JG Finance Ltd
About JG Finance Ltd
Data last updated:
JG Finance Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 25 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65921WB1987PLC041950.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.25 Cr. It was formerly known as Jg Finance Pvt Ltd. It is led by directors including Harsh Mohan Jain and Jitender Kumar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 307 Ajitsen Bhawan13 Crooked Lane, Kolkata, West Bengal, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.73 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹32.66 Lakh (net margin 39.5%) and EBITDA of ₹43.78 Lakh (EBITDA margin 52.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 36% over five years.
Court records list 18 cases involving the company, including 15 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
JG Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65921WB1987PLC041950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921WB1987PLC041950 | Current |
| L65921WB1987PLC041950 | Previous |
| U65921WB1987PTC041950 | Previous |
Contact details
JG Finance Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address307 Ajitsen Bhawan13 Crooked Lane, Kolkata, West Bengal, India
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of JG Finance 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
Business activity
The main business activity of JG Finance is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of JG Finance Ltd, buy the company report.
Financials of JG Finance Ltd
FY 2025 filings availableJG Finance Ltd reported revenue of ₹82.73 Lakh (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 30% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹43.78 Lakh | ||||
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| Net Profit (PAT) | ₹32.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.9% | ||||
| Net Profit Margin | 39.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of JG Finance Ltd, buy the company report.
Board of directors of JG Finance Ltd
JG Finance has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Mohan Jain Also directs: HM International Finance Limited, HM Consultants Private Limited | Director | 20 Nov 2013 | 12 Years 11 Months | Current |
| Jitender Kumar | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Mudit Mohan Jain Also directs: HM International Finance Limited, Quito Exim Pvt. Ltd., J.G. Credit Pvt. Ltd. and 2 more | Director | 09 Jul 2018 | 8 Years 3 Months | Current |
Auditor
JG Finance Ltd is audited by RAJAT KALSI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAT KALSI & ASSOCIATES | FY 2021 | 026407N |
Shareholding
The shareholding of JG Finance Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of JG Finance Ltd, buy the company report.
Legal cases
JG Finance Ltd has 18 court cases on record: 15 filed by JG Finance, 3 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 2 |
| High courts | 9 | 3 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Grapco Industries Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Dunlop India Ltd., | Disposed |
| Calcutta High Court | Court case (CRR) | Filed against the company by Grapco Industries Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of JG Finance 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 JG Finance Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for JG Finance Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
JG Finance Ltd has 14 board changes on record since 2012: 3 appointments and 11 cessations. The latest: Jitender Kumar ceased to be Director on 27 Sep 2024.
5 earlier events are in the company report.
Frequently asked questions
JG Finance is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 25 February 1987 (39+ years old) and is registered under CIN U65921WB1987PLC041950.
JG Finance has 3 current directors:
- Harsh Mohan Jain - Director
- Jitender Kumar - Director
- Mudit Mohan Jain - Director
The latest financial statements of JG Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of JG Finance is U65921WB1987PLC041950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JG Finance has 18 court cases on record: 15 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
JG Finance was incorporated on 25 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Jitender Kumar ceased to be Director on 27 Sep 2024. Mool Raj Vyas ceased to be Director on 14 Aug 2024. Jitender Kumar was appointed as Director on 12 Aug 2024. JG Finance has 14 board changes on record in total.
The registered office of JG Finance is at 307 Ajitsen Bhawan13 Crooked Lane, Kolkata, West Bengal, India.
JG Finance operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of JG Finance is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
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