Jairam Foundry Private Limited
About Jairam Foundry Private Limited
Data last updated:
Jairam Foundry Private Limited is a private limited company based in Nalgonda, Telangana, 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 30 April 2009.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U28990TG2009PTC063504. Its GSTIN is 36AACCJ2347N1ZB (Telangana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Gunja Devi and Sudhir Kumar.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Nalgonda, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.07 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹8.31 Lakh (net margin 0.8%) and EBITDA of ₹1.11 Cr (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.16 Cr and satisfied charges of ₹8.89 Cr on record. Court records list 16 cases involving the company, including 7 filed by the company and 9 filed against it; 8 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹67 Lakh; the latest was in March 2021. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Umiyaji Industries Private Limited with revenue of ₹10.13 Cr.
Company details
CIN history
Jairam Foundry has one previous CIN (Corporate Identification Number): U28990AP2009PTC063504. The current CIN is U28990TG2009PTC063504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28990TG2009PTC063504 | Current |
| U28990AP2009PTC063504 | Previous |
Contact details
Jairam Foundry Private Limited's registered office is in Nalgonda, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressSy. No. 21 Mahadevpur Village Nemuragomula Gram Panchayat Bibi Nagar, Mandal, Nalgonda, Telangana, India – 508126
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Jairam Foundry 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 Jairam Foundry 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 Jairam Foundry Private Limited, buy the company report.
Financials of Jairam Foundry Private Limited
FY 2021 filings availableJairam Foundry Private Limited reported revenue of ₹10.07 Cr (down 12% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 12% fall in the latest year. EBITDA rose 18% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.31 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| 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 Jairam Foundry Private Limited, buy the company report.
Board of directors of Jairam Foundry Private Limited
Jairam Foundry has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunja Devi | Director | 30 Apr 2009 | 17 Years 6 Months | As last reported |
| Sudhir Kumar | Director | 01 Oct 2019 | 7 Years 1 Months | As last reported |
| Ramana Reddy Malireddy | Irp/Rp/Liquidator | 16 May 2023 | 3 Years 5 Months | As last reported |
| Sujatha Bang | Director | 30 Apr 2009 | 17 Years 6 Months | As last reported |
Peer comparison
Jairam Foundry Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Umiyaji Industries Private Limited | ₹10.13 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| CMSR Steel Private Limited | ₹10.12 Cr (FY 2019) | 59.0% | Bangalore, Karnataka, India | |||
| Ssif Industries Private Limited | ₹10.08 Cr (FY 2025) | 55.0% | Uluberia, West Bengal, India | |||
| Jairam Foundry Private Limitedthis company | ₹10.07 Cr (FY 2021) | ₹8.31 Lakh | 0.8% | -12.0% | 4 | Nalgonda, Telangana, India |
| Shrine Steelmelt Private Limited | ₹10.06 Cr (FY 2024) | 404.0% | Rajkot, Gujarat, India | |||
| Popular Steel Works and Agricultural Implements Private Limited | ₹10.04 Cr (FY 2025) | 14.0% | Kolhapur, Maharashtra, India | |||
| Jhadeswar Ispat Private Limited | ₹10.01 Cr (FY 2022) | -64.0% | Jharsuguda, Odisha, India | |||
| Rinita Metaliks Private Limited | ₹10.01 Cr (FY 2024) | -49.0% | Howrah, West Bengal, India |
To see the full peer comparison of Jairam Foundry Private Limited, buy the company report.
Auditor
Jairam Foundry Private Limited is audited by P R Chandra & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R Chandra & Co | FY 2021 | 018985S |
Shareholding
The shareholding of Jairam Foundry Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jairam Foundry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2017 | 100144004 | Yes Bank Limited | ₹4.45 Cr | Open | |
| 05 Nov 2012 | 100929187 | The Karur Vysya Bank Limited | ₹3.72 Cr | Open | |
| 13 May 2014 | 10546053 | Others | ₹6.02 Cr | Satisfied | |
| 03 Oct 2012 | 10387109 | Karur Vysya Bank | ₹12.5 Lakh | Satisfied | |
| 26 Mar 2010 | 10510782 | A P State Financial Corporation Private Limited | ₹2.75 Cr | Satisfied |
To see the full charge records of Jairam Foundry Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Jairam Foundry Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹67 Lakh; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹27 Lakh | Investors: 3 individuals |
| Oct 2012 | Funding round | ₹40 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jairam Foundry Private Limited has 16 court cases on record: 7 filed by Jairam Foundry, 9 filed against it. 8 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 5 |
| High courts | 6 | 0 | 3 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, KOPPAL, Karnataka | Civil suit | Filed against the company by M/S Kirloskar Ferrous Industries Ltd.,Rptd by Managing Director Ravindranath,R/O Bevinahalli,Koppal | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (CC.NI) | Filed against the company by M/S. Jai Durga Steels Rep. by Its Proprietor Sri Vijender Kumar Agarawal | Pending |
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against The State of Telangana | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by State of Telangana PS Eow Team-I, CCS, DD | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by M/S. Usha Enterprises | Pending |
To see the full case history of Jairam Foundry 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 Jairam Foundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jairam Foundry Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Jairam Foundry has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCJ2347N1ZB | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jairam Foundry Private Limited, buy the company report.
Recent activity
Jairam Foundry Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Ramana Reddy Malireddy was appointed as Irp/Rp/Liquidator on 16 May 2023.
5 earlier events are in the company report.
Frequently asked questions
Jairam Foundry 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.
Jairam Foundry is a company under insolvency, formerly operating as a private limited company based in Nalgonda, Telangana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 April 2009 and is registered under CIN U28990TG2009PTC063504. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jairam Foundry has 4 current directors:
- Gunja Devi - Director
- Sudhir Kumar - Director
- Sujatha Bang - Director
- Ramana Reddy Malireddy - Irp/Rp/Liquidator
The latest financial statements of Jairam Foundry on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jairam Foundry is U28990TG2009PTC063504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jairam Foundry has open charges of ₹8.16 Cr and satisfied charges of ₹8.89 Cr as per latest MCA filings.
Jairam Foundry has 16 court cases on record: 7 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
Jairam Foundry was incorporated on 30 April 2009. It is registered with the Registrar of Companies, Hyderabad.
Jairam Foundry has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹67 Lakh; the latest was in March 2021.
The peers of Jairam Foundry by revenue are Umiyaji Industries Private Limited, CMSR Steel Private Limited, Ssif Industries Private Limited, Shrine Steelmelt Private Limited, Popular Steel Works and Agricultural Implements Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ramana Reddy Malireddy was appointed as Irp/Rp/Liquidator on 16 May 2023. Rekha Devi ceased to be Director on 07 Oct 2019. Sudhir Kumar was appointed as Director on 01 Oct 2019. Jairam Foundry has 5 board changes on record in total.
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