MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-42-0004945
JGF Industries Private Limited - food and beverages in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹72.65 Cr
Latest filing
Net profit · FY 2023
₹4.42 Cr
Net margin 6.1%
EBITDA · FY 2023
₹9.89 Cr
EBITDA margin 13.6%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹19.56 Cr
Issued & subscribed
Open charges
₹110.06 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
1
Provident fund records
About JGF Industries Private Limited
Data last updated:
JGF Industries Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 15 April 2022.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15400MP2022PTC060412. Its GSTIN is 09AAFCJ5746A1ZN (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹19.56 Cr. It is led by directors Nitish Garg and Kishan Modi.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bhopal, Madhya Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹72.65 Cr. For the same year it recorded a net profit of ₹4.42 Cr (net margin 6.1%) and EBITDA of ₹9.89 Cr (EBITDA margin 13.6%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹110.06 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 8 cases are pending. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹6.5 Cr; the latest was in August 2024. Its 3 peer companies in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Ajanta Raaj Proteins Limited with revenue of ₹75.82 Cr.
JGF Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-42-0004945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jgfmilkmagic.com.
Company details
CIN U15400MP2022PTC060412
Registration Number 060412
Incorporation Date 15 April 2022
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-42-0004945
Key People
Nitish Garg Director Kishan Modi Director Recognitions & Rankings of JGF Industries
Contact details
JGF Industries Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is jgfmilkmagic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 4/108 Basement Arera Colony, Opposite Baghira Apartment, Bhopal, Madhya Pradesh, India – 462016
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of JGF Industries Private Limited, buy the company report.
Comprehensive company report
JGF 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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Business activity
The main business activity of JGF Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of JGF Industries Private Limited, buy the company report.
Financials of JGF Industries Private Limited
FY 2023 filings availableJGF Industries Private Limited reported revenue of ₹72.65 Cr for FY 2023.
Revenue · FY 2023
₹72.65 Cr
Net profit · FY 2023
₹4.42 Cr margin 6.1%
EBITDA · FY 2023
₹9.89 Cr margin 13.6%
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹72.65 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹9.89 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4.42 Cr |
| 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 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | 13.6% |
| Net Profit Margin | 6.1% |
| 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 | |
To see the full financial statements and ratios of JGF Industries Private Limited, buy the company report.
Board of directors of JGF Industries Private Limited
JGF Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Garg | Director | 15 Apr 2022 | 4 Years 6 Months | Current |
| Kishan Modi Also directs: KC Innovation LLP, Health Bridge Agro Private Limited, Aasma Foods and Beverages Private Limited and 2 more | Director | 18 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
JGF Industries Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajanta Raaj Proteins Limited | ₹75.82 Cr (FY 2024) | -28.0% | Delhi, India | |||
| JGF Industries Private Limitedthis company | ₹72.65 Cr (FY 2023) | ₹4.42 Cr | 6.1% | 1 | Bhopal, Madhya Pradesh, India | |
| Pristine Ingredients Private Limited | ₹71.79 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Siddhi Margarine Specialities Limited | ₹71.41 Cr (FY 2025) | -8.0% | Changodar, Gujarat, India |
To see the full peer comparison of JGF Industries Private Limited, buy the company report.
Auditor
JGF Industries Private Limited is audited by P K SHARMA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K SHARMA & CO. | FY 2023 | 003771C |
Shareholding
The shareholding of JGF Industries Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of JGF Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹110.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2024 | 100966357 | State Bank of India | ₹9.9 Cr | Open | |
| 02 Apr 2024 | 100924903 | State Bank of India | ₹15.56 Lakh | Open | |
| 29 Dec 2022 | 100660891 | Others | ₹100 Cr | Open |
To see the full charge records of JGF Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
JGF Industries Private Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹6.5 Cr; the latest was in August 2024.
Total deals
3
Rights issues
2
Funding round
1
Disclosed funding
₹6.5 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Rights issue | ₹2.07 Cr | Investors: an individual |
| Apr 2023 | Funding round | ₹6.5 Cr | Investors: an individual |
| Dec 2022 | Rights issue | ₹10 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JGF Industries Private Limited has 11 court cases on record: 2 filed by JGF Industries, 9 filed against it. 8 cases are pending and 3 are disposed.
Total cases
11
Filed by the company
2
Filed against the company
9
Pending
8
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 8 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Agra, Uttar Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Kanpur Dehat, Uttar Pradesh | Criminal case | Filed against the company by State | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Disposed |
To see the full case history of JGF Industries Private Limited, 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 JGF Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JGF Industries Private Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-97.92%
GST
JGF Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCJ5746A1ZN | Uttar Pradesh | Active | 11 Jul 2022 |
To see the full GST registrations and return filing status of JGF Industries Private Limited, buy the company report.
Recent activity
JGF Industries Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Payal Modi ceased to be Director on 01 May 2024.
Charges
A charge with State Bank Of India amounted to Rs. 9.90 Cr with Charge ID 100966357 was registered on 28 Jun 2024.
Ceased
Payal Modi ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.16 Cr with Charge ID 100924903 was registered on 02 Apr 2024.
AGM
Jgf Industries Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Filing
Jgf Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Appointed
Kishan Modi was appointed as Director.
Charges
A charge with Others of Rs. 100.00 Cr registered on 29 Dec 2022 with Charge ID 100660891 was modified on 28 Jan 2023.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100660891 was registered on 29 Dec 2022.
Appointed
Nitish Garg was appointed as Director.
Appointed
Payal Modi was appointed as Director.
Incorporation
15 Apr 2022
Jgf Industries Private Limited was registered on 15 Apr 2022 with Roc Gwalior & aged 4 years 6 months as per MCA records.
Frequently asked questions
JGF Industries is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 15 April 2022 (4+ years old) and is registered under CIN U15400MP2022PTC060412.
JGF Industries has 2 current directors:
- Nitish Garg - Director
- Kishan Modi - Director
The latest financial statements of JGF Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2023 are in the company report.
The GSTIN of JGF Industries is 09AAFCJ5746A1ZN, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of JGF Industries is U15400MP2022PTC060412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JGF Industries has 11 court cases on record: 2 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
JGF Industries was incorporated on 15 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Gwalior.
JGF Industries has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹6.5 Cr; the latest was in August 2024.
The peers of JGF Industries by revenue are Ajanta Raaj Proteins Limited, Pristine Ingredients Private Limited, Siddhi Margarine Specialities Limited, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Payal Modi ceased to be Director on 01 May 2024. Kishan Modi was appointed as Director on 18 Feb 2023. Nitish Garg was appointed as Director on 15 Apr 2022. JGF Industries has 4 board changes on record in total.
Yes, JGF Industries is registered as an MSME under Udyam registration (number: UDYAM-UP-42-0004945).