Jolly Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 04-07-2024
- Paid Up Capital ₹ 1.00 M
as on 04-07-2024
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 46.00 M
as on 04-07-2024
- Satisfied Charges ₹ 13.00 M
as on 04-07-2024
- Revenue 120.04%
(FY 2023)
- Profit 76.12%
(FY 2023)
- Ebitda 158.86%
(FY 2023)
- Net Worth 42.88%
(FY 2023)
- Total Assets 57.14%
(FY 2023)
About Jolly Motors
The Company is engaged in the Automobiles 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 1.00 M.
The company currently has active open charges totaling ₹4.60 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Ramnani, Devraj Ramnani, and Kajal Ramnani serve as directors at the Company.
- CIN/LLPIN
U50404GJ2009PTC057134
- Company No.
057134
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Jolly Motors Private Limited offer?
Jolly Motors Private Limited offers a wide range of products and services, including Cars, Motor Cars, Four Wheelers, Volkswagen Cars, Used Machinery & Tools, Second Hand Cars, Second Hand Hyundai Cars, Audi Cars.
Who are the key members and board of directors at Jolly Motors?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Ramnani  | Director | 03-Jun-2009 | Current |
| Devraj Ramnani | Director | 30-Jul-2020 | Current |
| Kajal Ramnani | Director | 03-Jun-2009 | Current |
Financial Performance and Corporate Structure Insights of Jolly Motors.
Jolly Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.04% increase. The company also saw a substantial improvement in profitability, with a 76.12% increase in profit. The company's net worth Soared by an impressive increase of 42.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Jolly Motors?
In 2023, Jolly Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jolly Motor Corporation Private Limited
Active
11 years 11 months Suresh Ramnani, Devraj Ramnani and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Aug 2021 | ₹4.60 Cr | Open |
Others Creation Date: 16 Dec 2019 | ₹3.00 M | Satisfied |
Bank Of Maharashtra Creation Date: 12 Oct 2012 | ₹1.00 Cr | Satisfied |
How Many Employees Work at Jolly Motors?
Unlock and access historical data on people associated with Jolly Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jolly Motors, 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 Motors's trajectory.
Rating
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
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.
