About Jushi India Private Limited
Data last updated:
Jushi India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Jushi Group Co Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the glass and products segment of the manufacturing sector. It was incorporated on 08 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2008PTC179862. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It was formerly known as Jushi (India) Frp Accessories Private Limited. It was led by directors including Chengche Ding and Ping Wang.
Its last annual general meeting (AGM) was held on 17 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at G – 19 & 20 Creative Industrial Centre N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.96 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr and EBITDA of -₹1.91 Cr. Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 80% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹30 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The last known website on record is jushiindia.com.
Company details
Contact details
Jushi India Private Limited's registered office is in Mumbai, Maharashtra. Its website is jushiindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 19 & 20 Creative Industrial Centre N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011
- IndustryManufacturing, Glass & Products
To see the full contact details of Jushi India 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 Jushi India Private Limited
FY 2020 filings availableJushi India Private Limited reported revenue of ₹1.96 Lakh (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. EBITDA fell 4% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.96 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.96 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Jushi India Private Limited, buy the company report.
Board of directors of Jushi India Private Limited
Jushi India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chengche Ding | Director | 03 Nov 2008 | 18 Years 0 Months | As last reported |
| Divyesh Kishor Mehta | Alternate Director | 24 Dec 2019 | 6 Years 10 Months | As last reported |
| Ping Wang | Director | 25 Nov 2015 | 10 Years 11 Months | As last reported |
| Ramachandran Sambasivan | Director | 25 Nov 2015 | 10 Years 11 Months | As last reported |
Peer comparison
Jushi India Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Glass Works), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nipro Tube Glass Private Limited | ₹2.5 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Raavina Industrial Glasses Pvt Ltd | ₹2.42 Lakh (FY 2025) | 299.0% | Kolkata, West Bengal, India | |||
| Surat Glass India Limited | ₹2.14 Lakh (FY 2022) | 1471.0% | Surat, Gujarat, India | |||
| Ridhi Sidhi Buildconcepts (India) Private Limited | ₹2.08 Lakh (FY 2025) | 7.0% | Jaipur, Rajasthan, India | |||
| Shiva Glass Works Company Ltd | ₹1.98 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Jushi India Private Limitedthis company | ₹1.96 Lakh (FY 2020) | -₹1.96 Cr | -100.0% | 3 | Mumbai, Maharashtra, India | |
| Himachal Safetyglass (India) Private Limited | ₹1.81 Lakh (FY 2025) | -98.0% | New Delhi, Delhi, India | |||
| Indostar Glass Works Private Limited | ₹1.71 Lakh (FY 2025) | 67.0% | Moradabad, Uttar Pradesh, India | |||
| Synthera Biomedical Private Limited | ₹1.53 Lakh (FY 2025) | 383.0% | Pune, Maharashtra, India | |||
| Suntech Glass Private Limited | ₹1.53 Lakh (FY 2025) | -68.0% | New Delhi, Delhi, India | |||
| Exeliq Business Solution Private Limited | ₹1.52 Lakh (FY 2019) | Durga Bari Gaya, Bihar, India |
To see the full peer comparison of Jushi India Private Limited, buy the company report.
Auditor
Jushi India Private Limited is audited by V J SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V J SHAH & CO | FY 2020 | 109823W |
Shareholding
The shareholding of Jushi India Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jushi India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2010 | 10258115 | Bank of Maharashtra | ₹12 Cr | Satisfied | |
| 20 Mar 2009 | 10156771 | Bank of Maharashtra | ₹18 Cr | Satisfied |
To see the full charge records of Jushi India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Jushi India Private Limited has 4 court cases on record: 4 filed by Jushi India. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Balaji Fiber Reinforce Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Balaji Fiber Reinforce Pvt. Ltd. and 4 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Shriram Composites Pvt Ltd and 4 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against M/S. Advance Textiles and Materials | Disposed |
To see the full case history of Jushi India 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
No delayed payments to MSME suppliers are on our record for Jushi India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jushi India Private Limited has a workforce of 3 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Jushi India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jushi India Private Limited, buy the company report.
Recent activity
Jushi India Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Divyesh Kishor Mehta was appointed as Alternate Director on 24 Dec 2019.
6 earlier events are in the company report.
Frequently asked questions
Jushi India has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Jushi India was a private limited company based in Mumbai, Maharashtra, India. The company worked in glass and products, within the manufacturing industry. It was incorporated on 08 March 2008 and is registered under CIN U25209MH2008PTC179862. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Jushi India was incorporated on 08 March 2008. It is registered with the Registrar of Companies, Mumbai.
Jushi India had 4 directors:
- Chengche Ding - Director
- Divyesh Kishor Mehta - Alternate Director
- Ping Wang - Director
- Ramachandran Sambasivan - Director
The CIN (Corporate Identification Number) of Jushi India is U25209MH2008PTC179862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jushi India is at G – 19 & 20 Creative Industrial Centre N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011.
Jushi India can be reached through the website jushiindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Jushi India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 17 September 2020. Year-wise statements from 2015 are in the company report.
No. Jushi India has 2 GST registrations on record and all of them are cancelled or inactive.
Jushi India operated in the manufacturing industry, in the glass and products segment.
The peers of Jushi India by revenue are Nipro Tube Glass Private Limited, Raavina Industrial Glasses Pvt Ltd, Surat Glass India Limited, Ridhi Sidhi Buildconcepts (India) Private Limited, Shiva Glass Works Company Ltd and 5 more, all in the Manufacturing industry (Glass Works).
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