MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0104159
Ajit India Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.91 Cr
Latest filing
Net loss · FY 2023
₹8.83 Cr
Net margin -303.2%
EBITDA · FY 2023
-₹6.36 Cr
EBITDA margin -218.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹1.06 Cr
Satisfied ₹60.89 Cr
Company age
78 yrs
Est. 1948
Employees · EPFO
1
Provident fund records
About Ajit India Private Limited
Data last updated:
Ajit India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 30 August 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65190MH1948PTC006515. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It was formerly known as Ajit India Limited. It is led by directors including Sushan Mohandas Shetty and Umanatha Shamaraya Shetty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. B – 21/24 Road No.16 MIDC Industrial Area Wagle Estate, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.91 Cr. For the same year it recorded a net loss of ₹8.83 Cr (net margin -303.2%) and EBITDA of -₹6.36 Cr (EBITDA margin -218.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 29% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.06 Cr and satisfied charges of ₹60.89 Cr on record. Court records list 36 cases involving the company, including 18 filed by the company and 18 filed against it; 6 cases are pending.
Ajit India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0104159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajitindia.co.in.
Company details
CIN U65190MH1948PTC006515
Registration Number 006515
Incorporation Date 30 August 1948
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0104159
Key People
Sushan Mohandas Shetty Director Umanatha Shamaraya Shetty Director Jayalaxmi Umanath Shetty Additional Director Recognitions & Rankings of Ajit India
Contact details
Ajit India Private Limited's registered office is in Thane, Maharashtra. Its website is ajitindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. B – 21/24 Road No.16 MIDC Industrial Area Wagle Estate, Thane, Maharashtra, India – 400602
- IndustryManufacturing, Construction Materials
To see the full contact details of Ajit India Private Limited, buy the company report.
Comprehensive company report
Ajit India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Ajit India Private Limited
FY 2023 filings availableAjit India Private Limited reported revenue of ₹2.91 Cr for FY 2023.
Revenue · FY 2023
₹2.91 Cr
Net loss · FY 2023
₹8.83 Cr margin -303.2%
EBITDA · FY 2023
-₹6.36 Cr margin -218.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 31%
5 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.83 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -218.5% | ||||
| Net Profit Margin | -303.2% | ||||
| 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 Ajit India Private Limited, buy the company report.
Board of directors of Ajit India Private Limited
Ajit India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushan Mohandas Shetty | Director | 21 Jul 2021 | 5 Years 3 Months | Current |
| Umanatha Shamaraya Shetty Also directs: Aumsai Coating Private Limited, Ajit Aesthetics LLP, Ajit India (Calcutta) Pvt Ltd and 2 more | Director | 19 Aug 2006 | 20 Years 2 Months | Current |
| Jayalaxmi Umanath Shetty Also directs: Aumsai Coating Private Limited | Additional Director | 01 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Ajit India Private Limited is audited by ASHOK SHETTY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK SHETTY & CO. | FY 2023 | 117134W |
Shareholding
The shareholding of Ajit India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajit India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.06 Cr
Satisfied charges
₹60.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 1994 | 90218998 | State Bank of India | ₹83 Lakh | Open | |
| 22 Sep 1972 | 90219239 | State Bank of India | ₹3.1 Lakh | Open | |
| 05 Jul 1972 | 90219233 | State Bank of India | ₹3.25 Lakh | Open | |
| 05 May 1972 | 90219230 | State Bank of India | ₹10 Lakh | Open | |
| 07 Jul 1971 | 90216523 | State Bank of India | ₹2.15 Lakh | Open |
To see the full charge records of Ajit India Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
Ajit India Private Limited has 36 court cases on record: 18 filed by Ajit India, 18 filed against it. 6 cases are pending and 30 are disposed.
Total cases
36
Filed by the company
18
Filed against the company
18
Pending
6
Disposed
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 15 | 6 |
| High courts | 5 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/S. Alumilite Architecturals Pvt. Ltd. and 4 and 4 others | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Fuso Glass India Pvt Ltd | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Hilti India Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Patel Builders and Developers Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Patel Builders and Developers Ltd. | Disposed |
To see the full case history of Ajit India 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 India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajit India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-96.77%
GST
Ajit India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Ajit India Private Limited, buy the company report.
Recent activity
Ajit India Private Limited has 23 board changes on record since 2006: 13 appointments and 10 cessations. The latest: Jayalaxmi Umanath Shetty was appointed as Additional Director on 01 Jul 2022.
Charges
A charge registered on 09 May 2017 via Charge ID 100101842 with Others was fully satisfied on 01 Jul 2024.
Charges
A charge registered on 20 Mar 2021 via Charge ID 100439497 with Others was fully satisfied on 04 Jun 2024.
Charges
A charge registered on 26 Feb 2021 via Charge ID 100427288 with Others was fully satisfied on 04 Jun 2024.
Charges
A charge registered on 29 Jul 2017 via Charge ID 100118157 with Others was fully satisfied on 04 Jun 2024.
Charges
A charge registered on 17 May 2017 via Charge ID 100101847 with Others was fully satisfied on 04 Jun 2024.
Charges
A charge registered on 09 May 2017 via Charge ID 100101845 with Others was fully satisfied on 04 Jun 2024.
Charges
A charge registered on 09 May 2017 via Charge ID 100101848 with Others was fully satisfied on 04 Jun 2024.
AGM
Ajit India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ajit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Jayalaxmi Umanath Shetty was appointed as Additional Director.
Charges
A charge with Others of Rs. 4.23 Cr registered on 20 Mar 2021 with Charge ID 100439497 was modified on 18 Jun 2022.
Charges
A charge with Others of Rs. 13.72 Cr registered on 09 May 2017 with Charge ID 100101848 was modified on 18 Jun 2022.
83 earlier events are in the company report.
Frequently asked questions
Ajit India is an active private limited company based in Thane, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 30 August 1948 (78+ years old) and is registered under CIN U65190MH1948PTC006515.
Ajit India has 3 current directors:
- Sushan Mohandas Shetty - Director
- Umanatha Shamaraya Shetty - Director
- Jayalaxmi Umanath Shetty - Additional Director
The latest financial statements of Ajit India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Ajit India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ajit India is U65190MH1948PTC006515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajit India has 36 court cases on record: 18 filed by the company and 18 filed against it. 6 are pending. Most are in the district courts.
Ajit India was incorporated on 30 August 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
Jayalaxmi Umanath Shetty was appointed as Additional Director on 01 Jul 2022. Abhishek Ashokkumar Shetty ceased to be Director on 07 Jun 2022. Sushan Mohandas Shetty was appointed as Director on 21 Jul 2021. Ajit India has 23 board changes on record in total.
Yes, Ajit India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0104159).
Ajit India can be reached through the website ajitindia.co.in. Its registered office is in Thane, Maharashtra, India.