MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-04-0007190
Jinabakul Forge Private Limited - machinery and equipment in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹263.89 Cr
▲ 8% YoY
Net profit · FY 2025
₹8.03 Cr
Net margin 3%
EBITDA · FY 2025
₹21.87 Cr
EBITDA margin 8.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90.13 Lakh
Issued & subscribed
Open charges
₹76.86 Cr
Satisfied ₹24.92 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
327
Provident fund records
About Jinabakul Forge Private Limited
Data last updated:
Jinabakul Forge Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA1981PTC004417. Its GSTIN is 29AAACJ4718K1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.13 Lakh. It is led by directors including Santosh Baburao Kelgiri and Balachandra Devdas Badan.
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 Plot No 11 Kangrali Inustrialarea Belgaum Karnataka, Karnataka, India – 590010.
As per the financials filed for FY 2025, the company reported a revenue of ₹263.89 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.03 Cr (net margin 3%) and EBITDA of ₹21.87 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 14% over five years.
The company has about 327 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jinabakul Forge. As per MCA filings, the company has open charges of ₹76.86 Cr and satisfied charges of ₹24.92 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 7 deals on record (7 secondary share transfers); the latest was in March 2022. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Lakshmi Precision Screws Limited with revenue of ₹274.13 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 102 overdue payments to 11 micro and small suppliers.
Jinabakul Forge Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0007190). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jinabakul.com.
Company details
CIN U29222KA1981PTC004417
Registration Number 004417
Incorporation Date 01 October 1981
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-04-0007190
CIN history
Jinabakul Forge has one previous CIN (Corporate Identification Number): U02922KA1981PTC004417. The current CIN is U29222KA1981PTC004417, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29222KA1981PTC004417 | Current |
| U02922KA1981PTC004417 | Previous |
Key People
Santosh Baburao Kelgiri Director Balachandra Devdas Badan Director Kiran Jinagouda Director Recognitions & Rankings of Jinabakul Forge
Contact details
Jinabakul Forge Private Limited's registered office is in Belgaum, Karnataka. Its website is jinabakul.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No 11 Kangrali Inustrialarea Belgaum Karnataka, Karnataka, India – 590010
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Jinabakul Forge Private Limited, buy the company report.
Comprehensive company report
Jinabakul Forge 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
Jinabakul Forge operates one associated brand: Jinabakul Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forging and machining of bearing components in India. | jinabakul.com |
Business activity
The main business activity of Jinabakul Forge 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 Jinabakul Forge Private Limited, buy the company report.
Financials of Jinabakul Forge Private Limited
FY 2025 filings availableJinabakul Forge Private Limited reported revenue of ₹263.89 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹263.89 Cr ▲ 8%
Net profit · FY 2025
₹8.03 Cr margin 3%
EBITDA · FY 2025
₹21.87 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 6%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 8%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 8% growth in the latest year. EBITDA fell 1% 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 | ₹21.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.03 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 3% | ||||
| 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 Jinabakul Forge Private Limited, buy the company report.
Board of directors of Jinabakul Forge Private Limited
Jinabakul Forge has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Baburao Kelgiri Also directs: Yenkays Engineering Private Limited | Director | 04 Sep 2021 | 5 Years 2 Months | Current |
| Balachandra Devdas Badan Also directs: Yenkays Engineering Private Limited | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Kiran Jinagouda Also directs: Yenkays Engineering Private Limited | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Gopal Devendra Jinagouda | Director | 01 Oct 1981 | 45 Years 1 Months | Current |
Peer comparison
Jinabakul Forge Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Lakshmi Precision Screws Limited | ₹274.13 Cr (FY 2017) | -28.0% | Haryana, India | |||
| Kyocera Precision Tools India Private Limited | ₹264.75 Cr (FY 2025) | -8.0% | A.I .Area, Jharkhand, India | |||
| Jinabakul Forge Private Limitedthis company | ₹263.89 Cr (FY 2025) | ₹8.03 Cr | 3% | 8.0% | 327 | Belgaum, Karnataka, India |
| Senor Metals Private Limited | ₹261.81 Cr (FY 2025) | 6.0% | Jamnagar, Gujarat, India | |||
| Nachi Technology India Private Limited | ₹260.43 Cr (FY 2025) | 7.0% | Gurgaon, Haryana, India | |||
| Kalisma Steel Private Limited | ₹259.59 Cr (FY 2017) | 38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jinabakul Forge Private Limited, buy the company report.
