Simar Hire Purchase Limited

Simar Hire Purchase Limited

Provides financial services such as hire purchase, finance, housing and industrial financing, and leasing.
1996 | Jalandhar, Punjab (India) | Active

Last Updated:

July 05, 2024
HomeCompanySimar Hire Purchase Limited

Who are the key members and board of directors at Simar Hire Purchase?

Executive Team (1)

NameDesignationAppointment DateStatus
Deepak Bali InManaging Director12-Jul-1996Current

Board Members(2)

NameDesignationAppointment DateStatus
Sonia Bali In Director 02-Jan-2006Current
Dharm Bali In Director 31-Jul-2004Current

Financial Performance of Simar Hire Purchase.

Simar Hire Purchase Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 16.95% decrease. The company also saw a substantial improvement in profitability, with a 508.32% increase in profit. The company's net worth moved up by a moderate rise of 0.17%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-16.95%
Revenue from Operations
-16.95%
Total Assets
2.53%
Profit or Loss
508.32%
Net Worth
0.17%
EBITDA
1.08%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.80 Cr

LenderAmountStatus

Others

Creation Date: 26 Jun 2019
₹2.00 MOpen

Others

Creation Date: 27 Mar 2019
₹1.50 MOpen

Oriental Bank Of Commerce

Creation Date: 22 Feb 2011
₹4.50 MOpen

How Many Employees Work at Simar Hire Purchase?

Unlock and access historical data on people associated with Simar Hire Purchase, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Simar Hire Purchase

Recent activity within the organization

  • Annual General Meeting

    Simar Hire Purchase Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Simar Hire Purchase Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.

    31 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100280445 was registered on 26 Jun 2019.

    26 Jun 2019

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100254006 was registered on 27 Mar 2019.

    27 Mar 2019

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 0.45 Cr with Charge ID 10271547 was registered on 22 Feb 2011.

    22 Feb 2011

  • Director Appointment

    Sonia Bali was appointed as a Director was appointed as a Director on 02 Jan 2006 & has been associated with this company since 18 years 11 months .

    02 Jan 2006

Frequently asked questions

  • Simar Hire Purchase Limited was incorporated on 12 Jul 1996.

  • The authorized share capital of Simar Hire Purchase Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Simar Hire Purchase Limited.

    • Sonia Bali
    • Deepak Bali
    • Dharm Paul Bali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simar Hire Purchase Limited is 18 Gujrat Complexist Floor Jyoti Chowk India, Jalandhar, Punjab.

  • The corporate identification number (CIN) of Simar Hire Purchase Limited is U65921PB1996PLC018496 and the company number is 018496 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Simar Hire Purchase Limited has fallen by -16.95%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Simar Hire Purchase Limited has experienced an upsurge of 0.17%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Simar Hire Purchase Limited amount to ₹ 8.00 M.

  • The most recent Balance Sheet for Simar Hire Purchase Limited was filed with the ROC on 31 Mar 2020.

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