MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-06-0013683
Jay Ace Technologies Limited - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹79.63 Cr
▲ 33% YoY
Net profit · FY 2024
₹49.51 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹11.16 Cr
EBITDA margin 14%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹49.38 Cr
Issued & subscribed
Open charges
₹50.85 Cr
Satisfied ₹216.87 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
162
Provident fund records
About Jay Ace Technologies Limited
Data last updated:
Jay Ace Technologies Limited is a public limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24100DL2009PLC192692. Its GSTIN is 07AACCJ2030N1ZO (Delhi). The company holds 19 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹49.38 Cr. It is led by directors including Bharat Bhushan Mathur and Prashant Kumar Sharma.
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 Gi – 48 G.T.Karnal Road Industrial Area, Delhi, India – 110033.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.63 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹49.51 Lakh (net margin 0.6%) and EBITDA of ₹11.16 Cr (EBITDA margin 14%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50.85 Cr and satisfied charges of ₹216.87 Cr on record. Court records list 151 cases involving the company, including 117 filed by the company and 34 filed against it; 78 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹65.27 Cr; the latest was in March 2020. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Shinkwang Electronics Private Limited with revenue of ₹81.24 Cr.
Jay Ace Technologies Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0013683). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jpmgroup.co.in.
Company details
CIN U24100DL2009PLC192692
Registration Number 192692
Incorporation Date 29 July 2009
ROC Delhi
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 Medium
Udyam Registration UDYAM-UK-06-0013683
Recognitions & Rankings of Jay Ace Technologies
Contact details
Jay Ace Technologies Limited's registered office is in Delhi, Delhi. Its website is jpmgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGi – 48 G.T.Karnal Road Industrial Area, Delhi, India – 110033
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Jay Ace Technologies Limited, buy the company report.
Comprehensive company report
Jay Ace Technologies 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 Jay Ace Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Jay Ace Technologies Limited, buy the company report.
Financials of Jay Ace Technologies Limited
FY 2024 filings availableJay Ace Technologies Limited reported revenue of ₹79.63 Cr (up 33% YoY) for FY 2024.
Revenue · FY 2024
₹79.63 Cr ▲ 33%
Net profit · FY 2024
₹49.51 Lakh margin 0.6%
EBITDA · FY 2024
₹11.16 Cr margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 8%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 187%
3 years · compounded
▼ 6%
5 years · compounded
▼ 5%
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 187% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹11.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jay Ace Technologies Limited, buy the company report.
Board of directors and KMP of Jay Ace Technologies Limited
Jay Ace Technologies Limited currently reports 3 directors and 1 key managerial person. 20 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Garg Also directs: Shree Vinayak Trading Co.Private Limited | Cfo | 01 Aug 2020 | 6 Years 2 Months | Current |
| Bharat Bhushan Mathur Also directs: Shree Vinayak Trading Co.Private Limited, JJF Castings Limited, JPM Power Limited and 5 more | Director | 23 Jun 2021 | 5 Years 4 Months | Current |
| Prashant Kumar Sharma Also directs: JPM Energy Solutions Private Limited, JPM Industries Limited, JPM Auto Industries Private Limited and 2 more | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Vivek Kumar Bansal | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Jay Ace Technologies Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shinkwang Electronics Private Limited | ₹81.24 Cr (FY 2025) | 49.0% | Delhi, India | |||
| Apex Luminaires Private Limited | ₹80.46 Cr (FY 2024) | 19.0% | Bangalore, Karnataka, India | |||
| Sam Cables and Conductors Private Limited | ₹80.2 Cr (FY 2017) | 10.0% | Uttarakhand, India | |||
| Jay Ace Technologies Limitedthis company | ₹79.63 Cr (FY 2024) | ₹49.51 Lakh | 0.6% | 33.0% | 162 | Delhi, India |
| KWW Electricals & Electronics Private Limited | ₹78.99 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Avm Appliances Private Limited | ₹76.67 Cr (FY 2024) | 19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jay Ace Technologies Limited, buy the company report.
Auditor
Jay Ace Technologies Limited is audited by KANCHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANCHAN & ASSOCIATES | FY 2023 | 013213N |
Shareholding
The shareholding of Jay Ace Technologies 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jay Ace Technologies Limited, buy the company report.
