About Jostars Orgotech Private Limited
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Jostars Orgotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 09 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24113MH1991PTC063529. Its GSTIN is 27AABCJ2496H1ZE (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹23.98 Lakh. It was formerly known as Jay Overseas (Chemicals) Pvt Ltd. It is led by directors including Vijay Nathmal Lohia and Ajay Ramniranjan Goenka.
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 A 501 – 502 Innova Marathon Next Gen Off Ganpatrao Kadam Marg, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.91 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 0%) and EBITDA of ₹2.49 Cr (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹30.86 Cr on record. Court records list 18 cases involving the company, including 12 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jostars.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA 501 – 502 Innova Marathon Next Gen Off Ganpatrao Kadam Marg, Mumbai, Maharashtra, India – 400013
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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
- One PDF report, delivered after checkout
Business Activity of Jostars Orgotech Private Limited
The main business activity of Jostars Orgotech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Jostars Orgotech Private Limited FY 2024 filings available
Jostars Orgotech Private Limited reported revenue of ₹48.91 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Jostars Orgotech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 19% fall in the latest year. EBITDA fell 4% 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 of Jostars Orgotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.15 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 of Jostars Orgotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jostars Orgotech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Jostars Orgotech Private Limited
Jostars Orgotech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Confectionery and Bakery Products, Dyes and Pigments, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhika Syntex Private Limited | ₹49.13 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Surat, Gujarat, India |
| Rama Cotspin Private Limited | ₹49.11 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ambala, Haryana, India |
| Raj Couture Private Limited | ₹49.07 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Frontier Biscuit Factory Private Limited | ₹49.06 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Shrinathji Dye-Chem Export Private Limited | ₹49.01 Cr (FY 2024) | •••• | •••• | 67106.0% | •••• | Ahmedabad, Gujarat, India |
| Jostars Orgotech Private Limited this company | ₹48.91 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Elljay Textiles Private Limited | ₹48.9 Cr (FY 2023) | •••• | •••• | -19.0% | •••• | Coimbatore, Tamil Nadu, India |
| Swami Palani Anadavar Spinners (India) Private Limited | ₹48.87 Cr (FY 2020) | •••• | •••• | -35.0% | •••• | Vellakovil, Tamil Nadu, India |
| Sri Ratnalakshmi Spinning Mills Private Limited | ₹48.84 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Gobichettipalayam, Tamil Nadu, India |
| Patspin India Ltd Listed | ₹48.83 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ernakulam, Kerala, India |
| Wearit Global Limited | ₹48.83 Cr (FY 2020) | •••• | •••• | -80.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Jostars Orgotech by revenue in the Manufacturing industry (Confectionery and Bakery Products, Dyes and Pigments, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Jostars Orgotech Private Limited
Jostars Orgotech Private Limited is audited by KIRIT SALGIA AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRIT SALGIA AND COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Jostars Orgotech Private Limited
Jostars Orgotech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Nathmal Lohia | Director | 27 Apr 2009 | 17 Years 5 Months | Current |
| Ajay Ramniranjan Goenka | Director | 01 Nov 2013 | 12 Years 11 Months | Current |
| Nikhar Vijay Lohia | Director | 27 Apr 2009 | 17 Years 5 Months | Current |
Ownership and Shareholding of Jostars Orgotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jostars Orgotech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2024 | Hdfc Bank Limited | ₹50 Lakh | Open |
| 22 Nov 2009 | Hdfc Bank Limited | ₹11 Cr | Satisfied |
| 24 Aug 2007 | Hdfc Bank Limited | ₹16.56 Cr | Satisfied |
| 29 Sep 2006 | Uti Bank Limited | ₹1 Cr | Satisfied |
| 23 Sep 2006 | The Saraswat Co-Operative Bank Ltd | ₹15 Lakh | Satisfied |
Total charge records: 12 View all charges
Legal Cases of Jostars Orgotech Private Limited
Jostars Orgotech Private Limited has 18 court cases on record: 12 filed by Jostars Orgotech, 5 filed against it, 1 where it is another party. 5 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 5 | 4 |
| High courts | 5 | 0 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Arbitration matter | Filed by the company against Gurudev Textiles Processors Private Limited | Pending |
| District court, Thane, Maharashtra | Arbitration matter | Filed by the company against Hastkamal Texchem Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Alok Industries Limited and 2 others | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Primafashion Global Private Limited | Disposed |
| Bombay High Court | Court case (TD) | Filed by the company against Maharaja Dyeing Pvt Ltd | Disposed |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Jostars Orgotech Private Limited
Employment history and EPFO contributions of people linked to Jostars Orgotech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Jostars Orgotech Private Limited
Jostars Orgotech Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Anup Kumar Poddar ceased to be Director on 31 Mar 2018.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jostars Orgotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jostars Orgotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jostars Orgotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Jostars Orgotech Private Limited
Jostars Orgotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ2496H1ZE | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jostars Orgotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Jostars Orgotech Private Limited
Jostars Orgotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 09 October 1991 (35+ years old) and is registered under CIN U24113MH1991PTC063529.
Jostars Orgotech reported revenue of ₹48.91 Cr for FY 2024 (down 19% YoY).
Jostars Orgotech has 3 current directors:
- Vijay Nathmal Lohia - Director
- Ajay Ramniranjan Goenka - Director
- Nikhar Vijay Lohia - Director
Jostars Orgotech reported a net profit of ₹1.15 Lakh (net margin 0%) and EBITDA of ₹2.49 Cr (EBITDA margin 5.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jostars Orgotech is -13% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jostars Orgotech is 27AABCJ2496H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jostars Orgotech is U24113MH1991PTC063529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jostars Orgotech has 18 court cases on record: 12 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Jostars Orgotech was incorporated on 09 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jostars Orgotech by revenue are Radhika Syntex Private Limited, Rama Cotspin Private Limited, Raj Couture Private Limited, Frontier Biscuit Factory Private Limited, Shrinathji Dye-Chem Export Private Limited and 5 more, all in the Manufacturing industry (Confectionery and Bakery Products, Dyes and Pigments, Textiles).
Anup Kumar Poddar ceased to be Director on 31 Mar 2018. Ajay Ramniranjan Goenka was appointed as Director on 01 Nov 2013. Ajay Ramniranjan Goenka ceased to be Managing Director on 15 Mar 2012. Jostars Orgotech has 6 board changes on record in total.