About Jay Polychem India Limited
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Jay Polychem India Limited was a public limited company based in New Delhi, Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 08 July 1991.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL1991PLC044884. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹95.91 Cr. It was formerly known as Jay Polychem (India) Private Limited. It was led by directors including Inderpal Singh Sandhu and Neelima Goel.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at B – 115 Ground Floor Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2015, the company reported a revenue of ₹2,923.38 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹129.92 Cr (net margin -4.4%) and EBITDA of -₹42.64 Cr (EBITDA margin -1.5%).
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹2,507.51 Cr and satisfied charges of ₹2,119.17 Cr on record. Court records list 75 cases involving the company, including 27 filed by the company and 48 filed against it; 19 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹315 Cr; the latest was in March 2013. Its 10 peer companies in the Chemicals industry (Chemical Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Veritas (India) Limited with revenue of ₹4,103.92 Cr.
The last known website on record is jaypolychem.com.
Company details
Contact details
Jay Polychem India Limited's registered office is in New Delhi, Delhi. Its website is jaypolychem.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB – 115 Ground Floor Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Jay Polychem India 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 Jay Polychem India Limited
FY 2015 filings availableJay Polychem India Limited reported revenue of ₹2,923.38 Cr (up 2% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. EBITDA fell 137% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2,923.38 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹42.64 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹129.92 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -1.5% |
| Net Profit Margin | -4.4% |
| 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 Jay Polychem India Limited, buy the company report.
Board of directors of Jay Polychem India Limited
Jay Polychem India has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inderpal Singh Sandhu | Director | 05 Sep 2013 | 13 Years 1 Months | As last reported |
| Neelima Goel | Director | 06 Aug 2015 | 11 Years 2 Months | As last reported |
| Sandeep Singh Madhok | Director | 01 May 2006 | 20 Years 5 Months | As last reported |
| Harpreet Singh | Director | 01 Oct 2015 | 11 Years 0 Months | As last reported |
| Mamta | Director | 19 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Jay Polychem India Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veritas (India) Limited | ₹4,103.92 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Pon Pure Chemical India Private Limited | ₹3,751.88 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Tegral India Private Limited | ₹3,591.82 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Jupiter Dye Chem Private Limited | ₹3,363.54 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Sanjay Chemicals (India) Private Limited | ₹3,222.39 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Jay Polychem India Limitedthis company | ₹2,923.38 Cr (FY 2015) | -₹129.92 Cr | -4.4% | 2.0% | New Delhi, Delhi, India | |
| Chandigarh Distillers and Bottlers Limited | ₹2,783.62 Cr (FY 2025) | 90.0% | S A S Nagar, Punjab, India | |||
| Sindhu Trade Links Limited | ₹2,292.7 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Shiv Texchem Limited | ₹2,204.8 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Hella Chemical Market Private Limited | ₹2,191.57 Cr (FY 2023) | 11.0% | Thane, Maharashtra, India | |||
| Tricon Energy India Private Limited | ₹2,179.12 Cr (FY 2025) | 47.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jay Polychem India Limited, buy the company report.
Auditor
Jay Polychem India Limited is audited by RAJ ARYAN & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ ARYAN & ASSOCIATES | FY 2015 | 021823N |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2015 | 10601905 | Andhra Bank | ₹77 Cr | Open | |
| 31 Mar 2015 | 10568874 | Corporation Bank | ₹36.75 Cr | Open | |
| 31 Dec 2014 | 10553171 | Others | ₹15 Cr | Open | |
| 31 Dec 2014 | 10553174 | Others | ₹1.9 Cr | Open | |
| 31 Dec 2014 | 10550052 | Bank of India | ₹196 Cr | Open |
To see the full charge records of Jay Polychem India Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Jay Polychem India Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹315 Cr; the latest was in March 2013.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Jay Madhok Holdings Private Limited Seller: Jay Tel Mobile Private Limited , Jaspark Speciality Chemicals Private Limited , 2 individuals |
| Mar 2012 | Funding round | ₹157.97 Cr | Investors: Jay Natural Resources India Private Limited , Jay Power Infrastructures Private Limited , Jay Platinum Land Private Limited. |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2007 | Funding round | ₹24 Cr | Investors: 4 individuals |
To see the full deal history of Jay Polychem India 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 Polychem India Limited has 75 court cases on record: 27 filed by Jay Polychem India, 48 filed against it. 19 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 24 | 7 |
| High courts | 36 | 21 | 11 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Se Investment Ltd. | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by M/S Paisalo Digital Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against M/S S E Investment Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Factors Ltd. | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Omni Media Communications Pvt Ltd | Disposed |
To see the full case history of Jay Polychem India 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 Polychem India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jay Polychem India has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jay Polychem India Limited, buy the company report.
Recent activity
Jay Polychem India Limited has 20 board changes on record since 2006: 5 appointments and 15 cessations. The latest: Neelima Goel ceased to be Director on 30 Dec 2015.
108 earlier events are in the company report.
Frequently asked questions
Jay Polychem India has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Jay Polychem India was a public limited company based in New Delhi, Delhi, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 08 July 1991 and is registered under CIN U72300DL1991PLC044884. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Jay Polychem India was incorporated on 08 July 1991. It is registered with the Registrar of Companies, Delhi.
Jay Polychem India had 5 directors:
- Inderpal Singh Sandhu - Director
- Neelima Goel - Director
- Sandeep Singh Madhok - Director
- Harpreet Singh - Director
- Mamta - Director
The CIN (Corporate Identification Number) of Jay Polychem India is U72300DL1991PLC044884. 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 Jay Polychem India is at B – 115 Ground Floor Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
Jay Polychem India can be reached through the website jaypolychem.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Jay Polychem India on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Jay Polychem India has 7 GST registrations on record and all of them are cancelled or inactive.
Jay Polychem India operated in the chemicals and materials industry, in the chemical distribution and retail segment.
Jay Polychem India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹315 Cr; the latest was in March 2013.