About Jssi Hydraulics Private Limited
Data last updated:
Jssi Hydraulics Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Alankar Trexim Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 July 2007.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2007PTC165420. Its GSTIN is 06AABCI7936F1ZK (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹22.2 Cr. It is led by directors Hardeep Singh and Joginder Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 1/B Mansarover Garden, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.09 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net loss of ₹11.28 Cr (net margin -86.2%) and EBITDA of -₹4.99 Cr (EBITDA margin -38.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85.03 Cr on record. Court records list 39 cases involving the company, including 6 filed by the company and 33 filed against it; 16 cases are pending. The company has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.4 Cr; the latest was in June 2016.
The last known website on record is jssi.in.
Company details
Contact details
Jssi Hydraulics Private Limited's registered office is in New Delhi, Delhi. Its website is jssi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 1/B Mansarover Garden, New Delhi, Delhi, India – 110015
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Jssi Hydraulics 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 Jssi Hydraulics is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Jssi Hydraulics Private Limited, buy the company report.
Financials of Jssi Hydraulics Private Limited
FY 2018 filings availableJssi Hydraulics Private Limited reported revenue of ₹13.09 Cr (up 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 88% growth in the latest year. EBITDA fell 31% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹13.09 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹4.99 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.28 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -38.1% | |||
| Net Profit Margin | -86.2% | |||
| 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 Jssi Hydraulics Private Limited, buy the company report.
Board of directors of Jssi Hydraulics Private Limited
Jssi Hydraulics 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 |
|---|---|---|---|---|
| Hardeep Singh | Director | 02 Jul 2007 | 19 Years 3 Months | As last reported |
| Joginder Singh Also directs: Alankar Trexim Private Limited, Overtop Barter Private Limited, Goodhope Securities Private Limited and 1 more | Director | 02 Jul 2007 | 19 Years 3 Months | As last reported |
Auditor
Jssi Hydraulics Private Limited is audited by K K KOHLI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K KOHLI & CO | FY 2018 | 010132C |
Shareholding
The shareholding of Jssi Hydraulics Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jssi Hydraulics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2016 | 100016647 | Others | ₹13.28 Cr | Open | |
| 23 Sep 2013 | 10454650 | Others | ₹60.02 Cr | Open | |
| 28 Jul 2011 | 10304707 | State Bank of India | ₹11.73 Cr | Open |
To see the full charge records of Jssi Hydraulics Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Jssi Hydraulics Private Limited has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.4 Cr; the latest was in June 2016.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Alankar Trxim Private Limited Seller: Emission Securities Private Limited , an individual |
| Mar 2015 | Funding round | ₹9.9 Cr | Investors: Emission Securities Private Limited , an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Emission Securities Private Limited , Jagtar Singh & Sons Hydraulics Private Limited Seller: 4 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Beeta Telecom Private Limited Seller: Lancer Construction Private Limited , Kesri Industrial Lab Private Limited |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Elegant Trexim Private Limited , Blooming Commodities Private Limited |
To see the full deal history of Jssi Hydraulics 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
Jssi Hydraulics Private Limited has 39 court cases on record: 6 filed by Jssi Hydraulics, 33 filed against it. 16 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 29 | 16 |
| NCLAT | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Execution petition | Filed against the company by Star Shipping Services India P Ltd and Anr | Pending |
| District court, North, Delhi | Criminal case | Filed against the company by M/S Taxone Services Private Limited and 1 other | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by M/S Action Construction Equipment Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Techno Easycrete Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Haryana State Industrial Infrastructure Development Corporation Ltd | Disposed |
To see the full case history of Jssi Hydraulics 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
Jssi Hydraulics Private Limited was last rated by Brickwork on 27 Sep 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 27 Sep 2019 |
To see the full credit ratings and regulatory alerts of Jssi Hydraulics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jssi Hydraulics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jssi Hydraulics Private Limited has a workforce of 6 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Jssi Hydraulics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCI7936F1ZK | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jssi Hydraulics Private Limited, buy the company report.
Recent activity
Jssi Hydraulics Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Jagtar Singh ceased to be Director on 04 Apr 2016.
Frequently asked questions
Jssi Hydraulics is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Jssi Hydraulics is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 02 July 2007 and is registered under CIN U74140DL2007PTC165420. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jssi Hydraulics has 2 current directors:
- Hardeep Singh - Director
- Joginder Singh - Director
The latest financial statements of Jssi Hydraulics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jssi Hydraulics is U74140DL2007PTC165420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jssi Hydraulics has open charges of ₹85.03 Cr and no satisfied charges on record as per latest MCA filings.
Jssi Hydraulics has 39 court cases on record: 6 filed by the company and 33 filed against it. 16 are pending. Most are in the district courts.
Jssi Hydraulics was incorporated on 02 July 2007. It is registered with the Registrar of Companies, Delhi.
Jssi Hydraulics has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.4 Cr; the latest was in June 2016.
Jagtar Singh ceased to be Director on 04 Apr 2016. Sukhwant Singh ceased to be Director on 04 Apr 2016. Hardeep Singh was appointed as Director on 02 Jul 2007. Jssi Hydraulics has 4 board changes on record in total.