MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-25-0004368
Ajit Coatings Private Limited - engineering in Tumkur, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.38 Cr
▲ 16% YoY
Net profit · FY 2025
₹2.1 Cr
Net margin 6.3%
EBITDA · FY 2025
₹3.69 Cr
EBITDA margin 11.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹3.53 Cr
Satisfied ₹3.06 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
41
Provident fund records
About Ajit Coatings Private Limited
Data last updated:
Ajit Coatings Private Limited is a private limited company based in Tumkur, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 22 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28920KA2006PTC038565. Its GSTIN is 29AAFCA8182M1Z1 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Bingera Parameshwarappa Shanmukha and Kavitha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No B2/B7 Hirehalli Industrial Area NH – 4 Hirehalli Post, Tumkur, Karnataka, India – 572168.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.38 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 6.3%) and EBITDA of ₹3.69 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ajit Coatings. As per MCA filings, the company has open charges of ₹3.53 Cr and satisfied charges of ₹3.06 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 3 cases are pending.
Ajit Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0004368). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajitcoatings.com.
Company details
CIN U28920KA2006PTC038565
Registration Number 038565
Incorporation Date 22 February 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-25-0004368
Recognitions & Rankings of Ajit Coatings
Contact details
Ajit Coatings Private Limited's registered office is in Tumkur, Karnataka. Its website is ajitcoatings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo B2/B7 Hirehalli Industrial Area NH – 4 Hirehalli Post, Tumkur, Karnataka, India – 572168
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Ajit Coatings Private Limited, buy the company report.
Comprehensive company report
Ajit Coatings 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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Secure checkout · GST invoice included
Brands
Ajit Coatings operates one associated brand: Ajit Coatings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aluminium surface treatment services including wood effect, powder coating, and anodizing in India. | ajitcoatings.com |
Business activity
The main business activities of Ajit Coatings are manufacturing and support service to organizations. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ajit Coatings Private Limited, buy the company report.
Financials of Ajit Coatings Private Limited
FY 2025 filings availableAjit Coatings Private Limited reported revenue of ₹33.38 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹33.38 Cr ▲ 16%
Net profit · FY 2025
₹2.1 Cr margin 6.3%
EBITDA · FY 2025
₹3.69 Cr margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 16% growth in the latest year. EBITDA rose 24% 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 | ₹3.69 Cr | ||||
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| Net Profit (PAT) | ₹2.1 Cr | ||||
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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 | 11.1% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ajit Coatings Private Limited, buy the company report.
Board of directors of Ajit Coatings Private Limited
Ajit Coatings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bingera Parameshwarappa Shanmukha Also directs: Anugraha Shelters Private Limited, Ajit Glafa India Private Limited, Ajit Windows Private Limited and 1 more | Director | 22 Feb 2006 | 20 Years 8 Months | Current |
| Kavitha | Director | 30 Mar 2014 | 12 Years 6 Months | Current |
Auditor
Ajit Coatings Private Limited is audited by HAREESH & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAREESH & CO | FY 2024 | 011719S |
Shareholding
The shareholding of Ajit Coatings Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajit Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.53 Cr
Satisfied charges
₹3.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2023 | 100896777 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 09 Dec 2022 | 100660798 | Canara Bank | ₹18.7 Lakh | Open | |
| 31 Mar 2021 | 100447787 | Hdfc Bank Limited | ₹34 Lakh | Open | |
| 12 Jun 2007 | 10059111 | Canara Bank | ₹2.66 Cr | Satisfied | |
| 17 Aug 2006 | 10014341 | Karnataka State Financial Corporation | ₹40 Lakh | Satisfied |
To see the full charge records of Ajit Coatings Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ajit Coatings Private Limited has 14 court cases on record: 9 filed by Ajit Coatings, 5 filed against it. 3 cases are pending and 11 are disposed.
Total cases
14
Filed by the company
9
Filed against the company
5
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 3 | 1 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by an individual | Pending |
| High Court | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Ajit Coatings 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 Ajit Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajit Coatings Private Limited has a workforce of 41 employees on its EPFO records as of Feb 07, 2025, across 1 active EPFO establishment.
Employee count
41
Active EPFO establishments
1
GST
Ajit Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA8182M1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajit Coatings Private Limited, buy the company report.
Recent activity
Ajit Coatings Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Manjunath Mangajji Basavarajappa ceased to be Additional Director on 30 Sep 2022.
AGM
Ajit Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ajit Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 04 Oct 2023 with Charge ID 100896777 was modified on 22 May 2024.
Charges
A charge registered on 12 Jun 2007 via Charge ID 10059111 with Canara Bank was fully satisfied on 17 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100896777 was registered on 04 Oct 2023.
Charges
A charge with Canara Bank amounted to Rs. 18.70 Lakh with Charge ID 100660798 was registered on 09 Dec 2022.
Ceased
Manjunath Mangajji Basavarajappa ceased to be Additional Director.
Appointed
Manjunath Mangajji Basavarajappa was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.00 Lakh with Charge ID 100447787 was registered on 31 Mar 2021.
Charges
A charge with Canara Bank of Rs. 265.50 Lakh registered on 12 Jun 2007 with Charge ID 10059111 was modified on 10 Dec 2015.
Ceased
Umanatha Shamaraya Shetty ceased to be Managing Director.
Appointed
Kavitha was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Ajit Coatings is an active private limited company based in Tumkur, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 22 February 2006 (20+ years old) and is registered under CIN U28920KA2006PTC038565.
Ajit Coatings has 2 current directors:
- Bingera Parameshwarappa Shanmukha - Director
- Kavitha - Director
The latest financial statements of Ajit Coatings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ajit Coatings is 29AAFCA8182M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Ajit Coatings is U28920KA2006PTC038565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajit Coatings has 14 court cases on record: 9 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Ajit Coatings was incorporated on 22 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Manjunath Mangajji Basavarajappa ceased to be Additional Director on 30 Sep 2022. Manjunath Mangajji Basavarajappa was appointed as Director on 20 Apr 2022. Umanatha Shamaraya Shetty ceased to be Managing Director on 31 Mar 2014. Ajit Coatings has 6 board changes on record in total.
Yes, Ajit Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-KR-25-0004368).
Ajit Coatings can be reached through the website ajitcoatings.com. Its registered office is in Tumkur, Karnataka, India.