MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0006831
Jostars Orgotech Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.91 Cr
▼ 19% YoY
Net profit · FY 2024
₹1.15 Lakh
Net margin 0%
EBITDA · FY 2024
₹2.49 Cr
EBITDA margin 5.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹23.98 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹30.86 Cr
Company age
35 yrs
Est. 1991
Directors on board
3
As per MCA filings
About Jostars Orgotech Private Limited
Data last updated:
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 6 filed against it; 5 cases are pending.
Jostars Orgotech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0006831). 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.
Company details
CIN U24113MH1991PTC063529
Registration Number 063529
Incorporation Date 09 October 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0006831
Key People
Vijay Nathmal Lohia Director Ajay Ramniranjan Goenka Director Nikhar Vijay Lohia Director Recognitions & Rankings of Jostars Orgotech
Contact details
Jostars Orgotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is jostars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA 501 – 502 Innova Marathon Next Gen Off Ganpatrao Kadam Marg, Mumbai, Maharashtra, India – 400013
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Jostars Orgotech Private Limited, buy the company report.
Comprehensive company report
Jostars Orgotech 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 Jostars Orgotech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Jostars Orgotech Private Limited, buy the company report.
Financials of Jostars Orgotech Private Limited
FY 2024 filings availableJostars Orgotech Private Limited reported revenue of ₹48.91 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹48.91 Cr ▼ 19%
Net profit · FY 2024
₹1.15 Lakh margin 0%
EBITDA · FY 2024
₹2.49 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Jostars Orgotech Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Nathmal Lohia | Director | 27 Apr 2009 | 17 Years 6 Months | Current |
| Ajay Ramniranjan Goenka | Director | 01 Nov 2013 | 13 Years 0 Months | Current |
| Nikhar Vijay Lohia | Director | 27 Apr 2009 | 17 Years 6 Months | Current |
Peer comparison
Jostars Orgotech Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Confectionery and Bakery Products, Dyes and Pigments, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| 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 | |||
| Jostars Orgotech Private Limitedthis company | ₹48.91 Cr (FY 2024) | ₹1.15 Lakh | 0% | -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 | ₹48.83 Cr (FY 2025) | -1.0% | Ernakulam, Kerala, India | |||
| Wearit Global Limited | ₹48.83 Cr (FY 2020) | -80.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Jostars Orgotech Private Limited, buy the company report.
Auditor
Jostars Orgotech Private Limited is audited by KIRIT SALGIA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRIT SALGIA AND COMPANY | FY 2023 | 105208W |
Shareholding
The shareholding of Jostars Orgotech Private 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 Jostars Orgotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹30.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100968753 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 22 Nov 2009 | 10196512 | Hdfc Bank Limited | ₹11 Cr | Satisfied | |
| 24 Aug 2007 | 10087130 | Hdfc Bank Limited | ₹16.56 Cr | Satisfied | |
| 29 Sep 2006 | 10083388 | Uti Bank Limited | ₹1 Cr | Satisfied | |
| 23 Sep 2006 | 10083394 | The Saraswat Co-Operative Bank Ltd | ₹15 Lakh | Satisfied |
To see the full charge records of Jostars Orgotech Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Jostars Orgotech Private Limited has 18 court cases on record: 12 filed by Jostars Orgotech, 6 filed against it. 5 cases are pending and 13 are disposed.
Total cases
18
Filed by the company
12
Filed against the company
6
Pending
5
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 4 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 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 Textile Processors Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Alok Industries Ltd & Ors. and 2 others | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Bombay Rayon Fashions Limited | Disposed |
| Bombay High Court | Court case (TD) | Filed by the company against Maharaja Dyeing Pvt.Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company | Pending |
To see the full case history of Jostars Orgotech 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 Jostars Orgotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jostars Orgotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ2496H1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jostars Orgotech Private Limited, buy the company report.
Recent activity
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.
AGM
Jostars Orgotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100968753 was registered on 29 Aug 2024.
Charges
A charge registered on 22 Nov 2009 via Charge ID 10196512 with Hdfc Bank Limited was fully satisfied on 13 Aug 2024.
Charges
A charge registered on 24 Aug 2007 via Charge ID 10087130 with Hdfc Bank Limited was fully satisfied on 13 Aug 2024.
Filing
Jostars Orgotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 1,100.00 Lakh registered on 22 Nov 2009 with Charge ID 10196512 was modified on 11 Aug 2023.
Charges
A charge registered on 19 Feb 1999 via Charge ID 90150635 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 28 Nov 2022.
Charges
A charge registered on 16 Oct 1998 via Charge ID 90151477 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 28 Nov 2022.
Charges
A charge registered on 21 Jul 1997 via Charge ID 90150472 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 28 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 1,656.48 Lakh registered on 24 Aug 2007 with Charge ID 10087130 was modified on 08 Aug 2022.
Ceased
Anup Kumar Poddar ceased to be Director.
Appointed
Ajay Ramniranjan Goenka was appointed as Director.
24 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Vijay Nathmal Lohia - Director
- Ajay Ramniranjan Goenka - Director
- Nikhar Vijay Lohia - Director
The latest financial statements of Jostars Orgotech 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 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 6 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, Elljay Textiles Private Limited, Swami Palani Anadavar Spinners (India) Private Limited and 3 more, all in the Manufacturing industry (Confectionery and Bakery Products, Dyes and Pigments, Textiles), with the same principal business activity (textile, leather and other apparel products).
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.
Yes, Jostars Orgotech is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0006831).
Jostars Orgotech can be reached through the website jostars.com. Its registered office is in Mumbai, Maharashtra, India.
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