Jaitech's Industries Private Limited
About Jaitech's Industries Private Limited
Data last updated:
Jaitech's Industries Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the sports goods segment of the musical instruments sector. It was incorporated on 12 February 1998.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U35999TN1998PTC039887. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹15 Lakh. It was led by directors Pallasana Ramakrishnan Ramaswamy and Vishnampet Sitaraman Chidambaram.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 15 Srinivasa Perumal Sannathisecond Street Royapettah, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹13,547, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹7.89 Lakh and EBITDA of -₹1.3 Lakh.
As per MCA filings, the company had satisfied charges of ₹30 Lakh on record.
Company details
Contact details
Jaitech's Industries Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 Srinivasa Perumal Sannathisecond Street Royapettah, Chennai, Tamil Nadu, India
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Jaitech's Industries 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
Financials of Jaitech's Industries Private Limited
FY 2017 filings availableJaitech's Industries Private Limited reported revenue of ₹13,547 (down 70% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year. EBITDA fell 264% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹13,547 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.3 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹7.89 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Jaitech's Industries Private Limited, buy the company report.
Board of directors of Jaitech's Industries Private Limited
Jaitech's Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallasana Ramakrishnan Ramaswamy | Director | 15 Oct 2009 | 17 Years 0 Months | As last reported |
| Vishnampet Sitaraman Chidambaram Also directs: Mani Techno Services Private Limited | Director | 15 Oct 2009 | 17 Years 0 Months | As last reported |
Auditor
Jaitech's Industries Private Limited is audited by SUNDARAM & NARAYANAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNDARAM & NARAYANAN | FY 2017 | 004204S |
Shareholding
The shareholding of Jaitech's Industries Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Jaitech's Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 1998 | 90294620 | Indus Ind Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Jaitech's Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Jaitech's Industries Private 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 Jaitech's Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jaitech's Industries has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Jaitech's Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jaitech's Industries Private Limited, buy the company report.
Recent activity
Jaitech's Industries Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Pallasana Ramakrishnan Ramaswamy ceased to be Additional Director on 27 Aug 2010.
Frequently asked questions
Jaitech's Industries has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Jaitech's Industries was a private limited company based in Chennai, Tamil Nadu, India. The company worked in sports goods, within the musical instruments industry. It was incorporated on 12 February 1998 and is registered under CIN U35999TN1998PTC039887. The company has been struck off by the Registrar of Companies and is no longer operational.
Jaitech's Industries had 2 directors:
- Pallasana Ramakrishnan Ramaswamy - Director
- Vishnampet Sitaraman Chidambaram - Director
The CIN (Corporate Identification Number) of Jaitech's Industries is U35999TN1998PTC039887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jaitech's Industries is at 15 Srinivasa Perumal Sannathisecond Street Royapettah, Chennai, Tamil Nadu, India.
Jaitech's Industries was incorporated on 12 February 1998. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Jaitech's Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
No. Jaitech's Industries has 1 GST registration on record and it is cancelled or inactive.
Jaitech's Industries operated in the musical instruments industry, in the sports goods segment. It worked in this industry before it was struck off.
Pallasana Ramakrishnan Ramaswamy ceased to be Additional Director on 27 Aug 2010. Vishnampet Sitaraman Chidambaram ceased to be Additional Director on 27 Aug 2010. Guru Subramaniam ceased to be Director on 27 Oct 2009. Jaitech's Industries has 6 board changes on record in total.
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