagdamba Induction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2019 | 100299667 | Hdfc Bank Limited | ₹5.5 Cr | Open | |
| 26 Jul 2017 | 100174417 | Hdfc Bank Limited | ₹8.2 Cr | Open | |
| 15 Feb 2016 | 10621851 | Bank of Baroda | ₹20 Lakh | Satisfied | |
| 23 Mar 2010 | 10213738 | Bank of Baroda | ₹22.25 Cr | Satisfied | |
| 01 Mar 2008 | 10092133 | Bank of Baroda | ₹1.4 Cr | Satisfied |
To see the full charge records of Jagdamba Induction Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Jagdamba Induction Private Limited has 7 court cases on record: 7 filed by Jagdamba Induction. 6 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Jaipur Vidyut Vitran Nigam Limited | Pending |
| High Court | Writ petition | Filed by the company against Jaipur Vidyut Vitran Nigam Limited | Pending |
| High Court | Writ petition | Filed by the company against The State of Rajasthan and 3 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against The State of Rajasthan | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle 19(1) & Ors. | Disposed |
To see the full case history of Jagdamba Induction 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
Jagdamba Induction Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 436 overdue payments to 45 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Jagdamba Induction Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Jagdamba Induction has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACP5195N1ZU | Rajasthan | Active | 01 Jul 2017 |
| 08AAACP5195N1D3 | Rajasthan | Active | 26 Oct 2024 |
To see the full GST registrations and return filing status of Jagdamba Induction Private Limited, buy the company report.
Recent activity
Jagdamba Induction Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Rajesh Kumar Agarwal ceased to be Director on 01 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Jagdamba Induction is an active private limited company based in Jaipur, Rajasthan, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 October 1995 (31+ years old) and is registered under CIN U28100RJ1995PTC091079.
Jagdamba Induction has 2 current directors:
- Piyush Gupta - Director
- Bhanwar Lal Gupta - Director
The latest financial statements of Jagdamba Induction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jagdamba Induction is 08AAACP5195N1ZU, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAACP5195N1D3 (Rajasthan).
The CIN (Corporate Identification Number) of Jagdamba Induction is U28100RJ1995PTC091079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagdamba Induction has 7 court cases on record: 7 filed by the company. 6 are pending.
Jagdamba Induction was incorporated on 10 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
Rajesh Kumar Agarwal ceased to be Director on 01 Dec 2020. Piyush Gupta ceased to be Additional Director on 02 Jun 2015. Piyush Gupta was appointed as Director on 18 Aug 2014. Jagdamba Induction has 5 board changes on record in total.
Jagdamba Induction has 8 MSME Form 1 returns on record between 2019 and 2023, listing 436 overdue payments to 45 micro and small suppliers. The latest return was filed on 30 Aug 2023.
The registered office of Jagdamba Induction is at A – 338 C, Road No. 17 Vkia, Jaipur, Rajasthan, India – 302013.
Jagdamba Induction operates in the metals and minerals industry, in the steel manufacturing and processing segment.

