About Jolly Panel Private Limited
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Jolly Panel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20210MH1988PTC046753. Its GSTIN is 27AABCJ0911H1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.36 Cr. It is led by directors including Arjun Arvind Jolly and Rashmi Jolly.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rewa Chambers 50131 Sir V T Marg Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.34 Lakh, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹25.99 Lakh (net margin 69.6%) and EBITDA of ₹35.63 Lakh (EBITDA margin 95.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jollyboard.com.
CIN History of Jolly Panel Private Limited
Jolly Panel has one previous CIN (Corporate Identification Number): U20210MH1988PLC046753. The current CIN is U20210MH1988PTC046753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20210MH1988PTC046753 | Current |
| U20210MH1988PLC046753 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRewa Chambers 50131 Sir V T Marg Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Jolly Panel Private Limited
The main business activity of Jolly Panel is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Jolly Panel Private Limited FY 2024 filings available
Jolly Panel Private Limited reported revenue of ₹37.34 Lakh (up 149% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jolly Panel Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 149% growth in the latest year. EBITDA rose 195% 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 of Jolly Panel Private Limited
| 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 | ₹35.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.99 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 of Jolly Panel Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 69.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jolly Panel are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Jolly Panel Private Limited
Jolly Panel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anisha Arjun Jolly | Additional Director | 06 Sep 2023 | 3 Years 1 Months | Current |
| Arjun Arvind Jolly | Director | 03 Aug 1995 | 31 Years 2 Months | Current |
| Rashmi Jolly | Director | 25 Mar 1988 | 38 Years 6 Months | Current |
Peer Comparison of Jolly Panel Private Limited
Jolly Panel Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Makindian Township Private Limited | ₹37.37 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Thousand Moons Infra Private Limited | ₹37.35 Lakh (FY 2023) | •••• | •••• | 102.0% | •••• | Serlingampally, Telangana, India |
| Fornax Buildwell Private Limited | ₹37.35 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Ideal Nirman Private Limited | ₹37.35 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| MSB Capital Advisors Private Limited | ₹37.34 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Jolly Panel Private Limited this company | ₹37.34 Lakh (FY 2025) | •••• | •••• | 149.0% | •••• | Mumbai, Maharashtra, India |
| India Infocare Private Limited | ₹37.34 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Delhi, India |
| Ash Consultants Private Limited | ₹37.33 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Jaipur, Rajasthan, India |
| Bomma Infracon Private Limited | ₹37.33 Lakh (FY 2017) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Divadhare Confratech Private Limited | ₹37.31 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Bangalore, Karnataka, India |
| Rishiraj Developers Private Limited | ₹37.31 Lakh (FY 2025) | •••• | •••• | 581.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Jolly Panel by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Jolly Panel Private Limited
Jolly Panel Private Limited is audited by CHETAN JAIN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHETAN JAIN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Jolly Panel Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jolly Panel Private Limited
Jolly Panel Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Jolly Panel Private Limited
Employment history and EPFO contributions of people linked to Jolly Panel.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Jolly Panel Private Limited
Jolly Panel has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Recent Activity on Jolly Panel Private Limited
Jolly Panel Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Anisha Arjun Jolly was appointed as Additional Director on 06 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Jolly Panel Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jolly Panel Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jolly Panel Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Jolly Panel Private Limited
Jolly Panel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ0911H1ZY | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jolly Panel Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Jolly Panel Private Limited
Jolly Panel 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 25 March 1988 (38+ years old) and is registered under CIN U20210MH1988PTC046753.
Jolly Panel reported revenue of ₹37.34 Lakh for FY 2025 (up 149% YoY).
Jolly Panel has 3 current directors:
- Anisha Arjun Jolly - Additional Director
- Arjun Arvind Jolly - Director
- Rashmi Jolly - Director
Jolly Panel reported a net profit of ₹25.99 Lakh (net margin 69.6%) and EBITDA of ₹35.63 Lakh (EBITDA margin 95.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jolly Panel is 24% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 149%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jolly Panel is 27AABCJ0911H1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jolly Panel is U20210MH1988PTC046753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jolly Panel was incorporated on 25 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jolly Panel by revenue are Makindian Township Private Limited, Thousand Moons Infra Private Limited, Fornax Buildwell Private Limited, Ideal Nirman Private Limited, MSB Capital Advisors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Anisha Arjun Jolly was appointed as Additional Director on 06 Sep 2023. Arvind Govindram Jolly ceased to be Director on 05 Aug 2023. Arjun Arvind Jolly was appointed as Director on 03 Aug 1995. Jolly Panel has 4 board changes on record in total.
Jolly Panel can be reached through the website jollyboard.com. Its registered office is in Mumbai, Maharashtra, India.