JSP Textiles Private Limited
About JSP Textiles Private Limited
Data last updated:
JSP Textiles Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 28 July 1999.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1999PTC042937. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹85.9 Lakh. It is led by directors Sekar (Managing Director) and Nagala Balaraman Ravi.
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 1230 18th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.29 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Lakh (net margin -68.6%) and EBITDA of -₹1.57 Lakh (EBITDA margin -68.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹2.31 Cr on record.
Company details
Contact details
JSP Textiles Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1230 18th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of JSP Textiles 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 JSP Textiles 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 JSP Textiles Private Limited, buy the company report.
Financials of JSP Textiles Private Limited
FY 2024 filings availableJSP Textiles Private Limited reported revenue of ₹2.29 Lakh (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 15% 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 | -₹1.57 Lakh | ||||
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| Net Profit (PAT) | -₹1.57 Lakh | ||||
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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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| EBITDA Margin | -68.6% | ||||
| Net Profit Margin | -68.6% | ||||
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To see the full financial statements and ratios of JSP Textiles Private Limited, buy the company report.
Board of directors of JSP Textiles Private Limited
JSP Textiles has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sekar Also directs: Raisions Foundation Private Limited | Managing Director | 28 Jul 1999 | 27 Years 2 Months | As last reported |
| Nagala Balaraman Ravi Also directs: Raisions Foundation Private Limited | Director | 17 May 2003 | 23 Years 5 Months | As last reported |
Peer comparison
JSP Textiles Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| JSP Textiles Private Limitedthis company | ₹2.29 Lakh (FY 2024) | -₹1.57 Lakh | -68.6% | 20.0% | Chennai, Tamil Nadu, India | |
| Sivakumar Spinning Mills Private Limited | ₹2.28 Lakh (FY 2018) | Tamil Nadu, India | ||||
| Shree Bhairav Bhoorachna Developers Private Limited | ₹2.28 Lakh (FY 2025) | -87.0% | Bhiwandi, Maharashtra, India | |||
| Technocraft Specialty Yarns Limited | ₹2.27 Lakh (FY 2025) | -71.0% | Mumbai, Maharashtra, India | |||
| Yamuna Industries Ltd | ₹2.27 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of JSP Textiles Private Limited, buy the company report.
Auditor
JSP Textiles Private Limited is audited by MASILAMANI&CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MASILAMANI&CO | FY 2017 | 002017S |
Shareholding
The shareholding of JSP Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of JSP Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2002 | 90293077 | Canara Bank | ₹2.31 Cr | Satisfied |
To see the full charge records of JSP Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving JSP Textiles 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 JSP Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JSP Textiles Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
JSP Textiles 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 JSP Textiles Private Limited, buy the company report.
Recent activity
JSP Textiles Private Limited has 7 board changes on record since 1999: 2 appointments and 5 cessations. The latest: Chandran Shyamsundar ceased to be Director on 15 Jun 2023.
1 earlier event is in the company report.
Frequently asked questions
JSP Textiles is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
JSP Textiles is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 28 July 1999 and is registered under CIN U17111TN1999PTC042937. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
JSP Textiles has 2 current directors:
- Sekar - Managing Director
- Nagala Balaraman Ravi - Director
The latest financial statements of JSP Textiles 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 CIN (Corporate Identification Number) of JSP Textiles is U17111TN1999PTC042937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSP Textiles has no open charges and satisfied charges of ₹2.31 Cr as per latest MCA filings.
JSP Textiles was incorporated on 28 July 1999. It is registered with the Registrar of Companies, Chennai.
The peers of JSP Textiles by revenue are Sivakumar Spinning Mills Private Limited, Shree Bhairav Bhoorachna Developers Private Limited, Technocraft Specialty Yarns Limited, Yamuna Industries Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chandran Shyamsundar ceased to be Director on 15 Jun 2023. Nagala Balaraman Jagadeesan ceased to be Director on 15 Jun 2023. James Samuel Paul ceased to be Director on 15 Mar 2019. JSP Textiles has 7 board changes on record in total.
The registered office of JSP Textiles is at 1230 18th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.
No. JSP Textiles has 1 GST registration on record and it is cancelled or inactive.