Jaika Finance Private Limited

Jaika Finance Private Limited - financial services in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U65910MH1993PTC072040 Incorporated 18 May 1993 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹16.6 Lakh
▼ 93% YoY
Net profit · FY 2025
₹69.97 Lakh
Net margin 421.5%
EBITDA · FY 2025
-₹5.03 Lakh
EBITDA margin -30.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.2 Cr
Issued & subscribed
Open charges
₹20.32 Cr
Satisfied ₹37 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
3
Provident fund records

About Jaika Finance Private Limited

Data last updated:

Jaika Finance Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 May 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1993PTC072040. Its GSTIN is 27AAACJ3754D1ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.2 Cr. It was formerly known as Jaika Finance Ltd and Jaika Finance Limited. It is led by directors including Prafulla Kashinath Kale and Kartik Prafulla Kale.

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 2nd Floor Jaika Bldg. Commercial Road Civil Lines, Nagpur, Maharashtra, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.6 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹69.97 Lakh (net margin 421.5%) and EBITDA of -₹5.03 Lakh (EBITDA margin -30.3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 35% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹20.32 Cr and satisfied charges of ₹37 Cr on record. Court records list 47 cases involving the company, including 41 filed by the company and 6 filed against it; 4 cases are pending.

Jaika Finance Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0034074). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jaikagroup.com.

Company details

CIN U65910MH1993PTC072040
Registration Number 072040
Incorporation Date 18 May 1993
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-20-0034074

Name history

Jaika Finance has undergone 2 name changes throughout its history. The company was previously known as Jaika Finance Ltd, and Jaika Finance Limited. The current legal name is Jaika Finance Private Limited.

Company NameStatus
Jaika Finance Private LimitedCurrent
Jaika Finance LtdPrevious
Jaika Finance LimitedPrevious

CIN history

Jaika Finance has one previous CIN (Corporate Identification Number): U65910MH1993PLC072040. The current CIN is U65910MH1993PTC072040, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65910MH1993PTC072040Current
U65910MH1993PLC072040Previous
Key People
Prafulla Kashinath Kale Director Kartik Prafulla Kale Director Rashmi Rohit Kale Director

Recognitions & Rankings of Jaika Finance

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-20-0034074

Contact details

Jaika Finance Private Limited's registered office is in Nagpur, Maharashtra. Its website is jaikagroup.com. Its e-mail address is in the company report.

  • Email
  • Website
    jaikagroup.com
  • Registered Address
    2nd Floor Jaika Bldg. Commercial Road Civil Lines, Nagpur, Maharashtra, India
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Jaika Finance Private Limited, buy the company report.

Comprehensive company report
Jaika Finance 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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Business activity

The main business activity of Jaika Finance is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Jaika Finance Private Limited, buy the company report.

Financials of Jaika Finance Private Limited

FY 2024 filings available

Jaika Finance Private Limited reported revenue of ₹16.6 Lakh (down 93% YoY) for FY 2025.

Revenue · FY 2025
₹16.6 Lakh ▼ 93%
Net profit · FY 2025
₹69.97 Lakh margin 421.5%
EBITDA · FY 2025
-₹5.03 Lakh margin -30.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 47%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 16%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 93% fall in the latest year. EBITDA rose 95% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹5.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹69.97 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-30.3%
Net Profit Margin421.5%
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 Jaika Finance Private Limited, buy the company report.

