- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0021349

JGB Services Private Limited
About JGB Services Private Limited
Data last updated:
JGB Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 31 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC097644. Its GSTIN is 24AADCJ9933F1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayvantsinh Gafurbhai Barad and Sonalben Jayavantsinh Barad.
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 A – 101 Madhuvan Residency Nr. Sarvoday Hotel Moraiya Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.2 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹10.17 Lakh (net margin -0.9%) and EBITDA of ₹32.02 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 29% over five years.
The company has about 540 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
JGB Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0021349). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of JGB Services
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA – 101 Madhuvan Residency Nr. Sarvoday Hotel Moraiya Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 JGB Services Private Limited
The main business activity of JGB Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 JGB Services Private Limited FY 2025 filings available
JGB Services Private Limited reported revenue of ₹11.2 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of JGB Services Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 51% 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 of JGB Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹32.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.17 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 JGB Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• | •••• |
| 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 JGB Services are in the company report.
Financial statements from FY 2018
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.
Board of Directors of JGB Services Private Limited
JGB Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayvantsinh Gafurbhai Barad | Director | 31 May 2017 | 9 Years 4 Months | Current |
| Sonalben Jayavantsinh Barad | Director | 31 May 2017 | 9 Years 4 Months | Current |
Peer Comparison of JGB Services Private Limited
JGB Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rigel Networks Private Limited | ₹11.23 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Vadodara, Gujarat, India |
| Vishwaudyam Technologies and HR Services Private Limited | ₹11.23 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Angels Technical Engineering Services Private Limited | ₹11.22 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kudankulam, Tamil Nadu, India |
| Hyrefox Consultants Limited | ₹11.21 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Jaipur, Rajasthan, India |
| J J V Engineers Private Limited | ₹11.21 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Haryana, India |
| JGB Services Private Limited this company | ₹11.2 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ahmedabad, Gujarat, India |
| Sofomation Energy Consultants Private Limited | ₹11.2 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Rajdeep Projects Force Private Limited | ₹11.18 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Jeyco Corporate Services Private Limited | ₹11.18 Cr (FY 2018) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Callistus Offshore Services Private Limited | ₹11.17 Cr (FY 2020) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Cresce Technology Private Limited | ₹11.17 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below JGB Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of JGB Services Private Limited
JGB Services Private Limited is audited by K. P. LAKHANI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. P. LAKHANI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of JGB Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of JGB Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2023 | Hdfc Bank Limited | ₹1 Cr | Open |
| 06 Jul 2022 | Hdfc Bank Limited | ₹80 Lakh | Open |
| 06 Jul 2022 | Hdfc Bank Limited | ₹80 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of JGB Services Private Limited
JGB Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by State of Gujarat, R. P. Bhanderi | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at JGB Services Private Limited
JGB Services Private Limited has a workforce of 540 employees as of Apr 06, 2024.
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 JGB Services Private Limited
JGB Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jayvantsinh Gafurbhai Barad was appointed as Director on 31 May 2017.
Credit Ratings, Litigation & Regulatory Alerts for JGB Services 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 JGB Services 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 JGB Services 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 JGB Services Private Limited
JGB Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCJ9933F1ZI | Gujarat | Active | 29 Aug 2017 |
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 JGB Services 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 JGB Services Private Limited
JGB Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 31 May 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC097644.
JGB Services reported revenue of ₹11.2 Cr for FY 2025 (down 3% YoY).
JGB Services has 2 current directors:
- Jayvantsinh Gafurbhai Barad - Director
- Sonalben Jayavantsinh Barad - Director
JGB Services reported a net loss of ₹10.17 Lakh (net margin -0.9%) and EBITDA of ₹32.02 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of JGB Services is -4% over three years and 29% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of JGB Services is 24AADCJ9933F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of JGB Services is U74999GJ2017PTC097644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JGB Services has 2 court cases on record: 2 filed against it.
JGB Services was incorporated on 31 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of JGB Services by revenue are Rigel Networks Private Limited, Vishwaudyam Technologies and HR Services Private Limited, Angels Technical Engineering Services Private Limited, Hyrefox Consultants Limited, J J V Engineers Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Jayvantsinh Gafurbhai Barad was appointed as Director on 31 May 2017. Sonalben Jayavantsinh Barad was appointed as Director on 31 May 2017.