Jassi Hire Purchase Limited

NBFC providing hire purchase, finance, leasing, and industrial financing services for various movable and immovable assets.

1996 | Jalandhar, Punjab (India) | Active
Last Updated:

Jassi Hire Purchase Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.17 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth -4.16%
  • Profit Growth -10.30%
  • Ebitda -8.29%
  • Net Worth 2.83%
  • Total Assets 0.85%

About Jassi Hire Purchase

Jassi Hire Purchase Limited (JHPL) is a Public Limited Indian Non-Government Company incorporated in India on 06 September 1996 and has a history of 28 years and five months. Its registered office is in Jalandhar, Punjab, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 4.17 Cr.

The company currently has active open charges totaling ₹1.00 Cr.

Ramesh Kumar, Renu Bala, Meharban Singh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1996PLC018722

  • Company No.

    018722

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1996

  • Date of AGM

    12 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Jassi Hire Purchase?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramesh Kumar Country flag representing In Managing Director01-Oct-2007Current

Board Members (6)

NameDesignationAppointment DateStatus
Renu Bala Country flag representing In Director 30-Oct-2004Current
Meharban Singh Country flag representing In Director 01-Oct-2007Current
Kuldeep Singh Country flag representing In Director 01-Oct-2007Current
Kewal Singh Country flag representing In Director 01-Oct-2007Current
Ram Yadav Country flag representing In Additional Director 04-Apr-2024Current
Gopal Singh Country flag representing In Additional Director 14-Aug-2023Current

Financial Performance of Jassi Hire Purchase.

Jassi Hire Purchase Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.16% decrease. The company also saw a substantial fall in profitability, with a 10.3% decrease in profit. The company's net worth moved up by a moderate rise of 2.83%.

Jassi Hire Purchase revenue growth over time
Jassi Hire Purchase 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
-4.16%
Revenue from Operations
-4.56%
Total Assets
0.85%
Profit or Loss
-10.30%
Net Worth
2.83%
EBITDA
-8.29%

What is the Ownership and Shareholding Structure of Jassi Hire Purchase?

In 2023, Jassi Hire Purchase had a promoter 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

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Others₹5.00 MOpen
19 Jun 2024Others₹5.00 MOpen

How Many Employees Work at Jassi Hire Purchase?

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

Employee growth trends for Jassi Hire Purchase Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jassi Hire Purchase, 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 Jassi Hire Purchase'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 Jassi Hire Purchase

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100941924 was registered on 27 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100942593 was registered on 19 Jun 2024.

  • Director Appointment

    Ram Kishore Yadav was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2024 & has been associated with this company since 11 months .

  • Annual General Meeting

    Jassi Hire Purchase Limited last Annual general meeting of members was held on 12 Aug 2023 as per latest MCA records.

  • Balance Sheet

    Jassi Hire Purchase Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Ramesh Kumar was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2007 & has been associated with this company since 17 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Jassi Hire Purchase Limited?

    Jassi Hire Purchase Limited was incorporated on 06 Sep 1996.

  • What is authorized share capital and paid-up capital of Jassi Hire Purchase Limited?

    The authorized share capital of Jassi Hire Purchase Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.17 Cr.

  • Who are the current board members & directors of Jassi Hire Purchase Limited?

    Currently 7 directors are associated with Jassi Hire Purchase Limited.

    • Ramesh Kumar
    • Renu Bala
    • Meharban Singh
    • Kuldeep Singh
    • Kewal Singh
    • Ram Kishore Yadav
    • Gopal Singh

  • What is the registered address of Jassi Hire Purchase Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jassi Hire Purchase Limited is Shop No.4-A (Cabin No.2) Parwana Market Garha Road, Jalandhar, Punjab, India, 144001.

  • What is the corporate identification number (CIN) and company number of Jassi Hire Purchase Limited?

    The corporate identification number (CIN) of Jassi Hire Purchase Limited is U65921PB1996PLC018722 and the company number is 018722 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Jassi Hire Purchase Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Jassi Hire Purchase Limited has fallen by -4.16%.

  • What change has been observed in the net worth of Jassi Hire Purchase Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Jassi Hire Purchase Limited has experienced an upsurge of 2.83%.

  • What are the total open charges for Jassi Hire Purchase Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Jassi Hire Purchase Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Jassi Hire Purchase Limited filed with the ROC?

    The most recent Balance Sheet for Jassi Hire Purchase Limited was filed with the ROC on 31 Mar 2023.

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