Charges & borrowings
Open charges
₹50.85 Cr
Satisfied charges
₹216.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2024 | 100901666 | Others | ₹30.85 Cr | Open | |
| 28 Feb 2024 | 100874385 | Others | ₹20 Cr | Open | |
| 01 Apr 2019 | 100259437 | Others | ₹5 Cr | Satisfied | |
| 26 May 2017 | 100142045 | Others | ₹15 Cr | Satisfied | |
| 25 May 2017 | 100115358 | Hdfc Bank Limited | ₹37 Cr | Satisfied |
To see the full charge records of Jay Ace Technologies Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Jay Ace Technologies Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹65.27 Cr; the latest was in March 2020.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹65.27 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: JPM Gas Limited Seller: J A Builders Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Electricals and Electronics (India) Ltd. , 2 individuals Seller: Eversite Commodities Pvt Ltd , Goodfaith Pharmaceutical Private Limited , Active Suppliers Pvt Ltd , an individual |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: JPM Gas Limited , Electricals and Electronics (India) Ltd. Seller: JPM Industries Limited , Anu Industries Limited |
| Nov 2013 | Funding round | ₹45.87 Cr | Investors: Suhana Marketing Private Limited , JPM Industries Limited , Manish Merchants Proxima West Private Limited |
| Mar 2012 | Funding round | ₹19.2 Cr | Investors: Manish Merchants Proxima West Private Limited, Heaven Suppliers Private Limited , Panchmukhi Management Services Private Limited |
To see the full deal history of Jay Ace Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jay Ace Technologies Limited has 151 court cases on record: 117 filed by Jay Ace Technologies, 34 filed against it. 78 cases are pending and 73 are disposed.
Total cases
151
Filed by the company
117
Filed against the company
34
Pending
78
Disposed
73
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 133 | 19 | 75 |
| High courts | 13 | 11 | 1 |
| NCLT | 3 | 2 | 0 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 151)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Statcon Energiaa Pvt Ltd | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by J.B Ware Housing and Trading Ltd | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Superflow Cooling Towers Private Limited | Pending |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed against the company by Uttarakhand Power Corporation Ltd and 1 other | Pending |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by Ms JB Warehousing Trading Ltd | Pending |
To see the full case history of Jay Ace Technologies 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.
Credit ratings & regulatory alerts
Jay Ace Technologies Limited was last rated by Care on 16 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Mar 2022 |
To see the full credit ratings and regulatory alerts of Jay Ace Technologies Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jay Ace Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jay Ace Technologies Limited has a workforce of 162 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
Employee count
162
Active EPFO establishments
2
Employee growth
10.2%
GST
Jay Ace Technologies has 19 GST registrations: 10 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
10
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCJ2030N1ZO | Delhi | Active | 01 Jul 2017 |
| 05AACCJ2030N1ZS | Uttarakhand | Active | 01 Jul 2017 |
| 06AACCJ2030N1ZQ | Haryana | Active | 01 Jul 2017 |
| 08AACCJ2030N1ZM | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jay Ace Technologies Limited, buy the company report.
Recent activity
Jay Ace Technologies Limited has 19 board changes on record since 2012: 4 appointments and 15 cessations. The latest: Prashant Kumar Sharma ceased to be Additional Director on 26 Sep 2025.
Ceased
Prashant Kumar Sharma ceased to be Additional Director.
Ceased
Vivek Kumar Bansal ceased to be Additional Director.
Ceased
Suresh Khola ceased to be Director.
Ceased
Partap Singh Mahal ceased to be Director.
Appointed
Prashant Kumar Sharma was appointed as Director.
Appointed
Vivek Kumar Bansal was appointed as Director.
Charges
A charge with Others of Rs. 20.00 Cr registered on 28 Feb 2024 with Charge ID 100874385 was modified on 28 Jan 2025.
Ceased
Himanshu Kansal ceased to be CEO.
AGM
Jay Ace Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.85 Cr with Charge ID 100901666 was registered on 04 Apr 2024.
Filing
Jay Ace Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 25 May 2017 via Charge ID 100115358 with Hdfc Bank Limited was fully satisfied on 07 Mar 2024.
28 earlier events are in the company report.
Frequently asked questions
Jay Ace Technologies is an active public limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 July 2009 (17+ years old) and is registered under CIN U24100DL2009PLC192692.
Jay Ace Technologies has 4 current directors and KMP:
- Bharat Bhushan Mathur - Director
- Prashant Kumar Sharma - Director
- Vivek Kumar Bansal - Director
- Vinod Garg - Cfo
The latest financial statements of Jay Ace Technologies 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 Jay Ace Technologies is 07AACCJ2030N1ZO, registered in Delhi. The company has 19 GST registrations in all, of which 10 are active and 9 are cancelled or inactive. Other active GSTINs include 05AACCJ2030N1ZS (Uttarakhand), 06AACCJ2030N1ZQ (Haryana), 08AACCJ2030N1ZM (Rajasthan).
The CIN (Corporate Identification Number) of Jay Ace Technologies is U24100DL2009PLC192692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jay Ace Technologies has 151 court cases on record: 117 filed by the company and 34 filed against it. 78 are pending. Most are in the district courts.
Jay Ace Technologies was incorporated on 29 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Jay Ace Technologies has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹65.27 Cr; the latest was in March 2020.
The peers of Jay Ace Technologies by revenue are Shinkwang Electronics Private Limited, Apex Luminaires Private Limited, Sam Cables and Conductors Private Limited, KWW Electricals & Electronics Private Limited, Avm Appliances Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Prashant Kumar Sharma ceased to be Additional Director on 26 Sep 2025. Vivek Kumar Bansal ceased to be Additional Director on 26 Sep 2025. Suresh Khola ceased to be Director on 23 Aug 2025. Jay Ace Technologies has 19 board changes on record in total.
Yes, Jay Ace Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-06-0013683).