About JMC Projects (India) Limited
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JMC Projects (India) Limited was a public limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Kalpataru Power Transmission Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 June 1986.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45200GJ1986PLC008717. The company has 22 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 31 Mar 2023 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹33.58 Cr. It was formerly known as Civen Constructions Private Limited and Joshi and Modi Construction Private Limited. It was led by directors including Shailendra Kumar Tripathi (Managing Director) and Anjali Karamnarayan Seth.
Its last annual general meeting (AGM) was held on 03 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at A – 104 Shapath – 4 Oppl Karnavati Club S.G. Road, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2022, the company reported a revenue of ₹5,385.92 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹18.19 Cr (net margin 0.3%) and EBITDA of ₹437.16 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 17% over five years.
The company had about 7,964 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 4 subsidiaries.
The company was associated with 1 brand: JMC Projects. As per MCA filings, the company had satisfied charges of ₹7,847.99 Cr on record. Court records list 333 cases involving the company, including 194 filed by the company and 139 filed against it; 41 cases are pending. The company has 50 deals on record (42 market trades, 4 acquisitions, 2 debt financings), with disclosed funding of ₹274 Cr; the latest was in December 2022. The company has 66 MSME Form 1 returns on record between 2014 and 2022, listing 13,401 overdue payments to 1,170 micro and small suppliers.
The last known website on record is jmcprojects.com.
Company details
Name history
JMC Projects (India) has undergone 4 name changes throughout its history. The current legal name is Jmc Projects (India) Limited.
| Company Name | Status |
|---|---|
| JMC Projects (India) Limited | Current |
| Civen Constructions Private Limited | Previous |
| Joshi And Modi Construction Private Limited | Previous |
| Civen Construction Private Limited | Previous |
| Jmc Projects (India) Private Limited | Previous |
CIN history
JMC Projects (India) has one previous CIN (Corporate Identification Number): U45200GJ1986PLC008717. The current CIN is L45200GJ1986PLC008717, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200GJ1986PLC008717 | Current |
| U45200GJ1986PLC008717 | Previous |
Contact details
JMC Projects (India) Limited's registered office is in Ahmedabad, Gujarat. Its website is jmcprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 104 Shapath – 4 Oppl Karnavati Club S.G. Road, Ahmedabad, Gujarat, India – 380051
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of JMC Projects (India) 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
JMC Projects (India) operates one associated brand: JMC Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Civil and structural engineering services are provided for major industries. | jmcprojects.com |
Business activity
The main business activity of JMC Projects (India) is construction. In detail, this covers buildings, roads, railways, utility projects and demolition & site preparation, electrical, plumbing & other specialized construction activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| F | Construction | F2 | Roads, railways, Utility projects | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of JMC Projects (India) Limited, buy the company report.
Financials of JMC Projects (India) Limited
FY 2022 filings availableJMC Projects (India) Limited reported revenue of ₹5,385.92 Cr (up 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 44% growth in the latest year. EBITDA fell 6% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5,385.92 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹437.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.19 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 JMC Projects (India) Limited, buy the company report.
Board of directors and KMP of JMC Projects (India) Limited
JMC Projects (India) Limited currently reports 8 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Karamnarayan Seth | Director | 01 Aug 2014 | 12 Years 2 Months | As last reported |
| Vikram Singhvi | Cfo | 03 Aug 2022 | 4 Years 2 Months | As last reported |
| Shailendra Kumar Tripathi Also directs: Kalpataru Projects International Limited | Managing Director | 22 Oct 2011 | 15 Years 0 Months | As last reported |
| Hemant Ishwarlal Modi Also directs: Aelius Projects LLP, M & B Engineering Limited, JMC Mining and Quarries Limited and 1 more | Director | 05 Jun 1986 | 40 Years 4 Months | As last reported |
| Kamal Kishore Jain | Director | 05 Feb 2005 | 21 Years 8 Months | As last reported |
| Devendra Raj Mehta Also directs: Poly Medicure Limited, Agriglow Farmer Producer Company Limited, Atul Rajasthan Date Palms Limited and 3 more | Director | 11 Dec 2008 | 17 Years 10 Months | As last reported |
Auditor
JMC Projects (India) Limited is audited by B S R & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2022 | 101248W/W-100022 |
Shareholding
The shareholding of JMC Projects (India) Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JMC Projects (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2021 | 100475540 | Others | ₹250 Cr | Satisfied | |
| 28 Jul 2021 | 100465837 | Others | ₹175 Cr | Satisfied | |
| 30 Sep 2020 | 100377984 | Others | ₹3.8 Cr | Satisfied | |
| 31 Jul 2020 | 100359138 | State Bank of India | ₹8.37 Cr | Satisfied | |
| 06 Jun 2020 | 100340254 | Others | ₹13.15 Cr | Satisfied |
To see the full charge records of JMC Projects (India) Limited, buy the company report.
