Jolly Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 22.61 Cr
- Company Age 11 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.75 Cr
- Satisfied Charges ₹ 31.50 Cr
- Revenue Growth -41.55%
- Profit Growth -334.51%
- Ebitda -116.29%
- Net Worth -18.54%
- Total Assets 36.01%
About Jolly Spinning Mills
Jolly Spinning Mills Private Limited (JSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 November 2013 and has a history of 11 years and two months. Its registered office is in Chotila, Gujarat, 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 24.00 Cr and a paid-up capital of Rs 22.61 Cr.
The company currently has active open charges totaling ₹45.75 Cr. The company has closed loans amounting to ₹31.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jolly Spinning Mills Private Limited India is Romit Shah as COMPANY SECRETARY. Sahil Halani, Chirag Sejpal, Vinodkumar Pithadia, and Three other members serve as directors at the Company.
Company Details
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Location
Chotila, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17121GJ2013PTC077619
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Company No.
077619
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Nov 2013
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Jolly Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Romit Shah | Company Secretary | 17-Jul-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chirag Sejpal
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Director | 26-Nov-2013 | Current |
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Sahil Halani
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Director | 01-May-2024 | Current |
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Vinodkumar Pithadia
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Director | 26-Nov-2013 | Current |
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Arvindkumar Pithadia
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Director | 26-Nov-2013 | Current |
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Chirag Maru
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Director | 26-Nov-2013 | Current |
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Ramjanali Halani
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Director | 26-Nov-2013 | Current |
Financial Performance of Jolly Spinning Mills.
Jolly Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.55% decrease. The company also saw a substantial fall in profitability, with a 334.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.54%.
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What is the Ownership and Shareholding Structure of Jolly Spinning Mills?
In 2023, Jolly Spinning Mills 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)
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Jolly Spinners Private LimitedSahil Halani, Chirag Sejpal and 1 more are mutual person
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Honest Yarn Private Limited
Sahil Halani is a mutual person
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Jolly Tradeinfra Private Limited
Sahil Halani is a mutual person
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Grishiv Greenware Private Limited
Chirag Sejpal is a mutual person
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Ackma Woodlam Private Limited
Chirag Maru is a mutual person
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Jolly Agri Exim Private Limited
Ramjanali Halani is a mutual person
Charges (Loans)
₹45.75 Cr
₹31.50 Cr
Charges Breakdown by Lending Institutions
- Others : 45.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2023 | Others | ₹17.00 Cr | Open |
| 17 Jan 2023 | Others | ₹28.75 Cr | Open |
| 24 Jun 2022 | Others | ₹9.75 Cr | Satisfied |
| 09 Mar 2017 | State Bank Of India | ₹10.00 Cr | Satisfied |
| 26 May 2014 | State Bank Of India | ₹11.75 Cr | Satisfied |
How Many Employees Work at Jolly Spinning Mills?
Jolly Spinning Mills has a workforce of 6 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jolly Spinning Mills, 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 Spinning Mills'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.
