MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0032963
Jetstar Innovations Private Limited - machinery and equipment in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹12.39 Cr
▲ 8% YoY
Net profit · FY 2026
₹52.28 Lakh
Net margin 4.2%
EBITDA · FY 2026
₹1.7 Cr
EBITDA margin 13.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.6 Lakh
Issued & subscribed
Satisfied charges
₹30 Lakh
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
33
Provident fund records
About Jetstar Innovations Private Limited
Data last updated:
Jetstar Innovations Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36900GJ2009PTC057097. Its GSTIN is 24AACCJ1773A1Z3 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.6 Lakh. It is led by directors including Naveen Rameshwar Dixit (Managing Director) and Mayank Radheyraman Misra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. A1 – 611 Road No. 6 GIDC Sachin Taluka: Chorasi, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2026, the company reported a revenue of ₹12.39 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹52.28 Lakh (net margin 4.2%) and EBITDA of ₹1.7 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 15% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jetstar Innovations. As per MCA filings, the company has satisfied charges of ₹30 Lakh on record.
Jetstar Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0032963). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jsipl.com.
Company details
CIN U36900GJ2009PTC057097
Registration Number 057097
Incorporation Date 29 May 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0032963
Key People
Naveen Rameshwar Dixit Managing Director Mayank Radheyraman Misra Whole-Time Director Manjari Naveen Dixit Whole-Time Director Recognitions & Rankings of Jetstar Innovations
Contact details
Jetstar Innovations Private Limited's registered office is in Surat, Gujarat. Its website is jsipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. A1 – 611 Road No. 6 GIDC Sachin Taluka: Chorasi, Surat, Gujarat, India – 394230
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Jetstar Innovations Private Limited, buy the company report.
Comprehensive company report
Jetstar Innovations Private Limited - one report that includes everything
- 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
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Brands
Jetstar Innovations operates one associated brand: Jetstar Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing CTS systems for textile and printing industries. | jsipl.com |
Business activity
The main business activities of Jetstar Innovations are wholesale and retail trade; repair of motor vehicles and motorcycles and manufacturing. In detail, this covers wholesale trade, except of motor vehicles and motorcycles and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Jetstar Innovations Private Limited, buy the company report.
Financials of Jetstar Innovations Private Limited
FY 2026 filings availableJetstar Innovations Private Limited reported revenue of ₹12.39 Cr (up 8% YoY) for FY 2026.
Revenue · FY 2026
₹12.39 Cr ▲ 8%
Net profit · FY 2026
₹52.28 Lakh margin 4.2%
EBITDA · FY 2026
₹1.7 Cr margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 1%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 7%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 8% growth in the latest year. EBITDA rose 11% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.28 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Jetstar Innovations Private Limited, buy the company report.
Board of directors of Jetstar Innovations Private Limited
Jetstar Innovations has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Radheyraman Misra | Whole-Time Director | 26 Dec 2009 | 16 Years 10 Months | Current |
| Manjari Naveen Dixit | Whole-Time Director | 29 May 2009 | 17 Years 5 Months | Current |
| Naveen Rameshwar Dixit | Managing Director | 29 May 2009 | 17 Years 5 Months | Current |
Auditor
Jetstar Innovations Private Limited is audited by S K Kabra And Company for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Kabra And Company | FY 2026 | 104508W |
Shareholding
The shareholding of Jetstar Innovations Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jetstar Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2012 | 10348899 | Vijaya Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Jetstar Innovations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Jetstar Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Jetstar Innovations Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 10 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Luna Technologies Private Limited | |||
| Mangalmurti Polymers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Jetstar Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jetstar Innovations Private Limited has a workforce of 33 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
-2.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 33 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Jetstar Innovations Private Limited, buy the company report.
GST
Jetstar Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCJ1773A1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jetstar Innovations Private Limited, buy the company report.
Recent activity
Jetstar Innovations Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Manjari Naveen Dixit ceased to be Director on 04 Jan 2016.
Filing
Jetstar Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Jetstar Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 06 Mar 2012 via Charge ID 10348899 with Vijaya Bank was fully satisfied on 17 Aug 2022.
Ceased
Manjari Naveen Dixit ceased to be Director.
Ceased
Mayank Radheyraman Misra ceased to be Director.
Ceased
Naveen Rameshwar Dixit ceased to be Director.
Ceased
Vikas Babulal Kanodia ceased to be Director.
Charges
A charge with Vijaya Bank amounted to Rs. 30.00 Lakh with Charge ID 10348899 was registered on 06 Mar 2012.
Appointed
Mayank Radheyraman Misra was appointed as Whole-Time Director.
Appointed
Manjari Naveen Dixit was appointed as Whole-Time Director.
Appointed
Naveen Rameshwar Dixit was appointed as Managing Director.
Incorporation
29 May 2009
Jetstar Innovations Private Limited was registered on 29 May 2009 with Roc Ahmedabad & aged 17 years 5 months as per MCA records.
Frequently asked questions
Jetstar Innovations is an active private limited company based in Surat, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 29 May 2009 (17+ years old) and is registered under CIN U36900GJ2009PTC057097.
Jetstar Innovations has 3 current directors:
- Naveen Rameshwar Dixit - Managing Director
- Mayank Radheyraman Misra - Whole-Time Director
- Manjari Naveen Dixit - Whole-Time Director
The latest financial statements of Jetstar Innovations on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jetstar Innovations is 24AACCJ1773A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Jetstar Innovations is U36900GJ2009PTC057097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jetstar Innovations was incorporated on 29 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manjari Naveen Dixit ceased to be Director on 04 Jan 2016. Mayank Radheyraman Misra ceased to be Director on 04 Jan 2016. Naveen Rameshwar Dixit ceased to be Director on 04 Jan 2016. Jetstar Innovations has 7 board changes on record in total.
Yes, Jetstar Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0032963).
Jetstar Innovations has 3 MSME Form 1 returns on record between 2019 and 2021, listing 10 overdue payments to 3 micro and small suppliers. The latest return was filed on 05 Jun 2021.
Jetstar Innovations can be reached through the website jsipl.com. Its registered office is in Surat, Gujarat, India.
The registered office of Jetstar Innovations is at Plot No. A1 – 611 Road No. 6 GIDC Sachin Taluka: Chorasi, Surat, Gujarat, India – 394230.
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