MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-03-0001366
Ajay Industrial Polymers Private Limited - agriculture in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.97 Cr
▲ 163% YoY
Net loss · FY 2025
₹2.07 Cr
Net margin -29.7%
EBITDA · FY 2025
₹84.6 Lakh
EBITDA margin 12.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.32 Cr
Issued & subscribed
Open charges
₹75.32 Cr
Satisfied ₹6.25 Cr
Company age
44 yrs
Est. 1982
Directors on board
3
As per MCA filings
About Ajay Industrial Polymers Private Limited
Data last updated:
Ajay Industrial Polymers Private Limited is a private limited company based in Delhi, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 19 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1982PTC014531. Its GSTIN is 07AADCA9068N1Z4 (Delhi). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.32 Cr. It was formerly known as Ajay Industrial Corporation Pvt Ltd and Ajay Industrial Poly Private Limited. It is led by directors including Rajeev Jain and Nitin Jain.
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 70 Okhla Industrial Estate Phase – 3, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.07 Cr (net margin -29.7%) and EBITDA of ₹84.6 Lakh (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹75.32 Cr and satisfied charges of ₹6.25 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 5 cases are pending.
Ajay Industrial Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0001366). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajayindustrialpolymers.com.
Company details
CIN U74899DL1982PTC014531
Registration Number 014531
Incorporation Date 19 October 1982
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-03-0001366
Name history
Ajay Industrial Polymers has undergone 2 name changes throughout its history. The company was previously known as Ajay Industrial Corporation Pvt Ltd, and Ajay Industrial Poly Private Limited. The current legal name is Ajay Industrial Polymers Private Limited.
| Company Name | Status |
|---|---|
| Ajay Industrial Polymers Private Limited | Current |
| Ajay Industrial Corporation Pvt Ltd | Previous |
| Ajay Industrial Poly Private Limited | Previous |
Recognitions & Rankings of Ajay Industrial Polymers
Contact details
Ajay Industrial Polymers Private Limited's registered office is in Delhi, Delhi. Its website is ajayindustrialpolymers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address70 Okhla Industrial Estate Phase – 3, Delhi, India – 110020
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Ajay Industrial Polymers Private Limited, buy the company report.
Comprehensive company report
Ajay Industrial Polymers 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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Business activity
The main business activity of Ajay Industrial Polymers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ajay Industrial Polymers Private Limited, buy the company report.
Financials of Ajay Industrial Polymers Private Limited
FY 2025 filings availableAjay Industrial Polymers Private Limited reported revenue of ₹6.97 Cr (up 163% YoY) for FY 2025.
Revenue · FY 2025
₹6.97 Cr ▲ 163%
Net loss · FY 2025
₹2.07 Cr margin -29.7%
EBITDA · FY 2025
₹84.6 Lakh margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 163%
3 years · compounded
▲ 138%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 385%
3 years · compounded
▲ 161%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 163% growth in the latest year. EBITDA rose 385% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹84.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.07 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | -29.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ajay Industrial Polymers Private Limited, buy the company report.
