Ajmera Associates Limited - Company Profile

Q: Who are the current directors of Ajmera Associates Limited?

The current directors of Ajmera Associates Limited are Ashish Kishor Ajmera, Divyam Jiten Ajmera, Manish Kishore Ajmera.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2001.

2001 Mumbai, Maharashtra, India Active

Last Updated: February 11, 2026

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About Ajmera Associates Limited

Ajmera Associates Limited, a active public limited company, was established on 11 December 2001 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U67120MH2001PLC134203. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹6.11 Cr.

Formerly known as Ajmera Associates Private Limited. It upholds a compliant status. Its leadership includes Ashish Kishor Ajmera (Director), Divyam Jiten Ajmera (Director), Manish Kishore Ajmera (Managing Director). Past directors included Jiten Kishor Ajmera, Jagrati Kasturi, Charmi Jasmin Ajmera. It holds ₹256.05 Cr open charges and ₹17.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Ajmera House, 4Th Floor, Pathakwadi,, Mumbai, Maharashtra, 400002.

Company Details

CIN/LLPIN
U67120MH2001PLC134203
Registration Number
134203
Incorporation Date
11 December 2001
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹6.11 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 11-02-2026
Paid Up Capital ₹ 6.11 Cr as on 11-02-2026
Company Age 24 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 256.05 Cr as on 11-02-2026
Satisfied Charges ₹ 17.50 Cr as on 11-02-2026
Revenue Growth **** -2.93% (FY 2024)
Profit Growth **** -62.50% (FY 2024)
Ebitda **** -70.98% (FY 2024)
Net Worth 5.31% (FY 2024)
Total Assets **** 33.47% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Ajmera Associates 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 Ajmera Associates Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashish Kishor Ajmera	Director	01 Apr 2008	Current
Divyam Jiten Ajmera	Director	02 Feb 2023	Current
Manish Kishore Ajmera	Managing Director	11 Dec 2001	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	28 Apr 2017	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	28 Sep 2017	Past
Pramod Abcsdd	Whole-Time Director	31 Dec 2009	Past
Pramod Abcsdd	Director	28 Apr 2017	Past

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Financial Performance of Ajmera Associates.

Ajmera Associates Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 2.93% decrease. The company also saw a substantial fall in profitability, with a 62.5% decrease in profit. The company's net worth moved up by a moderate rise of 5.31%.

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

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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

********

-2.93%

*******

Revenue from Operations

*******

-1.35%

*******

Total Assets

*******

33.47%

*******

Profit or Loss

*******

-62.50%

*******

Net Worth

*******

5.31%

*******

EBITDA

*******

-70.98%

*******

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What is the Ownership and Shareholding Structure of Ajmera Associates?

In 2024, Ajmera Associates had a promoter holding of 53.53% and a public holding of 46.46%. 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)

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

₹2,560,500,000.00

Satisfied Charges

₹175,000,000.00

Charges Breakdown by Lending Institutions

Others : 198.00 Cr
Axis Bank Limited : 45.05 Cr
Bank Of India : 13.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 May 2025	Others	₹20.00 Cr	Open
13 Mar 2024	Bank Of India	₹13.00 Cr	Open
11 Jan 2024	Others	₹75.00 Cr	Open
23 May 2023	Others	₹13.00 Cr	Open
27 Oct 2022	Axis Bank Limited	₹45.05 Cr	Open

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How Many Employees Work at Ajmera Associates?

Unlock and access historical data on people associated with Ajmera Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ajmera Associates, 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 Ajmera Associates's trajectory.

Rating

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Alerts

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 Ajmera Associates

Recent Activity within the Organization

Charges

A charge with Others of Rs. 75.00 Cr registered on 11 Jan 2024 with Charge ID 100859003 was modified on 21 Nov 2025. was recorded as a recent event.
21 Nov 2025
Charges

Progress on A charge with Others of Rs. 60.00 Cr registered on 20 Jul 2022 with Charge ID 100596383 was modified on 30 Sep 2025. was documented.
30 Sep 2025
Annual General Meeting

Progress on Ajmera Associates Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101108150 was registered on 17 May 2025. was recorded as a recent event.
17 May 2025
Balance Sheet

Progress on Ajmera Associates Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Charges

The activity A charge registered on 19 May 2022 via Charge ID 100602765 with Others was fully satisfied on 17 Feb 2025. was completed.
17 Feb 2025

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