Simar Hire Purchase Limited - Company Profile

It is a financial services public limited company based in Jalandhar, Punjab, India, established in 1996.
1996 Jalandhar, Punjab, India Active
Last Updated:
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About Simar Hire Purchase Limited

Simar Hire Purchase Limited, a active public limited company, was established on 12 July 1996 in Jalandhar, Punjab, India. Engaging in asset financing companies within the financial services sector, it holds CIN: U65921PB1996PLC018496. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Its leadership includes Deepak Bali (Managing Director), Sonia Bali (Director), Dharm Paul Bali (Director). It holds ₹8.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 18 Gujrat Complexist Floor Jyoti Chowk, Jalandhar, Punjab.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65921PB1996PLC018496

  • Registration Number

    018496

  • Incorporation Date

    12 July 1996

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 M
  • Revenue Growth **** -16.95%
  • Profit Growth **** 508.32%
  • Ebitda **** 1.08%
  • Net Worth 0.17%
  • Total Assets **** 2.53%
Company report

Simar Hire Purchase Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Simar Hire Purchase Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Simar Hire Purchase Limited?
Current Directors
Name Designation Appointment Date Status
Deepak Bali Managing Director 12 Jul 1996 Current
Sonia Bali Director 02 Jan 2006 Current
Dharm Paul Bali Director 31 Jul 2004 Current

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Financial Performance of Simar Hire Purchase.

Simar Hire Purchase Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 16.95% decrease. The company also saw a substantial improvement in profitability, with a 508.32% increase in profit. The company's net worth moved up by a moderate rise of 0.17%.

Simar Hire Purchase revenue growth over time
Simar Hire Purchase profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -16.95%
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*******
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Revenue from Operations
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 -16.95%
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*******
*******
Total Assets
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 2.53%
*******
*******
*******
*******
Profit or Loss
*******
 508.32%
*******
*******
*******
*******
Net Worth
*******
 0.17%
*******
*******
*******
*******
EBITDA
*******
 1.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Simar Hire Purchase?

In 2018, Simar Hire Purchase had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Oriental Bank Of Commerce : 0.45 Cr
  • Others : 0.35 Cr
Latest Charge Details
Date Lender Amount Status
26 Jun 2019 Others ₹2.00 M Open
27 Mar 2019 Others ₹1.50 M Open
22 Feb 2011 Oriental Bank Of Commerce ₹4.50 M Open

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How Many Employees Work at Simar Hire Purchase?

Unlock and access historical data on people associated with Simar Hire Purchase, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Simar Hire Purchase, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Simar Hire Purchase's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Simar Hire Purchase
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Simar Hire Purchase Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Simar Hire Purchase Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100280445 was registered on 26 Jun 2019. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100254006 was registered on 27 Mar 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Oriental Bank Of Commerce amounted to Rs. 0.45 Cr with Charge ID 10271547 was registered on 22 Feb 2011. was completed.

  • Director Appointment

    The activity Sonia Bali was appointed as a Director was appointed as a Director on 02 Jan 2006 & has been associated with this company since 20 years 1 month . was completed.

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Frequently Asked Questions
What is the CIN of Simar Hire Purchase Limited?

The CIN of Simar Hire Purchase Limited is U65921PB1996PLC018496.

Where is Simar Hire Purchase Limited headquartered?

Simar Hire Purchase Limited is headquartered at 18 Gujrat Complexist Floor Jyoti Chowk, Jalandhar, Punjab.

When was Simar Hire Purchase Limited incorporated?

Simar Hire Purchase Limited was incorporated on 12 July 1996.

Who are the current directors of Simar Hire Purchase Limited?

The current directors of Simar Hire Purchase Limited are

What is the primary industry of Simar Hire Purchase Limited?

The primary industry of Simar Hire Purchase Limited is Financial Services.

Is Simar Hire Purchase Limited a listed company?

Simar Hire Purchase Limited is unlisted.

What is the capital structure of Simar Hire Purchase Limited?

The authorized capital of Simar Hire Purchase Limited is ₹5.50 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Simar Hire Purchase Limited?

The compliance status of Simar Hire Purchase Limited is Compliant.

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