
JRC Projects Private Limited
About JRC Projects Private Limited
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JRC Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2010PTC059370.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Rasesh Shah Hasmukh and Ruchika Rasesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Suruchi House 44 Parimal Society B/H Doctor House Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.91 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹83,360 (net margin 14.1%) and EBITDA of ₹83,360 (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 22% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
JRC Projects Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address9 Suruchi House 44 Parimal Society B/H Doctor House Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of JRC Projects Private 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
Financials of JRC Projects Private Limited
FY 2025 filings availableJRC Projects Private Limited reported revenue of ₹5.91 Lakh (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 69% growth in the latest year. EBITDA rose 122% 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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| EBITDA | ₹83,360 | ||||
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| Net Profit (PAT) | ₹83,360 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 14.1% | ||||
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To see the full financial statements and ratios of JRC Projects Private Limited, buy the company report.
Board of directors of JRC Projects Private Limited
JRC Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasesh Shah Hasmukh | Director | 24 Dec 2016 | 9 Years 10 Months | Current |
| Ruchika Rasesh Shah | Director | 24 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
JRC Projects Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Klassic Fashions (India) Private Limited | ₹5.92 Lakh (FY 2025) | 29.0% | Delhi, India | |||
| Suraj Stone Corporation Limited | ₹5.92 Lakh (FY 2018) | 27.0% | Bangalore, Karnataka, India | |||
| Shree Resources Private Limited | ₹5.91 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Shorya Financial Advisors Private Limited | ₹5.91 Lakh (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Varun Corporation Limited | ₹5.91 Lakh (FY 2017) | -37.0% | Mumbai, Maharashtra, India | |||
| JRC Projects Private Limitedthis company | ₹5.91 Lakh (FY 2024) | ₹83,360 | 14.1% | 69.0% | Ahmedabad, Gujarat, India | |
| Radhika Tie-Up Private Limited | ₹5.91 Lakh (FY 2018) | 13.0% | Patna, Bihar, India | |||
| Sakuma Finvest Private Limited | ₹5.9 Lakh (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Truefin Advisory Services Private Limited | ₹5.9 Lakh (FY 2022) | 499.0% | Kochi, Kerala, India | |||
| Alpha Prime Nidhi Limited | ₹5.9 Lakh (FY 2019) | -3.0% | Jaipur, Rajasthan, India | |||
| Razorpay Financial Services Private Limited | ₹5.9 Lakh (FY 2025) | -65.0% | Bangalore, Karnataka, India |
To see the full peer comparison of JRC Projects Private Limited, buy the company report.
Auditor
JRC Projects Private Limited is audited by KALPESH A MEHTA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALPESH A MEHTA & CO | FY 2022 | 114119W |
Shareholding
The shareholding of JRC Projects Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of JRC Projects Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving JRC Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JRC Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for JRC Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
JRC Projects Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Jawahar Bakulchandra Shah ceased to be Director on 11 Mar 2025.
Frequently asked questions
JRC Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 January 2010 (16+ years old) and is registered under CIN U74140GJ2010PTC059370.
JRC Projects has 2 current directors:
- Rasesh Shah Hasmukh - Director
- Ruchika Rasesh Shah - Director
The latest financial statements of JRC Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of JRC Projects is U74140GJ2010PTC059370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JRC Projects was incorporated on 30 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of JRC Projects by revenue are Klassic Fashions (India) Private Limited, Suraj Stone Corporation Limited, Shree Resources Private Limited, Shorya Financial Advisors Private Limited, Varun Corporation Limited and 5 more, all in the BFSI industry (Other Financial Services).
Jawahar Bakulchandra Shah ceased to be Director on 11 Mar 2025. Smita Jawahar Shah ceased to be Director on 11 Mar 2025. Rasesh Shah Hasmukh was appointed as Director on 24 Dec 2016. JRC Projects has 6 board changes on record in total.
The registered office of JRC Projects is at 9 Suruchi House 44 Parimal Society BH Doctor House Ellisbridge, Ahmedabad, Gujarat, India – 380006.
JRC Projects operates in the financial services industry, in the diversified financial services segment.
The compliance status of JRC Projects is active non-compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.
JRC Projects can be reached at its registered office: 9 Suruchi House 44 Parimal Society BH Doctor House Ellisbridge, Ahmedabad, Gujarat, India – 380006.