Ajay Overseas Private Limited
About Ajay Overseas Private Limited
Data last updated:
Ajay Overseas Private Limited was a private limited company based in Bhiwadi, Rajasthan, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 April 1984.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U51101RJ1984PTC002972. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.85 Cr. It was led by directors Hari Ram Sharma and Arvind Sharma.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Shop No. B – 6 Bhagat Singh Colony, Bhiwadi, Rajasthan, India – 301019.
As per the financials filed for FY 2021, the company reported a revenue of ₹32,093, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹30,819 (net margin 96%) and EBITDA of -₹1.38 Lakh (EBITDA margin -429.2%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 71% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹7.54 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
Company details
Contact details
Ajay Overseas Private Limited's registered office is in Bhiwadi, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. B – 6 Bhagat Singh Colony, Bhiwadi, Rajasthan, India – 301019
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ajay Overseas 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
Business activity
The main business activity of Ajay Overseas is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ajay Overseas Private Limited, buy the company report.
Financials of Ajay Overseas Private Limited
FY 2021 filings availableAjay Overseas Private Limited reported revenue of ₹32,093 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years. EBITDA fell 100% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹1.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30,819 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -429.2% | ||||
| Net Profit Margin | 96% | ||||
| 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 Ajay Overseas Private Limited, buy the company report.
Board of directors of Ajay Overseas Private Limited
Ajay Overseas 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 |
|---|---|---|---|---|
| Hari Ram Sharma | Director | 18 Apr 1984 | 42 Years 6 Months | As last reported |
| Arvind Sharma Also directs: Arvind Syntex Private Limited | Director | 15 Jan 2003 | 23 Years 9 Months | As last reported |
Auditor
Ajay Overseas Private Limited is audited by S SINGHAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SINGHAL & CO | FY 2020 | 001526C |
Shareholding
The shareholding of Ajay Overseas Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ajay Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2016 | 10619061 | State Bank of Bikaner & Jaipur | ₹3 Cr | Satisfied | |
| 13 Oct 2011 | 10312007 | State Bank of Bikaner and Jaipur | ₹1 Cr | Satisfied | |
| 07 Mar 2008 | 10099581 | State Bank of Bikaner & Jaipur | ₹25 Lakh | Satisfied | |
| 27 May 2006 | 10005003 | State Bank of Bikaner & Jaipur | ₹30 Lakh | Satisfied | |
| 26 May 2005 | 80043658 | State Bank of Bikaner and Jaipur | ₹75.64 Lakh | Satisfied |
To see the full charge records of Ajay Overseas Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ajay Overseas Private Limited has 8 court cases on record: 6 filed by Ajay Overseas, 2 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Jaipur | Court case (C.P.(CAA)) | Filed by the company against Arvind Syntex Private Limited | Disposed |
| High Court | Writ petition | Filed against the company by M/S Shri Balaji Enterprises | Pending |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed by the company against Shree Balaji Enterprises | Disposed |
| District court, Meerut, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Shree Balaji Enterprises | Disposed |
| High Court | Writ petition | Filed against the company by M/S Shri Balaji Enterprises | Disposed |
To see the full case history of Ajay Overseas 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 Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajay Overseas Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Ajay Overseas has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ajay Overseas Private Limited, buy the company report.
Recent activity
Ajay Overseas Private Limited has 4 board changes on record since 1984: 2 appointments and 2 cessations. The latest: Mata Deen Sharma ceased to be Director on 30 Nov 2013.
12 earlier events are in the company report.
Frequently asked questions
Ajay Overseas has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ajay Overseas was a private limited company based in Bhiwadi, Rajasthan, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 18 April 1984 and is registered under CIN U51101RJ1984PTC002972. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ajay Overseas was incorporated on 18 April 1984. It is registered with the Registrar of Companies, Jaipur.
Ajay Overseas had 2 directors:
- Hari Ram Sharma - Director
- Arvind Sharma - Director
The CIN (Corporate Identification Number) of Ajay Overseas is U51101RJ1984PTC002972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ajay Overseas is at Shop No. B – 6 Bhagat Singh Colony, Bhiwadi, Rajasthan, India – 301019.
The latest financial statements of Ajay Overseas on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Ajay Overseas has 1 GST registration on record and it is cancelled or inactive.
Ajay Overseas operated in the manufacturing industry, in the textile and fabric production segment.
Ajay Overseas has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
