Ajel Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1994.
1994 Mumbai, Maharashtra, India Active
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About Ajel Limited

Ajel Limited, a active public limited company, was established on 17 February 1994 in Mumbai, Maharashtra, India. Engaging in nbfc within the information and communication sector, it holds CIN: L67120MH1994PLC076637. Registered under ROC Roc Mumbai I. it is listed on BSE: 530713. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹11.65 Cr.

Formerly known as Choksh Infotech Limited, Choksh Securities Company Limited. It upholds a compliant status. In 2023, it reported revenue of ₹3.18 Cr and a net worth of ₹14.69 Cr. Its leadership includes Ashrith Reddy Gireddy (Director), Venkata Satyanarayana Reddy Chintakuntla (Director), Harshana Antharaji (Cfo). Past directors included Darshan Dhrupad Majmudar, Ashrith Reddy Gireddy, Mahender Reddy Musuku. It holds ₹5.00 Cr open charges and no settled loans. Its latest AGM occurred on 04 August 2023, with the balance sheet filed on 31 March 2023. It is based at 106 2Nd Floor Mahadashopping Compelx New Link Rd Jogeshwari, Mumbai, Maharashtra, 400102.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L67120MH1994PLC076637

  • Registration Number

    076637

  • Incorporation Date

    17 February 1994

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹11.65 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Listed (BSE: 530713)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.65 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth **** 44.95%
  • Profit Growth **** 195.24%
  • Ebitda **** -192.93%
  • Net Worth 1.78%
  • Total Assets **** 4.14%
Company report

Ajel Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ajel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ajel Limited?
Current Directors
Name Designation Appointment Date Status
Ashrith Reddy Gireddy Director 05 May 2022 Current
Venkata Satyanarayana Reddy Chintakuntla Director 10 Jul 2023 Current
Harshana Antharaji Cfo 21 Oct 2023 Current
Rama Rao Madasu Director 11 Nov 2022 Current
Srinivasa Reddy Arikatla Managing Director 14 Jul 2008 Current
Kanteti Usha Rani Additional Director 20 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Oct 2014 Past
Pramod Abcsdd Additional Director 26 Sep 2022 Past
Pramod Abcsdd Director 25 Sep 2014 Past
Pramod Abcsdd Company Secretary 15 Nov 2013 Past
Pramod Abcsdd Director 16 Mar 2019 Past
Pramod Abcsdd Director 29 Aug 2012 Past

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Financial Performance of Ajel.

Ajel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.95% increase. The company also saw a substantial improvement in profitability, with a 195.24% increase in profit. The company's net worth moved up by a moderate rise of 1.78%.

Ajel revenue growth over time
Ajel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 44.95%
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*******
Revenue from Operations
*******
 44.92%
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*******
*******
*******
Total Assets
*******
 4.14%
*******
*******
*******
*******
Profit or Loss
*******
 195.24%
*******
*******
*******
*******
Net Worth
*******
 1.78%
*******
*******
*******
*******
EBITDA
*******
 -192.93%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ajel?

In 2023, Ajel had a promoter holding of 49.87% and a public holding of 50.13%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹50,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
14 Jul 2023 Others ₹5.00 Cr Open

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How Many Employees Work at Ajel?

Ajel has a workforce of 0 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ajel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ajel's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ajel
Recent Activity within the Organization
  • Director Appointment

    The activity Kanteti Usha Rani was appointed as a Additional Director was appointed as a Additional Director on 20 Nov 2025 & has been associated with this company since 4 months 8 days . was completed.

  • Director Appointment

    The activity Vuppuluri Lakshmi Narayan was appointed as a Additional Director was appointed as a Additional Director on 20 Nov 2025 & has been associated with this company since 4 months 8 days . was completed.

  • Director Appointment

    Sneha Chandak was appointed as a Company Secretary was appointed as a Company Secretary on 03 Apr 2025 & has been associated with this company since 11 months 25 days . was recorded as a recent event.

  • Director Appointment

    Progress on Harshana Antharaji was appointed as a Cfo was appointed as a Cfo on 20 Jan 2024 & has been associated with this company since 2 years 2 months . was documented.

  • Director Appointment

    The activity Harshana Antharaji was appointed as a CFO was appointed as a CFO on 21 Oct 2023 & has been associated with this company since 2 years 5 months . was completed.

  • Annual General Meeting

    Progress on Ajel Limited last Annual general meeting of members was held on 04 Aug 2023 as per latest MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Ajel Limited?

The CIN of Ajel Limited is L67120MH1994PLC076637.

Where is Ajel Limited headquartered?

Ajel Limited is headquartered at 106 2Nd Floor Mahadashopping Compelx New Link Rd Jogeshwari, Mumbai, Maharashtra, 400102.

When was Ajel Limited incorporated?

Ajel Limited was incorporated on 17 February 1994.

Who are the current directors of Ajel Limited?

The current directors of Ajel Limited are

What is the primary industry of Ajel Limited?

The primary industry of Ajel Limited is Information And Communication.

Is Ajel Limited a listed company?

Ajel Limited is listed. It is listed on BSE: 530713.

What is the capital structure of Ajel Limited?

The authorized capital of Ajel Limited is ₹12.00 Cr, and the paid-up capital is ₹11.65 Cr.

What is the compliance status of Ajel Limited?

The compliance status of Ajel Limited is Compliant.

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