About Jaysynth Impex Private Limited
Data last updated:
Jaysynth Impex Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 25 April 1969.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29200MH1969PTC014266. Its GSTIN is 27AAACJ7732K1ZB (Maharashtra). The company held 5 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹25 Lakh. It was formerly known as Jaysynth Impex Limited and Universal Hing Supplying Company Private Limited. It was led by directors including Nikhil Sharadchandra Kothari (Managing Director) and Parag Sharadchandra Kothari.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at E – 16 Everesttardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.33 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 4.4%) and EBITDA of ₹4.18 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company had about 66 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹15.97 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it.
The last known website on record is jaysynth.com.
Company details
Name history
Jaysynth Impex has undergone 2 name changes throughout its history. The company was previously known as Jaysynth Impex Limited, and Universal Hing Supplying Company Private Limited. The current legal name is Jaysynth Impex Private Limited.
| Company Name | Status |
|---|---|
| Jaysynth Impex Private Limited | Current |
| Jaysynth Impex Limited | Previous |
| Universal Hing Supplying Company Private Limited | Previous |
CIN history
Jaysynth Impex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29200MH1969PTC014266, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29200MH1969PTC014266 | Current |
| L29200MH1969PLC014266 | Previous |
| U29200MH1969PLC014266 | Previous |
Contact details
Jaysynth Impex Private Limited's registered office is in Mumbai, Maharashtra. Its website is jaysynth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 16 Everesttardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Jaysynth Impex Private 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
Business activity
The main business activity of Jaysynth Impex 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 |
To see the full business activity and turnover split of Jaysynth Impex Private Limited, buy the company report.
Financials of Jaysynth Impex Private Limited
FY 2023 filings availableJaysynth Impex Private Limited reported revenue of ₹54.33 Cr (down 12% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 57% 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 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 | ₹54.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.41 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| 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 Jaysynth Impex Private Limited, buy the company report.
Board of directors of Jaysynth Impex Private Limited
Jaysynth Impex has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Sharadchandra Kothari Also directs: Jaysynth Orgochem Limited, Bharti Polytex Private Limited, Bharti Twisters Private Limited and 5 more | Director | 14 Jul 2001 | 25 Years 3 Months | As last reported |
| Nikhil Sharadchandra Kothari Also directs: Jaysynth Orgochem Limited, Zessa Wellsol Private Limited, Bharti Polytex Private Limited and 5 more | Managing Director | 14 Jul 2001 | 25 Years 3 Months | As last reported |
| Deven Parag Kothari Also directs: Jaysynth Orgochem Limited, Jay Chemi Colour Private Limited, Shoorji Colour Company Private Limited and 3 more | Director | 21 May 2013 | 13 Years 5 Months | As last reported |
Peer comparison
Jaysynth Impex Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultramarine Specialty Chemicals Limited | ₹55.2 Cr (FY 2025) | 46.0% | Chennai, Tamil Nadu, India | |||
| Jemby Chem Limited | ₹54.6 Cr (FY 2024) | 33.0% | Ahmedabad, Gujarat, India | |||
| Orio Speciality Colours Private Limited | ₹54.47 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Jaysynth Impex Private Limitedthis company | ₹54.33 Cr (FY 2023) | ₹2.41 Cr | 4.4% | -12.0% | 66 | Mumbai, Maharashtra, India |
| Orgo Chem Private Limited | ₹54.21 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Veeraco Colourants Private Limited | ₹53.81 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Mamta Texdyes Private Limited | ₹53.19 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Parshwanath Dyechem Industries Private Limited | ₹52.87 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Jaysynth Impex Private Limited, buy the company report.
Auditor
Jaysynth Impex Private Limited is audited by Maganlal & Ajay Mehta for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maganlal & Ajay Mehta | FY 2023 | 105730W |
Shareholding
The shareholding of Jaysynth Impex 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 Jaysynth Impex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2021 | 100482756 | Others | ₹25.8 Lakh | Satisfied | |
| 11 Jun 2001 | 80004152 | Syndicate Bank | ₹2.35 Cr | Satisfied | |
| 09 Mar 1994 | 80054860 | Bharti Polytex Private Limited | ₹2 Cr | Satisfied | |
| 16 Dec 1993 | 80054952 | Bharti Polytex Private Limited | ₹3.5 Cr | Satisfied | |
| 26 Oct 1993 | 80052129 | Bharti Polytex Private Limited | ₹5.5 Cr | Satisfied |
To see the full charge records of Jaysynth Impex Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Jaysynth Impex Private Limited has 8 court cases on record: 7 filed by Jaysynth Impex, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Knitcraft Apparels International (P) Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Knitcraft Apparels International (P) Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M/S. Gurudev Textiles Processors Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S. Hastkamal Texchem P. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S. Gurudev Textiles Processors Pvt. Ltd. | Disposed |
To see the full case history of Jaysynth Impex 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
Jaysynth Impex Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 311 overdue payments to 44 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Maruti Dyestuff | |||
| an individual supplier | |||
| Vishrudh Organics Private Limited | |||
| Shrill Organic Industries |
To see the full MSME payment records of Jaysynth Impex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Jaysynth Impex has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Jaysynth Impex Private Limited has a workforce of 66 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Jaysynth Impex has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ7732K1ZB | Maharashtra | Active | 01 Jul 2017 |
| 24AAACJ7732K1ZH | Gujarat | Active | 01 Jul 2017 |
| 33AAACJ7732K1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jaysynth Impex Private Limited, buy the company report.
Recent activity
Jaysynth Impex Private Limited has 11 board changes on record since 2001: 3 appointments and 8 cessations. The latest: Jay Kulin Manek ceased to be Director on 30 Sep 2016.
43 earlier events are in the company report.
Frequently asked questions
Jaysynth Impex has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Jaysynth Impex was a private limited company based in Mumbai, Maharashtra, India. The company worked in dyes and pigments, within the chemicals and materials industry. It was incorporated on 25 April 1969 and is registered under CIN U29200MH1969PTC014266. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Jaysynth Impex was incorporated on 25 April 1969. It is registered with the Registrar of Companies, Mumbai.
Jaysynth Impex had 3 directors:
- Nikhil Sharadchandra Kothari - Managing Director
- Parag Sharadchandra Kothari - Director
- Deven Parag Kothari - Director
The CIN (Corporate Identification Number) of Jaysynth Impex is U29200MH1969PTC014266. 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 Jaysynth Impex is at E – 16 Everesttardeo Road, Mumbai, Maharashtra, India – 400034.
Jaysynth Impex can be reached through the website jaysynth.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Jaysynth Impex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Jaysynth Impex is 27AAACJ7732K1ZB, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACJ7732K1ZH (Gujarat), 33AAACJ7732K1ZI (Tamil Nadu).
Jaysynth Impex operated in the chemicals and materials industry, in the dyes and pigments segment.
The peers of Jaysynth Impex by revenue are Ultramarine Specialty Chemicals Limited, Jemby Chem Limited, Orio Speciality Colours Private Limited, Orgo Chem Private Limited, Veeraco Colourants Private Limited and 2 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jaysynth Impex has 12 MSME Form 1 returns on record between 2019 and 2023, listing 311 overdue payments to 44 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
