THE JEYPORE SUGAR COMPANY LIMITED

Last Updated on ' Thu Jul 30 00:00:00 IST 2020 '
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Description
The Jeypore Sugar Company VVS SUGARS Ltd. was incorporated as a public limited company on 29th July 1936 under the Indian Companies Act. 1913 and was the first company to be registered in the then newly formed province of Orissa. The company started a sugar unit at Rayagada, Koraput District, Orissa with an initial capacity of 150 TCD and subsequently expanded to 450 TCD. The company diversified into various other activities like manufacture of Industrial Alcohol, Indian made foreign liquor and Ferro manganese. In the course of expansion of the company, a separate sugar unit was established at Nagaram in Guntur District A.P. in 1958. Due to non-availability of sugar cane the unit was shifted to Chagallu, West Godavari District, in A.P in 1961 with an installed capacity of 850 TCD in the year 1960-61 and having licensed capacity of 1250 TCD. At present the company installed capacity and crushing capacity is at about 8500 TCD. The founder of the Organization is late Sri Velagapudi Rama Krishna. He was born on March 4th, 1896 in the village of Bellamvaripalem in Guntur District. Now the Managing Director of this organization is Smt Rajeswari Rama Krishnan. She was born in 1928, is the eldest child of the great late Sri Velagapudi Rama Krishna, C.I.E, I.C.S. She graduated from Queen Mary college in 1945. The Jeypore Sugar Co Ltd.VVS SUGARS has taken big strides under her stewardship and today the company has become the biggest sugar unit in Andhra Pradesh which manufactures UGAR,FERRO-MANGANESE,ALCOHOL,STARCH. She is closely associated with KCP, Madras Aluminum Co Ltd., Eimco-KCP fuller KCP Krishna Industrial Corporation Rama Krishna Industries Private Limited, V.R. Textiles Limited and Coimbatore Institute of Technology C.I.T.,Coimbatore and Sandwich Polytechnic.
Sector
Food Processing & Agriculture
Sub Sector
Food Processing
Company Type
Listed
Type
Manufacturing
Employees
-
Register Address
239, ANNA SALAI,RAMAKRISHNA BUILDINGS MADRAS 600 006. MADRAS 600 006. TN 600006 IN
Website
www.jeyporesugars.com
Key Products/Services
Manufacture Or Refining Of Sugar Sucrose From Sugercane
Key Resources/Assets
Office in Chennai
Stressed Asset Details Expand All 
-
USD 0
Stressed Asset Related Documents
1.pdf
2.pdf
3.pdf
98ec6649de315f574479d118f27db6cf.pdf
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2015 20.77 mn 0 86.47 mn 65.43 mn 0.42 0.15 0.0 0.0 0.0 0.0
2016 17.94 mn 0 78.71 mn 69.16 mn 0.15 0.09 2.02 0.0 0.0 0.0
2017 3.54 mn 0 79.64 mn 71.74 mn 0.1 0.08 0.64 0.0 0.0 0.0
Stressed Assets Timeline Tue Feb 26 00:00:00 IST 2019
Defined Date Without Date

Commencement of CIRP

Tue Feb 26 00:00:00 IST 2019Tue Feb 26 00:00:00 IST 2019
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Public Announcement by Resolution Professional

Tue Feb 26 00:00:00 IST 2019Tue Feb 26 00:00:00 IST 2019
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Claim submission

Tue Mar 12 00:00:00 IST 2019Tue Mar 12 00:00:00 IST 2019
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Invitation for Expression of Interest

Sat Aug 31 00:00:00 IST 2019Sat Aug 31 00:00:00 IST 2019
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Submission of Expression of Interest

Wed Sep 18 00:00:00 IST 2019Wed Sep 18 00:00:00 IST 2019
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Submission of Resolution Plan

Sat Sep 21 00:00:00 IST 2019Sat Sep 21 00:00:00 IST 2019
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Committee of Creditors Approval

Sat Oct 19 00:00:00 IST 2019Sat Oct 19 00:00:00 IST 2019
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Submission of Resolution Plan to NCLT

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Approval of Resolution Plan by NCLT

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