About Ajaaya Development Foundation
Data last updated:
Ajaaya Development Foundation is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the fund segment of the financial services sector. It was incorporated on 09 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85300TN2021NPL140647. Its GSTIN is 33AAUCA6228M1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors including Ragothamarao Raghavender Anand and Muthiah Pushpam Tolerance Samuel.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 69 Tamil Solai Street Millenium Town Adyamlampattu Vanagaram, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.38 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹7.6 Lakh (net margin 2.2%) and EBITDA of ₹92.12 Lakh (EBITDA margin 27.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹2.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajaaya.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address69 Tamil Solai Street Millenium Town Adyamlampattu Vanagaram, Chennai, Tamil Nadu, India – 600095
- IndustryFinancial Services, Fund, Trust, Other Financial Holding
- 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 Ajaaya Development Foundation
The main business activity of Ajaaya Development Foundation is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies | 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.
Auditor Details of Ajaaya Development Foundation
Ajaaya Development Foundation is audited by N.S.Shastri & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.S.Shastri & Co | 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.
Board of Directors of Ajaaya Development Foundation
Ajaaya Development Foundation has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragothamarao Raghavender Anand | Director | 23 Jun 2022 | 4 Years 3 Months | Current |
| Muthiah Pushpam Tolerance Samuel Also directs: Aurukshaya Consultants Private Limited | Director | 09 Jan 2021 | 5 Years 8 Months | Current |
| Sankaran Gopinath Also directs: Aurukshaya Consultants Private Limited | Director | 09 Jan 2021 | 5 Years 8 Months | Current |
| Selvi | Director | 12 May 2022 | 4 Years 4 Months | Current |
Financials of Ajaaya Development Foundation FY 2025 filings available
Ajaaya Development Foundation reported revenue of ₹3.38 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ajaaya Development Foundation
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA fell 24% 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 Ajaaya Development Foundation
| 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 | ₹92.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.6 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 Ajaaya Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Ajaaya Development Foundation are in the company report.
Financial statements from FY 2021
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.
Ownership and Shareholding of Ajaaya Development Foundation
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 Ajaaya Development Foundation
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Others | ₹50 Lakh | Satisfied |
| 29 Aug 2023 | Others | ₹50 Lakh | Satisfied |
| 01 Jun 2023 | Others | ₹30 Lakh | Satisfied |
| 27 Dec 2022 | Indian Bank | ₹1.44 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Ajaaya Development Foundation
Ajaaya Development Foundation has a workforce of 56 employees as of Mar 22, 2024.
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.
GST Compliance of Ajaaya Development Foundation
Ajaaya Development Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAUCA6228M1Z6 | Tamil Nadu | Active | 12 Feb 2021 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Ajaaya Development Foundation
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 Ajaaya Development Foundation
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 Ajaaya Development Foundation
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.
MCA Filings & Documents of Ajaaya Development Foundation
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.
Recent Activity on Ajaaya Development Foundation
Frequently Asked Questions about Ajaaya Development Foundation
Ajaaya Development Foundation is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in fund, within the financial services industry. It was incorporated on 09 January 2021 (5+ years old) and is registered under CIN U85300TN2021NPL140647.
Ajaaya Development Foundation reported revenue of ₹3.38 Cr for FY 2025 (down 10% YoY).
Ajaaya Development Foundation has 4 current directors:
- Ragothamarao Raghavender Anand - Director
- Muthiah Pushpam Tolerance Samuel - Director
- Sankaran Gopinath - Director
- Selvi - Director
Ajaaya Development Foundation reported a net profit of ₹7.6 Lakh (net margin 2.2%) and EBITDA of ₹92.12 Lakh (EBITDA margin 27.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ajaaya Development Foundation is 52% over three years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ajaaya Development Foundation is 33AAUCA6228M1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ajaaya Development Foundation is U85300TN2021NPL140647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajaaya Development Foundation was incorporated on 09 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Ajaaya Development Foundation can be reached through the website ajaaya.in. Its registered office is in Chennai, Tamil Nadu, India.