Jai Mata Engineering unlisted share price

Price history

About

Jai Mata Engineering Limited (JMEL) makes stainless steel products. Its range covers billets and ingots, flats, wire rods, round bars and sheet or coil. The company sells mainly to business customers who process the steel further into other products. Its own website lists uses such as boilers, pumps, oil and gas, power generation, construction and medical equipment. The annual report for FY25 says the company is an ISO 9001:2015 certified organisation and one of only 15 to 20 makers of hot rolled stainless steel in India. Its current capacity is 72,000 tonnes per annum. The plant has a 14 tonne induction furnace, a 25 tonne AOD converter, a rolling mill, a fume extraction system and an oxygen gas plant. The registered office is at Eros Corporate Tower, Nehru Place, New Delhi, and the company's site lists operations around Ghaziabad. The story began with promoter Manoj Bansal, who started in the steel broking trade in 1989 and set up his own trading business in 1995. Jai Mata Engineering was incorporated as a closely held company in 1996. It first produced by using spare capacity at other manufacturers' units in Ahmedabad and Indore, and later set up its own manufacturing. The company has no subsidiary, associate or joint venture, as per the FY25 report. The share capital grew a lot in FY25. Paid-up capital rose from 25,93,306 equity shares to 1,57,09,869 equity shares of face value ₹10 each, through loan conversion, a bonus issue in the ratio of 39:10 and two private placements. The board did not recommend any dividend for FY25 and chose to reinvest. We could not read the profit and loss and balance sheet tables in the text of the report, so this page does not show financial figures. Jai Mata Engineering is not listed on any stock exchange. Its shares trade off-market, and the indicative price on this page is ₹215 per share for a lot of 500 shares, based on dealer quotes, not an exchange price. It has no linked IPO on IPO Guru yet.