MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-30-0001647
Jay Iron and Steels Limited - metals and minerals in Raghunathapali, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹150.53 Cr
▲ 6% YoY
Net profit · FY 2024
₹1.58 Cr
Net margin 1%
EBITDA · FY 2024
₹4.03 Cr
EBITDA margin 2.7%
Authorised capital
₹7.1 Cr
Registered with MCA
Paid-up capital
₹7.09 Cr
Issued & subscribed
Open charges
₹15.6 Cr
Satisfied ₹9.8 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
67
Provident fund records
About Jay Iron and Steels Limited
Data last updated:
Jay Iron and Steels Limited is a public limited company based in Raghunathapali, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2003PLC007293. Its GSTIN is 21AABCJ3067E1Z3 (Odisha).
The company has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹7.09 Cr. It is led by directors including Mannu Parsad and Ashwani Minda.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Raghunathapali, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹150.53 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Cr (net margin 1%) and EBITDA of ₹4.03 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.6 Cr and satisfied charges of ₹9.8 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 3 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹45.41 Cr; the latest was in March 2024. 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 Krishca Strapping Solutions Limited with revenue of ₹151.08 Cr.
Jay Iron and Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0001647). 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 U27102OR2003PLC007293
Registration Number 007293
Incorporation Date 01 September 2003
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-30-0001647
Recognitions & Rankings of Jay Iron and Steels
Contact details
Jay Iron and Steels Limited's registered office is in Raghunathapali, Odisha. Its website is jpmgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPo Balanda, Rourkela, Raghunathapali, Odisha, India – 770031
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Jay Iron and Steels Limited, buy the company report.
Comprehensive company report
Jay Iron and Steels 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
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Business activity
The main business activity of Jay Iron and Steels 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 Jay Iron and Steels Limited, buy the company report.
Financials of Jay Iron and Steels Limited
FY 2024 filings availableJay Iron and Steels Limited reported revenue of ₹150.53 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹150.53 Cr ▲ 6%
Net profit · FY 2024
₹1.58 Cr margin 1%
EBITDA · FY 2024
₹4.03 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 6% growth in the latest year. EBITDA rose 2% 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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| EBITDA | ₹4.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.58 Cr | ||||
| 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 | 2.7% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jay Iron and Steels Limited, buy the company report.
Board of directors of Jay Iron and Steels Limited
Jay Iron and Steels has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudh Minda Also directs: Jay Ushin Limited, Maa Samleswari Industries Private Limited, Jay Fe Cylinder and Technologies Private Limited and 5 more | Additional Director | 31 Mar 2025 | 1 Years 6 Months | Current |
| Mannu Parsad Also directs: JPM Farms Private Limited, Nalhati Food Products Private Limited, Jay Iber Private Limited and 5 more | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Ashwani Minda Also directs: Jay Ushin Limited, JPM Farms Private Limited, Nalhati Food Products Private Limited and 5 more | Director | 01 Sep 2003 | 23 Years 1 Months | Current |
| Vivek Kumar Bansal Also directs: Jay Fe Cylinders Limited, J P M Automobiles Limited, Jay Ace Technologies Limited and 1 more | Additional Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Jay Iron and Steels 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 |
|---|---|---|---|---|---|---|
| Krishca Strapping Solutions Limited | ₹151.08 Cr (FY 2025) | 43.0% | Thiruvallur, Tamil Nadu, India | |||
| Amiya Steel Private Limited | ₹150.92 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Powersol Metalcraft Limited | ₹150.87 Cr (FY 2025) | 1848.0% | Punjab, India | |||
| Jay Iron and Steels Limitedthis company | ₹150.53 Cr (FY 2024) | ₹1.58 Cr | 1% | 6.0% | 67 | Raghunathapali, Odisha, India |
| Anil Special Steel Industries Limited | ₹150.43 Cr (FY 2016) | -52.0% | Jaipur, Rajasthan, India | |||
| Thalaivar Steels Limited | ₹150.38 Cr (FY 2025) | 14.0% | Mahabub Nagar, Telangana, India | |||
| Bhawani Ferrous Private Limited | ₹150.37 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Kalliyath Steels Pvt Ltd | ₹149.65 Cr (FY 2025) | 35.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Jay Iron and Steels Limited, buy the company report.
Auditor
Jay Iron and Steels Limited is audited by JAIN SETH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SETH & CO. | FY 2022 | 002069W |
Shareholding
The shareholding of Jay Iron and Steels 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 Jay Iron and Steels Limited, buy the company report.
