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Jnex FM (I) Private Limited
Jnex FM (I) Private Limited - business outsourcing in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.53 Cr
▲ 18% YoY
Net profit · FY 2024
₹15.3 Lakh
Net margin 4.3%
EBITDA · FY 2024
₹24.11 Lakh
EBITDA margin 6.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
180
Provident fund records
Directors on board
3
As per MCA filings
About Jnex FM (I) Private Limited
Data last updated:
Jnex FM (I) Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U93090OR2020PTC033669. Its GSTIN is 21AAECJ8837H1ZI (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors including Alok Chandra Jena and Partha Sarathi Swain.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.53 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹15.3 Lakh (net margin 4.3%) and EBITDA of ₹24.11 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 269% over three years.
The company has about 180 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Jnex FM (I) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0022671). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U93090OR2020PTC033669
Registration Number 033669
Incorporation Date 04 August 2020
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0022671
Recognitions & Rankings of Jnex FM (I)
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0022671
Contact details
Jnex FM (I) Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 655/3431 Khata No – 238/2422, Bijipur Kalinga Nagar, Bhubaneswar, Odisha, India – 751003
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Jnex FM (I) Private Limited, buy the company report.
Comprehensive company report
Jnex FM (I) 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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Business activity
The main business activity of Jnex FM (I) is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Jnex FM (I) Private Limited, buy the company report.
Financials of Jnex FM (I) Private Limited
FY 2024 filings availableJnex FM (I) Private Limited reported revenue of ₹3.53 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹3.53 Cr ▲ 18%
Net profit · FY 2024
₹15.3 Lakh margin 4.3%
EBITDA · FY 2024
₹24.11 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 269%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 133%
Revenue has grown at a compounded annual rate (CAGR) of 269% over three years, including 18% growth in the latest year. EBITDA rose 28% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹24.11 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹15.3 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
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| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.8% | |||
| Net Profit Margin | 4.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Jnex FM (I) Private Limited, buy the company report.
Board of directors of Jnex FM (I) Private Limited
Jnex FM (I) has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Chandra Jena | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Partha Sarathi Swain Also directs: Proinfra Solutions LLP | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Barendra Sekhar | Director | 07 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Jnex FM (I) Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meritier Solutions Private Limited | ₹3.54 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Abs Staffing Services Private Limited | ₹3.54 Cr (FY 2025) | 75.0% | Noida, Uttar Pradesh, India | |||
| Jnex FM (I) Private Limitedthis company | ₹3.53 Cr (FY 2024) | ₹15.3 Lakh | 4.3% | 18.0% | 180 | Bhubaneswar, Odisha, India |
| Vinayak HR Solutions Private Limited | ₹3.52 Cr (FY 2021) | -25.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Jnex FM (I) Private Limited, buy the company report.
Auditor
Jnex FM (I) Private Limited is audited by ROMESH KUMAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROMESH KUMAR & CO. | FY 2023 | 0322390E |
Shareholding
The shareholding of Jnex FM (I) Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jnex FM (I) Private Limited, buy the company report.
Legal cases
Jnex FM (I) Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Ltd | Disposed |
To see the full case history of Jnex FM (I) 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
No delayed payments to MSME suppliers are on our record for Jnex FM (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jnex FM (I) Private Limited has a workforce of 180 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
180
Active EPFO establishments
1
Employee growth
87.5%
GST
Jnex FM (I) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECJ8837H1ZI | Odisha | Active | 25 Aug 2020 |
| 36AAECJ8837H1Z7 | Telangana | Active | 09 Feb 2021 |
To see the full GST registrations and return filing status of Jnex FM (I) Private Limited, buy the company report.
Recent activity
Jnex FM (I) Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Barendra Sekhar was appointed as Director on 07 Jun 2025.
Appointed
Barendra Sekhar was appointed as Director.
AGM
Jnex Fm (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Jnex Fm (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Appointed
Alok Chandra Jena was appointed as Director.
Appointed
Partha Sarathi Swain was appointed as Director.
Incorporation
04 Aug 2020
Jnex Fm (I) Private Limited was registered on 04 Aug 2020 with Roc Cuttack & aged 6 years 2 months as per MCA records.
Frequently asked questions
Jnex FM (I) is an active private limited company based in Bhubaneswar, Odisha, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 August 2020 (6+ years old) and is registered under CIN U93090OR2020PTC033669.
Jnex FM (I) has 3 current directors:
- Alok Chandra Jena - Director
- Partha Sarathi Swain - Director
- Barendra Sekhar - Director
The latest financial statements of Jnex FM (I) 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 FY 2021 are in the company report.
The GSTIN of Jnex FM (I) is 21AAECJ8837H1ZI, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAECJ8837H1Z7 (Telangana).
The CIN (Corporate Identification Number) of Jnex FM (I) is U93090OR2020PTC033669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jnex FM (I) has 2 court cases on record: 2 filed against it. 1 is pending.
Jnex FM (I) was incorporated on 04 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Jnex FM (I) by revenue are Meritier Solutions Private Limited, Abs Staffing Services Private Limited, Vinayak HR Solutions Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Barendra Sekhar was appointed as Director on 07 Jun 2025. Alok Chandra Jena was appointed as Director on 04 Aug 2020. Partha Sarathi Swain was appointed as Director on 04 Aug 2020.
Yes, Jnex FM (I) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Jnex FM (I) is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0022671).