MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0032194
JG Acero Industries Private Limited - metals and minerals in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.94 Cr
▼ 7% YoY
Net profit · FY 2024
₹4.45 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹12.5 Lakh
EBITDA margin 1.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹9.96 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
5
Provident fund records
About JG Acero Industries Private Limited
Data last updated:
JG Acero Industries Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 02 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH2018PTC312389. Its GSTIN is 27AAECJ3129N1ZA (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sagar Ramesh Hiwale and Tejas Ambadas Waghmare.
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 Fl No – B – 4 Pushpam Appt Opp. Milk Scheme Trimbak Road, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.94 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.45 Lakh (net margin 0.4%) and EBITDA of ₹12.5 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 36% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jg Acero. As per MCA filings, the company has open charges of ₹9.96 Cr on record.
JG Acero Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0032194). For more details, the company can be reached via its website jgacero.com.
Company details
CIN U27200MH2018PTC312389
Registration Number 312389
Incorporation Date 02 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-MH-23-0032194
Key People
Sagar Ramesh Hiwale Director Tejas Ambadas Waghmare Director Sushant Sanjay Jadhav Director Recognitions & Rankings of JG Acero Industries
Contact details
JG Acero Industries Private Limited's registered office is in Nashik, Maharashtra. Its website is jgacero.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFl No – B – 4 Pushpam Appt Opp. Milk Scheme Trimbak Road, Nashik, Maharashtra, India – 422005
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of JG Acero Industries Private Limited, buy the company report.
Comprehensive company report
JG Acero Industries 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
JG Acero Industries operates one associated brand: JG ACERO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply and distribution of steel raw materials and structural products in India. | jgacero.com |
Business activity
The main business activity of JG Acero Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of JG Acero Industries Private Limited, buy the company report.
Financials of JG Acero Industries Private Limited
FY 2025 filings availableJG Acero Industries Private Limited reported revenue of ₹9.94 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹9.94 Cr ▼ 7%
Net profit · FY 2024
₹4.45 Lakh margin 0.4%
EBITDA · FY 2024
₹12.5 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 1%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 58%
5 years · compounded
▲ 66%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA rose 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.45 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 JG Acero Industries Private Limited, buy the company report.
Board of directors of JG Acero Industries Private Limited
JG Acero Industries has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Ramesh Hiwale Also directs: Tradewelt Impex Private Limited | Director | 02 Aug 2018 | 8 Years 3 Months | Current |
| Tejas Ambadas Waghmare Also directs: Tradewelt Impex Private Limited | Director | 02 Aug 2018 | 8 Years 3 Months | Current |
| Sushant Sanjay Jadhav Also directs: Tradewelt Impex Private Limited | Director | 02 Aug 2018 | 8 Years 3 Months | Current |
Auditor
JG Acero Industries Private Limited is audited by NITIN MAHAJAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN MAHAJAN & CO | FY 2023 | 141991W |
Shareholding
The shareholding of JG Acero Industries Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of JG Acero Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2025 | 101209428 | Others | ₹4 Cr | Open | |
| 20 Nov 2025 | 101209790 | Sidbi | ₹2.21 Cr | Open | |
| 04 Jul 2025 | 101162759 | Hdfc Bank Limited | ₹75.1 Lakh | Open | |
| 13 Aug 2024 | 100978466 | Others | ₹2 Cr | Open | |
| 14 Sep 2021 | 100492045 | Axis Bank Limited | ₹1 Cr | Open |
To see the full charge records of JG Acero Industries Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving JG Acero Industries 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
No delayed payments to MSME suppliers are on our record for JG Acero Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JG Acero Industries Private Limited has a workforce of 5 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 5 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of JG Acero Industries Private Limited, buy the company report.
GST
JG Acero Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ3129N1ZA | Maharashtra | Active | 05 Sep 2018 |
To see the full GST registrations and return filing status of JG Acero Industries Private Limited, buy the company report.
Recent activity
JG Acero Industries Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Sagar Ramesh Hiwale was appointed as Director on 02 Aug 2018.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101209428 was registered on 27 Dec 2025.
Charges
A charge with Sidbi amounted to Rs. 221.25 Lakh with Charge ID 101209790 was registered on 20 Nov 2025.
AGM
Jg Acero Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 13 Aug 2024 with Charge ID 100978466 was modified on 31 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.10 Lakh with Charge ID 101162759 was registered on 04 Jul 2025.
Filing
Jg Acero Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100978466 was registered on 13 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100492045 was registered on 14 Sep 2021.
Appointed
Sagar Ramesh Hiwale was appointed as Director.
Appointed
Sushant Sanjay Jadhav was appointed as Director.
Appointed
Tejas Ambadas Waghmare was appointed as Director.
Incorporation
02 Aug 2018
Jg Acero Industries Private Limited was registered on 02 Aug 2018 with Roc Mumbai & aged 8 years 3 months as per MCA records.
Frequently asked questions
JG Acero Industries is an active private limited company based in Nashik, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 02 August 2018 (8+ years old) and is registered under CIN U27200MH2018PTC312389.
JG Acero Industries has 3 current directors:
- Sagar Ramesh Hiwale - Director
- Tejas Ambadas Waghmare - Director
- Sushant Sanjay Jadhav - Director
The latest financial statements of JG Acero Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of JG Acero Industries is 27AAECJ3129N1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of JG Acero Industries is U27200MH2018PTC312389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JG Acero Industries was incorporated on 02 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Sagar Ramesh Hiwale was appointed as Director on 02 Aug 2018. Sushant Sanjay Jadhav was appointed as Director on 02 Aug 2018. Tejas Ambadas Waghmare was appointed as Director on 02 Aug 2018.
Yes, JG Acero Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0032194).
JG Acero Industries can be reached through the website jgacero.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of JG Acero Industries is at Fl No – B – 4 Pushpam Appt Opp. Milk Scheme Trimbak Road, Nashik, Maharashtra, India – 422005.
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