- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0167753

About JSM Corporation Private Limited
Data last updated:
JSM Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 26 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2004PTC175698. Its GSTIN is 27AABCJ4903B1Z2 (Maharashtra). The company holds 10 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹27.41 Cr. It was formerly known as Jsm Holdings Private Limited and Jsm Restaurants Private Limited. It is led by directors including Sanjay Lalchand Mahtani (Managing Director) and Harish Anand.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹117.44 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹14.91 Cr (net margin -12.7%) and EBITDA of ₹90 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The company has about 295 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: JSM. As per MCA filings, the company has open charges of ₹110.9 Cr and satisfied charges of ₹27.5 Cr on record. Court records list 67 cases involving the company, including 21 filed by the company and 46 filed against it; 18 cases are pending. The company has 28 deals on record (16 secondary share transfers, 6 convertible or debt financings, 5 funding rounds), with disclosed funding of ₹165.03 Cr; the latest was in October 2023. Its 5 peer companies in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 2 larger and 3 smaller; the largest is Tipping Mr Pink Private Limited with revenue of ₹119.88 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 103 overdue payments to 12 micro and small suppliers.
JSM Corporation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0167753). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jsmcorp.in.
Company details
Name history
JSM Corporation has undergone 2 name changes throughout its history. The company was previously known as Jsm Holdings Private Limited, and Jsm Restaurants Private Limited. The current legal name is Jsm Corporation Private Limited.
| Company Name | Status |
|---|---|
| JSM Corporation Private Limited | Current |
| Jsm Holdings Private Limited | Previous |
| Jsm Restaurants Private Limited | Previous |
CIN history
JSM Corporation has one previous CIN (Corporate Identification Number): U74999DL2004PTC130204. The current CIN is U74999MH2004PTC175698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2004PTC175698 | Current |
| U74999DL2004PTC130204 | Previous |
Recognitions & Rankings of JSM Corporation
Contact details
JSM Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is jsmcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFloor – 2 Plot – 264/265 Vaswani Chambers, Dr Annie Besant Road Worli Colony, Mumbai, Maharashtra, India – 400030
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of JSM Corporation 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
Brands
JSM Corporation operates one associated brand: JSM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Restaurant chains are managed across multiple brands in India. | jsmcorp.in |
Business activity
The main business activity of JSM Corporation is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of JSM Corporation Private Limited, buy the company report.
Financials of JSM Corporation Private Limited
FY 2025 filings availableJSM Corporation Private Limited reported revenue of ₹117.44 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 140% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹90 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.91 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | -12.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of JSM Corporation Private Limited, buy the company report.
Board of directors of JSM Corporation Private Limited
JSM Corporation has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Lalchand Mahtani | Managing Director | 26 Oct 2004 | 22 Years 0 Months | Current |
| Harish Anand Also directs: JSM Restaurants India Private Limited, JSM Concept Restaurant Private Limited, Mac Charles (India) Limited and 3 more | Additional Director | 15 Mar 2025 | 1 Years 8 Months | Current |
| Siddharth Mankani Also directs: JSM Three Senses LLP, Lounge Hospitality LLP, Embassy Leisure and Entertainment Projects LLP and 3 more | Nominee Director | 30 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
JSM Corporation Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tipping Mr Pink Private Limited | ₹119.88 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India | |||
| Red Apple Kitchen Consultancy Private Limited | ₹117.8 Cr (FY 2025) | 8.0% | Bengaluru, Karnataka, India | |||
| JSM Corporation Private Limitedthis company | ₹117.44 Cr (FY 2025) | -₹14.91 Cr | -12.7% | -44.0% | 295 | Mumbai, Maharashtra, India |
| Good Flippin Foods Private Limited | ₹113.48 Cr (FY 2025) | 78.0% | Mumbai, Maharashtra, India | |||
| Ph4 Food & Beverages Private Limited | ₹113.08 Cr (FY 2024) | 14.0% | Bengaluru, Karnataka, India | |||
| Hunger Inc Hospitality Private Limited | ₹112.47 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of JSM Corporation Private Limited, buy the company report.
