About Jivraj Tea Limited
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Jivraj Tea Limited is a public limited company based in Surat, Gujarat, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 18 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01130GJ1981PLC004892. Its GSTIN is 08AAACJ5895P1ZP (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹8.53 Cr. It was formerly known as Jivraj Tea Company Limited and Jivraj Tea Company Private Limited. It is led by directors including Viren Sureshbhai Shah (Managing Director) and Rushabh Virenbhai Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 501 502 601 602 5th & 6th Floor Union Heights B/S Rahul Raj Mall Vesu, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹293.57 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹14.13 Cr (net margin 4.8%) and EBITDA of ₹23.53 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
The company has about 242 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jivraj9 Tea Group. As per MCA filings, the company has open charges of ₹76.95 Cr and satisfied charges of ₹47.78 Cr on record. Court records list 77 cases involving the company, including 35 filed by the company and 43 filed against it; 14 cases are pending. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.38 Cr; the latest was in July 2023. Its 5 peer companies in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Muhavra Enterprises Private Limited with revenue of ₹332.7 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 223 overdue payments to 31 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jivraj9tea.com.
Company details
Name history
Jivraj Tea has undergone 2 name changes throughout its history. The company was previously known as Jivraj Tea Company Limited, and Jivraj Tea Company Private Limited. The current legal name is Jivraj Tea Limited.
| Company Name | Status |
|---|---|
| Jivraj Tea Limited | Current |
| Jivraj Tea Company Limited | Previous |
| Jivraj Tea Company Private Limited | Previous |
Contact details
Jivraj Tea Limited's registered office is in Surat, Gujarat. Its website is jivraj9tea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 502 601 602 5th & 6th Floor Union Heights B/S Rahul Raj Mall Vesu, Surat, Gujarat, India – 395007
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Jivraj Tea 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
Jivraj Tea operates one associated brand: Jivraj9 Tea Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jivraj9 Tea Group offers a premium collection of green tea, black tea, tea bags, and instant tea premixes. | jivraj9tea.com |
Business activity
The main business activities of Jivraj Tea are trade and electricity, gas, steam and air condition supply. In detail, this covers wholesale trading and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Jivraj Tea Limited, buy the company report.
Financials of Jivraj Tea Limited
FY 2024 filings availableJivraj Tea Limited reported revenue of ₹293.57 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA rose 95% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹23.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.13 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Jivraj Tea Limited, buy the company report.
Board of directors of Jivraj Tea Limited
Jivraj Tea has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantilal Bhogilal Jariwala | Director | 06 Apr 2024 | 2 Years 6 Months | Current |
| Rushabh Virenbhai Shah | Whole-Time Director | 31 Mar 2014 | 12 Years 6 Months | Current |
| Viren Sureshbhai Shah Also directs: Roland Realtors LLP, Kitlee Hospitality LLP | Managing Director | 01 Apr 1989 | 37 Years 6 Months | Current |
| Pathik Viren Shah Also directs: Roland Realtors LLP, Kitlee Hospitality LLP | Whole-Time Director | 31 Mar 2014 | 12 Years 6 Months | Current |
Peer comparison
Jivraj Tea Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Muhavra Enterprises Private Limited | ₹332.7 Cr (FY 2025) | 50.0% | Gurgaon, Haryana, India | |||
| Vikrma Impex Pvt Ltd | ₹324.82 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Balaji Agro Private Limited | ₹317.22 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Jivraj Tea Limitedthis company | ₹293.57 Cr (FY 2024) | ₹14.13 Cr | 4.8% | 3.0% | 242 | Surat, Gujarat, India |
| Asian Tea Company Private Limited | ₹286.18 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Marvel Limited | ₹284.7 Cr (FY 2025) | -5.0% | Haryana, India |
To see the full peer comparison of Jivraj Tea Limited, buy the company report.
