Joshi Automotives Private Limited

Provides vehicle sales, maintenance, repair, and fuel retail services since 2006 in Chandigarh.

2006 | Chandigarh, Chandigarh (India) | Active
Last Updated: November 17, 2024

Joshi Automotives Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.09 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 44.67 Cr
  • Satisfied Charges ₹ 69.50 Cr
  • Revenue Growth 21.93%
  • Profit Growth 12.09%
  • Ebitda -57.50%
  • Net Worth 17.67%
  • Total Assets 10.53%

About Joshi Automotives

Joshi Automotives Private Limited (JAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 September 2006 and has a history of 18 years and four months. Its registered office is in Chandigarh, Chandigarh.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.09 Cr.

The company currently has active open charges totaling ₹44.67 Cr. The company has closed loans amounting to ₹69.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ritu Joshi, Vikram Joshi, and Abhishek Joshi serve as directors at the Company.

Company Details

  • Location
    Chandigarh, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101CH2006PTC030579

  • Company No.

    030579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Joshi Automotives?

Board Members (3)

Name Designation Appointment Date Status
Ritu Joshi Country flag representing In Whole-Time Director 14-Sep-2006 Current
Vikram Joshi Country flag representing In Director 14-Sep-2006 Current
Abhishek Joshi Country flag representing In Director 24-Jan-2023 Current

Financial Performance of Joshi Automotives.

Joshi Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.93% increase. The company also saw a substantial improvement in profitability, with a 12.09% increase in profit. The company's net worth Soared by an impressive increase of 17.67%.

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
21.93%
Revenue from Operations
22.10%
Total Assets
10.53%
Profit or Loss
12.09%
Net Worth
17.67%
EBITDA
-57.50%

What is the Ownership and Shareholding Structure of Joshi Automotives?

In 2023, Joshi Automotives had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.67 Cr

Satisfied Charges

₹69.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.47 Cr
  • Kotak Mahindra Bank Limited : 1.20 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2023 Others ₹3.19 M Open
31 Aug 2023 Others ₹1.13 Cr Open
10 Jul 2023 Others ₹3.38 Cr Open
17 Mar 2012 Kotak Mahindra Bank Limited ₹1.20 Cr Open
16 Sep 2011 Others ₹38.65 Cr Open

How Many Employees Work at Joshi Automotives?

Joshi Automotives has a workforce of 233 employees as of Mar 28, 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 Joshi Automotives, 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 Joshi Automotives'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 Joshi Automotives

Recent activity within the organization

  • Annual General Meeting

    Joshi Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Joshi Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100812966 was registered on 31 Oct 2023.

    31 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 1.13 Cr with Charge ID 100785707 was registered on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 3.38 Cr with Charge ID 100767099 was registered on 10 Jul 2023.

    10 Jul 2023

  • Director Appointment

    Abhishek Joshi was appointed as a Director was appointed as a Director on 24 Jan 2023 & has been associated with this company since 2 years 8 days .

    24 Jan 2023

Frequently asked questions

  • Joshi Automotives Private Limited was incorporated on 14 Sep 2006.

  • The authorized share capital of Joshi Automotives Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.09 Cr.

  • Currently 3 directors are associated with Joshi Automotives Private Limited.

    • Ritu Joshi
    • Vikram Joshi
    • Abhishek Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Joshi Automotives Private Limited is Plot No. 67, Industrial Area Phase-Ii India, Chandigarh, 160028.

  • The corporate identification number (CIN) of Joshi Automotives Private Limited is U50101CH2006PTC030579 and the company number is 030579 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Joshi Automotives Private Limited has risen by 21.93%.

  • As Per 2023 financial reports, 233 employees are currently employed by Joshi Automotives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Joshi Automotives Private Limited has experienced an upsurge of 17.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Joshi Automotives Private Limited amount to ₹ 44.67 Cr.

  • The most recent Balance Sheet for Joshi Automotives Private Limited was filed with the ROC on 31 Mar 2024.

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