About Ajagar Finance Private Limited
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Ajagar Finance Private Limited is a private limited company based in Goalpara, Assam, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U65929AS2015PTC012082. Its GSTIN is 18AANCA4052E1ZS (Assam).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹3.07 Cr. It is led by directors including Hiren Kalita (Managing Director) and Chaitanya Das.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Agia Bazar Agia, Goalpara, Assam, India – 783120.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.15 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.18 Lakh (net margin 2.8%) and EBITDA of ₹66.78 Lakh (EBITDA margin 58.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sa-Dhan. As per MCA filings, the company has open charges of ₹9.6 Cr and satisfied charges of ₹9.05 Cr on record. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹50 Lakh; the latest was in March 2022. Its 4 peer companies in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (activities auxiliary to financial service and insurance activities) are compared by revenue, 4 larger; the largest is Noetic Finance Private Limited with revenue of ₹1.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website financeajagar.business.site.
Company details
Contact details
Ajagar Finance Private Limited's registered office is in Goalpara, Assam. Its website is financeajagar.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Agia Bazar Agia, Goalpara, Assam, India – 783120
- IndustryFinancial Services, NBFC, Microfinance Institutions
To see the full contact details of Ajagar Finance 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
Brands
Ajagar Finance operates one associated brand: Sa-Dhan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of innovative landfill gas purification systems | sa-dhan.net |
Business activity
The main business activity of Ajagar Finance is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Ajagar Finance Private Limited, buy the company report.
Financials of Ajagar Finance Private Limited
FY 2025 filings availableAjagar Finance Private Limited reported revenue of ₹1.15 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 13% fall in the latest year. EBITDA fell 9% 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 | ₹66.78 Lakh | ||||
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| Net Profit (PAT) | ₹3.18 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 | 58.1% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Ajagar Finance Private Limited, buy the company report.
Board of directors of Ajagar Finance Private Limited
Ajagar Finance has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Das | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Madhurjya Prasad Bezbaruah | Director | 16 Oct 2015 | 11 Years 0 Months | Current |
| Veekash Kumar Agarwal | Nominee Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Hiren Kalita Also directs: Ajagar Agro Producer Company Limited | Managing Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Dalimi Das Also directs: Ajagar Agro Producer Company Limited | Director | 10 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Ajagar Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Noetic Finance Private Limited | ₹1.15 Cr (FY 2024) | -5.0% | Mumbai, Maharashtra, India | |||
| Mushupug Consultancy Private Limited | ₹1.15 Cr (FY 2025) | 47.0% | Mumbai, Maharashtra, India | |||
| Rudawal Capital Trust Limited | ₹1.15 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Orient Bonds and Stock Limited | ₹1.15 Cr (FY 2022) | -60.0% | New Delhi, Delhi, India | |||
| Ajagar Finance Private Limitedthis company | ₹1.15 Cr (FY 2024) | ₹3.18 Lakh | 2.8% | -13.0% | 20 | Goalpara, Assam, India |
To see the full peer comparison of Ajagar Finance Private Limited, buy the company report.
Shareholding
The shareholding of Ajagar Finance Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ajagar Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2024 | 100855182 | North Eastern Development Finance Corporation Limited | ₹40 Lakh | Open | |
| 08 Jun 2023 | 100729163 | Others | ₹1.2 Cr | Open | |
| 09 May 2022 | 100572184 | Others | ₹1 Cr | Open | |
| 22 Aug 2019 | 100285181 | Others | ₹2 Cr | Open | |
| 08 Mar 2019 | 100249900 | North Eastern Development Finance Corporation Limited | ₹5 Cr | Open |
To see the full charge records of Ajagar Finance Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Ajagar Finance Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹50 Lakh; the latest was in March 2022.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹15 Lakh | Investors: 4 individuals |
To see the full deal history of Ajagar Finance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ajagar Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ajagar Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajagar Finance Private Limited has a workforce of 20 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Ajagar Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AANCA4052E1ZS | Assam | Active | 21 Jan 2018 |
To see the full GST registrations and return filing status of Ajagar Finance Private Limited, buy the company report.
Recent activity
Ajagar Finance Private Limited has 9 board changes on record since 2015: 5 appointments and 4 cessations. The latest: Lemli Loyi ceased to be Nominee Director on 30 Sep 2023.
20 earlier events are in the company report.
Frequently asked questions
Ajagar Finance is an active private limited company based in Goalpara, Assam, India. The company works in nbfc, within the financial services industry. It was incorporated on 31 March 2015 (11+ years old) and is registered under CIN U65929AS2015PTC012082.
Ajagar Finance has 5 current directors:
- Hiren Kalita - Managing Director
- Chaitanya Das - Director
- Madhurjya Prasad Bezbaruah - Director
- Veekash Kumar Agarwal - Nominee Director
- Dalimi Das - Director
The latest financial statements of Ajagar Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ajagar Finance is 18AANCA4052E1ZS, registered in Assam.
The CIN (Corporate Identification Number) of Ajagar Finance is U65929AS2015PTC012082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajagar Finance was incorporated on 31 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Guwahati.
Ajagar Finance has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹50 Lakh; the latest was in March 2022.
The peers of Ajagar Finance by revenue are Noetic Finance Private Limited, Mushupug Consultancy Private Limited, Rudawal Capital Trust Limited, Orient Bonds and Stock Limited, all in the BFSI industry (Finance, Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Lemli Loyi ceased to be Nominee Director on 30 Sep 2023. Veekash Kumar Agarwal was appointed as Nominee Director on 30 Sep 2023. Dalimi Das was appointed as Director on 10 Mar 2023. Ajagar Finance has 9 board changes on record in total.
Ajagar Finance can be reached through the website financeajagar.business.site. Its registered office is in Goalpara, Assam, India.
The registered office of Ajagar Finance is at 1st Floor Agia Bazar Agia, Goalpara, Assam, India – 783120.