Board of directors of Ajay Industrial Polymers Private Limited
Ajay Industrial Polymers has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Jain Also directs: Encraft India Private Limited, Enczo India Private Limited, GLJ Realty Private Limited and 2 more | Director | 24 Apr 2013 | 13 Years 6 Months | Current |
| Nitin Jain Also directs: Encraft India Private Limited, Magnetix Innovations India Private Limited, Enczo India Private Limited and 3 more | Director | 13 Aug 2007 | 19 Years 2 Months | Current |
| Bina Jain Also directs: Encraft India Private Limited, Enczo India Private Limited, GLJ Realty Private Limited and 2 more | Director | 01 Apr 2018 | 8 Years 7 Months | Current |
Auditor
Ajay Industrial Polymers Private Limited is audited by S G R & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G R & ASSOCIATES | FY 2023 | 022767N |
Shareholding
The shareholding of Ajay Industrial Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajay Industrial Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75.32 Cr
Satisfied charges
₹6.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101183001 | Citi Bank N.A. | ₹25 Cr | Open | |
| 09 Jun 2021 | 100466737 | Others | ₹49.32 Cr | Open | |
| 25 Oct 2017 | 100134155 | Others | ₹1 Cr | Open | |
| 09 Jun 2021 | 100466736 | Others | ₹3.35 Cr | Satisfied | |
| 05 Feb 2021 | 100417888 | Others | ₹2.9 Cr | Satisfied |
To see the full charge records of Ajay Industrial Polymers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ajay Industrial Polymers Private Limited has 12 court cases on record: 10 filed by Ajay Industrial Polymers, 2 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
10
Filed against the company
2
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 5 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Singer India Ltd | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Vachraj Irrigation Limited and 1 other | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Ajay Industrial Polymers 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 Ajay Industrial Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ajay Industrial Polymers has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCA9068N1Z4 | Delhi | Active | 01 Jul 2017 |
| 06AADCA9068N1Z6 | Haryana | Active | 01 Jul 2017 |
| 09AADCA9068N1Z0 | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AADCA9068N1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajay Industrial Polymers Private Limited, buy the company report.
Recent activity
Ajay Industrial Polymers Private Limited has 25 board changes on record since 1998: 14 appointments and 11 cessations. The latest: Avanish Singh Visen ceased to be Director on 02 Aug 2024.
AGM
Ajay Industrial Polymers Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Citi Bank N.A. amounted to Rs. 25.00 Cr with Charge ID 101183001 was registered on 25 Sep 2025.
Charges
A charge registered on 09 Jun 2021 via Charge ID 100466736 with Others was fully satisfied on 26 Aug 2025.
Charges
A charge registered on 05 Feb 2021 via Charge ID 100417888 with Others was fully satisfied on 26 Aug 2025.
Charges
A charge with Others of Rs. 49.32 Cr registered on 09 Jun 2021 with Charge ID 100466737 was modified on 12 Aug 2025.
Filing
Ajay Industrial Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Others of Rs. 1.00 Cr registered on 25 Oct 2017 with Charge ID 100134155 was modified on 13 Dec 2024.
Ceased
Avanish Singh Visen ceased to be Director.
Ceased
Meena Gupta ceased to be Company Secretary.
Charges
A charge with Others amounted to Rs. 3.35 Cr with Charge ID 100466736 was registered on 09 Jun 2021.
Charges
A charge with Others amounted to Rs. 49.32 Cr with Charge ID 100466737 was registered on 09 Jun 2021.
Charges
A charge with Others of Rs. 2.90 Cr registered on 05 Feb 2021 with Charge ID 100417888 was modified on 09 Jun 2021.
26 earlier events are in the company report.
Frequently asked questions
Ajay Industrial Polymers is an active private limited company based in Delhi, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 19 October 1982 (44+ years old) and is registered under CIN U74899DL1982PTC014531.
Ajay Industrial Polymers has 3 current directors:
- Rajeev Jain - Director
- Nitin Jain - Director
- Bina Jain - Director
The latest financial statements of Ajay Industrial Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ajay Industrial Polymers is 07AADCA9068N1Z4, registered in Delhi. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 06AADCA9068N1Z6 (Haryana), 09AADCA9068N1Z0 (Uttar Pradesh), 24AADCA9068N1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Ajay Industrial Polymers is U74899DL1982PTC014531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajay Industrial Polymers has 12 court cases on record: 10 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Ajay Industrial Polymers was incorporated on 19 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
Avanish Singh Visen ceased to be Director on 02 Aug 2024. Meena Gupta ceased to be Company Secretary on 30 Apr 2024. Avanish Singh Visen was appointed as Director on 04 Jun 2021. Ajay Industrial Polymers has 25 board changes on record in total.
Yes, Ajay Industrial Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-03-0001366).
Ajay Industrial Polymers can be reached through the website ajayindustrialpolymers.com. Its registered office is in Delhi, India.
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