Auditor
Jivraj Tea Limited is audited by DSI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSI & CO. | FY 2023 | 127226W |
Shareholding
The shareholding of Jivraj Tea 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 Jivraj Tea Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2025 | 101046666 | Others | ₹75 Lakh | Open | |
| 15 May 2024 | 100924224 | Others | ₹1.8 Cr | Open | |
| 15 Apr 2017 | 100112672 | Hdfc Bank Limited | ₹9.4 Cr | Open | |
| 29 Jun 2016 | 100051212 | Hdfc Bank Limited | ₹65 Cr | Open | |
| 01 Oct 2020 | 100379608 | Hdfc Bank Limited | ₹26.88 Lakh | Satisfied |
To see the full charge records of Jivraj Tea Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Jivraj Tea Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.38 Cr; the latest was in July 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Jivraj Tea 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
Jivraj Tea Limited has 77 court cases on record: 35 filed by Jivraj Tea, 43 filed against it. 14 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 48 | 31 | 10 |
| District courts | 25 | 9 | 4 |
| Supreme Court | 4 | 3 | 0 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Ashani Products Private Limited | Pending |
| High Court, Rajasthan | Writ petition | Filed by the company against Rajasthan Urja Vikas Nigam Limited and 2 others | Pending |
| High Court, GUJARAT | Court case (RA) | Filed against the company by Ashani Products Private Limited | Disposed |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Ashani Products Private Limited | Disposed |
| High Court, Rajasthan | Writ petition | Filed by the company against Rajasthan Urja Vikas Nigam Limited and 4 others | Disposed |
To see the full case history of Jivraj Tea 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.
Credit ratings & regulatory alerts
Jivraj Tea Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Jivraj Tea Limited, buy the company report.
MSME payment delays
Jivraj Tea Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 223 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nilkanth Enterprise | |||
| Maanav Tea Co | |||
| Lalla Mookh Tea Co Pvt Ltd | |||
| Commodities International Pvt. Ltd. | |||
| Aakash Packaging Unit 2 |
To see the full MSME payment records of Jivraj Tea Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Jivraj Tea has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Jivraj Tea Limited has a workforce of 242 employees on its EPFO records as of Jun 27, 2024, across 1 active EPFO establishment.
GST
Jivraj Tea has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACJ5895P1ZP | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jivraj Tea Limited, buy the company report.
Recent activity
Jivraj Tea Limited has 10 board changes on record since 1989: 5 appointments and 5 cessations. The latest: Nishtha Harivanshi Pamnani was appointed as Company Secretary on 19 Mar 2025.
38 earlier events are in the company report.
Frequently asked questions
Jivraj Tea is an active public limited company based in Surat, Gujarat, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 18 December 1981 (45+ years old) and is registered under CIN U01130GJ1981PLC004892.
Jivraj Tea has 4 current directors:
- Viren Sureshbhai Shah - Managing Director
- Rushabh Virenbhai Shah - Whole-Time Director
- Pathik Viren Shah - Whole-Time Director
- Kantilal Bhogilal Jariwala - Director
The latest financial statements of Jivraj Tea on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jivraj Tea is 08AAACJ5895P1ZP, registered in Rajasthan. 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 Jivraj Tea is U01130GJ1981PLC004892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jivraj Tea has 77 court cases on record: 35 filed by the company and 43 filed against it. 14 are pending. Most are in the high courts.
Jivraj Tea was incorporated on 18 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jivraj Tea has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.38 Cr; the latest was in July 2023.
The peers of Jivraj Tea by revenue are Muhavra Enterprises Private Limited, Vikrma Impex Pvt Ltd, Balaji Agro Private Limited, Asian Tea Company Private Limited, Marvel Limited, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading).
Nishtha Harivanshi Pamnani was appointed as Company Secretary on 19 Mar 2025. Kantilal Bhogilal Jariwala was appointed as Director on 06 Apr 2024. Dhruvika Vitthalbhai Savaj ceased to be Company Secretary on 25 Apr 2022. Jivraj Tea has 10 board changes on record in total.
Jivraj Tea has 11 MSME Form 1 returns on record between 2019 and 2023, listing 223 overdue payments to 31 micro and small suppliers. The latest return was filed on 22 Nov 2023.
Jivraj Tea can be reached through the website jivraj9tea.com. Its registered office is in Surat, Gujarat, India.
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