J.J.Towels Private Limited

Produces and sells a variety of towels and napkins for various purposes.

2007 | Solapur, Maharashtra (India) | Active
Last Updated: October 23, 2024

J.J.Towels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 25.23%
  • Profit Growth 10.08%
  • Ebitda 8.27%
  • Net Worth 34.60%
  • Total Assets 60.28%

About J.J.Towels

J.J.Towels Private Limited (JPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2007 and has a history of 17 years and eight months. Its registered office is in Solapur, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.20 M.

The company currently has active open charges totaling ₹2.00 Cr.

Siddheshwar Gaddam, Pentappa Gaddam, Suhas Gaddam, and Six other members serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jjtowels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17290PN2007PTC130313

  • Company No.

    130313

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does J.J.Towels Private Limited offer?

J.J.Towels Private Limited offers a wide range of products and services, including Bath Towel, Cotton Bath Towel, Towels, Napkins & Handkerchieves, Towels, Face and Hand Towels, Hand Towel, Face Towel.

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

Board Members (9)

NameDesignationAppointment DateStatus
Siddheshwar Gaddam Country flag representing In Director 15-May-2015Current
Pentappa Gaddam Country flag representing In Director 14-Jun-2007Current
Suhas Gaddam Country flag representing In Director 15-May-2015Current
Laxmikant Gaddam Country flag representing In Director 15-May-2015Current
Laxminarayan Gaddam Country flag representing In Director 14-Jun-2007Current
Satyanarayan Gaddam Country flag representing In Director 15-May-2015Current

Financial Performance of J.J.Towels.

J.J.Towels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.23% increase. The company also saw a substantial improvement in profitability, with a 10.08% increase in profit. The company's net worth Soared by an impressive increase of 34.6%.

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
25.23%
Revenue from Operations
25.29%
Total Assets
60.28%
Profit or Loss
10.08%
Net Worth
34.60%
EBITDA
8.27%

What is the Ownership and Shareholding Structure of J.J.Towels?

In 2023, J.J.Towels had a promoter holding of 87.50% and a public holding of 12.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2018Others₹2.00 CrOpen

How Many Employees Work at J.J.Towels?

J.J.Towels has a workforce of 17 employees as of Apr 07, 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 J.J.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 J.J.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 J.J.Towels

Recent activity within the organization

  • Annual General Meeting

    J.J.Towels 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.J.Towels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100187715 was registered on 27 Feb 2018.

    27 Feb 2018

  • Director Appointment

    Siddheshwar Irappa Gaddam was appointed as a Director was appointed as a Director on 15 May 2015 & has been associated with this company since 9 years 9 months .

    15 May 2015

  • Director Appointment

    Suhas Lakshminarayan Gaddam was appointed as a Director was appointed as a Director on 15 May 2015 & has been associated with this company since 9 years 9 months .

    15 May 2015

  • Director Appointment

    Laxmikant Laxminarayan Gaddam was appointed as a Director was appointed as a Director on 15 May 2015 & has been associated with this company since 9 years 9 months .

    15 May 2015

Frequently asked questions

  • J.J.Towels Private Limited was incorporated on 14 Jun 2007.

  • The authorized share capital of J.J.Towels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.20 M.

  • Currently 9 directors are associated with J.J.Towels Private Limited.

    • Siddheshwar Irappa Gaddam
    • Pentappa Irappa Gaddam
    • Suhas Lakshminarayan Gaddam
    • Laxmikant Laxminarayan Gaddam
    • Laxminarayan Laxmipati Gaddam
    • Satyanarayan Irappa Gaddam
    • Sagar Satyanarayan Gaddam
    • Sandeep Pentappa Gaddam
    • Shailesh Siddheshwar Gaddam
  • As per Ministry of Corporate Affairs (Mca), the registered address of J.J.Towels Private Limited is E-1/2 M.I.D.C. Akkalkot Road, India, Solapur, Maharashtra, 413006.

  • The corporate identification number (CIN) of J.J.Towels Private Limited is U17290PN2007PTC130313 and the company number is 130313 as per Ministry of Corporate Affairs (MCA).

  • The Official website of J.J.Towels Private Limited is https://www.jjtowels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for J.J.Towels Private Limited has risen by 25.23%.

  • As Per 2023 financial reports, 17 employees are currently employed by J.J.Towels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of J.J.Towels Private Limited has experienced an upsurge of 34.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for J.J.Towels Private Limited amount to ₹ 2.00 Cr.

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

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