JSM Devcons Private Limited
About JSM Devcons Private Limited
Data last updated:
JSM Devcons Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45201MP2007PTC020126. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Jsm Devcon Private Limited. It is led by directors Rakesh Indermal Agarwal and Rajesh Indermal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.73 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹16.81 Lakh (net margin -249.8%) and EBITDA of -₹31.73 Lakh (EBITDA margin -471.5%).
As per MCA filings, the company has open charges of ₹38.12 Cr and satisfied charges of ₹52.75 Cr on record. Court records list 123 cases involving the company, including 8 filed by the company and 115 filed against it; 40 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
JSM Devcons Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressOffice – 1 Pt – 1 Podium Ground Floor Area – 3, Near Premium Tower – 1 Pipliyakumar, Indore, Madhya Pradesh, India – 453771
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of JSM Devcons 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
Business activity
The main business activity of JSM Devcons is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of JSM Devcons Private Limited, buy the company report.
Financials of JSM Devcons Private Limited
FY 2018 filings availableJSM Devcons Private Limited reported revenue of ₹6.73 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year. EBITDA rose 59% in the latest 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 |
|---|---|---|---|---|---|
| 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 | -₹31.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.81 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -471.5% | ||||
| Net Profit Margin | -249.8% | ||||
| 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 JSM Devcons Private Limited, buy the company report.
Board of directors of JSM Devcons Private Limited
JSM Devcons has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Indermal Agarwal Also directs: Sunbeach Realty LLP, RS Buildreal LLP, Ashoka Hi-Tech Builders Private Limited and 5 more | Director | 10 May 2024 | 2 Years 5 Months | Current |
| Rajesh Indermal Agarwal Also directs: Ashoka Hi-Tech Builders Private Limited, Panama Infraprojects Private Limited, Leading Hotels Limited and 5 more | Director | 10 May 2024 | 2 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2015 | 10605786 | Others | ₹38 Cr | Open | |
| 22 Nov 2013 | 10625628 | State Bank of India | ₹12 Lakh | Open | |
| 03 Sep 2012 | 10377842 | State Bank of India | ₹22.75 Cr | Satisfied | |
| 01 Jun 2011 | 10290359 | Madhya Pradesh Financial Corporation | ₹15 Cr | Satisfied | |
| 28 May 2010 | 10219905 | Uco Bank | ₹15 Cr | Satisfied |
To see the full charge records of JSM Devcons Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
JSM Devcons Private Limited has 123 court cases on record: 8 filed by JSM Devcons, 115 filed against it. 40 cases are pending and 83 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 79 | 26 |
| NCLAT | 22 | 19 | 13 |
| NCLT | 15 | 13 | 0 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by L and T Finance Ltd | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed against the company by Ashoka Hi-Tech Builders Pvt. Ltd. Through Director Deepak Kalra | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against L and T Housing Finance Ltd | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Edelweiss Asset Reconstruction Company Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by M/S. Rajasthan Patrika Private Limited | Disposed |
To see the full case history of JSM Devcons 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.
Credit ratings & regulatory alerts
JSM Devcons Private Limited was last rated by Icra on 19 May 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 19 May 2015 |
To see the full credit ratings and regulatory alerts of JSM Devcons Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JSM Devcons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JSM Devcons Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
JSM Devcons has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of JSM Devcons Private Limited, buy the company report.
Recent activity
JSM Devcons Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Rajesh Indermal Agarwal was appointed as Director on 10 May 2024.
9 earlier events are in the company report.
Frequently asked questions
JSM Devcons is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 December 2007 (19+ years old) and is registered under CIN U45201MP2007PTC020126.
JSM Devcons has 2 current directors:
- Rakesh Indermal Agarwal - Director
- Rajesh Indermal Agarwal - Director
The latest financial statements of JSM Devcons on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. JSM Devcons has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of JSM Devcons is U45201MP2007PTC020126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSM Devcons has 123 court cases on record: 8 filed by the company and 115 filed against it. 40 are pending. Most are in the district courts.
JSM Devcons was incorporated on 20 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Gwalior.
Rajesh Indermal Agarwal was appointed as Director on 10 May 2024. Rakesh Indermal Agarwal was appointed as Director on 10 May 2024. Ashish Dass ceased to be Managing Director on 19 Jan 2016. JSM Devcons has 9 board changes on record in total.
The registered office of JSM Devcons is at Office – 1 Pt – 1 Podium Ground Floor Area – 3, Near Premium Tower – 1 Pipliyakumar, Indore, Madhya Pradesh, India – 453771.
JSM Devcons operates in the real estate and construction industry, in the real estate builders and developers segment.