Auditor
JSM Corporation Private Limited is audited by Maheshwari & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maheshwari & Co. | FY 2023 | 105834W |
Shareholding
The shareholding of JSM Corporation 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 JSM Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2021 | 100512042 | Yes Bank Limited | ₹9.95 Cr | Open | |
| 07 Jun 2021 | 100454378 | Yes Bank Limited | ₹9.95 Cr | Open | |
| 16 Feb 2017 | 100084312 | Others | ₹2 Cr | Open | |
| 24 Jan 2011 | 10274600 | Yes Bank Limited | ₹17.5 Cr | Open | |
| 30 Jun 2009 | 10167917 | Yes Bank Limited | ₹60 Cr | Open |
To see the full charge records of JSM Corporation Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
JSM Corporation Private Limited has 28 deals on record (16 secondary share transfers, 6 convertible or debt financings, 5 funding rounds), with disclosed funding of ₹165.03 Cr; the latest was in October 2023.
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: Limehouse Investments Limited Seller: Square Meal Investments, Skylight Investments |
| Jan 2015 | Funding round | ₹3.42 Cr | Investors: Saarem Limited, Edelweiss Financial Services Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Premjiinvest Seller: Global Sports Broadcast Services Private Limited, Saarem Limited, 2 individuals |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Kampilya Investments Private Limited , 3 individuals Seller: Square Meal Investments, Skylight Investments |
| Jun 2007 | Secondary share transfer | Undisclosed | Buyer: Edelweiss Financial Services Limited , 3 individuals Seller: 2 individuals |
To see the full deal history of JSM Corporation Private 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
JSM Corporation Private Limited has 67 court cases on record: 21 filed by JSM Corporation, 46 filed against it. 18 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 27 | 8 |
| High courts | 32 | 18 | 10 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by The Indian Performing Right Society Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by The Indian Performing Right Society Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed by the company against JSM HKS LLP and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against M/S Information Technology Park Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by HT Media Ltd. and Others | Disposed |
To see the full case history of JSM Corporation 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
JSM Corporation Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 103 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sai Enterprises | |||
| Shreenath Agro Tech Private Limited | |||
| an individual supplier | |||
| MRK Foods Private Limited | |||
| Quessentials Private Limited |
To see the full MSME payment records of JSM Corporation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
JSM Corporation has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| JSM Restaurants India Private Limited | U55209MH2007PTC172504 | |
| JSM Concept Restaurant Private Limited | U74999MH2016PTC280645 |
To see the full group structure of JSM Corporation Private Limited, buy the company report.
Employees & EPFO
JSM Corporation Private Limited has a workforce of 295 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 295 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of JSM Corporation Private Limited, buy the company report.
GST
JSM Corporation has 10 GST registrations: 3 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ4903B1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 29AABCJ4903B1ZY | Karnataka | Active | 01 Jul 2017 |
| 36AABCJ4903B1Z3 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JSM Corporation Private Limited, buy the company report.
Recent activity
JSM Corporation Private Limited has 16 board changes on record since 2004: 3 appointments and 13 cessations. The latest: Harish Anand was appointed as Additional Director on 15 Mar 2025.
20 earlier events are in the company report.
News
Frequently asked questions
JSM Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 26 October 2004 (22+ years old) and is registered under CIN U74999MH2004PTC175698.
JSM Corporation has 3 current directors:
- Sanjay Lalchand Mahtani - Managing Director
- Harish Anand - Additional Director
- Siddharth Mankani - Nominee Director
The latest financial statements of JSM Corporation 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 GSTIN of JSM Corporation is 27AABCJ4903B1Z2, registered in Maharashtra. The company has 10 GST registrations in all, of which 3 are active and 7 are cancelled or inactive. Other active GSTINs include 29AABCJ4903B1ZY (Karnataka), 36AABCJ4903B1Z3 (Telangana).
The CIN (Corporate Identification Number) of JSM Corporation is U74999MH2004PTC175698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSM Corporation has 67 court cases on record: 21 filed by the company and 46 filed against it. 18 are pending. Most are in the district courts.
JSM Corporation was incorporated on 26 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
JSM Corporation has 28 deals on record (16 secondary share transfers, 6 convertible or debt financings, 5 funding rounds), with disclosed funding of ₹165.03 Cr; the latest was in October 2023.
The peers of JSM Corporation by revenue are Tipping Mr Pink Private Limited, Red Apple Kitchen Consultancy Private Limited, Good Flippin Foods Private Limited, Ph4 Food & Beverages Private Limited, Hunger Inc Hospitality Private Limited, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Harish Anand was appointed as Additional Director on 15 Mar 2025. Shailendra Konanur Subbaraya ceased to be Nominee Director on 15 Mar 2025. Jayajit Singh ceased to be Managing Director on 30 Nov 2017. JSM Corporation has 16 board changes on record in total.
Yes, JSM Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0167753).
JSM Corporation has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 103 overdue payments to 12 micro and small suppliers. The latest return was filed on 06 Oct 2020.

