Jassi Hire Purchase Limited
About Jassi Hire Purchase Limited
Data last updated:
Jassi Hire Purchase Limited is a public limited company based in Jalandhar, Punjab, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 06 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1996PLC018722. Its GSTIN is 08AAACJ5712F1ZU (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.25 Cr. It is led by directors including Ramesh Kumar (Managing Director) and Gopal Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No.4 – A (Cabin No.2) Parwana Market Garha Road, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.06 Lakh (net margin 8.3%) and EBITDA of ₹44.88 Lakh (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹12.9 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Jassi Hire Purchase has one previous CIN (Corporate Identification Number): L65921PB1996PLC018722. The current CIN is U65921PB1996PLC018722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1996PLC018722 | Current |
| L65921PB1996PLC018722 | Previous |
Contact details
Jassi Hire Purchase Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.4 – A (Cabin No.2) Parwana Market Garha Road, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Jassi Hire Purchase 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 Jassi Hire Purchase is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Jassi Hire Purchase Limited, buy the company report.
Financials of Jassi Hire Purchase Limited
FY 2025 filings availableJassi Hire Purchase Limited reported revenue of ₹1.33 Cr (up 372% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 372% growth in the latest year. EBITDA rose 414% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹44.88 Lakh | ||||
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| Net Profit (PAT) | ₹11.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Jassi Hire Purchase Limited, buy the company report.
Board of directors of Jassi Hire Purchase Limited
Jassi Hire Purchase has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Singh | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Ram Kishore Yadav | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Renu Bala Also directs: Jassi Investment and Finance Private Limited, Jassi Finance Private Limited, Jassi Deposits Private Limited and 1 more | Director | 03 Jan 2017 | 9 Years 9 Months | Current |
| Meharban Singh | Director | 01 Oct 2007 | 19 Years 0 Months | Current |
| Phooli Devi | Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Kewal Singh Also directs: Jassi Investment and Finance Private Limited, Jassi Finance Private Limited, Jassi Deposits Private Limited and 1 more | Director | 01 Oct 2007 | 19 Years 0 Months | Current |
Auditor
Jassi Hire Purchase Limited is audited by BHARAT MAGO & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT MAGO & CO. | FY 2023 | 009397N |
Shareholding
The shareholding of Jassi Hire Purchase Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jassi Hire Purchase Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2025 | 101197272 | Others | ₹75 Lakh | Open | |
| 28 Oct 2025 | 101180627 | Others | ₹50 Lakh | Open | |
| 01 Oct 2025 | 101174085 | Others | ₹1 Cr | Open | |
| 30 Sep 2025 | 101173372 | Others | ₹50 Lakh | Open | |
| 30 Sep 2025 | 101172168 | Others | ₹50 Lakh | Open |
Total charge records: 23 View all charges
Legal cases
Jassi Hire Purchase Limited has 3 court cases on record: 3 filed by Jassi Hire Purchase. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Jalandhar, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Jassi Hire Purchase 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 Jassi Hire Purchase Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jassi Hire Purchase has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACJ5712F1ZU | Rajasthan | Active | 03 Jan 2024 |
To see the full GST registrations and return filing status of Jassi Hire Purchase Limited, buy the company report.
Recent activity
Jassi Hire Purchase Limited has 19 board changes on record since 2007: 8 appointments and 11 cessations. The latest: Phooli Devi ceased to be Additional Director on 29 Sep 2025.
33 earlier events are in the company report.
Frequently asked questions
Jassi Hire Purchase is an active public limited company based in Jalandhar, Punjab, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 06 September 1996 (30+ years old) and is registered under CIN U65921PB1996PLC018722.
Jassi Hire Purchase has 8 current directors:
- Ramesh Kumar - Managing Director
- Gopal Singh - Director
- Ram Kishore Yadav - Director
- Renu Bala - Director
- Meharban Singh - Director
- Phooli Devi - Director
- Kewal Singh - Director
- Kuldeep Singh - Director
The latest financial statements of Jassi Hire Purchase on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jassi Hire Purchase is 08AAACJ5712F1ZU, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Jassi Hire Purchase is U65921PB1996PLC018722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jassi Hire Purchase has 3 court cases on record: 3 filed by the company. 2 are pending.
Jassi Hire Purchase was incorporated on 06 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Phooli Devi ceased to be Additional Director on 29 Sep 2025. Phooli Devi was appointed as Director on 29 Nov 2024. Gopal Singh ceased to be Additional Director on 29 Sep 2024. Jassi Hire Purchase has 19 board changes on record in total.
The registered office of Jassi Hire Purchase is at Shop No.4 – A Cabin No.2 Parwana Market Garha Road, Jalandhar, Punjab, India – 144001.
Jassi Hire Purchase operates in the financial services industry, in the asset financing companies segment.