Ajar Enterprises Private Limited
About Ajar Enterprises Private Limited
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Ajar Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1994PTC076210. Its GSTIN is 27AACCA8978L2ZX (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.26 Cr. It is led by directors Girdhar Gokuldas Maheshwari and Ashok Nawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Manu Mansion 3rd Floors B Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹28,735, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹57.35 Lakh and EBITDA of -₹24,632 (EBITDA margin -85.7%). Revenue has declined at a compounded annual rate (CAGR) of 97% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹16.5 Cr on record. Court records list 29 cases involving the company, including 20 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ajar Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressManu Mansion 3rd Floors B Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ajar Enterprises 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
Financials of Ajar Enterprises Private Limited
FY 2024 filings availableAjar Enterprises Private Limited reported revenue of ₹28,735 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA fell 101% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹24,632 | ||||
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| Net Profit (PAT) | -₹57.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -85.7% | ||||
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To see the full financial statements and ratios of Ajar Enterprises Private Limited, buy the company report.
Board of directors of Ajar Enterprises Private Limited
Ajar Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girdhar Gokuldas Maheshwari | Director | 04 Sep 2007 | 19 Years 1 Months | Current |
| Ashok Nawal Also directs: Novitate Partners LLP, Divyajyot Mercantile LLP, Sharayu Mercantile Private Limited and 5 more | Director | 24 Jan 1994 | 32 Years 9 Months | Current |
Auditor
Ajar Enterprises Private Limited is audited by RASHMIKANTAMBALALKUVADIA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RASHMIKANTAMBALALKUVADIA | FY 2022 | 040087 |
Shareholding
The shareholding of Ajar Enterprises Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajar Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2016 | 100206033 | Others | ₹12 Cr | Satisfied | |
| 24 Jun 2008 | 10113902 | Allahabad Bank | ₹3 Cr | Satisfied | |
| 31 Oct 2007 | 10075750 | Excellent Co-Op. Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Ajar Enterprises Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ajar Enterprises Private Limited has 29 court cases on record: 20 filed by Ajar Enterprises, 9 filed against it. 1 case is pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 6 | 0 |
| Supreme Court | 8 | 3 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1900-Three Judges Bench Matter) | Filed against the company by Torrent Power Aec Ltd. Originally Ahmedabad Electricity Co.Ltd Having Its Registered Oofice at Torrent House,Off Ashram Road, , District: Ahmedabad ,Ahmedabad , Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against O.L. of Raipur Manufacturing Co. Ltd. and 11 others | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against O.L. of Mahendra Mills Ltd. and 8 others | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against O.L. of Shree Ambica Mills Ltd and 12 others | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against I.C.I.C.I. Bank Ltd. and 2 others | Disposed |
To see the full case history of Ajar Enterprises 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 Ajar Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ajar Enterprises has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8978L2ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajar Enterprises Private Limited, buy the company report.
Recent activity
Ajar Enterprises Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Vasudev Vrundavan Tiwari ceased to be Director on 15 Dec 2021.
2 earlier events are in the company report.
Frequently asked questions
Ajar Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 January 1994 (32+ years old) and is registered under CIN U51900MH1994PTC076210.
Ajar Enterprises has 2 current directors:
- Girdhar Gokuldas Maheshwari - Director
- Ashok Nawal - Director
The latest financial statements of Ajar Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ajar Enterprises is 27AACCA8978L2ZX, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ajar Enterprises is U51900MH1994PTC076210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajar Enterprises has 29 court cases on record: 20 filed by the company and 9 filed against it. 1 is pending. Most are in the high courts.
Ajar Enterprises was incorporated on 24 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Vasudev Vrundavan Tiwari ceased to be Director on 15 Dec 2021. Rajeevlochan Kabra Krishnagopal ceased to be Director on 17 Sep 2007. Girdhar Gokuldas Maheshwari was appointed as Director on 04 Sep 2007. Ajar Enterprises has 4 board changes on record in total.
The registered office of Ajar Enterprises is at Manu Mansion 3rd Floors B Road Fort, Mumbai, Maharashtra, India – 400001.
Ajar Enterprises operates in the financial services industry, in the diversified financial services segment.