About Jitf Shipyards Limited
Data last updated:
Jitf Shipyards Limited was a public limited company based in Uttar Pradesh, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 29 March 2007.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U34109UP2007PLC069246. Its GSTIN is 19AABCJ8277E1ZA (West Bengal). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹80 Cr and a paid-up capital of ₹75.77 Cr. It was formerly known as Jindal Shipyards Limited and Jindal Shipyard Limited. It was led by directors including Raj Kamal Aggarwal and Ravinder Nath Leekha.
Its last annual general meeting (AGM) was held on 15 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan Mathura, Uttar Pradesh, India – 281403.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.57 Cr. For the same year it recorded a net loss of ₹4.66 Lakh (net margin -1.8%) and EBITDA of ₹60.58 Lakh (EBITDA margin 23.5%).
The company was associated with 2 brands: JindalX and Jindal ITF. As per MCA filings, the company had open charges of ₹111.3 Cr and satisfied charges of ₹4.9 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 7 cases are pending.
The last known website on record is jindalitf.com.
Company details
Name history
Jitf Shipyards has undergone 2 name changes throughout its history. The company was previously known as Jindal Shipyards Limited, and Jindal Shipyard Limited. The current legal name is Jitf Shipyards Limited.
| Company Name | Status |
|---|---|
| Jitf Shipyards Limited | Current |
| Jindal Shipyards Limited | Previous |
| Jindal Shipyard Limited | Previous |
CIN history
Jitf Shipyards has one previous CIN (Corporate Identification Number): U34109DL2007PLC161264. The current CIN is U34109UP2007PLC069246, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34109UP2007PLC069246 | Current |
| U34109DL2007PLC161264 | Previous |
Contact details
Jitf Shipyards Limited's registered office is in Uttar Pradesh. Its website is jindalitf.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan Mathura, Uttar Pradesh, India – 281403
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Jitf Shipyards 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
Brands
Jitf Shipyards operates two associated brands: JindalX and Jindal ITF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides BPO, customer experience, and digital transformation services using AI technology. | jindalx.com | |
| Diversified conglomerate operating across multiple industries | jindalitf.com |
Financials of Jitf Shipyards Limited
FY 2015 filings availableJitf Shipyards Limited reported revenue of ₹2.57 Cr for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹2.57 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹60.58 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹4.66 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 23.5% |
| Net Profit Margin | -1.8% |
| 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 Jitf Shipyards Limited, buy the company report.
Board of directors of Jitf Shipyards Limited
Jitf Shipyards has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kamal Aggarwal Also directs: Jindal Drilling and Industries Limited, Jitf Infralogistics Limited, Jindal Pipes Limited and 5 more | Director | 09 Feb 2016 | 10 Years 9 Months | As last reported |
| Ravinder Nath Leekha | Director | 09 Feb 2016 | 10 Years 9 Months | As last reported |
| Alok Kumar | Director | 15 Jan 2013 | 13 Years 9 Months | As last reported |
| Deepak Goyal Also directs: Jaishila Infotech Private Limited | Director | 31 Dec 2009 | 16 Years 10 Months | As last reported |
| Sunil Kumar Jain Also directs: Jindal Intellicom Limited | Director | 29 Mar 2007 | 19 Years 7 Months | As last reported |
Auditor
Jitf Shipyards Limited is audited by N.C. Aggarwal & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.C. Aggarwal & Co. | FY 2015 | 003273N |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2016 | 10612538 | Idbi Trusteeship Services Limited | ₹61.3 Cr | Open | |
| 28 Dec 2015 | 10610943 | Idbi Trusteeship Services Limited | ₹50 Cr | Open | |
| 11 Sep 2009 | 10177603 | United Bank of India | ₹4.9 Cr | Satisfied |
To see the full charge records of Jitf Shipyards Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Jitf Shipyards Limited has 14 court cases on record: 8 filed by Jitf Shipyards, 6 filed against it. 7 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 6 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| High Court of Gujarat | Appeal | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by East BNG Rivers Steam Service and Engineeing Works Workersco- Oprtv Indstl Soci. Ltd S. K. Pasi | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (Mc) | Filed by the company against East Bengal Rivers Steam Service and Engineering Works Workers Co Operative Industrial Society Ltd. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by East Bengal Rivers Steam Service and Engineeringworks Workers Cooperative Industrialsociety Ltd | Pending |
To see the full case history of Jitf Shipyards 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 Jitf Shipyards Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jitf Shipyards has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCJ8277E1ZA | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jitf Shipyards Limited, buy the company report.
Recent activity
Jitf Shipyards Limited has 13 board changes on record since 2007: 5 appointments and 8 cessations. The latest: Raj Kamal Aggarwal was appointed as Director on 09 Feb 2016.
9 earlier events are in the company report.
Frequently asked questions
Jitf Shipyards has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Jitf Shipyards was a public limited company based in Uttar Pradesh, India. The company worked in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 29 March 2007 and is registered under CIN U34109UP2007PLC069246. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Jitf Shipyards was incorporated on 29 March 2007. It is registered with the Registrar of Companies, Kanpur.
Jitf Shipyards had 5 directors:
- Raj Kamal Aggarwal - Director
- Ravinder Nath Leekha - Director
- Alok Kumar - Director
- Deepak Goyal - Director
- Sunil Kumar Jain - Director
The CIN (Corporate Identification Number) of Jitf Shipyards is U34109UP2007PLC069246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jitf Shipyards is at A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan Mathura, Uttar Pradesh, India – 281403.
Jitf Shipyards can be reached through the website jindalitf.com. Its registered office is in Uttar Pradesh, India.
The latest financial statements of Jitf Shipyards on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 15 September 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Jitf Shipyards is 19AABCJ8277E1ZA, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Jitf Shipyards operated in the transport and logistics industry, in the shipbuilding and repair services segment.
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