About Jyoti Overseas Ltd
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Jyoti Overseas Ltd is a public limited company based in Dhar, Madhya Pradesh, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 15 March 1974.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L72112MP1974PLC001260. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but trading in its shares on BSE (523876) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹6.46 Cr. It was formerly known as Jyoti Industrial Cloth Manufacturing Company Limited and Jyoti Industrial Cloth Manufacturing Company Private Limited. It is led by director Pramod Somani (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 5 – Mahalaxmi Road Ghatabillod, Dhar, Madhya Pradesh, India – 454773.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.84 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹27.84 Lakh (net margin -354.9%) and EBITDA of -₹13.37 Lakh (EBITDA margin -170.5%).
The company is associated with 1 brand: Jyoti Overseas. As per MCA filings, the company has open charges of ₹29.06 Cr and satisfied charges of ₹101.91 Cr on record. Court records list 48 cases involving the company, including 28 filed by the company and 20 filed against it; 25 cases are pending. The company has 3 deals on record (3 market trades); the latest was in September 2010. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is S S B Fashions Private Limited with revenue of ₹7.87 Lakh.
The last known website on record is jolindia.com.
Company details
Name history
Jyoti Overseas has undergone 2 name changes throughout its history. The company was previously known as Jyoti Industrial Cloth Manufacturing Company Limited, and Jyoti Industrial Cloth Manufacturing Company Private Limited. The current legal name is Jyoti Overseas Ltd.
| Company Name | Status |
|---|---|
| Jyoti Overseas Ltd | Current |
| Jyoti Industrial Cloth Manufacturing Company Limited | Previous |
| Jyoti Industrial Cloth Manufacturing Company Private Limited | Previous |
Contact details
Jyoti Overseas Ltd's registered office is in Dhar, Madhya Pradesh. Its website is jolindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 – Mahalaxmi Road Ghatabillod, Dhar, Madhya Pradesh, India – 454773
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Jyoti Overseas Ltd, 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
Brands
Jyoti Overseas operates one associated brand: Jyoti Overseas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of coated industrial fabrics, cotton canvas, aprons, and panels | jolindia.com |
Financials of Jyoti Overseas Ltd
FY 2017 filings availableJyoti Overseas Ltd reported revenue of ₹7.84 Lakh (down 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA fell 849% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹7.84 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹13.37 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹27.84 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -170.5% | ||
| Net Profit Margin | -354.9% | ||
| 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 Jyoti Overseas Ltd, buy the company report.
Board of directors of Jyoti Overseas Ltd
Jyoti Overseas has 1 current director and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Somani | Managing Director | 01 Sep 2015 | 11 Years 1 Months | As last reported |
Peer comparison
Jyoti Overseas Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S S B Fashions Private Limited | ₹7.87 Lakh (FY 2025) | 0.0% | Surat, Gujarat, India | |||
| Shri Bankey Bihari Dyeing & Finishing Private Limited | ₹7.87 Lakh (FY 2018) | 8.0% | Delhi, India | |||
| The Maharaja Kishangarh Somyag Mills Co. (Trans.) Limited | ₹7.86 Lakh (FY 2025) | 5.0% | Ajmer, Rajasthan, India | |||
| Naaz Fashions Private Limited | ₹7.86 Lakh (FY 2022) | -88.0% | Delhi, India | |||
| KTC Textiles Private Limited | ₹7.86 Lakh (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Jyoti Overseas Ltdthis company | ₹7.84 Lakh (FY 2017) | -₹27.84 Lakh | -354.9% | -3.0% | Dhar, Madhya Pradesh, India | |
| Yuna Enterprise Private Limited | ₹7.8 Lakh (FY 2024) | Sriperumbudur, Tamil Nadu, India | ||||
| The Kongunad Textiles Private Limited | ₹7.79 Lakh (FY 2023) | -17.0% | Coimbatore, Tamil Nadu, India | |||
| Parrangat Designs Private Limited | ₹7.76 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India | ||||
| Raghav Knits and Textiles Private Limited | ₹7.73 Lakh (FY 2017) | -11.0% | Delhi, India | |||
| Globus Exports Private Limited | ₹7.72 Lakh (FY 2023) | -3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jyoti Overseas Ltd, buy the company report.
