DPIIT recognised startup Government of India
Startup India
Ajaya Solutions Private Limited
Ajaya Solutions Private Limited - business outsourcing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹69.35 Cr
Latest filing
Net profit · FY 2020
₹13.72 Cr
Net margin 19.8%
EBITDA · FY 2020
₹18.74 Cr
EBITDA margin 27%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹99.14 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
10
Provident fund records
Directors on board
3
As per MCA filings
About Ajaya Solutions Private Limited
Data last updated:
Ajaya Solutions Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC324394. Its GSTIN is 29AASCA1998E1Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹99.14 Lakh. It is led by directors including Xu Nan Xu Xinchang and Nenavath Namdev Rathod.
Its last annual general meeting (AGM) was held on 26 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 401 4th Floor Arcadia Hiranandani Estate Ghodbunder Road Patlipada, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2020, the company reported a revenue of ₹69.35 Cr. For the same year it recorded a net profit of ₹13.72 Cr (net margin 19.8%) and EBITDA of ₹18.74 Cr (EBITDA margin 27%).
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RupeeMax. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 4 cases are pending.
Company details
CIN U74999MH2019PTC324394
Registration Number 324394
Incorporation Date 22 April 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 November 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ajaya Solutions
Contact details
Ajaya Solutions Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 4th Floor Arcadia Hiranandani Estate Ghodbunder Road Patlipada, Thane, Maharashtra, India – 400607
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ajaya Solutions Private Limited, buy the company report.
Comprehensive company report
Ajaya Solutions Private Limited - one report that includes everything
- 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
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Brands
Ajaya Solutions operates one associated brand: RupeeMax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an app-based platform for providing personal loans efficiently. | rupeemax.in |
Business activity
The main business activity of Ajaya Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ajaya Solutions Private Limited, buy the company report.
Financials of Ajaya Solutions Private Limited
FY 2020 filings availableAjaya Solutions Private Limited reported revenue of ₹69.35 Cr for FY 2020.
Revenue · FY 2020
₹69.35 Cr
Net profit · FY 2020
₹13.72 Cr margin 19.8%
EBITDA · FY 2020
₹18.74 Cr margin 27%
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹69.35 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹18.74 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹13.72 Cr |
| 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 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | 27% |
| Net Profit Margin | 19.8% |
| 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 Ajaya Solutions Private Limited, buy the company report.
Board of directors of Ajaya Solutions Private Limited
Ajaya Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xu Nan Xu Xinchang Also directs: Epoch Gocredit Solutions Private Limited | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Nenavath Namdev Rathod | Director | 16 Apr 2021 | 5 Years 6 Months | Current |
| Zhao Qiao | Director | 21 Sep 2019 | 7 Years 1 Months | Current |
Legal cases
Ajaya Solutions Private Limited has 6 court cases on record: 3 filed by Ajaya Solutions, 3 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Pinnacle Capital Solutions Pvt. Ltd | Disposed |
| District court, Hyderabad Central, Telangana | Criminal case | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Assistant Registrar of Companies | Pending |
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against The State of Telangana | Pending |
To see the full case history of Ajaya Solutions 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 Ajaya Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajaya Solutions Private Limited has a workforce of 10 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-80%
GST
Ajaya Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA1998E1Z3 | Karnataka | Active | 15 Dec 2019 |
To see the full GST registrations and return filing status of Ajaya Solutions Private Limited, buy the company report.
Recent activity
Ajaya Solutions Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Nenavath Namdev Rathod was appointed as Director on 16 Apr 2021.
Appointed
Nenavath Namdev Rathod was appointed as Director.
Ceased
Ankur Singh ceased to be Director.
AGM
Ajaya Solutions Private Limited last Annual general meeting of members was held on 26 Nov 2020 as per latest MCA records.
Ceased
Akshay Vijay Banerjee ceased to be Additional Director.
Ceased
Zhao Qiao ceased to be Additional Director.
Filing
Ajaya Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai Ii.
Appointed
Zhao Qiao was appointed as Director.
Ceased
Rakesh Kumar Pattayat ceased to be Director.
Appointed
Xu Nan Xu Xinchang was appointed as Director.
Incorporation
22 Apr 2019
Ajaya Solutions Private Limited was registered on 22 Apr 2019 with Roc Mumbai Ii & aged 7 years 6 months as per MCA records.
Frequently asked questions
Ajaya Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 April 2019 (7+ years old) and is registered under CIN U74999MH2019PTC324394.
Ajaya Solutions has 3 current directors:
- Xu Nan Xu Xinchang - Director
- Nenavath Namdev Rathod - Director
- Zhao Qiao - Director
The latest financial statements of Ajaya Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 26 November 2020. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ajaya Solutions is 29AASCA1998E1Z3, registered in Karnataka. 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 Ajaya Solutions is U74999MH2019PTC324394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajaya Solutions has 6 court cases on record: 3 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Ajaya Solutions was incorporated on 22 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Nenavath Namdev Rathod was appointed as Director on 16 Apr 2021. Ankur Singh ceased to be Director on 30 Nov 2020. Akshay Vijay Banerjee ceased to be Additional Director on 26 Nov 2020. Ajaya Solutions has 7 board changes on record in total.
Yes, Ajaya Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Ajaya Solutions is at 401 4th Floor Arcadia Hiranandani Estate Ghodbunder Road Patlipada, Thane, Maharashtra, India – 400607.