MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-33-0013232
Jagsons Services Private Limited - business services in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.6 Cr
▼ 39% YoY
Net loss · FY 2020
₹29.34 Lakh
Net margin -18.3%
EBITDA · FY 2020
-₹24.92 Lakh
EBITDA margin -15.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
13
Provident fund records
About Jagsons Services Private Limited
Data last updated:
Jagsons Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the facility management segment of the business services sector. It was incorporated on 20 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH1994PTC083900. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shriram Jagdish Ghate and Narsinha Jagadeesh Ghate.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Office No A 210 2nd Floor Mahesh Bldg Plot No 37 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.6 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹29.34 Lakh (net margin -18.3%) and EBITDA of -₹24.92 Lakh (EBITDA margin -15.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Jagsons Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0013232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manpower-india.com.
Company details
CIN U63030MH1994PTC083900
Registration Number 083900
Incorporation Date 20 December 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0013232
Recognitions & Rankings of Jagsons Services
Contact details
Jagsons Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is manpower-india.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No A 210 2nd Floor Mahesh Bldg Plot No 37 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryBusiness Services, Facility Management
To see the full contact details of Jagsons Services Private Limited, buy the company report.
Comprehensive company report
Jagsons Services Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Jagsons Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Jagsons Services Private Limited, buy the company report.
Financials of Jagsons Services Private Limited
FY 2020 filings availableJagsons Services Private Limited reported revenue of ₹1.6 Cr (down 39% YoY) for FY 2020.
Revenue · FY 2020
₹1.6 Cr ▼ 39%
Net loss · FY 2020
₹29.34 Lakh margin -18.3%
EBITDA · FY 2020
-₹24.92 Lakh margin -15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 19%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 190%
3 years · compounded
▲ 18%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 39% fall in the latest year. EBITDA fell 190% 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 | ₹1.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.5% | ||||
| Net Profit Margin | -18.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Jagsons Services Private Limited, buy the company report.
Board of directors of Jagsons Services Private Limited
Jagsons Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shriram Jagdish Ghate | Director | 20 Dec 1994 | 31 Years 10 Months | Current |
| Narsinha Jagadeesh Ghate Also directs: Orient Developers Private Limited | Additional Director | 15 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Jagsons Services Private Limited is audited by DEVMANI SHETTY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVMANI SHETTY & ASSOCIATES | FY 2019 | 138656W |
Shareholding
The shareholding of Jagsons Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jagsons Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2013 | 10420674 | Others | ₹30 Lakh | Open |
To see the full charge records of Jagsons Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Jagsons Services Private Limited has 2 court cases on record: 1 filed by Jagsons Services, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed against the company by Shripad Batteries Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms. Shripad Batteries Pvt Ltd and Ors | Disposed |
To see the full case history of Jagsons Services 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
Jagsons Services Private Limited was last rated by Crisil on 15 Apr 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Apr 2017 |
To see the full credit ratings and regulatory alerts of Jagsons Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jagsons Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jagsons Services Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-71.74%
GST
Jagsons Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Jagsons Services Private Limited, buy the company report.
Recent activity
Jagsons Services Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Jagdish Parshuram Ghate ceased to be Director on 15 Jun 2015.
AGM
Jagsons Services Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Others of Rs. 30.00 Lakh registered on 19 Mar 2013 with Charge ID 10420674 was modified on 16 Jun 2020.
Filing
Jagsons Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Ceased
Jagdish Parshuram Ghate ceased to be Director.
Appointed
Narsinha Jagadeesh Ghate was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 10420674 was registered on 19 Mar 2013.
Appointed
Shriram Jagdish Ghate was appointed as Director.
Incorporation
20 Dec 1994
Jagsons Services Private Limited was registered on 20 Dec 1994 with Roc Mumbai & aged 31 years 10 months as per MCA records.
Frequently asked questions
Jagsons Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in facility management, within the business services industry. It was incorporated on 20 December 1994 (32+ years old) and is registered under CIN U63030MH1994PTC083900.
Jagsons Services has 2 current directors:
- Shriram Jagdish Ghate - Director
- Narsinha Jagadeesh Ghate - Additional Director
The latest financial statements of Jagsons Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Jagsons Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jagsons Services is U63030MH1994PTC083900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagsons Services has 2 court cases on record: 1 filed by the company and 1 filed against it.
Jagsons Services was incorporated on 20 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Jagdish Parshuram Ghate ceased to be Director on 15 Jun 2015. Narsinha Jagadeesh Ghate was appointed as Additional Director on 15 Jun 2015. Shriram Jagdish Ghate was appointed as Director on 20 Dec 1994.
Yes, Jagsons Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0013232).
Jagsons Services can be reached through the website manpower-india.com. Its registered office is in Navi Mumbai, Maharashtra, India.