Jai Venktesh Concast Private Limited
About Jai Venktesh Concast Private Limited
Data last updated:
Jai Venktesh Concast Private Limited is a private limited company based in Durgapur, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 January 2005.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2005PTC101164. Its GSTIN is 19AABCJ5719K1Z8 (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.35 Cr. It was formerly known as Telent Vyapaar Private Limited. It is led by directors including Akhilesh Kumar Jha and Sandip Kejriwal Kumar (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bamunara Industrial Area Bamunara Durgapur, West Bengal, India – 713212.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.14 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹1 Lakh (net margin 0.1%) and EBITDA of ₹2.63 Cr (EBITDA margin 18.6%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 26% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.43 Cr on record. Court records list 32 cases involving the company, including 18 filed by the company and 14 filed against it; 8 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.32 Cr; the latest was in March 2019.
Company details
Contact details
Jai Venktesh Concast Private Limited's registered office is in Durgapur, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBamunara Industrial Area Bamunara Durgapur, West Bengal, India – 713212
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Manufacturing & Processing
To see the full contact details of Jai Venktesh Concast 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 Jai Venktesh Concast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Jai Venktesh Concast Private Limited, buy the company report.
Financials of Jai Venktesh Concast Private Limited
FY 2020 filings availableJai Venktesh Concast Private Limited reported revenue of ₹14.14 Cr (down 87% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 87% fall in the latest year. EBITDA rose 438% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.14 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Jai Venktesh Concast Private Limited, buy the company report.
Board of directors of Jai Venktesh Concast Private Limited
Jai Venktesh Concast has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilesh Kumar Jha Also directs: Rathi Indore Steels Private Limited, Rathi Saria Limited, Gdrai Steel Private Limited and 3 more | Director | 05 Aug 2019 | 7 Years 3 Months | As last reported |
| Sandip Kejriwal Kumar Also directs: Dollar Industries Limited, Beekay Steel Industries Ltd, Ual Industries Limited. and 1 more | Irp/Rp/Liquidator | 23 Jul 2025 | 1 Years 3 Months | As last reported |
| Pankaj Gupta Also directs: Rathi Indore Steels Private Limited, Rathi Saria Limited, Gdrai Steel Private Limited and 4 more | Director | 01 Aug 2020 | 6 Years 3 Months | As last reported |
Auditor
Jai Venktesh Concast Private Limited is audited by A P A S & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P A S & CO | FY 2020 | 000340C |
Shareholding
The shareholding of Jai Venktesh Concast Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jai Venktesh Concast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2022 | 100550440 | Others | ₹19.33 Lakh | Open | |
| 30 Jul 2009 | 10175534 | L & T Finance Limited | ₹24 Lakh | Open | |
| 15 Jun 2009 | 10165328 | Others | ₹11 Cr | Open |
To see the full charge records of Jai Venktesh Concast Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Jai Venktesh Concast Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.32 Cr; the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Rathi Saria Limited Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: N S Moulds Makers Private Limited, Rathi Saria Limited , an individual Seller: Anurag Mercantiles Private Limited , Arham Mercantile Pvt Ltd , Rashail Auto Technology Private Limited , an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Arsh Iron & Steel Limited , Rashail Auto Technology Private Limited , Aries Clean Coal Private Limited Seller: Compact Finstock Pvt Ltd , Khaitan Udyog Pvt Ltd , Dimension Holdings Pvt Ltd |
| Dec 2008 | Funding round | ₹5.32 Cr | Investors: Compact Finstock Pvt Ltd , Khaitan Udyog Pvt Ltd , Dimension Holdings Pvt Ltd |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jai Venktesh Concast Private Limited has 32 court cases on record: 18 filed by Jai Venktesh Concast, 14 filed against it. 8 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 10 | 5 |
| High courts | 14 | 2 | 3 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by BST Infratech Ltd | Pending |
| NCLT, Kolkata | Insolvency matter | Filed by the company against BST Infratech Limited | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Shreegopal Govind Sponge Pvt. Ltd. | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed against the company by M/S Special Mineral Specialities (P) Ltd | Disposed |
| High Court of Rajasthan | Criminal miscellaneous application | Filed against the company by Firm Om Steel Rolling Mills | Pending |
To see the full case history of Jai Venktesh Concast 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 Jai Venktesh Concast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jai Venktesh Concast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCJ5719K1Z8 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jai Venktesh Concast Private Limited, buy the company report.
Recent activity
Jai Venktesh Concast Private Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Sandip Kejriwal Kumar was appointed as Irp/Rp/Liquidator on 23 Jul 2025.
10 earlier events are in the company report.
Frequently asked questions
Jai Venktesh Concast is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Jai Venktesh Concast is a company under insolvency, formerly operating as a private limited company based in Durgapur, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 January 2005 and is registered under CIN U51909WB2005PTC101164. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jai Venktesh Concast has 3 current directors:
- Akhilesh Kumar Jha - Director
- Pankaj Gupta - Director
- Sandip Kejriwal Kumar - Irp/Rp/Liquidator
The latest financial statements of Jai Venktesh Concast on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jai Venktesh Concast is U51909WB2005PTC101164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jai Venktesh Concast has open charges of ₹11.43 Cr and no satisfied charges on record as per latest MCA filings.
Jai Venktesh Concast has 32 court cases on record: 18 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.
Jai Venktesh Concast was incorporated on 17 January 2005. It is registered with the Registrar of Companies, Kolkata.
Jai Venktesh Concast has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.32 Cr; the latest was in March 2019.
Sandip Kejriwal Kumar was appointed as Irp/Rp/Liquidator on 23 Jul 2025. Pankaj Gupta ceased to be Additional Director on 31 Dec 2020. Anuj Sharma ceased to be Director on 12 Oct 2020. Jai Venktesh Concast has 15 board changes on record in total.
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