India's Richest People 2026 edition · 1 director · Source: Hurun India
- #893 Jayesh P Choksi & family ₹3,300 Cr
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Open charges
₹1.21 Cr
Satisfied ₹20.69 Lakh
Company age
53 yrs
Est. 1973
Directors on board
4
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting
About Jal Private Limited
Data last updated:
Jal Private Limited is a private limited company based in Kabilpore, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 April 1973 and has been in existence for over 53 years.
Its director Jayesh P Choksi and family are #893 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ1973PTC002258. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.1 Lakh. It was formerly known as Jal Limited. It is led by directors including Pankaj Jayakumar Gandhi and Jayesh Pannalal Choksi.
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 National Highway No. 8 Dist. Navsari, Kabilpore, Gujarat, India – 396445.
As per MCA filings, the company has open charges of ₹1.21 Cr and satisfied charges of ₹20.69 Lakh on record. Court records list 41 cases involving the company, including 7 filed by the company and 34 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website guficbio.com.
Company details
CIN U24230GJ1973PTC002258
Registration Number 002258
Incorporation Date 12 April 1973
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Jal has one previous CIN (Corporate Identification Number): U24230GJ1973PLC002258. The current CIN is U24230GJ1973PTC002258, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230GJ1973PTC002258 | Current |
| U24230GJ1973PLC002258 | Previous |
Key People
Pankaj Jayakumar Gandhi Director Jayesh Pannalal Choksi Director Pranav Jayesh Choksi Director Recognitions & Rankings of Jal
Contact details
Jal Private Limited's registered office is in Kabilpore, Gujarat. Its website is guficbio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNational Highway No. 8 Dist. Navsari, Kabilpore, Gujarat, India – 396445
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Jal Private Limited, buy the company report.
Comprehensive company report
Jal 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Jal is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
Financials of Jal Private Limited
FY 2024 filings availableFinancial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 Jal Private Limited, buy the company report.
Board of directors of Jal Private Limited
Jal has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Jayakumar Gandhi Also directs: Gufic Biosciences Limited, Gufic Chem Private Limited, Gufic Private Limited and 1 more | Director | 28 Mar 2017 | 9 Years 6 Months | Current |
| Jayesh Pannalal Choksi | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Pranav Jayesh Choksi | Director | 01 Oct 2004 | 22 Years 0 Months | Current |
| Vipula Jayesh Choksi Also directs: Gufic Chem Private Limited, Gufic Private Limited, Zircon Teconica Private Limited and 2 more | Director | 01 Mar 1998 | 28 Years 7 Months | Current |
Auditor
Jal Private Limited is audited by MITTAL AGARWAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITTAL AGARWAL & COMPANY | FY 2023 | 131025W |
Shareholding
The shareholding of Jal Private 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 Jal Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.21 Cr
Satisfied charges
₹20.69 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 1996 | 90098420 | Dena Bank | ₹1.01 Cr | Open | |
| 11 Sep 1990 | 90097431 | Indian Bank | ₹20 Lakh | Open | |
| 04 Sep 1984 | 90097143 | Dena Bank | ₹12 Lakh | Satisfied | |
| 02 Jul 1984 | 90097138 | Dena Bank | ₹5 Lakh | Satisfied | |
| 22 Apr 1983 | 90097114 | Dena Bank | ₹3.69 Lakh | Satisfied |
To see the full charge records of Jal Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Jal Private Limited has 41 court cases on record: 7 filed by Jal, 34 filed against it. 10 cases are pending and 31 are disposed.
Total cases
41
Filed by the company
7
Filed against the company
34
Pending
10
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 18 | 5 |
| District courts | 18 | 16 | 5 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Bses Yamuna Power Ltd and 1 other | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Bses Yamuna Power Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Hilla Builders Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Hilla Builders Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Rajesh Indulkar, the Chief Promoter of Swatantra Nagar Sra Co Op. HSG. So. Ltd | Pending |
To see the full case history of Jal 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 Jal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jal has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Jal Private Limited, buy the company report.
Recent activity
Jal Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Jayesh Pannalal Choksi was appointed as Director on 20 Dec 2018.
AGM
Jal Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Jal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Jayesh Pannalal Choksi was appointed as Director.
Charges
A charge registered on 04 Sep 1984 via Charge ID 90097143 with Dena Bank was fully satisfied on 10 Dec 2018.
Charges
A charge registered on 02 Jul 1984 via Charge ID 90097138 with Dena Bank was fully satisfied on 10 Dec 2018.
Charges
A charge registered on 22 Apr 1983 via Charge ID 90097114 with Dena Bank was fully satisfied on 10 Dec 2018.
Appointed
Pankaj Jayakumar Gandhi was appointed as Director.
Appointed
Pranav Jayesh Choksi was appointed as Director.
Appointed
Vipula Jayesh Choksi was appointed as Director.
Charges
A charge with Dena Bank amounted to Rs. 101.00 Lakh with Charge ID 90098420 was registered on 11 Jun 1996.
Charges
A charge with Indian Bank amounted to Rs. 20.00 Lakh with Charge ID 90097431 was registered on 11 Sep 1990.
Charges
A charge with Dena Bank of Rs. 12.00 Lakh registered on 04 Sep 1984 with Charge ID 90097143 was modified on 24 Jan 1990.
4 earlier events are in the company report.
Frequently asked questions
Jal is an active private limited company based in Kabilpore, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 April 1973 (53+ years old) and is registered under CIN U24230GJ1973PTC002258.
Jal has 4 current directors:
- Pankaj Jayakumar Gandhi - Director
- Jayesh Pannalal Choksi - Director
- Pranav Jayesh Choksi - Director
- Vipula Jayesh Choksi - Director
The latest financial statements of Jal 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.
No. Jal has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jal is U24230GJ1973PTC002258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jal has 41 court cases on record: 7 filed by the company and 34 filed against it. 10 are pending. Most are in the high courts.
Jal was incorporated on 12 April 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayesh Pannalal Choksi was appointed as Director on 20 Dec 2018. Pankaj Jayakumar Gandhi was appointed as Director on 28 Mar 2017. Pranav Jayesh Choksi was appointed as Director on 01 Oct 2004. Jal has 4 board changes on record in total.
Jal can be reached through the website guficbio.com. Its registered office is in Kabilpore, Gujarat, India.
The registered office of Jal is at National Highway No. 8 Dist. Navsari, Kabilpore, Gujarat, India – 396445.