Auditor
Jinabakul Forge Private Limited is audited by V.G.Patil & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.G.Patil & Associates | FY 2023 | 023217S |
Shareholding
The shareholding of Jinabakul Forge Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jinabakul Forge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹76.86 Cr
Satisfied charges
₹24.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101174471 | Axis Bank Limited | ₹31.95 Cr | Open | |
| 21 Jun 2025 | 101129607 | Others | ₹2.01 Cr | Open | |
| 29 May 2025 | 101121583 | Others | ₹7.9 Cr | Open | |
| 05 Oct 2024 | 100995481 | Axis Bank Limited | ₹5 Cr | Open | |
| 19 Sep 2024 | 100976253 | Sidbi | ₹15 Cr | Open |
To see the full charge records of Jinabakul Forge Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Jinabakul Forge Private Limited has 7 deals on record (7 secondary share transfers); the latest was in March 2022.
Total deals
7
Secondary share transfers
7
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Jinabakul Forge Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jinabakul Forge Private Limited has 6 court cases on record: 3 filed by Jinabakul Forge, 3 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against The Karnataka Power Transmission Corporation Ltd., and 1 other | Disposed |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed by the company against individuals | Pending |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed by the company against individuals | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed against the company by State of Karnataka at the Instance of Smt.Bharati Magadum Asst Director of Factories BGV Div-2 | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Karnataka Electricity Board | Disposed |
To see the full case history of Jinabakul Forge 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
Jinabakul Forge Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 102 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Precision Services | |||
| Om Induction Belgaum | |||
| Shree Industries Unit 3 | |||
| Flomic Freight Services Pvt Ltd | |||
| Shree Industries |
To see the full MSME payment records of Jinabakul Forge Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jinabakul Forge Private Limited has a workforce of 327 employees on its EPFO records as of Sep 23, 2025, across 2 active EPFO establishments.
Employee count
327
Active EPFO establishments
2
Employee growth
-4.11%
GST
Jinabakul Forge has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACJ4718K1ZB | Karnataka | Active | 01 Jul 2017 |
| 24AAACJ4718K1ZL | Gujarat | Active | 24 May 2024 |
To see the full GST registrations and return filing status of Jinabakul Forge Private Limited, buy the company report.
Recent activity
Jinabakul Forge Private Limited has 10 board changes on record since 1981: 4 appointments and 6 cessations. The latest: Santosh Baburao Kelgiri ceased to be Additional Director on 05 Oct 2021.
Charges
A charge with Others of Rs. 7.90 Cr registered on 29 May 2025 with Charge ID 101121583 was modified on 26 Nov 2025.
Charges
A charge with Axis Bank Limited of Rs. 31.95 Cr registered on 10 Oct 2025 with Charge ID 101174471 was modified on 04 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.95 Cr with Charge ID 101174471 was registered on 10 Oct 2025.
AGM
Jinabakul Forge Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 05 Oct 2024 with Charge ID 100995481 was modified on 18 Aug 2025.
Charges
A charge registered on 21 Dec 2023 via Charge ID 100833684 with Others was fully satisfied on 17 Jul 2025.
Charges
A charge registered on 04 Dec 2023 via Charge ID 100832688 with Others was fully satisfied on 17 Jul 2025.
Charges
A charge registered on 22 Aug 2023 via Charge ID 100775477 with Others was fully satisfied on 17 Jul 2025.
Charges
A charge with Others amounted to Rs. 2.01 Cr with Charge ID 101129607 was registered on 21 Jun 2025.
Charges
A charge with Others amounted to Rs. 7.90 Cr with Charge ID 101121583 was registered on 29 May 2025.
Filing
Jinabakul Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100995481 was registered on 05 Oct 2024.
40 earlier events are in the company report.
Frequently asked questions
Jinabakul Forge is an active private limited company based in Belgaum, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 October 1981 (45+ years old) and is registered under CIN U29222KA1981PTC004417.
Jinabakul Forge has 4 current directors:
- Santosh Baburao Kelgiri - Director
- Balachandra Devdas Badan - Director
- Kiran Jinagouda - Director
- Gopal Devendra Jinagouda - Director
The latest financial statements of Jinabakul Forge 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 2015 are in the company report.
The GSTIN of Jinabakul Forge is 29AAACJ4718K1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACJ4718K1ZL (Gujarat).
The CIN (Corporate Identification Number) of Jinabakul Forge is U29222KA1981PTC004417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jinabakul Forge has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Jinabakul Forge was incorporated on 01 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Jinabakul Forge has 7 deals on record (7 secondary share transfers); the latest was in March 2022.
The peers of Jinabakul Forge by revenue are Lakshmi Precision Screws Limited, Kyocera Precision Tools India Private Limited, Senor Metals Private Limited, Nachi Technology India Private Limited, Kalisma Steel Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Santosh Baburao Kelgiri ceased to be Additional Director on 05 Oct 2021. Santosh Baburao Kelgiri was appointed as Director on 04 Sep 2021. Baburao Bhimappa Kelgiri ceased to be Director on 13 Jan 2021. Jinabakul Forge has 10 board changes on record in total.
Yes, Jinabakul Forge is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-04-0007190).
Jinabakul Forge has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 102 overdue payments to 11 micro and small suppliers. The latest return was filed on 23 Oct 2019.
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