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Jai Corp was incorporated in 1985. It has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate. It is listed on Bombay Stock Exchange and National Stock Exchange.Jai Corp Limited (JCL) was incorporated in 6th June of the year 1985. It has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate. The Company has manufacturing facilities for Poly woven, Steel and Spinning in the states of Maharashtra, Dadra & Nagar Haveli and Gujarat. The Company obtained Certificate of Commencement of Business in 12th June of the year 1985. After a month, in July of the same year Jai Corp entered into the capital market with a public issue. JCL's own manufacturing facility with an installed capacity of 800 t.p.a at Murbad in Maharashtra was commenced commercial production in January of the year 1987 to manufacture HDPE/PP Woven Sacks.
The second unit went on stream in January of the year 1990 with an installed capacity of 1,200 t.p.a at Murbad for manufacturing of FIBC fabrics and HDPE/PP Woven sacks. The Company then had set up its third unit at Silvassa, for manufacturing FIBC, popularly known as Jumbo Bags, where the commercial production commenced in February of the year 1992. The name of the company was changed from Jai Fibres Ltd to Jai Fibre Industries Ltd. A fresh certificate consequent to this name change was obtained in 6th December of the year 1993. Again the name was changed to Jai Corp Limited. As of 30th August 1994, consequent to the name change, a fresh incorporation certificate was obtained. During the year 2000-01, the company had established technical services & development cell to optimise process energy consumption and machine development. The 100% Export Oriented Unit was established at Village Kahdoli, Silvassa for manufacture of woven sacks, fabric etc in the year 2002-03. The Company had discontinued its manufacturing operations at plastic processing unit situated at Rakholi (Silvassa) from November of the year 2003. Jai Corp had promoted three number of Special Purpose Vehicles (SPV) for generation, transmission and distribution of Power to Special Economic Zone area. These SPVs are co-developer under the provisions of SEZ Act, 2005. These Companies are as under, Urban Energy Generation Pvt. Ltd, Urban Energy Transmission Pvt. Ltd and Urban Energy Distribution Pvt. Ltd.
In September of the year 2007, the company had acquired Urban Infrastructure Venture Capital, Pet Fibres, Urban Infrastructure Trustee and Prime Wovens. Venture Capital and Urban Infrastructure Trustee had become wholly owned subsidiaries of the company with effect from 20th September of the year 2007 and also in the same year, with effect from 10th December, Jai Realty Ventures became wholly owned subsidiary of the company. During the year 2007-08, the company made foray into the global real estate business through its subsidiary company based in Mauritius. Jai Corp had strategize its presence in the IT and Telecom business through one of the associate company Urban Infotech Solutions Pvt Ltd.
According to the Consolidated - Audited financial statement for the Year of 2012, total net operating revenues increased with 27.54%, from INR 636.39 tens of millions to INR 811.65 tens of millions. Operating result decreased from INR 103.35 tens of millions to INR 95.98 tens of millions which means -7.13% change. The results of the period increased 7.82% reaching INR 137.47 tens of millions at the end of the period against INR 127.5 tens of millions last year. Return on equity (Net income/Total equity) went from 4.50% to 5.81%, the Return On Asset (Net income / Total Asset) went from 4.24% to 5.56% and the Net Profit Margin (Net Income/Net Sales) went from 20.03% to 16.94% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 5.73% compared to 6.53% of last year.