- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0207334

About Jigar Foundry Private Limited
Data last updated:
Jigar Foundry Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business support services segment of the business services sector. It was incorporated on 31 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2017PTC096621. Its GSTIN is 24AADCJ9370L2Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jigar Sureshchandra Salot and Disha Jigarbhai Salot.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.46 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹5.11 Lakh (net margin 1.5%) and EBITDA of ₹17.68 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 22 cases involving the company, including 22 filed against it; 15 cases are pending.
Jigar Foundry Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0207334). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jigarfoundry.com.
Company details
Recognitions & Rankings of Jigar Foundry
Contact details
Jigar Foundry Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot Number B – 20 Zaveri Estat, Near Brahma Estate, Ahmedabad, Gujarat, India – 382430
- IndustryBusiness Services, Business Support Services
To see the full contact details of Jigar Foundry Private Limited, 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 Jigar Foundry 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 Jigar Foundry Private Limited, buy the company report.
Financials of Jigar Foundry Private Limited
FY 2025 filings availableJigar Foundry Private Limited reported revenue of ₹3.46 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 9% growth in the latest year. EBITDA rose 32% 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 |
|---|---|---|---|---|---|
| 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 | ₹17.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.11 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Jigar Foundry Private Limited, buy the company report.
Board of directors of Jigar Foundry Private Limited
Jigar Foundry has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Sureshchandra Salot | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Disha Jigarbhai Salot | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
Jigar Foundry Private Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Business Auxiliary Services, Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumangal Technocast Private Limited | ₹3.49 Cr (FY 2025) | -9.0% | Rajkot, Gujarat, India | |||
| Ferrum Casting Private Limited | ₹3.47 Cr (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Jigar Foundry Private Limitedthis company | ₹3.46 Cr (FY 2025) | ₹5.11 Lakh | 1.5% | 9.0% | Ahmedabad, Gujarat, India | |
| Arr Ferro Equipments Private Limited | ₹3.46 Cr (FY 2025) | 133.0% | Ambala Cantt, Haryana, India | |||
| Globetech Castings Private Limited | ₹3.42 Cr (FY 2023) | 23.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Jigar Foundry Private Limited, buy the company report.
Auditor
Jigar Foundry Private Limited is audited by SUNIL DAD & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL DAD & CO | FY 2019 | 126741W |
Shareholding
The shareholding of Jigar Foundry Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Jigar Foundry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2023 | 100714847 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Jigar Foundry Private Limited has 22 court cases on record: 22 filed against it. 15 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 15 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
To see the full case history of Jigar Foundry 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 Jigar Foundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jigar Foundry has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCJ9370L2Z5 | Gujarat | Active | 27 Jul 2018 |
To see the full GST registrations and return filing status of Jigar Foundry Private Limited, buy the company report.
Recent activity
Jigar Foundry Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Disha Jigarbhai Salot was appointed as Director on 31 Mar 2017.
Frequently asked questions
Jigar Foundry is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business support services, within the business services industry. It was incorporated on 31 March 2017 (9+ years old) and is registered under CIN U28999GJ2017PTC096621.
Jigar Foundry has 2 current directors:
- Jigar Sureshchandra Salot - Director
- Disha Jigarbhai Salot - Director
The latest financial statements of Jigar Foundry 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 2017 are in the company report.
The GSTIN of Jigar Foundry is 24AADCJ9370L2Z5, registered in Gujarat. 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 Jigar Foundry is U28999GJ2017PTC096621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jigar Foundry has 22 court cases on record: 22 filed against it. 15 are pending.
Jigar Foundry was incorporated on 31 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Jigar Foundry by revenue are Sumangal Technocast Private Limited, Ferrum Casting Private Limited, Arr Ferro Equipments Private Limited, Globetech Castings Private Limited, all in the Business Services industry (Business Auxiliary Services, Die Casting), with the same principal business activity (metal and metal products).
Disha Jigarbhai Salot was appointed as Director on 31 Mar 2017. Jigar Sureshchandra Salot was appointed as Director on 31 Mar 2017.
Yes, Jigar Foundry is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0207334).
Jigar Foundry can be reached through the website jigarfoundry.com. Its registered office is in Ahmedabad, Gujarat, India.