Jagsukhkarak Housing Developers Limited
About Jagsukhkarak Housing Developers Limited
Data last updated:
Jagsukhkarak Housing Developers Limited is a public limited company based in Ahmedabad, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 November 2008.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45208GJ2008PLC055385.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹50.21 Lakh. It was formerly known as Jagsukhkarak Housing Finance Limited. It is led by directors including Govindji Tejmal Rathod and Bharatbhai Kanchanlal Shah.
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 201 Maruti Crystal Opp Rajpath Club Bodakdev S G Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.8 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹17.11 Lakh (net margin 71.9%) and EBITDA of ₹23.41 Lakh (EBITDA margin 98.3%). Revenue has grown at a compounded annual rate (CAGR) of 978% over three years and 4% over five years.
Company details
CIN history
Jagsukhkarak Housing Developers has one previous CIN (Corporate Identification Number): U65922GJ2008PLC055385. The current CIN is U45208GJ2008PLC055385, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45208GJ2008PLC055385 | Current |
| U65922GJ2008PLC055385 | Previous |
Contact details
Jagsukhkarak Housing Developers Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 Maruti Crystal Opp Rajpath Club Bodakdev S G Highway, Ahmedabad, Gujarat, India – 380054
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Jagsukhkarak Housing Developers 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
Financials of Jagsukhkarak Housing Developers Limited
FY 2024 filings availableJagsukhkarak Housing Developers Limited reported revenue of ₹23.8 Lakh (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 33% growth in the latest year. EBITDA rose 35% 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 | ₹23.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.11 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 | 98.3% | ||||
| Net Profit Margin | 71.9% | ||||
| 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 Jagsukhkarak Housing Developers Limited, buy the company report.
Board of directors of Jagsukhkarak Housing Developers Limited
Jagsukhkarak Housing Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindji Tejmal Rathod Also directs: Nirbhay Developers Private Limited | Director | 01 Dec 2008 | 17 Years 11 Months | As last reported |
| Bharatbhai Kanchanlal Shah Also directs: Westcoarse Chemicals Private Limited, Nirbhay Developers Private Limited, Nirbhay Finova Capital Private Limited and 5 more | Director | 10 Nov 2008 | 17 Years 11 Months | As last reported |
| Madhubhai Soni Jamnadas | Director | 10 Nov 2008 | 17 Years 11 Months | As last reported |
Peer comparison
Jagsukhkarak Housing Developers Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maa Jagdambey Buildwell Private Limited | ₹23.83 Lakh (FY 2025) | 3.0% | Patna, Bihar, India | |||
| Armskill Infrastructures Private Limited | ₹23.82 Lakh (FY 2025) | 79.0% | Sonipat, Haryana, India | |||
| A & A Infrastructure Private Limited | ₹23.81 Lakh (FY 2025) | -82.0% | Delhi, India | |||
| Jagsukhkarak Housing Developers Limitedthis company | ₹23.8 Lakh (FY 2024) | ₹17.11 Lakh | 71.9% | 33.0% | Ahmedabad, Gujarat, India | |
| Saanvi Infrastructure Private Limited | ₹23.75 Lakh (FY 2022) | -40.0% | New Delhi, Delhi, India | |||
| Moses Industries Private Limited | ₹23.71 Lakh (FY 2024) | -84.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Jagsukhkarak Housing Developers Limited, buy the company report.
Auditor
Jagsukhkarak Housing Developers Limited is audited by Rohan Thakkar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rohan Thakkar & Co | FY 2023 | 135131 |
Shareholding
The shareholding of Jagsukhkarak Housing Developers 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 Jagsukhkarak Housing Developers Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jagsukhkarak Housing Developers 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 Jagsukhkarak Housing Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Jagsukhkarak Housing Developers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jagsukhkarak Housing Developers Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Jasubhai Vanmalidas Soni ceased to be Director on 05 Oct 2012.
Frequently asked questions
Jagsukhkarak Housing Developers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Jagsukhkarak Housing Developers is a company under liquidation, formerly operating as a public limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 November 2008 and is registered under CIN U45208GJ2008PLC055385. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jagsukhkarak Housing Developers has 3 current directors:
- Govindji Tejmal Rathod - Director
- Bharatbhai Kanchanlal Shah - Director
- Madhubhai Soni Jamnadas - Director
The latest financial statements of Jagsukhkarak Housing Developers 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 CIN (Corporate Identification Number) of Jagsukhkarak Housing Developers is U45208GJ2008PLC055385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagsukhkarak Housing Developers was incorporated on 10 November 2008. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Jagsukhkarak Housing Developers by revenue are Maa Jagdambey Buildwell Private Limited, Armskill Infrastructures Private Limited, A & A Infrastructure Private Limited, Saanvi Infrastructure Private Limited, Moses Industries Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Jasubhai Vanmalidas Soni ceased to be Director on 05 Oct 2012. Bharatkumar Dahyabhai Thakker ceased to be Additional Director on 18 Aug 2009. Govindji Tejmal Rathod ceased to be Additional Director on 18 Aug 2009. Jagsukhkarak Housing Developers has 6 board changes on record in total.
The registered office of Jagsukhkarak Housing Developers is at 201 Maruti Crystal Opp Rajpath Club Bodakdev S G Highway, Ahmedabad, Gujarat, India – 380054.
Jagsukhkarak Housing Developers operates in the infrastructure and utilities industry, in the general construction services segment.
The compliance status of Jagsukhkarak Housing Developers is compliant as of 21 September 2026.
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.
