Ajel Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L67120MH1994PLC076637 Incorporated 17 February 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 530713 Public Limited Company financial services
Data last updated
Revenue · FY 2023
₹8.14 Cr
▲ 96.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.65 Cr
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Last financials
Mar 2024
Balance sheet date

About Ajel Limited

Data last updated: 13 July 2026

Ajel Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 17 February 1994, the company has been in operation for over 32 years.

Registered with ROC Mumbai under CIN L67120MH1994PLC076637. Listed on BSE: 530713.

Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.65 Cr. Formerly known as Choksh Infotech Limited and Choksh Securities Company Limited. It is led by directors including Srinivasa Reddy Arikatla and Harshana Antharaji.

Last AGM: 24 January 2025. Financial statements filed for year ended 31 March 2024. Office: 106 2Nd Floor Mahadashopping Compelx New Link Rd Jogeshwari, Mumbai, Maharashtra, India – 400102.

As per the financials filed for FY 2023, the company reported a revenue of ₹8.14 Cr, a growth of 96% compared to the previous year.

Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Ajel. As per MCA filings, the company has open charges of ₹5 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajel.in.

Company Details of Ajel Limited
CIN L67120MH1994PLC076637
Registration Number 076637
Incorporation Date 17 February 1994
ROC Mumbai
Listing Status Listed (BSE: 530713)
Company Status Active
Date of Last AGM 24 January 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    106 2Nd Floor Mahadashopping Compelx New Link Rd Jogeshwari, Mumbai, Maharashtra, India – 400102
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC
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Financials, compliance, directors, charges, ownership and filings for Ajel Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Ajel Limited

Ajel Limited has undergone 3 name changes throughout its history. The company was previously known as Choksh Infotech Limited, Choksh Securities Company Limited, and Ajel Infotech Limited. The current legal name is Ajel Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Ajel Limited Current
Choksh Infotech Limited Previous
Choksh Securities Company Limited Previous
Ajel Infotech Limited Previous

CIN History of Ajel Limited

Ajel Limited has one previous CIN (Corporate Identification Number): U67120MH1994PLC076637. The current CIN is L67120MH1994PLC076637, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L67120MH1994PLC076637 Current
U67120MH1994PLC076637 Previous

Associated Brands with Ajel Limited

Ajel Limited operates one associated brand: Ajel. These brands represent Ajel Limited's diversified market presence and brand portfolio.

Brand Description Website
Ajel is recognized for providing IT services and solutions globally. ajel.com

Competitors & Alternatives of Ajel Limited

Brands and companies operating in the same space as Ajel Limited include Happiest Minds, Mavenir, GirnarSOFT and 6 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services. Richardson, United States, United States 2005
GirnarSOFT GirnarSOFT Provider of website, web & mobile application development, BI, and digital marketing services Jaipur, India, India 2007
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions. London, United Kingdom, United Kingdom 2000
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Ajel Limited

Ajel Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J8 Other information & communication service activities Locked
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Business activity turnover details for Ajel Limited

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Auditor Details of Ajel Limited

Ajel Limited is audited by Ramesh Athasniya & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Ramesh Athasniya & Co Locked Locked Locked
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Complete auditor history for Ajel Limited

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Board of Directors of Ajel Limited

Ajel Limited is currently managed by 7 directors, with 38 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Srinivasa Reddy Arikatla Managing Director 14 Jul 2008 18 Years 1 Months Current
Harshana Antharaji Whole-Time Director 14 Mar 2016 10 Years 5 Months Current
Ramarao Madasu Director 11 Nov 2022 3 Years 9 Months Current
Vuppuluri Lakshmi Narayan Additional Director 20 Nov 2025 0 Years 8 Months Current
Kanteti Usha Rani Additional Director 20 Nov 2025 0 Years 8 Months Current
Venkata Satyanarayana Reddy Chintakuntla Director 10 Jul 2023 3 Years 1 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Ajel Limited FY 2024 filings available

Ajel Limited reported revenue of ₹8.14 Cr (up 96.00% YoY) for FY 2023.

Revenue · FY 2023
₹8.14 Cr ▲ 96.00%
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Ten-year financial statements for Ajel Limited

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Ownership and Shareholding of Ajel Limited

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Group Structure of Ajel Limited

Ajel Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Ajel Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Ajel Technologies India Private Limited U72200TG2003PTC041332 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Ajel Limited

Open charges
₹5 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹5.00 Cr
Latest charge details
DateLenderAmountStatus
14 Jul 2023 Others ₹5 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Ajel Limited

Ajel Limited has a workforce of 0 employees as of Apr 07, 2024.

Active EPFO establishments
1
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Employee and EPFO history for Ajel Limited

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GST Compliance of Ajel Limited

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GST registrations and filing compliance for Ajel Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ajel Limited

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Credit ratings, litigation, and regulatory alerts for Ajel Limited

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MSME Payment Delays by Ajel Limited

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MSME payment history for Ajel Limited

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Subsidiaries & Group Companies of Ajel Limited

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Corporate group structure for Ajel Limited

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MCA Filings & Documents of Ajel Limited

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MCA filings and documents for Ajel Limited

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Recent Activity on Ajel Limited

Directors
27 Mar 2026
Lourthuraj Mariya Sharivn Jeffrzy was appointed as a Additional Director on 27 Mar 2026 & has been associated with this company since 4 months 24 days.
Directors
20 Nov 2025
Vuppuluri Lakshmi Narayan was appointed as a Additional Director on 20 Nov 2025 & has been associated with this company since 8 months 28 days.
Directors
20 Nov 2025
Kanteti Usha Rani was appointed as a Additional Director on 20 Nov 2025 & has been associated with this company since 8 months 28 days.
Directors
03 Apr 2025
Sneha Chandak was appointed as a Company Secretary on 03 Apr 2025 & has been associated with this company since 1 year 4 months.
Activity
24 Jan 2025
Ajel Limited last Annual general meeting of members was held on 24 Jan 2025 as per latest MCA records.
Activity
31 Mar 2024
Ajel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.

Frequently Asked Questions about Ajel Limited

Ajel Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 17 February 1994 (32+ years old) and is registered under CIN L67120MH1994PLC076637. Listed on BSE: 530713.

Ajel Limited reported revenue of ₹8.14 Cr for FY 2023 (up 96.00% YoY).

The current directors of Ajel Limited are:

The primary industry of Ajel Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.

Yes. Ajel Limited is listed on BSE with code 530713.

Ajel Limited can be reached at the registered office: 106 2Nd Floor Mahadashopping Compelx New Link Rd Jogeshwari, Mumbai, Maharashtra, India – 400102, or through the website ajel.in.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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