Jyote Motors (Balasore) Private Limited

Auto dealership specializing in Maruti Car sales.

2009 | Bhubaneswar, Orissa (India) | Active
Last Updated: July 01, 2024

Jyote Motors (Balasore) Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 24.00 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 77.32 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 43.98%
  • Profit Growth 40.92%
  • Ebitda 62.14%
  • Net Worth 49.32%
  • Total Assets 31.64%

About Jyote Motors (Balasore)

Jyote Motors (Balasore) Private Limited (JMBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 September 2009 and has a history of 15 years and five months. Its registered office is in Bhubaneswar, Orissa, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 24.00 Cr and a paid-up capital of Rs 24.00 Cr.

The company currently has active open charges totaling ₹77.32 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jyote Motors (Balasore) Private Limited India is Gopabandhu Biswal as COMPANY SECRETARY. Meenu Patnaik and Devjyoti Patnaik serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jyotemotors.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50103OR2009PTC011126

  • Company No.

    011126

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive

Who are the key members and board of directors at Jyote Motors (Balasore)?

Executive Team (1)

NameDesignationAppointment DateStatus
Gopabandhu Biswal Company Secretary01-Mar-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Meenu Patnaik Country flag representing In Director 09-Sep-2009Current
Devjyoti Patnaik Country flag representing In Director 09-Sep-2009Current

Financial Performance of Jyote Motors (Balasore).

Jyote Motors (Balasore) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.98% increase. The company also saw a substantial improvement in profitability, with a 40.92% increase in profit. The company's net worth Soared by an impressive increase of 49.32%.

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
43.98%
Revenue from Operations
44.17%
Total Assets
31.64%
Profit or Loss
40.92%
Net Worth
49.32%
EBITDA
62.14%

What is the Ownership and Shareholding Structure of Jyote Motors (Balasore)?

In 2023, Jyote Motors (Balasore) 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

₹77.32 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 38.01 Cr
  • Tata Capital Financial Services Limited : 14.98 Cr
  • Hdfc Bank Limited : 10.36 Cr
  • Others : 7.51 Cr
  • Axis Bank Limited : 6.46 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2023Axis Bank Limited₹6.46 CrOpen
20 Oct 2022Others₹7.51 CrOpen
14 Sep 2022Tata Capital Financial Services Limited₹6.50 MOpen
31 Aug 2020Tata Capital Financial Services Limited₹1.33 CrOpen
30 Aug 2018Tata Capital Financial Services Limited₹9.50 CrOpen

How Many Employees Work at Jyote Motors (Balasore)?

Unlock and access historical data on people associated with Jyote Motors (Balasore), 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 Jyote Motors (Balasore), 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 Jyote Motors (Balasore)'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 Jyote Motors (Balasore)

Recent activity within the organization

  • Director Appointment

    Gopabandhu Biswal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2024 & has been associated with this company since 11 months 24 days .

    01 Mar 2024

  • Charges

    A charge registered on 02 Jun 2017 via Charge ID 100122707 with Others was fully satisfied on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge with State Bank Of India of Rs. 38.01 Cr registered on 22 Mar 2013 with Charge ID 10419909 was modified on 03 Oct 2023.

    03 Oct 2023

  • Annual General Meeting

    Jyote Motors (Balasore) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Jyote Motors (Balasore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 9.50 Cr registered on 30 Aug 2018 with Charge ID 100201743 was modified on 24 Feb 2023.

    24 Feb 2023

Frequently asked questions

  • Jyote Motors (Balasore) Private Limited was incorporated on 09 Sep 2009.

  • The authorized share capital of Jyote Motors (Balasore) Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 24.00 Cr.

  • Currently 3 directors are associated with Jyote Motors (Balasore) Private Limited.

    • Meenu Patnaik
    • Devjyoti Patnaik
    • Gopabandhu Biswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jyote Motors (Balasore) Private Limited is 462 Goutam Nagar, Bhubaneswar, Orissa, India, 751002.

  • The corporate identification number (CIN) of Jyote Motors (Balasore) Private Limited is U50103OR2009PTC011126 and the company number is 011126 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jyote Motors (Balasore) Private Limited is https://www.jyotemotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jyote Motors (Balasore) Private Limited has risen by 43.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jyote Motors (Balasore) Private Limited has experienced an upsurge of 49.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jyote Motors (Balasore) Private Limited amount to ₹ 77.32 Cr.

  • The most recent Balance Sheet for Jyote Motors (Balasore) Private Limited was filed with the ROC on 31 Mar 2023.