Jute Balers' Association
About Jute Balers' Association
Data last updated:
Jute Balers' Association is a public limited guarantee & association company based in Kolkata, West Bengal, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 08 June 1918 and has been in existence for over 108 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17232WB1918GAP002995. Its GSTIN is 19AABCT2524Q1ZX (West Bengal).
It is led by directors including Madan Gopal Maheshwari and Bhagwati Prasad Mundhra.
Its last annual general meeting (AGM) was held on 17 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.92 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹46,996 (net margin 1.5%) and EBITDA of ₹3.41 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jute Balers' Association's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address12 India Exchange Place 3rd Floor, Dalhousie, Kolkata, West Bengal, India – 700001
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Jute Balers' Association, 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 Jute Balers' Association
FY 2025 filings availableJute Balers' Association reported revenue of ₹31.92 Lakh (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 65% 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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| EBITDA | ₹3.41 Lakh | ||||
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| Net Profit (PAT) | ₹46,996 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Jute Balers' Association, buy the company report.
Board of directors of Jute Balers' Association
Jute Balers' Association has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Gopal Maheshwari | Director | 29 Mar 2016 | 10 Years 6 Months | Current |
| Bhagwati Prasad Mundhra Also directs: K.C. High Rise Private Limited, Mundhra Mercantile Private Limited | Director | 31 Oct 2023 | 2 Years 11 Months | Current |
| Abhishek Pugalia | Director | 02 Feb 2024 | 2 Years 8 Months | Current |
| Jai Kumar Bagra | Director | 16 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Jute Balers' Association is audited by M M CHOPRA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M CHOPRA & CO | FY 2021 | 311053E |
Shareholding
The shareholding of Jute Balers' Association is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2021 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public |
To see the full shareholding pattern of Jute Balers' Association, buy the company report.
Legal cases
Jute Balers' Association has 2 court cases on record: 1 filed by Jute Balers' Association, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Indian Jute Mills Association | Disposed |
| NCLT, Kolkata | Company petition | Filed by the company against individuals | Disposed |
To see the full case history of Jute Balers' Association, 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 Jute Balers' Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jute Balers' Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCT2524Q1ZX | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jute Balers' Association, buy the company report.
Recent activity
Jute Balers' Association has 9 board changes on record since 2016: 4 appointments and 5 cessations. The latest: Jai Kumar Bagra was appointed as Director on 16 Feb 2026.
Frequently asked questions
Jute Balers' Association is an active public limited guarantee & association based in Kolkata, West Bengal, India. The company works in wholesale, within the trading industry. It was incorporated on 08 June 1918 (108+ years old) and is registered under CIN U17232WB1918GAP002995.
Jute Balers' Association has 4 current directors:
- Madan Gopal Maheshwari - Director
- Bhagwati Prasad Mundhra - Director
- Abhishek Pugalia - Director
- Jai Kumar Bagra - Director
The latest financial statements of Jute Balers' Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jute Balers' Association is 19AABCT2524Q1ZX, registered in West Bengal.
The CIN (Corporate Identification Number) of Jute Balers' Association is U17232WB1918GAP002995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jute Balers' Association has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Jute Balers' Association was incorporated on 08 June 1918, making it 108+ years old. It is registered with the Registrar of Companies, Kolkata.
Jai Kumar Bagra was appointed as Director on 16 Feb 2026. Abhishek Pugalia was appointed as Director on 02 Feb 2024. Mahesh Kumar Khemka ceased to be Director on 23 Nov 2023. Jute Balers' Association has 9 board changes on record in total.
The registered office of Jute Balers' Association is at 12 India Exchange Place 3rd Floor, Dalhousie, Kolkata, West Bengal, India – 700001.
Jute Balers' Association operates in the trading industry, in the wholesale segment.