Jolly Electricals Private Limited

Imports and assembles quality electrical and electronics products, specializing in high mast lighting and soft starters.

1989 | Vadodara, Gujarat (India) | Active
Last Updated: October 24, 2024

Jolly Electricals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.37 Cr
  • Revenue Growth 143.81%
  • Profit Growth 58.99%
  • Ebitda 34.93%
  • Net Worth 64.84%
  • Total Assets 82.87%

About Jolly Electricals

Jolly Electricals Private Limited (JEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 1989 and has a history of 35 years and six months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹8.37 Cr.

Nilesh Shah, Falguni Shah, and Dhanil Shah serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ1989PTC012534

  • Company No.

    012534

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Consumer Electronics & Durables

What products or services does Jolly Electricals Private Limited offer?

Jolly Electricals Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Starters.

Who are the key members and board of directors at Jolly Electricals?

Board Members (3)

NameDesignationAppointment DateStatus
Nilesh Shah Country flag representing In Director 25-Jul-1989Current
Falguni Shah Country flag representing In Director 23-Oct-1993Current
Dhanil Shah Country flag representing In Whole-Time Director 01-Feb-2022Current

Financial Performance of Jolly Electricals.

Jolly Electricals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 143.81% increase. The company also saw a substantial improvement in profitability, with a 58.99% increase in profit. The company's net worth Soared by an impressive increase of 64.84%.

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
143.81%
Revenue from Operations
142.32%
Total Assets
82.87%
Profit or Loss
58.99%
Net Worth
64.84%
EBITDA
34.93%

What is the Ownership and Shareholding Structure of Jolly Electricals?

In 2023, Jolly Electricals 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

₹83.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.45 Cr
  • Bank Of Baroda : 0.92 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2024Others₹3.00 CrOpen
31 Jul 1998Others₹4.45 CrOpen
06 Oct 1997Bank Of Baroda₹4.60 MOpen
08 Aug 1997Bank Of Baroda₹4.60 MOpen

How Many Employees Work at Jolly Electricals?

Unlock and access historical data on people associated with Jolly Electricals, 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 Jolly Electricals, 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 Jolly Electricals'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 Jolly Electricals

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100865619 was registered on 12 Feb 2024.

    12 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Jolly Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 44.50 M registered on 31 Jul 1998 with Charge ID 90112455 was modified on 06 Aug 2022.

    06 Aug 2022

  • Director Appointment

    Dhanil Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Feb 2022 & has been associated with this company since 2 years 11 months .

    01 Feb 2022

  • Charges

    A charge with Bank Of Baroda of Rs. 4.60 M registered on 06 Oct 1997 with Charge ID 90113134 was modified on 09 Jan 2002.

    09 Jan 2002

Frequently asked questions

  • Jolly Electricals Private Limited was incorporated on 25 Jul 1989.

  • The authorized share capital of Jolly Electricals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Jolly Electricals Private Limited.

    • Nilesh Vasantlal Shah
    • Falguni Nilesh Shah
    • Dhanil Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jolly Electricals Private Limited is S 09 Aries Complex87 Sampatrao Colony Productivity Road India, Baroda, Gujarat, 390007.

  • The corporate identification number (CIN) of Jolly Electricals Private Limited is U31909GJ1989PTC012534 and the company number is 012534 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jolly Electricals Private Limited is https://www.jollyelectricals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jolly Electricals Private Limited has risen by 143.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jolly Electricals Private Limited has experienced an upsurge of 64.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jolly Electricals Private Limited amount to ₹ 8.37 Cr.

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