Charges & borrowings
Open charges
₹15.6 Cr
Satisfied charges
₹9.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2016 | 100046468 | Canara Bank | ₹45 Lakh | Open | |
| 24 Nov 2004 | 90080341 | Uco Bank | ₹15.15 Cr | Open | |
| 16 Jul 2012 | 10375000 | Central Bank of India | ₹9.8 Cr | Satisfied |
To see the full charge records of Jay Iron and Steels Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Jay Iron and Steels Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹45.41 Cr; the latest was in March 2024.
Total deals
11
Secondary share transfers
7
Funding rounds
4
Disclosed funding
₹45.41 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Electricals and Electronics (India) Ltd. , 2 individuals Seller: Octal Commodities Pvt. Ltd. , Weldon Vanijya Pvt Ltd , 2 individuals |
| Mar 2014 | Funding round | ₹16.38 Cr | Investors: Suhana Marketing Private Limited , Heaven Suppliers Private Limited , Aristro Fincorp Private Limited |
| Mar 2011 | Funding round | ₹8.7 Cr | Investors: Sanyog Vyapaar Pvt Ltd , Octal Commodities Pvt. Ltd. , Weldon Vanijya Pvt Ltd |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: Heaven Suppliers Private Limited , Panchmukhi Management Services Private Limited Seller: Festino Agencies Pvt Ltd , Malavika Merchants Pvt Ltd , Eversite Commodities Pvt Ltd |
| Dec 2009 | Funding round | ₹50 Lakh | Investors: Eversite Commodities Pvt Ltd , Festino Agencies Pvt Ltd , Malavika Merchants Pvt Ltd |
To see the full deal history of Jay Iron and Steels 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 Iron and Steels Limited has 8 court cases on record: 5 filed by Jay Iron and Steels, 3 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 4 | 0 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against Odisha Mining Corporation Ltd. and 3 others | Pending |
| High Court of Orissa | Writ petition | Filed by the company against State Pollution Control Board, Bhubaneswar | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
| District court, Sundargarh, Orissa | Civil suit | Filed by the company against an individual | Disposed |
| District court, Sundargarh, Orissa | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Jay Iron and Steels 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 Jay Iron and Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jay Iron and Steels Limited has a workforce of 67 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
-1.47%
GST
Jay Iron and Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCJ3067E1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jay Iron and Steels Limited, buy the company report.
Recent activity
Jay Iron and Steels Limited has 10 board changes on record since 2003: 5 appointments and 5 cessations. The latest: Vivek Kumar Bansal was appointed as Additional Director on 20 Aug 2025.
Appointed
Vivek Kumar Bansal was appointed as Additional Director.
Appointed
Anirudh Minda was appointed as Additional Director.
AGM
Jay Iron And Steels Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Jay Iron And Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Ceased
Jai Deo Prasad Minda ceased to be Director.
Ceased
Mannu Parsad ceased to be Additional Director.
Ceased
Partap Singh Mahal ceased to be Additional Director.
Appointed
Partap Singh Mahal was appointed as Director.
Appointed
Mannu Parsad was appointed as Director.
Charges
A charge registered on 16 Jul 2012 via Charge ID 10375000 with Central Bank Of India was fully satisfied on 21 Jan 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.45 Cr with Charge ID 100046468 was registered on 22 Jul 2016.
Ceased
Anil Minda ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Jay Iron and Steels is an active public limited company based in Raghunathapali, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 September 2003 (23+ years old) and is registered under CIN U27102OR2003PLC007293.
Jay Iron and Steels has 4 current directors:
- Anirudh Minda - Additional Director
- Mannu Parsad - Director
- Ashwani Minda - Director
- Vivek Kumar Bansal - Additional Director
The latest financial statements of Jay Iron and Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jay Iron and Steels is 21AABCJ3067E1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Jay Iron and Steels is U27102OR2003PLC007293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jay Iron and Steels has 8 court cases on record: 5 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Jay Iron and Steels was incorporated on 01 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.
Jay Iron and Steels has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹45.41 Cr; the latest was in March 2024.
The peers of Jay Iron and Steels by revenue are Krishca Strapping Solutions Limited, Amiya Steel Private Limited, Powersol Metalcraft Limited, Anil Special Steel Industries Limited, Thalaivar Steels Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Vivek Kumar Bansal was appointed as Additional Director on 20 Aug 2025. Anirudh Minda was appointed as Additional Director on 31 Mar 2025. Jai Deo Prasad Minda ceased to be Director on 20 Sep 2023. Jay Iron and Steels has 10 board changes on record in total.
Yes, Jay Iron and Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-30-0001647).