Jolly Brothers Private Limited
About Jolly Brothers Private Limited
Data last updated:
Jolly Brothers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ajmera Realty & Infra India Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2003PTC231067. Its GSTIN is 27AAACJ1967C1ZR (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Rajnikant Shamalji Ajmera and Manoj Ishwarlal Ajmera.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Citimall Andheri New Link Road Andheri (W), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.2 Lakh, a growth of 78% compared to the previous year. For the same year it recorded a net loss of ₹22.27 Lakh (net margin -242.1%) and EBITDA of ₹9.2 Lakh (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹1.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Jolly Brothers has one previous CIN (Corporate Identification Number): U30007MH2003PTC013902. The current CIN is U30007MH2003PTC231067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30007MH2003PTC231067 | Current |
| U30007MH2003PTC013902 | Previous |
Contact details
Jolly Brothers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressCitimall Andheri New Link Road Andheri (W), Mumbai, Maharashtra, India – 400067
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Jolly Brothers Private 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
Financials of Jolly Brothers Private Limited
FY 2025 filings availableJolly Brothers Private Limited reported revenue of ₹9.2 Lakh (up 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 78% growth in the latest year. EBITDA rose 131% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.27 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | -242.1% | ||||
| 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 Jolly Brothers Private Limited, buy the company report.
Board of directors of Jolly Brothers Private Limited
Jolly Brothers has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnikant Shamalji Ajmera | Director | 09 Jan 2006 | 20 Years 9 Months | Current |
| Manoj Ishwarlal Ajmera Also directs: Sana Buildpro LLP, Sana Building Products LLP, Ajmera Realty & Infra India Limited and 5 more | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
| Bandish Bhogilal Ajmera Also directs: Offbeat Tech Park LLP, Parsuns Traders LLP, Ajmera Horizon Realty Private Limited and 5 more | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
| Nimish Shashikant Ajmera Also directs: Offbeat Tech Park LLP, Ajmera Clean Green Energy Limited, Ag Estates Limited and 5 more | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
| Sanjay Chhotalal Ajmera Also directs: Ajmera Realty & Infra India Limited, Shree Yogi Realcon Private Limited, Ajmera Estates (Karnataka) Private Limited and 5 more | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
Peer comparison
Jolly Brothers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Porus Developers Private Limited | ₹9.21 Lakh (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Subhumi Infrastructure Technology Private Limited | ₹9.21 Lakh (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Qmax Associates Private Limited | ₹9.21 Lakh (FY 2025) | -82.0% | New Delhi, Delhi, India | |||
| Allied Builders Private Limited | ₹9.2 Lakh (FY 2024) | -49.0% | New Delhi, Delhi, India | |||
| Exult Realty Private Limited | ₹9.2 Lakh (FY 2024) | -99.0% | Kolkata, West Bengal, India | |||
| Jolly Brothers Private Limitedthis company | ₹9.2 Lakh (FY 2025) | -₹22.27 Lakh | -242.1% | 78.0% | Mumbai, Maharashtra, India | |
| SMD Deluxe Apartment Private Limited | ₹9.2 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Jeevan-Surabhi Agrotech & Developers Limited | ₹9.2 Lakh (FY 2024) | 2350.0% | Datia, Madhya Pradesh, India | |||
| Euro Developers Private Limited | ₹9.2 Lakh (FY 2025) | 264232.0% | Mumbai, Maharashtra, India | |||
| Agartha Builders Private Limited | ₹9.19 Lakh (FY 2024) | -29.0% | New Delhi, Delhi, India | |||
| Sri Shakti Land Developers and Constructions Company Limited | ₹9.19 Lakh (FY 2024) | 360.0% | Karnataka, India |
To see the full peer comparison of Jolly Brothers Private Limited, buy the company report.
Auditor
Jolly Brothers Private Limited is audited by V PAREKH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V PAREKH & ASSOCIATES | FY 2021 | 107488W |
Shareholding
The shareholding of Jolly Brothers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jolly Brothers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 1999 | 90371714 | Union Bank of India | ₹3 Lakh | Open | |
| 05 Oct 1997 | 90090568 | Cental Bank of India | ₹20 Lakh | Open | |
| 01 Feb 1975 | 90089120 | Central Bank of India | ₹20 Lakh | Open | |
| 17 Apr 1973 | 90089110 | State Bank of India | ₹48.72 Lakh | Open | |
| 02 Apr 1973 | 90089109 | State Bank of India | ₹48.72 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Jolly Brothers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jolly Brothers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jolly Brothers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ1967C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jolly Brothers Private Limited, buy the company report.
Recent activity
Jolly Brothers Private Limited has 11 board changes on record since 2006: 5 appointments and 6 cessations. The latest: Ishwarlal Shamalji Ajmera ceased to be Director on 09 Aug 2015.
9 earlier events are in the company report.
Frequently asked questions
Jolly Brothers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 December 2003 (23+ years old) and is registered under CIN U30007MH2003PTC231067.
Jolly Brothers has 5 current directors:
- Rajnikant Shamalji Ajmera - Director
- Manoj Ishwarlal Ajmera - Director
- Bandish Bhogilal Ajmera - Director
- Nimish Shashikant Ajmera - Director
- Sanjay Chhotalal Ajmera - Director
The latest financial statements of Jolly Brothers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jolly Brothers is 27AAACJ1967C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jolly Brothers is U30007MH2003PTC231067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jolly Brothers was incorporated on 26 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jolly Brothers by revenue are Porus Developers Private Limited, Subhumi Infrastructure Technology Private Limited, Qmax Associates Private Limited, Allied Builders Private Limited, Exult Realty Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ishwarlal Shamalji Ajmera ceased to be Director on 09 Aug 2015. Bandish Bhogilal Ajmera ceased to be Additional Director on 28 Sep 2013. Manoj Ishwarlal Ajmera ceased to be Additional Director on 28 Sep 2013. Jolly Brothers has 11 board changes on record in total.
The registered office of Jolly Brothers is at Citimall Andheri New Link Road Andheri W, Mumbai, Maharashtra, India – 400067.
Jolly Brothers operates in the real estate and construction industry, in the real estate builders and developers segment.
Jolly Brothers has open charges of ₹1.9 Cr and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
