Jasmine Towels Private Limited

Manufactures and exports a variety of high-quality cotton terry towels.

1994 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Jasmine Towels Profile

Key Indicators

  • Authorised Capital ₹ 2.60 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 61.23 Cr
  • Satisfied Charges ₹ 32.67 Cr
  • Revenue Growth 11.46%
  • Profit Growth -30.35%
  • Ebitda -67.43%
  • Net Worth -0.57%
  • Total Assets 4.02%

About Jasmine Towels

Jasmine Towels Private Limited (JTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 1994 and has a history of 30 years and seven months. Its registered office is in Madurai, Tamil Nadu, 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 2.60 Cr and a paid-up capital of Rs 2.60 Cr.

The company currently has active open charges totaling ₹61.23 Cr. The company has closed loans amounting to ₹32.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nayan Thakker, Rishub Thakker, and Ritan Thakker serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jasminetowels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TN1994PTC028172

  • Company No.

    028172

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Jasmine Towels Private Limited offer?

Jasmine Towels Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Bed Sheets, Bath Towel, Stripe Bath Towel, Kitchen Towel, Cotton Kitchen Towel, Hotel Bed Sheet, Towels, Napkins & Handkerchieves, Cotton Bed Sheet, Polycotton Bed Sheets.

Who are the key members and board of directors at Jasmine Towels?

Executive Team (1)

NameDesignationAppointment DateStatus
Nayan Thakker Country flag representing In Managing Director25-Jul-1994Current

Financial Performance of Jasmine Towels.

Jasmine Towels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.46% increase. The company also saw a substantial fall in profitability, with a 30.35% decrease in profit. The company's net worth dipped by a decrease of 0.57%.

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
11.46%
Revenue from Operations
9.89%
Total Assets
4.02%
Profit or Loss
-30.35%
Net Worth
-0.57%
EBITDA
-67.43%

What is the Ownership and Shareholding Structure of Jasmine Towels?

In 2023, Jasmine Towels had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.23 Cr

Satisfied Charges

₹32.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.60 Cr
  • State Bank Of India : 20.00 Cr
  • Hdfc Bank Limited : 12.00 Cr
  • The South Indian Bank Limited : 2.49 Cr
  • Sidbi : 2.14 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2024Sidbi₹2.14 CrOpen
12 Jun 2023The South Indian Bank Limited₹1.55 MOpen
12 Jun 2023The South Indian Bank Limited₹7.10 MOpen
27 Feb 2023Hdfc Bank Limited₹12.00 CrOpen
23 Sep 2022State Bank Of India₹20.00 CrOpen

How Many Employees Work at Jasmine Towels?

Jasmine Towels has a workforce of 211 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jasmine Towels, 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 Jasmine Towels'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 Jasmine Towels

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 2.14 Cr with Charge ID 100942025 was registered on 19 Jun 2024.

    19 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 27 Feb 2023 with Charge ID 100720042 was modified on 10 Apr 2024.

    10 Apr 2024

  • Annual General Meeting

    Jasmine Towels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 20.00 Cr registered on 23 Sep 2022 with Charge ID 100621538 was modified on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100738964 was registered on 12 Jun 2023.

    12 Jun 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.71 Cr with Charge ID 100738966 was registered on 12 Jun 2023.

    12 Jun 2023

Frequently asked questions

  • What is the Incorporation or founding date of Jasmine Towels Private Limited?

    Jasmine Towels Private Limited was incorporated on 25 Jul 1994.

  • What is authorized share capital and paid-up capital of Jasmine Towels Private Limited?

    The authorized share capital of Jasmine Towels Private Limited is ₹ 2.60 Cr and paid-up capital is ₹ 2.60 Cr.

  • Who are the current board members & directors of Jasmine Towels Private Limited?

    Currently 3 directors are associated with Jasmine Towels Private Limited.

    • Nayan Mulji Thakker
    • Rishub Nayan Thakker
    • Ritan Nayan Thakker
  • What is the registered address of Jasmine Towels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jasmine Towels Private Limited is No.125 Aruppukottai Road Perungudi, India, Madurai, Tamil Nadu, 625022.

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

    The corporate identification number (CIN) of Jasmine Towels Private Limited is U18101TN1994PTC028172 and the company number is 028172 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Jasmine Towels Private Limited?

    The Official website of Jasmine Towels Private Limited is https://www.jasminetowels.com

  • What has been the recent revenue trend for Jasmine Towels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Jasmine Towels Private Limited has risen by 11.46%.

  • How many employees does Jasmine Towels Private Limited currently have?

    As Per 2023 financial reports, 211 employees are currently employed by Jasmine Towels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Jasmine Towels Private Limited has experienced an downturn of -0.57%.

  • What are the total open charges for Jasmine Towels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Jasmine Towels Private Limited amount to ₹ 61.23 Cr.

  • When was the last Balance Sheet of Jasmine Towels Private Limited filed with the ROC?

    The most recent Balance Sheet for Jasmine Towels Private Limited was filed with the ROC on 31 Mar 2023.