Jay Formulations Ltd, a active public limited company, was established on 15 June 1988 in Ahmedabad, Gujarat, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U17119GJ1988PLC010855. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.05 Cr and a paid-up capital of ₹2.00 Cr.
Formerly known as Bhavik Textiles Pvt Ltd. It upholds a compliant status. Its leadership includes Hemant Bhogilal Mehta (Additional Director), Hitendra Nihalchand Mehta (Additional Director), Darshan Bhogilal Mehta (Additional Director). Past directors included Maheshbhai Jivrambhai Patel, Rakshit Ashwinbhai Patel, Komal Rakshit Patel. It holds ₹73.81 Cr open charges and ₹1.30 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 13 First Floor Harikrishnacomplex B/H Dipalee Cinema Ashram Road, Ahmedabad, Gujarat, 380009.
U17119GJ1988PLC010855
010855
15 June 1988
₹3.05 Cr
₹2.00 Cr
Roc Ahmedabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hemant Bhogilal Mehta | Additional Director | 05 May 2025 | Current |
| Hitendra Nihalchand Mehta | Additional Director | 05 May 2025 | Current |
| Darshan Bhogilal Mehta | Additional Director | 05 May 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 31 Jul 2014 | Past |
| Pramod Abcsdd | Director | 01 Jul 2013 | Past |
| Pramod Abcsdd | Additional Director | 23 Dec 2019 | Past |
| Pramod Abcsdd | Irp/Rp/Liquidator | 16 Jun 2025 | Past |
| Pramod Abcsdd | Director | 17 Jun 2013 | Past |
| Pramod Abcsdd | Director | 12 Aug 2014 | Past |
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Jay Formulations Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 10.63% increase. The company also saw a substantial fall in profitability, with a 1694.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 115.25%.
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In 2019, Jay Formulations had a promoter holding of 58.96% and a public holding of 41.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹738,064,977.00
₹1,300,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2021 | Sidbi | ₹2.80 Cr | Open |
| 02 Jan 2021 | Tata Capital Financial Services Limited | ₹1.24 Cr | Open |
| 08 Sep 2020 | Others | ₹1.25 M | Open |
| 30 Jul 2020 | Others | ₹1.24 M | Open |
| 24 Jul 2020 | Sidbi | ₹2.80 Cr | Open |
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Progress on Hemant Bhogilal Mehta was appointed as a Additional Director was appointed as a Additional Director on 05 May 2025 & has been associated with this company since 7 months 14 days . was documented.
Progress on Hitendra Nihalchand Mehta was appointed as a Additional Director was appointed as a Additional Director on 05 May 2025 & has been associated with this company since 7 months 14 days . was documented.
Darshan Bhogilal Mehta was appointed as a Additional Director was appointed as a Additional Director on 05 May 2025 & has been associated with this company since 7 months 14 days . was recorded as a recent event.
Jay Formulations Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Jay Formulations Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.
Progress on A charge with Sidbi amounted to Rs. 2.80 Cr with Charge ID 100406695 was registered on 08 Jan 2021. was documented.
The CIN of Jay Formulations Ltd is U17119GJ1988PLC010855.
Jay Formulations Ltd is headquartered at 13 First Floor Harikrishnacomplex B/H Dipalee Cinema Ashram Road, Ahmedabad, Gujarat, 380009.
Jay Formulations Ltd was incorporated on 15 June 1988.
The current directors of Jay Formulations Ltd are
The primary industry of Jay Formulations Ltd is Manufacturing.
Jay Formulations Ltd is unlisted.
The authorized capital of Jay Formulations Ltd is ₹3.05 Cr, and the paid-up capital is ₹2.00 Cr.
The compliance status of Jay Formulations Ltd is Compliant.
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