Jet Formwork India Private Limited
About Jet Formwork India Private Limited
Data last updated:
Jet Formwork India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 08 September 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2022PTC390168.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemal Dhimant Sheth and Viral Sheth Jyotin.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.81 Lakh (net margin -8.1%) and EBITDA of -₹6.61 Lakh (EBITDA margin -7.9%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit No 6 Damji Shamji Udyog Bhavan, Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryTrading, Specialty, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Jet Formwork India Private Limited
The main business activity of Jet Formwork India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Jet Formwork India Private Limited FY 2025 filings available
Jet Formwork India Private Limited reported revenue of ₹83.87 Lakh (up 252% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Jet Formwork India Private Limited
Revenue rose 252% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Jet Formwork India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹6.61 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹6.81 Lakh | •••• |
| 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 Jet Formwork India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -7.9% | •••• |
| Net Profit Margin | -8.1% | •••• |
| 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 Jet Formwork India are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Jet Formwork India Private Limited
Jet Formwork India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enterpot Industries Private Limited | •••• | •••• | •••• | •••• | - | Hazaribagh, Jharkhand, India |
| Soutenir India Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Aayush Wellness Limited Listed | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
| Evolva Biosciences Private Limited | •••• | •••• | •••• | •••• | - | Jp Nagar, 8Th Phase, Karnataka, India |
| Nagaon Farmer Producer Company Limited | •••• | •••• | •••• | •••• | - | Nagaon, Assam, India |
| Jet Formwork India Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| BPC Crop Science Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Geox Sanitation Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Nakoshi Global Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Promissum Healthcare Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Sargam Creations Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Jet Formwork India by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Jet Formwork India Private Limited
Jet Formwork India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemal Dhimant Sheth Also directs: Futurefab (India) LLP, Davinci Realty LLP, Hemisphere One Concrete Technologies Private Limited and 5 more | Director | 08 Sep 2022 | 4 Years 1 Months | Current |
| Viral Sheth Jyotin | Director | 08 Sep 2022 | 4 Years 1 Months | Current |
Charges & Borrowings of Jet Formwork India Private Limited
Jet Formwork India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Jet Formwork India Private Limited
Employment history and EPFO contributions of people linked to Jet Formwork India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Jet Formwork India Private Limited
Jet Formwork India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Hemal Dhimant Sheth was appointed as Director on 08 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Jet Formwork India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jet Formwork India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jet Formwork India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Jet Formwork India Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jet Formwork India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Jet Formwork India Private Limited
Jet Formwork India is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 08 September 2022 (4+ years old) and is registered under CIN U51909MH2022PTC390168.
Jet Formwork India reported revenue of ₹83.87 Lakh for FY 2024 (up 252% YoY).
Jet Formwork India has 2 current directors:
- Hemal Dhimant Sheth - Director
- Viral Sheth Jyotin - Director
Jet Formwork India reported a net loss of ₹6.81 Lakh (net margin -8.1%) and EBITDA of -₹6.61 Lakh (EBITDA margin -7.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Jet Formwork India is U51909MH2022PTC390168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jet Formwork India was incorporated on 08 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jet Formwork India by revenue are Enterpot Industries Private Limited, Soutenir India Private Limited, Aayush Wellness Limited, Evolva Biosciences Private Limited, Nagaon Farmer Producer Company Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Hemal Dhimant Sheth was appointed as Director on 08 Sep 2022. Viral Sheth Jyotin was appointed as Director on 08 Sep 2022.
The registered office of Jet Formwork India is at Unit No 6 Damji Shamji Udyog Bhavan, Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.
Jet Formwork India has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Jet Formwork India operates in the trading industry, in the specialty segment.