About Jolly Overseas Private Limited
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Jolly Overseas Private Limited is a private limited company based in Punjab, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 02 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51225PB1998PTC021254. Its GSTIN is 03AAACJ5922F1Z0 (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.83 Lakh. It is led by directors including Randeep Singh Jolly (Managing Director) and Tandeep Singh Jolly.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Preet Nagarjolly Market Jalandhar City, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.99 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Lakh (net margin 0.1%) and EBITDA of ₹5.72 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹1.68 Cr and satisfied charges of ₹1.72 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website jollyoverseas.com.
Company details
Contact details
Jolly Overseas Private Limited's registered office is in Punjab. Its website is jollyoverseas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPreet Nagarjolly Market Jalandhar City, Punjab, India
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Jolly Overseas 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
Business activity
The main business activity of Jolly Overseas is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Jolly Overseas Private Limited, buy the company report.
Financials of Jolly Overseas Private Limited
FY 2025 filings availableJolly Overseas Private Limited reported revenue of ₹15.99 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 11% fall in the latest year. EBITDA fell 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.72 Lakh | ||||
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| Net Profit (PAT) | ₹1.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Jolly Overseas Private Limited, buy the company report.
Board of directors of Jolly Overseas Private Limited
Jolly Overseas has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tandeep Singh Jolly | Director | 02 Apr 1998 | 28 Years 7 Months | Current |
| Randeep Singh Jolly | Managing Director | 02 Apr 1998 | 28 Years 7 Months | Current |
| Manjit | Additional Director | 18 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Jolly Overseas Private Limited is audited by DHIRAJ JIDANI & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIRAJ JIDANI & COMPANY | FY 2022 | 020163N |
Shareholding
The shareholding of Jolly Overseas Private 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 Jolly Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2025 | 101181636 | Others | ₹50 Lakh | Open | |
| 04 Sep 2003 | 90171315 | Punjab & Sind Bank | ₹9 Lakh | Open | |
| 04 Sep 2003 | 90311898 | Punjab and Sind Bank | ₹9 Lakh | Open | |
| 30 Dec 1999 | 90311353 | State Bank of Patiala | ₹50 Lakh | Open | |
| 30 Aug 1995 | 90168750 | State Bank of Patiala | ₹50 Lakh | Open |
To see the full charge records of Jolly Overseas Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Jolly Overseas Private Limited has 5 court cases on record: 5 filed by Jolly Overseas. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 3 others | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against State of Punjab and Ors | Disposed |
To see the full case history of Jolly Overseas Private 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 Jolly Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jolly Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACJ5922F1Z0 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jolly Overseas Private Limited, buy the company report.
Recent activity
Jolly Overseas Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Manjit was appointed as Additional Director on 18 Apr 2023.
6 earlier events are in the company report.
Frequently asked questions
Jolly Overseas is an active private limited company based in Punjab, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 02 April 1998 (28+ years old) and is registered under CIN U51225PB1998PTC021254.
Jolly Overseas has 3 current directors:
- Randeep Singh Jolly - Managing Director
- Tandeep Singh Jolly - Director
- Manjit - Additional Director
The latest financial statements of Jolly Overseas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jolly Overseas is 03AAACJ5922F1Z0, registered in Punjab.
The CIN (Corporate Identification Number) of Jolly Overseas is U51225PB1998PTC021254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jolly Overseas has 5 court cases on record: 5 filed by the company. 2 are pending. Most are in the high courts.
Jolly Overseas was incorporated on 02 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Manjit was appointed as Additional Director on 18 Apr 2023. Amarjit Singh Jolly ceased to be Director on 01 Apr 2013. Ravinder Jolly ceased to be Director on 12 Oct 2012. Jolly Overseas has 5 board changes on record in total.
Jolly Overseas can be reached through the website jollyoverseas.com. Its registered office is in Punjab, India.
The registered office of Jolly Overseas is at Preet Nagarjolly Market Jalandhar City, Punjab, India.
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