
Jindal Combines Pvt Ltd
About Jindal Combines Pvt Ltd
Data last updated:
Jindal Combines Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29211MH1980PTC323076. Its GSTIN is 27AABCJ0861E1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.4 Lakh. It is led by directors Vilas Francis Dias and Harihara Nagarajan Subramanian.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.64 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹15.97 Cr (net margin 64.8%) and EBITDA of ₹22.81 Cr (EBITDA margin 92.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹115.44 Cr and satisfied charges of ₹447.71 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2014.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Jindal Combines has one previous CIN (Corporate Identification Number): U29211PB1980PTC004301. The current CIN is U29211MH1980PTC323076, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29211MH1980PTC323076 | Current |
| U29211PB1980PTC004301 | Previous |
Contact details
Jindal Combines Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39 Floor – 6th 731/2 Air Condition Market Building, Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Jindal Combines Pvt 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
Financials of Jindal Combines Pvt Ltd
FY 2025 filings availableJindal Combines Pvt Ltd reported revenue of ₹24.64 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 17% growth in the latest year. EBITDA rose 16% 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 | ₹22.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.97 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 | 92.6% | ||||
| Net Profit Margin | 64.8% | ||||
| 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 Jindal Combines Pvt Ltd, buy the company report.
Board of directors of Jindal Combines Pvt Ltd
Jindal Combines has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Francis Dias Also directs: Aqua Vidyut Private Limited, Anns Realtors Private Limited, Prajkta Estates Private Limited and 5 more | Director | 09 Jul 2024 | 2 Years 3 Months | Current |
| Harihara Nagarajan Subramanian Also directs: Aqua Vidyut Private Limited, Anns Realtors Private Limited, Prajkta Estates Private Limited and 5 more | Director | 03 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Jindal Combines Pvt Ltd is audited by V P Doshi & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V P Doshi & Company | FY 2022 | 155936W |
Shareholding
The shareholding of Jindal Combines Pvt Ltd 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 Jindal Combines Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2020 | 100367886 | Hdfc Bank Limited | ₹92 Cr | Satisfied | |
| 07 Jan 2020 | 100315757 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 13 Dec 2019 | 100312089 | Others | ₹5.1 Cr | Satisfied | |
| 10 Apr 2019 | 100271888 | Others | ₹25 Cr | Satisfied | |
| 05 Jun 2018 | 100213357 | Hdfc Bank Limited | ₹30.17 Cr | Satisfied |
To see the full charge records of Jindal Combines Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Jindal Combines Pvt Ltd has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: PDT Trading Private Limited , Achilles Trading Private Limited Seller: Niwas Residential & Commercial Properties Private Limited , Essar Properties Limited & Madan Mudra |
| Mar 2011 | Acquisition | ₹51.6 Lakh | Buyer: Niwas Residential & Commercial Properties Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Niwas Residential & Commercial Properties Private Limited , Essar Properties Limited & Madan Mudra Seller: 3 individuals |
| Apr 2008 | Secondary share transfer | Undisclosed | Buyer: Niwas Residential & Commercial Properties Private Limited , 2 individuals Seller: Chandarnagar Minerals Private Limited, an individual |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: Chandarnagar Minerals Private Limited, 2 individuals Seller: Ashok Kumar Jhajaria (HUF), 3 individuals |
To see the full deal history of Jindal Combines Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jindal Combines Pvt Ltd has 8 court cases on record: 3 filed by Jindal Combines, 5 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 4 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Mack Star Marketing Private Limited | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Ocean Deity Investments Holdings Limited PCC | Pending |
| High Court of Punjab and Haryana | Civil miscellaneous application | Filed by the company against Haryana State Ind.Dev.Corp.Ltd. | Pending |
| High Court, CHANDIGARH (UT) | Court case (COCP) | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Jindal Combines Pvt 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 Jindal Combines Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jindal Combines has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sunrays Renewable Energy Private Limited | U40101MH2010PTC200855 | |
| Orlando Trading Private Limited | U51900MH2005PTC156598 | |
| Eco Land Holdings Private Limited | U70102MH2021PTC367431 | |
| Victory Horticulture & Farms Private Limited | U74900MH2010PTC205203 |
To see the full group structure of Jindal Combines Pvt Ltd, buy the company report.
GST
Jindal Combines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ0861E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jindal Combines Pvt Ltd, buy the company report.
Recent activity
Jindal Combines Pvt Ltd has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Vilas Francis Dias ceased to be Additional Director on 29 Sep 2024.
24 earlier events are in the company report.
Frequently asked questions
Jindal Combines is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 October 1980 (46+ years old) and is registered under CIN U29211MH1980PTC323076.
Jindal Combines has 2 current directors:
- Vilas Francis Dias - Director
- Harihara Nagarajan Subramanian - Director
The latest financial statements of Jindal Combines 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 Jindal Combines is 27AABCJ0861E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jindal Combines is U29211MH1980PTC323076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jindal Combines has 8 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Jindal Combines was incorporated on 24 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Jindal Combines has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2014.
Vilas Francis Dias ceased to be Additional Director on 29 Sep 2024. Vilas Francis Dias was appointed as Director on 09 Jul 2024. Harihara Nagarajan Subramanian ceased to be Additional Director on 30 Sep 2014. Jindal Combines has 10 board changes on record in total.
The registered office of Jindal Combines is at 39 Floor – 6th 7312 Air Condition Market Building, Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034.

