Jaysynth Impex Private Limited

Jaysynth Impex Private Limited - chemicals and materials in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U29200MH1969PTC014266 Incorporated 25 April 1969 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2023
₹54.33 Cr
▼ 12% YoY
Net profit · FY 2023
₹2.41 Cr
Net margin 4.4%
EBITDA · FY 2023
₹4.18 Cr
EBITDA margin 7.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹15.97 Cr
No open charges
Company age
57 yrs
Est. 1969
Employees · EPFO
66
Provident fund records

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 7 cases involving the company, including 6 filed by the company and 1 filed against it.

The last known website on record is jaysynth.com.

Company Details of Jaysynth Impex Private Limited
CIN U29200MH1969PTC014266
Registration Number 014266
Incorporation Date 25 April 1969
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Key People
Nikhil Sharadchandra Kothari Managing Director Parag Sharadchandra Kothari Director Deven Parag Kothari Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    jaysynth.com
  • Social Media
    Locked
  • Registered Address
    E – 16 Everesttardeo Road, Mumbai, Maharashtra, India – 400034
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants
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Financials, compliance, directors, charges, ownership and filings for Jaysynth Impex Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Jaysynth Impex Private Limited

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Jaysynth Impex Private Limited FY 2023 filings available

Jaysynth Impex Private Limited reported revenue of ₹54.33 Cr (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹54.33 Cr ▼ 12%
Net profit · FY 2023
₹2.41 Cr margin 4.4%
EBITDA · FY 2023
₹4.18 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR) of Jaysynth Impex Private Limited

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 12%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 17%
5 years · compounded
▼ 2%

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 of Jaysynth Impex Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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 of Jaysynth Impex Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%••••••••••••••••
Net Profit Margin4.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jaysynth Impex are in the company report.

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Financial statements from 2015

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Peer Comparison of Jaysynth Impex Private Limited

Jaysynth Impex Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Spectrum Auxi-Chem Private Limited••••••••••••••••42Surat, Gujarat, India
Accura Inks Private Limited••••••••••••••••-Ahmedabad, Gujarat, India
Ultramarine Specialty Chemicals Limited••••••••••••••••-Chennai, Tamil Nadu, India
Jemby Chem Limited••••••••••••••••-Ahmedabad, Gujarat, India
Orio Speciality Colours Private Limited••••••••••••••••25Ahmedabad, Gujarat, India
Jaysynth Impex Private Limited this company••••••••••••••••-Mumbai, Maharashtra, India
Orgo Chem Private Limited••••••••••••••••43Mumbai, Maharashtra, India
Veeraco Colourants Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Nilaya Chemicals Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Mamta Texdyes Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Parshwanath Dyechem Industries Private Limited••••••••••••••••-Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Jaysynth Impex by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Jaysynth Impex Private Limited

Jaysynth Impex Private Limited is audited by Maganlal & Ajay Mehta for the financial year 2023.

NameStatusAppointment DateCessation Date
Maganlal & Ajay MehtaLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Parag Sharadchandra Kothari
Also directs: Jaysynth Orgochem Limited, Bharti Polytex Private Limited, Bharti Twisters Private Limited and 5 more
Director14 Jul 200125 Years 2 MonthsAs last reported
Nikhil Sharadchandra Kothari
Also directs: Jaysynth Orgochem Limited, Zessa Wellsol Private Limited, Bharti Polytex Private Limited and 5 more
Managing Director14 Jul 200125 Years 2 MonthsAs last reported
Deven Parag Kothari
Also directs: Jaysynth Orgochem Limited, Jay Chemi Colour Private Limited, Shoorji Colour Company Private Limited and 3 more
Director21 May 201313 Years 4 MonthsAs last reported
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Ownership and Shareholding of Jaysynth Impex Private Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Jaysynth Impex Private Limited

Open charges
None
Satisfied charges
₹15.97 Cr
Breakdown by lending institutions
Bharti Polytex Private Limited₹11.00 Cr
Syndicate Bank₹2.35 Cr
State Industrial and Investment Corp. of Maharashtra Ltd.₹0.85 Cr
Bank of Baroda₹0.59 Cr
The Maharashtra State Financial Corportation₹0.50 Cr
Others₹0.68 Cr
Latest charge details
DateLenderAmountStatus
31 Aug 2021Others₹25.8 LakhSatisfied
11 Jun 2001Syndicate Bank₹2.35 CrSatisfied
09 Mar 1994Bharti Polytex Private Limited₹2 CrSatisfied
16 Dec 1993Bharti Polytex Private Limited₹3.5 CrSatisfied
26 Oct 1993Bharti Polytex Private Limited₹5.5 CrSatisfied

Total charge records: 16 View all charges

MSME Payment Delays by Jaysynth Impex Private Limited

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)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Maruti Dyestuff••••••••••••
an individual supplier••••••••••••
Vishrudh Organics Private Limited••••••••••••
Shrill Organic Industries••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Jaysynth Impex Private Limited

Jaysynth Impex Private Limited has a workforce of 66 employees as of Mar 31, 2024.

Employee count
66
Active EPFO establishments
1
Employee growth
3.12%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Jaysynth Impex Private Limited

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.

1
Associated companies

Name History of Jaysynth Impex Private Limited

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 NameStatus
Jaysynth Impex Private LimitedCurrent
Jaysynth Impex LimitedPrevious
Universal Hing Supplying Company Private LimitedPrevious

CIN History of Jaysynth Impex Private Limited

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.

CINStatus
U29200MH1969PTC014266Current
L29200MH1969PLC014266Previous
U29200MH1969PLC014266Previous

Recent Activity on Jaysynth Impex Private Limited

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.

AGM
Jaysynth Impex Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Jaysynth Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge registered on 31 Aug 2021 via Charge ID 100482756 with Others was fully satisfied on 28 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100482756 was registered on 31 Aug 2021.
Ceased
Jay Kulin Manek ceased to be Director.
Ceased
Shriprakash Jaleshwar Tiwari ceased to be Director.
Ceased
Jayshree Sharadchandra Kothari ceased to be Director.
Ceased
Nikhil Sharadchandra Kothari ceased to be Director.
Ceased
Ravindra Champaklal Tolat ceased to be Director.
Ceased
Deven Parag Kothari ceased to be Additional Director.
Appointed
Deven Parag Kothari was appointed as Director.
Charges
A charge registered on 09 Mar 1994 via Charge ID 80054860 with Bharti Polytex Private Limited was fully satisfied on 27 Dec 2012.

43 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Jaysynth Impex Private Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of Jaysynth Impex Private Limited

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Corporate group structure

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GST Compliance of Jaysynth Impex Private Limited

Jaysynth Impex has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACJ7732K1ZBMaharashtraActive01 Jul 2017
24AAACJ7732K1ZHGujaratActive01 Jul 2017
33AAACJ7732K1ZITamil NaduActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Jaysynth Impex Private Limited

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MCA filings and documents

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Frequently Asked Questions about Jaysynth Impex Private Limited

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:

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.

Jaysynth Impex reported revenue of ₹54.33 Cr for FY 2023 (down 12% YoY).

Jaysynth Impex has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹25 Lakh.

Jaysynth Impex reported a net profit of ₹2.41 Cr (net margin 4.4%) and EBITDA of ₹4.18 Cr (EBITDA margin 7.7%) for FY 2023, as per its filed financial statements.

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.

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