Jayant Infratech Ltd Stock Analysis

The company was originally incorporated on July 7, 2003 as a private limited company as ‘Shri Raj Manufacturing and Projects Private Limited’ vide Registration No. 015940 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh & Chhattisgarh. The name of the Company was changed from ‘Shri Raj Manufacturing and Projects Private Limited’ to ‘Jayant Infratech Private Limited’ vide Fresh Certificate of Incorporation dated January 01, 2008 Consequent upon Change of Name pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting held on December 26, 2007. Further the company converted into Public limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General meeting held on February 28, 2022 and the name of the company was changed to ‘Jayant Infratech Limited’ vide Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated March 29, 2022 was issued by Registrar of Companies, Chhattisgarh.

Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. The key clients of the Company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation for Railway Electrification (CORE) as well as large Public and Private Sector. Its major work encompasses electrification of new & existing Railway tracks helping nation to reduce dependability of fossil fuels thereby reducing the carbon print foot. Its services include concept to commissioning of Railway Infrastructure right from design to energization.

The company is based out in Chhattisgarh and this gives it an opportunity to offer its services to coal mines. Usually, coal mines in Chhattisgarh have to develop siding which is used to load and transport coals from mines to its respective customers. A siding, in rail terminology, is a low-speed track section distinct from a running line or through route such as a main line, branch line, or spur. It may connect to through track or to other sidings at either end. Sidings often have lighter rails, meant for lower speed or less heavy traffic, and few, if any, signals. It has over the years developed many siding in the state to facilitate coal mines.

Business area of the company

The company is engaged in the field of Railway Infrastructure Development involving design, drawing, supply, Erection and Commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.

Key events

• 2003: Incorporation of the Company.
  
• 2004: Received 1st order worth more than 100 lakh in value.
  
• 2005: Received 1st order worth more than 200 lakh in value.
  
• 2007: Change of Name from Shri Raj Manufacturing and Projects Private Limited.
  
• 2022: Conversion of Company from Private Limited to Public Limited.