Total charge records: 136 View all charges
Deals & funding
JMC Projects (India) Limited has 50 deals on record (42 market trades, 4 acquisitions, 2 debt financings), with disclosed funding of ₹274 Cr; the latest was in December 2022.
Deals on record (5 of 50)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Acquisition | Undisclosed | Buyer: Kalpataru Projects International Limited |
| Feb 2022 | Acquisition | Undisclosed | Buyer: Kalpataru Projects International Limited |
| May 2020 | Market trade | ₹5.45 Cr | Buyer: Quest Investment Advisors Private Limited |
| May 2020 | Market trade | ₹3.56 Cr | Buyer: Quest Investment Advisors Private Limited |
| Dec 2014 | Market trade | ₹4.75 Cr | Buyer: Crest Capital & Investment Seller: Priyanka Finance Private Limited |
To see the full deal history of JMC Projects (India) 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
JMC Projects (India) Limited has 333 court cases on record: 194 filed by JMC Projects (India), 139 filed against it. 41 cases are pending and 292 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 176 | 53 | 22 |
| District courts | 145 | 80 | 18 |
| Supreme Court | 9 | 6 | 0 |
| NCLAT | 2 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 333)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed against the company by Roofmatrix Technologies Pvt Ltd | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Rail Vikas Nigam Limited (RVNL) | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Sunil Hitech Engineers Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Indure Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Telecommunications Consultants India Limited | Disposed |
To see the full case history of JMC Projects (India) 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
JMC Projects (India) Limited was last rated by Care on 13 Oct 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Oct 2022 |
To see the full credit ratings and regulatory alerts of JMC Projects (India) Limited, buy the company report.
MSME payment delays
JMC Projects (India) Limited has 66 MSME Form 1 returns on record between 2014 and 2022, listing 13,401 overdue payments to 1,170 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 1,170)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| PTT Industrial Solutions | |||
| an individual supplier | |||
| Pankaj Steels | |||
| Aero Survey Private Limited |
To see the full MSME payment records of JMC Projects (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
JMC Projects (India) has 4 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| JMC Mining and Quarries Limited | U45201GJ1996PLC028732 | |
| Wainganga Expressway Private Limited | U45203MH2011PTC264642 | |
| Vindhyachal Expressway Private Limited | U45203MH2012PTC271978 | |
| Brij Bhoomi Expressway Private Limited | U74900MH2010PTC261958 |
To see the full group structure of JMC Projects (India) Limited, buy the company report.
Employees & EPFO
JMC Projects (India) Limited has a workforce of 7,964 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
JMC Projects (India) has 22 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of JMC Projects (India) Limited, buy the company report.
Recent activity
JMC Projects (India) Limited has 34 board changes on record since 1986: 22 appointments and 12 cessations. The latest: Vikram Singhvi was appointed as CFO on 03 Aug 2022.
306 earlier events are in the company report.
News
Frequently asked questions
JMC Projects (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
JMC Projects (India) was a public limited company based in Ahmedabad, Gujarat, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 June 1986 and is registered under CIN L45200GJ1986PLC008717. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
JMC Projects (India) was incorporated on 05 June 1986. It is registered with the Registrar of Companies, Ahmedabad.
JMC Projects (India) had 10 directors and KMP:
- Shailendra Kumar Tripathi - Managing Director
- Anjali Karamnarayan Seth - Director
- Hemant Ishwarlal Modi - Director
- Kamal Kishore Jain - Director
- Devendra Raj Mehta - Director
- Manish Dashrathmal Mohnot - Director
- Shailendra Raj Mehta - Director
- Amit Uplenchwar - Director
- Vikram Singhvi - Cfo
- Samir Vinodray Raval - Company Secretary
The CIN (Corporate Identification Number) of JMC Projects (India) is L45200GJ1986PLC008717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JMC Projects (India) is recorded as a listed company by MCA, but its shares were delisted from BSE on 31 Mar 2023 · merger, and no longer trade on a stock exchange.
The registered office of JMC Projects (India) is at A – 104 Shapath – 4 Oppl Karnavati Club S.G. Road, Ahmedabad, Gujarat, India – 380051.
JMC Projects (India) can be reached through the website jmcprojects.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of JMC Projects (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 03 August 2022. Year-wise statements from 2015 are in the company report.
No. JMC Projects (India) has 22 GST registrations on record and all of them are cancelled or inactive.
JMC Projects (India) operated in the infrastructure and utilities industry, in the general construction services segment.