Auditor
Jyoti Overseas Ltd is audited by S P MOONDRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P MOONDRA & CO | FY 2017 | 004879C |
Shareholding
The shareholding of Jyoti Overseas Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Jyoti Overseas Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 1999 | 90203548 | Icici Bank Limited | ₹3 Cr | Open | |
| 09 Sep 1997 | 90203372 | Edelweiss Asset Reconstruction Company Limited | ₹18.82 Cr | Open | |
| 05 Jul 1996 | 90203228 | Icici Bank Limited | ₹13.39 Lakh | Open | |
| 07 Jul 1995 | 90203090 | The Industrial Credit and Investment Corp. of India Ltd | ₹1.24 Cr | Open | |
| 16 Dec 1994 | 90203006 | Icici Bank Limited | ₹5.87 Cr | Open |
To see the full charge records of Jyoti Overseas Ltd, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Jyoti Overseas Ltd has 3 deals on record (3 market trades); the latest was in September 2010.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2010 | Market trade | ₹70,000 | Buyer: an individual Seller: an individual |
| Jun 2009 | Market trade | ₹70,000 | Seller: an individual |
| Nov 2005 | Market trade | ₹4.1 Lakh | Buyer: Jyoti Overseas Ltd Seller: Jyoti Overseas Ldt |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jyoti Overseas Ltd has 48 court cases on record: 28 filed by Jyoti Overseas, 20 filed against it. 25 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 16 | 12 |
| High courts | 16 | 1 | 12 |
| NCLT | 7 | 0 | 0 |
| NCLAT | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court II | Tribunal matter | Filed against the company by Asset Reconstruction Company India Ltd | Pending |
| NCLAT, Registrar Court | Tribunal matter | Filed against the company by Asset Reconstruction Company India Ltd | Disposed |
| NCLT, Indore | Court case (COMP.APPL) | Filed by the company against Asset Reconstruction Company India Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Express Transport Pvt. Ltd. and Others | Disposed |
| High Court, PUNJAB | Criminal miscellaneous application | Filed by the company against M/S Kudu Knit Process Pvt Ltd | Disposed |
To see the full case history of Jyoti Overseas Ltd, 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 Jyoti Overseas Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jyoti Overseas 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 Jyoti Overseas Ltd, buy the company report.
Recent activity
Jyoti Overseas Ltd has 13 board changes on record since 1997: 7 appointments and 6 cessations. The latest: Luv Kumar Saboo ceased to be Director on 22 Aug 2018.
83 earlier events are in the company report.
Frequently asked questions
Jyoti Overseas 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.
Jyoti Overseas is a company under liquidation, formerly operating as a public limited company based in Dhar, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 March 1974 and is registered under CIN L72112MP1974PLC001260. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jyoti Overseas has 1 current director:
- Pramod Somani - Managing Director
The latest financial statements of Jyoti Overseas on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jyoti Overseas is L72112MP1974PLC001260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jyoti Overseas is recorded as a listed company by MCA, but trading in its shares on BSE (523876) has been suspended, so they do not currently trade on a stock exchange.
Jyoti Overseas has open charges of ₹29.06 Cr and satisfied charges of ₹101.91 Cr as per latest MCA filings.
Jyoti Overseas has 48 court cases on record: 28 filed by the company and 20 filed against it. 25 are pending. Most are in the district courts.
Jyoti Overseas was incorporated on 15 March 1974. It is registered with the Registrar of Companies, Gwalior.
Jyoti Overseas has 3 deals on record (3 market trades); the latest was in September 2010.
The peers of Jyoti Overseas by revenue are S S B Fashions Private Limited, Shri Bankey Bihari Dyeing & Finishing Private Limited, The Maharaja Kishangarh Somyag Mills Co. (Trans.) Limited, Naaz Fashions Private Limited, KTC Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).