Jay Jagdamba Ltd.

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About the Company

We are one of India’s leading manufacturers and exporters of stainless steel long and engineering products in terms of revenue as of March 31, 2026. (Source: CRISIL Report). We primarily operate in four broad product segments of ingots and billets, rolled and bright products, flanges and seamless pipes. Within these segments, we manufacture a wide range of stainless steel products such as billets, ingot, black round bars, rolled bars, bright bars in various shapes including round, angle, square, flat and hex bars, along with bright wires, flanges and seamless pipes. Our products have applications across diverse industries including the consumer goods, oil and gas, automotive, infrastructure, medical equipment, machine components, data centres and petrochemicals industries. Stainless steel products have a selective but growing role in data centres, mainly in support systems where corrosion resistance, cleanliness, and long service life are valued. (Source: CRISIL Report). Our products are manufactured at our two strategically located manufacturing facilities in Wada, Palghar, Maharashtra (the / our “Manufacturing Facilities”), being in close proximity to various modes of transport that helps us in reducing our logistic costs on procurement of raw materials and imports and export of our products. Our Manufacturing Facilities are spread across 32.57 acres. Under the Package Scheme of Incentives, 2013, introduced by the Government of Maharashtra being located in a D+ zone, we are eligible to benefit from several incentives aimed at promoting industrial development in less developed areas. These include substantial capital subsidies, making it easier to set up operations with reduced financial strain. (Source: CRISIL Report). While the Package Scheme of Incentives, 2013 has been effective since 2013, our Company has been eligible to avail the benefits since 2017. As on the date of this Updated Draft Red Herring Prospectus-I, we are entitled to avail such benefits till June 2037. Based on the eligibility certificate of our Company the maximum benefits that can be obtained under the scheme is ? 20,653.99 million. The maximum benefit which our Company can avail in each Fiscal are as under