J & V Rugs Private Limited

Manufacturer and exporter of a variety of high-quality carpets and rugs using various materials.

2008 | Patiala, Punjab (India) | Active
Last Updated: October 24, 2024

J & V Rugs Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.30 Cr
  • Satisfied Charges ₹ 1.90 Cr
  • Revenue Growth 1224.25%
  • Profit Growth 1217.66%
  • Ebitda 13.97%
  • Net Worth 43.22%
  • Total Assets 116.02%

About J & V Rugs

J & V Rugs Private Limited (JVRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 April 2008 and has a history of 16 years and nine months. Its registered office is in Patiala, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹1.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narinder Bansal, Ashok Kumar, Mukul Bansal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18203PB2008PTC031864

  • Company No.

    031864

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does J & V Rugs Private Limited offer?

J & V Rugs Private Limited offers a wide range of products and services, including Carpets & Rugs, Room Carpet, Room Rug, Shag Rug, Hand Tufted Carpets, Rugs.

Who are the key members and board of directors at J & V Rugs?

Board Members (6)

Name Designation Appointment Date Status
Mukul Bansal Country flag representing In Director 28-Apr-2008 Current
Mayank Gupta Country flag representing In Director 03-Jun-2014 Current
Narinder Bansal Country flag representing In Director 28-Apr-2008 Current
Ashok Kumar Country flag representing In Director 28-Apr-2008 Current
Ratnesh Bansal Country flag representing In Director 03-Jun-2014 Current
Abhinav Bansal Country flag representing In Director 12-Jan-2024 Current

Financial Performance of J & V Rugs.

J & V Rugs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1224.25% increase. The company also saw a substantial improvement in profitability, with a 1217.66% increase in profit. The company's net worth Soared by an impressive increase of 43.22%.

Graph illustrating revenue growth over time
Graph showing 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
1224.25%
Revenue from Operations
1222.52%
Total Assets
116.02%
Profit or Loss
1217.66%
Net Worth
43.22%
EBITDA
13.97%

What is the Ownership and Shareholding Structure of J & V Rugs?

In 2023, J & V Rugs had a promoter holding of 64.00% and a public holding of 36.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 M

Satisfied Charges

₹19.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.30 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2018 Others ₹5.00 M Open
10 May 2018 Others ₹8.00 M Open
10 Mar 2014 State Bank Of Patiala ₹1.50 Cr Satisfied
21 Sep 2010 State Bank Of Patiala ₹4.00 M Satisfied

How Many Employees Work at J & V Rugs?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of J & V Rugs, 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 J & V Rugs'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 J & V Rugs

Recent activity within the organization

  • Director Appointment

    Abhinav Bansal was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 1 year 20 days .

    12 Jan 2024

  • Annual General Meeting

    J & V Rugs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    J & V Rugs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 10 Mar 2014 via Charge ID 10488772 with State Bank Of Patiala was fully satisfied on 17 May 2018.

    17 May 2018

  • Charges

    A charge registered on 21 Sep 2010 via Charge ID 10246962 with State Bank Of Patiala was fully satisfied on 17 May 2018.

    17 May 2018

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100181134 was registered on 10 May 2018.

    10 May 2018

Frequently asked questions

  • J & V Rugs Private Limited was incorporated on 28 Apr 2008.

  • The authorized share capital of J & V Rugs Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 6 directors are associated with J & V Rugs Private Limited.

    • Narinder Bansal
    • Ashok Kumar
    • Mukul Bansal
    • Mayank Gupta
    • Ratnesh Bansal
    • Abhinav Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of J & V Rugs Private Limited is C/O Moti Ram Munna Lal Sons Rice Mill Rothi Bridge India, Nabha, Punjab, 147002.

  • The corporate identification number (CIN) of J & V Rugs Private Limited is U18203PB2008PTC031864 and the company number is 031864 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for J & V Rugs Private Limited has risen by 1224.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of J & V Rugs Private Limited has experienced an upsurge of 43.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for J & V Rugs Private Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for J & V Rugs Private Limited was filed with the ROC on 31 Mar 2023.

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