Champion Jointings Private Limited

Manufacturer of gasketing materials, including compressed asbestos and fiber jointing sheets, under brand 'Spitmaan'.

1968 | Mumbai, Maharashtra (India) | Active
Last Updated:

Champion Jointings Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.84 Cr
  • Company Age 56 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.19 Cr
  • Satisfied Charges ₹ 1.38 Cr
  • Revenue Growth 12.85%
  • Profit Growth -27.88%
  • Ebitda 38.81%
  • Net Worth -2.53%
  • Total Assets 3.83%

About Champion Jointings

Champion Jointings Private Limited (CJPL) was founded in India on 19 July 1968 and has a glorious history of 56 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.84 Cr.

The company currently has active open charges totaling ₹13.19 Cr. The company has closed loans amounting to ₹1.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Cyrus Palia, Farzad Palia, Jasmine Palia, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spitmaan.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24302MH1968PTC014055

  • Company No.

    014055

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1968

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Champion Jointings Private Limited offer?

Champion Jointings Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Seals, Engineering and Shipping Ropes, Fibre Rope, PVC, LDPE, HDPE & Plastic Sheets, Teflon Sheets, Rubber Gaskets and Gasket Material, Gasket Sheet, Gaskets, PVC, CPVC, HDPE Water Pipe Fittings.

Who are the key members and board of directors at Champion Jointings?

Board Members (8)

NameDesignationAppointment DateStatus
Cyrus Palia Country flag representing In Director 15-Dec-1987Current
Farzad Palia Country flag representing In Director 01-Jul-1998Current
Jasmine Palia Country flag representing In Director 06-Aug-2015Current
Perin Palia Country flag representing In Director 06-Aug-2015Current
Maharukh Palia Country flag representing In Director 06-Aug-2015Current
Behroze Palia Country flag representing In Director 06-Aug-2015Current

Financial Performance of Champion Jointings.

Champion Jointings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.85% increase. The company also saw a substantial fall in profitability, with a 27.88% decrease in profit. The company's net worth dipped by a decrease of 2.53%.

Champion Jointings revenue growth over time
Champion Jointings profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.85%
Revenue from Operations
10.98%
Total Assets
3.83%
Profit or Loss
-27.88%
Net Worth
-2.53%
EBITDA
38.81%

What is the Ownership and Shareholding Structure of Champion Jointings?

In 2023, Champion Jointings had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.19 Cr

Satisfied Charges

₹1.38 Cr

Charges Breakdown by Lending Institutions

  • Gujarat Industrial Inve. Corp. Ltd. : 6.00 Cr
  • Industrial Developmenlt Bank Of India : 6.00 Cr
  • Hdfc Bank Limited : 0.80 Cr
  • Gujarat State Financial Corporation : 0.30 Cr
  • Indian Renewable Energy Development Agency Ltd. : 0.09 Cr
  • Others : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2024Hdfc Bank Limited₹8.00 MOpen
12 Jul 1995Indian Renewable Energy Development Agency Ltd.₹0.85 MOpen
16 Apr 1993Industrial Developmenlt Bank Of India₹6.00 CrOpen
26 Nov 1991Gujarat State Financial Corporation₹3.00 MOpen
26 Nov 1981Gujarat Industrial Inve. Corp. Ltd.₹6.00 CrOpen

How Many Employees Work at Champion Jointings?

Unlock and access historical data on people associated with Champion Jointings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Champion Jointings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Champion Jointings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Champion Jointings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Champion Jointings

Recent activity within the organization

  • Annual General Meeting

    Champion Jointings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100943699 was registered on 25 Jun 2024.

  • Balance Sheet

    Champion Jointings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 12 May 1988 via Charge ID 90211783 with Central Bank Of India was fully satisfied on 13 Feb 2020.

  • Charges

    A charge registered on 21 Jun 1983 via Charge ID 90211343 with Central Bank Of India was fully satisfied on 13 Feb 2020.

  • Charges

    A charge registered on 30 Jul 1982 via Charge ID 90210762 with Central Bank Of India was fully satisfied on 13 Feb 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Champion Jointings Private Limited?

    Champion Jointings Private Limited was incorporated on 19 Jul 1968.

  • What is authorized share capital and paid-up capital of Champion Jointings Private Limited?

    The authorized share capital of Champion Jointings Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.84 Cr.

  • Who are the current board members & directors of Champion Jointings Private Limited?

    Currently 8 directors are associated with Champion Jointings Private Limited.

    • Cyrus Fali Palia
    • Farzad Jimmy Palia
    • Jasmine Jimmy Palia
    • Perin Jimmy Palia
    • Maharukh Fali Palia
    • Behroze Cyrus Palia
    • Freny Cyrus Palia
    • Mezad Farzad Palia

  • What is the registered address of Champion Jointings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Champion Jointings Private Limited is 15 Parsi Panchayat Roadandheri (East) India, Mumbai, Maharashtra, 400069.

  • What is the corporate identification number (CIN) and company number of Champion Jointings Private Limited?

    The corporate identification number (CIN) of Champion Jointings Private Limited is U24302MH1968PTC014055 and the company number is 014055 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Champion Jointings Private Limited?

    The Official website of Champion Jointings Private Limited is https://www.spitmaan.com

  • What has been the recent revenue trend for Champion Jointings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Champion Jointings Private Limited has risen by 12.85%.

  • What change has been observed in the net worth of Champion Jointings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Champion Jointings Private Limited has experienced an downturn of -2.53%.

  • What are the total open charges for Champion Jointings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Champion Jointings Private Limited amount to ₹ 13.19 Cr.

  • When was the last Balance Sheet of Champion Jointings Private Limited filed with the ROC?

    The most recent Balance Sheet for Champion Jointings Private Limited was filed with the ROC on 31 Mar 2024.

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