Company Intelligence Profile
Jay Jagdamba Limited
Jay Jagdamba Limited is an Indian manufacturer and exporter of stainless-steel long products, headquartered in Navi Mumbai with manufacturing based out of Gujarat.
Last updated 6 September 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Jay Jagdamba
Deeper analysis, financial signals and peer comparisons.
Company Identity
Partial / conflicting| Registered name | Jay Jagdamba Limited |
|---|---|
| CIN | U27100GJ2004PLC127766 |
| PAN | AACCK3066F |
| Status | Active |
| Listing | Unlisted public limited company — not found on BSE/NSE |
| Incorporated | 21 January 2004 |
| ROC |
|
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹1,500 crore |
| Paid-up capital |
|
Business Overview
Confirmed- Jay Jagdamba Limited is an Indian manufacturer and exporter of stainless-steel long products, headquartered in Navi Mumbai with manufacturing based out of Gujarat
- Product range: billets, ingots, wire rods, bright & hot-rolled bars (round/angle/square/flat/hex), threaded and forged bars, seamless pipes (stainless steel, nickel, titanium alloys) and flanges
- Reported melting capacity ~84,000 MTPA plus rolling, bright-bar, flanges and seamless-pipe facilities
- Claims exports to ~53 countries (North America, Europe, Asia, Middle East)
- Reported EPFO employee count ~84
- Promoted by the Malpani family (Narayan Prasad Malpani, Ramprakash Narayan Prasad Malpani)
- Sources: official site jayjagdamba.com, TheCompanyCheck, Falconebiz
Directors
Partial / conflictingConfirmed (≥2 sources: Tofler + Falconebiz) with DINs (from Tofler):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Narayan Prasad Malpani | 01550026 | Whole-time Director & Shareholder | - |
| Ramprakash Narayan Prasad Malpani | 01664955 | Managing Director & Shareholder | - |
| Shilpa (Vinay Kumar) Maheshwari | 07431117 | Director | - |
| Jayashree Saboo | 07637288 | Director | - |
| Ashutosh Omprakash Malpuria | 08950468 | Whole-time Director | - |
| Gopikrishna Dharmavaram | - | Director | - |
| Ravindra Tukaram Chavan | - | Director | - |
| Dilip Jagdish Pendse | - | Director | - |
Financials
Partial / conflictingStandalone balance-sheet data from Tofler:
- FY2024 (Mar-2024): Equity Capital ₹15.5 Cr; Reserves ₹596.3 Cr; Borrowings ₹720.3 Cr; Total Assets ₹1,885.8 Cr
- FY2025 (Mar-2025): Equity Capital ₹198.0 Cr; Reserves ₹1,415.5 Cr; Borrowings ₹855.7 Cr; Total Assets ₹3,423.6 Cr
- Tofler's summary line (no absolute figures given): FY24-25 operating revenue "over ₹500 crore"; EBITDA up 121.81% YoY; net profit up 221.6% YoY; net worth up 166.37% YoY.
No independently confirmed absolute Revenue/EBITDA/PAT figures obtained. Standalone basis stated by source; no consolidated figures found.
In the News
ConfirmedStainless steel products maker Jay Jagdamba files updated DRHP to raise Rs 600 crore through IPO
Moneycontrol.com · 26 days ago
Headlines about Jay Jagdamba Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 14 days ago.
Source: Google News aggregated headlines
Charges & Borrowings
Partial / conflicting- Open charges ₹1,028.31 Cr
- Satisfied charges ₹1,152.13 Cr. Lenders breakdown: "Others" ₹1,019.09 Cr, Tata Capital Financial Services Limited ₹8.40 Cr, Indian Overseas Bank ₹0.82 Cr. Most recent charge: ₹20 Cr registered 10 July 2025
- Broadly consistent in direction with Tofler's FY2025 balance-sheet borrowings figure of ₹855.7 Cr (different metric — RoC charge value vs balance-sheet debt — so not a direct conflict, but scale is roughly comparable)
Legal
Partial / conflicting- "Jay Jagdamba Ltd vs Union of India and Ors" — Bombay High Court, Writ Petition No. 397 of 2023, multiple listed hearing dates in Jan 2023 (bench: Justices Nitin Jamdar, Abhay Ahuja, and once Trupti)
- Nature of dispute not confirmed from the snippet (commonly such petitions vs "Union of India" relate to customs/GST/tax matters, but this is inference, not confirmed)
- Indian Kanoon reported "~2,040 total results" for the name generally, which likely includes loosely-matching/unrelated cases — only the above case was specifically verified as this entity
Competitors
Partial / conflictingIndian stainless-steel long-products / pipes & tubes / flanges peers (reasoned from sector, not source-verified per name):
- Jindal Stainless Limited — large-cap, market leader in Indian stainless steel
- Ratnamani Metals & Tubes Ltd — large-cap, listed, stainless/CS pipes & tubes
- Venus Pipes & Tubes Ltd — mid-cap, listed, stainless steel pipes/tubes
- Suraj Limited — mid-size, listed, stainless steel long products (bars/wire rods) — closest scale match
- Mukand Ltd — large, listed, alloy & special steels
- Man Industries (India) Ltd — large, listed, steel pipes
Frequently Asked Questions
What does Jay Jagdamba Limited do?
What is the CIN of Jay Jagdamba Limited?
Where is Jay Jagdamba Limited registered?
When was Jay Jagdamba Limited incorporated?
Explore on Recur Club
Bharat Ke Super Founders
Recur Club's show spotlighting the founders building India's next generation of companies. Watch their stories.
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.
