About Ekjot Advances Limited
Data last updated:
Ekjot Advances Limited was a public limited company based in Ludhiana, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the asset financing companies segment of the financial services sector. It was incorporated on 23 April 1992.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1992PLC012211. Its GSTIN is 03AABCE0574D1ZA (Punjab).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.01 Cr. It was formerly known as Ekjot Advances Pvt Limited. It was led by directors including Vikash Kumar Jha and Kuldeep Singh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1 First Floor 3245/22 Super Cycle Market Chet Singh Nagar Gill Road Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2018, the company reported a revenue of ₹26.08 Lakh, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 10.9%) and EBITDA of ₹4.89 Lakh (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending.
The last known website on record is themiragegroup.co.
Company details
CIN history
Ekjot Advances has one previous CIN (Corporate Identification Number): L65921PB1992PLC012211. The current CIN is U65921PB1992PLC012211, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1992PLC012211 | Current |
| L65921PB1992PLC012211 | Previous |
Contact details
Ekjot Advances Limited's registered office is in Ludhiana, Punjab. Its website is themiragegroup.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 First Floor 3245/22 Super Cycle Market Chet Singh Nagar Gill Road Ludhiana, Punjab, India – 141003
- IndustryFinancial Services, Asset Financing Companies
To see the full contact details of Ekjot Advances Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ekjot Advances is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ekjot Advances Limited, buy the company report.
Financials of Ekjot Advances Limited
FY 2018 filings availableEkjot Advances Limited reported revenue of ₹26.08 Lakh (up 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 88% growth in the latest year. EBITDA rose 49% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹26.08 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.89 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.84 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18.8% | |||
| Net Profit Margin | 10.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ekjot Advances Limited, buy the company report.
Board of directors of Ekjot Advances Limited
Ekjot Advances has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Kumar Jha | Director | 31 Aug 2015 | 11 Years 2 Months | As last reported |
| Kuldeep Singh | Director | 09 Aug 2017 | 9 Years 2 Months | As last reported |
| Amit Kumar | Director | 02 Sep 2018 | 8 Years 1 Months | As last reported |
Peer comparison
Ekjot Advances Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Asset Financing Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venus Star Investments Private Limited | ₹27.64 Lakh (FY 2025) | -20.0% | Jammu, Jammu and Kashmir, India | |||
| Neelgagan Finance Limited (T) | ₹26.28 Lakh (FY 2023) | -25.0% | Jammu, Jammu and Kashmir, India | |||
| Ekjot Advances Limitedthis company | ₹26.08 Lakh (FY 2018) | ₹2.84 Lakh | 10.9% | 88.0% | Ludhiana, Punjab, India | |
| Delhi Punjab Finance Co Limited | ₹25.68 Lakh (FY 2025) | 10.0% | Punjab, India |
To see the full peer comparison of Ekjot Advances Limited, buy the company report.
Auditor
Ekjot Advances Limited is audited by ASHWANI GUPTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI GUPTA & ASSOCIATES | FY 2018 | 000564N |
Shareholding
The shareholding of Ekjot Advances Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ekjot Advances Limited, buy the company report.
Legal cases
Ekjot Advances Limited has 8 court cases on record: 5 filed by Ekjot Advances, 3 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rewari, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Chandigarh | Commercial suit | Filed against the company by Registrar of Companies, Punjab and Haryana | Pending |
| District court, Hoshiarpur, Punjab | Execution petition | Filed by the company against an individual | Disposed |
| District court, Jalandhar, Punjab | Execution petition | Filed by the company against an individual | Disposed |
| District court, Jalandhar, Punjab | Court case (CS37) | Filed by the company against an individual | Disposed |
To see the full case history of Ekjot Advances Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ekjot Advances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ekjot Advances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCE0574D1ZA | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ekjot Advances Limited, buy the company report.
Recent activity
Ekjot Advances Limited has 18 board changes on record since 2007: 3 appointments and 15 cessations. The latest: Vikash Kumar Jha ceased to be Director on 23 Oct 2019.
9 earlier events are in the company report.
Frequently asked questions
Ekjot Advances has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ekjot Advances was a public limited company based in Ludhiana, Punjab, India. The company worked in asset financing companies, within the financial services industry. It was incorporated on 23 April 1992 and is registered under CIN U65921PB1992PLC012211. The company has been struck off by the Registrar of Companies and is no longer operational.
Ekjot Advances had 3 directors:
- Vikash Kumar Jha - Director
- Kuldeep Singh - Director
- Amit Kumar - Director
The CIN (Corporate Identification Number) of Ekjot Advances is U65921PB1992PLC012211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ekjot Advances is at 1 First Floor 324522 Super Cycle Market Chet Singh Nagar Gill Road Ludhiana, Punjab, India – 141003.
Ekjot Advances was incorporated on 23 April 1992. It is registered with the Registrar of Companies, Chandigarh.
Ekjot Advances can be reached through the website themiragegroup.co. Its registered office is in Ludhiana, Punjab, India.
The latest financial statements of Ekjot Advances on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Ekjot Advances is 03AABCE0574D1ZA, registered in Punjab.
Ekjot Advances operated in the financial services industry, in the asset financing companies segment. It worked in this industry before it was struck off.
The peers of Ekjot Advances by revenue are Venus Star Investments Private Limited, Neelgagan Finance Limited (T), Delhi Punjab Finance Co Limited, all in the BFSI industry (Asset Financing Companies), with the same principal business activity (other financial activities).
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