Board of directors of Jaika Finance Private Limited

Jaika Finance has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prafulla Kashinath Kale
Also directs: JSR Dynamics Private Limited, Ketan Motors Private Limited, Jaika Vanijya Private Limited and 5 more
Director29 Sep 200521 Years 1 MonthsCurrent
Kartik Prafulla Kale
Also directs: Ketan Motors Private Limited, Jaika Vanijya Private Limited, Jaika Automobiles and Finance Pvt Ltd and 5 more
Director30 Sep 200323 Years 1 MonthsCurrent
Rashmi Rohit Kale
Also directs: Ketan Motors Private Limited, Jaika Vanijya Private Limited, Jaika Automobiles and Finance Pvt Ltd and 4 more
Director07 Mar 200719 Years 8 MonthsCurrent
Gautam Satish Kale
Also directs: JSR Dynamics Private Limited, Ketan Motors Private Limited, Jaika Vanijya Private Limited and 5 more
Director30 Sep 200323 Years 1 MonthsCurrent
Deepali Prafulla Kale
Also directs: Ketan Motors Private Limited, Jaika Vanijya Private Limited, Jaika Automobiles and Finance Pvt Ltd and 4 more
Director16 Sep 200422 Years 1 MonthsCurrent
Usha Satish Kale
Also directs: Ketan Motors Private Limited, Jaika Vanijya Private Limited, Jaika Automobiles and Finance Pvt Ltd and 4 more
Director27 Nov 200124 Years 11 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Jaika Finance Private Limited is audited by S D PARANJPE & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S D PARANJPE & COFY 2023146931W

Shareholding

The shareholding of Jaika Finance Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Jaika Finance Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20.32 Cr
Satisfied charges
₹37 Cr
Breakdown by lending institutions
Others₹15.00 Cr
Central Bank of India₹5.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2024101032290Others₹15 CrOpen
29 Apr 201110339852Central Bank of India₹5 CrOpen
17 Apr 199690156319Central Bank of India₹31.98 LakhOpen
03 Dec 201110322884Uco Bank₹35 CrSatisfied
28 Mar 200590160365Bank of India₹2 CrSatisfied

To see the full charge records of Jaika Finance Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jaika Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Jaika Finance has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Jaika Finance Private Limited has a workforce of 3 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1

GST

Jaika Finance has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACJ3754D1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Jaika Finance Private Limited, buy the company report.

Recent activity

Jaika Finance Private Limited has 11 board changes on record since 2001: 7 appointments and 4 cessations. The latest: Vyankatesh Ramchandra Manohar ceased to be Director on 04 Mar 2018.

Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101032290 was registered on 30 Dec 2024.
AGM
Jaika Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Jaika Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 03 Dec 2011 via Charge ID 10322884 with Uco Bank was fully satisfied on 07 Mar 2019.
Ceased
Vyankatesh Ramchandra Manohar ceased to be Director.
Ceased
Kishore Pessulal Dewani ceased to be Director.
Charges
A charge with Uco Bank amounted to Rs. 35.00 Cr with Charge ID 10322884 was registered on 03 Dec 2011.
Charges
A charge with Central Bank Of India amounted to Rs. 5.00 Cr with Charge ID 10339852 was registered on 29 Apr 2011.
Charges
A charge registered on 28 Mar 2005 via Charge ID 90160365 with Bank Of India was fully satisfied on 26 Apr 2011.
Ceased
Yogesh Jagannath Puri ceased to be Director.
Ceased
Vikas Anant Sahasrabuddhe ceased to be Director.
Appointed
Rashmi Rohit Kale was appointed as Director.

9 earlier events are in the company report.

Frequently asked questions

Jaika Finance is an active private limited company based in Nagpur, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 May 1993 (33+ years old) and is registered under CIN U65910MH1993PTC072040.

Jaika Finance has 7 current directors:

The latest financial statements of Jaika Finance 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 Jaika Finance is 27AAACJ3754D1ZS, registered in Maharashtra. 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 Jaika Finance is U65910MH1993PTC072040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jaika Finance has 47 court cases on record: 41 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.

Jaika Finance was incorporated on 18 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Vyankatesh Ramchandra Manohar ceased to be Director on 04 Mar 2018. Kishore Pessulal Dewani ceased to be Director on 01 Oct 2016. Yogesh Jagannath Puri ceased to be Director on 25 Sep 2008. Jaika Finance has 11 board changes on record in total.

Yes, Jaika Finance is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0034074).

Jaika Finance can be reached through the website jaikagroup.com. Its registered office is in Nagpur, Maharashtra, India.