About Jessop and Co Ltd
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Jessop and Co Ltd is a public limited company based in West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 October 1932.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L51909WB1932PLC007491. The company has 5 GST registrations on record, none of which is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹61.51 Cr. It is led by directors including Satyadeo Mishra and Baisali Ghoshal.
Its last annual general meeting (AGM) was held on 28 December 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 21&22 Jessore Road Cal – 28W.E.F.31.03.99 P.S.Dum Dum, West Bengal, India.
The company is associated with 1 brand: Jessop. As per MCA filings, the company has open charges of ₹296.12 Cr and satisfied charges of ₹120 Cr on record. Court records list 256 cases involving the company, including 106 filed by the company and 152 filed against it; 13 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in August 2003.
The last known website on record is jessop.co.in.
Company details
CIN history
Jessop and Co has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909WB1932PLC007491, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909WB1932PLC007491 | Current |
| U99999WB1932PLC007491 | Previous |
| L99999WB1932PLC007491 | Previous |
Contact details
Jessop and Co Ltd's registered office is in West Bengal. Its website is jessop.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address21&22 Jessore Road Cal – 28W.E.F.31.03.99 P.S.Dum Dum, West Bengal, India
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Jessop and Co Ltd, 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
Brands
Jessop and Co operates one associated brand: Jessop. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction and transportation equipment is manufactured by Jessop. | jessop.co.in |
Financials of Jessop and Co Ltd
FY 2015 filings availableJessop and Co Ltd reported revenue of ₹556 (down 92% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 99% over three years, including a 92% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹556 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
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| Balance Sheet | |
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| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
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| Fixed Assets | |
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| Inventories | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
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To see the full financial statements and ratios of Jessop and Co Ltd, buy the company report.
Board of directors of Jessop and Co Ltd
Jessop and Co has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soumitra Ghose | Additional Director | 02 May 2014 | 12 Years 5 Months | As last reported |
| Satyadeo Mishra Also directs: Dunlop Industrial Products Private Limited, India Tyre & Rubber Company (India) Limited, Dunlop South Limited and 5 more | Director | 19 Nov 2015 | 10 Years 11 Months | As last reported |
| Baisali Ghoshal | Director | 19 Nov 2015 | 10 Years 11 Months | As last reported |
Auditor
Jessop and Co Ltd is audited by GORA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORA & CO | FY 2015 | 327183E |
Shareholding
The shareholding of Jessop and Co Ltd is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Jessop and Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2009 | 10191118 | Edelweiss Asset Reconstruction Company Limited | ₹108.4 Cr | Open | |
| 18 Sep 2008 | 10219574 | Bank of India | ₹13.86 Cr | Open | |
| 19 May 2008 | 10105738 | United Bank of India | ₹143.86 Cr | Open | |
| 29 Jun 2004 | 80023527 | Edelweiss Asset Reconstruction Company Limited | ₹30 Cr | Open | |
| 08 Oct 2009 | 10181448 | State Bank of India | ₹75 Cr | Satisfied |
To see the full charge records of Jessop and Co Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Jessop and Co Ltd has 1 deal on record (1 acquisition); the latest was in August 2003.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2003 | Acquisition | Undisclosed | Buyer: Ruia Group Seller: The Braithwaite Burn and Jessop Construction Co. Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jessop and Co Ltd has 256 court cases on record: 106 filed by Jessop and Co, 152 filed against it. 13 cases are pending and 243 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 157 | 59 | 7 |
| District courts | 93 | 90 | 6 |
| Supreme Court | 4 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 256)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed against the company by MRC Transolutions Pvt. Ltd. Through Nilesh Sharad Vidwans | Pending |
| Calcutta High Court | Civil suit | Filed by the company against United Bank of India and Anr | Pending |
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed against the company by MRC Transolutions Pvt. Ltd. | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Central Bank of India and Ors | Disposed |
| High Court | Company petition | Filed by the company against M/S Lalbaba Industrial Corporation Pvt Ltd | Disposed |
To see the full case history of Jessop and Co Ltd, 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 Jessop and Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jessop and Co has 5 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 Jessop and Co Ltd, buy the company report.
Recent activity
Jessop and Co Ltd has 51 board changes on record since 1995: 27 appointments and 24 cessations. The latest: Rupendra Nath Kumar ceased to be Director on 14 Dec 2015.
55 earlier events are in the company report.
Frequently asked questions
Jessop and Co is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Jessop and Co is a company under liquidation, formerly operating as a public limited company based in West Bengal, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 25 October 1932 and is registered under CIN L51909WB1932PLC007491. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jessop and Co has 3 current directors:
- Soumitra Ghose - Additional Director
- Satyadeo Mishra - Director
- Baisali Ghoshal - Director
The latest financial statements of Jessop and Co on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 28 December 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jessop and Co is L51909WB1932PLC007491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Jessop and Co is a listed company as per MCA records.
Jessop and Co has open charges of ₹296.12 Cr and satisfied charges of ₹120 Cr as per latest MCA filings.
Jessop and Co has 256 court cases on record: 106 filed by the company and 152 filed against it. 13 are pending. Most are in the high courts.
Jessop and Co was incorporated on 25 October 1932. It is registered with the Registrar of Companies, Kolkata.
Jessop and Co has 1 deal on record (1 acquisition); the latest was in August 2003.