Ajva Fintech Private Limited

Ajva Fintech Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74990MH2020PTC352350 Incorporated 22 December 2020 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹4.79 Cr
▲ 29% YoY
Net profit · FY 2025
₹76,221
Net margin 0.2%
EBITDA · FY 2025
₹4.31 Lakh
EBITDA margin 0.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹47.14 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
59
Provident fund records
Directors on board
4
As per MCA filings

About Ajva Fintech Private Limited

Data last updated:

Ajva Fintech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 22 December 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2020PTC352350. Its GSTIN is 27AAUCA5583F1Z6 (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹47.14 Lakh. It was formerly known as Ajva Business Solutions Private Limited. It is led by directors including Sushilkumar Jiwarajka and Rupesh Jain.

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 Office No 203 2nd Flr Sumer Kendra Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.79 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹76,221 (net margin 0.2%) and EBITDA of ₹4.31 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.

The company has about 59 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: AJVA and eMSME. Court records list 1 case involving the company, including 1 filed against it. The company has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.08 Cr; the latest was in August 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.

Ajva Fintech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0034031). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajvafin.com.

Company details

CIN U74990MH2020PTC352350
Registration Number 352350
Incorporation Date 22 December 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0034031
Key People
Sushilkumar Jiwarajka Director Rupesh Jain Director Roopak Jain Director

Recognitions & Rankings of Ajva Fintech

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0034031

Contact details

Ajva Fintech Private Limited's registered office is in Mumbai, Maharashtra. Its website is ajvafin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ajvafin.com
  • Social Media
  • Registered Address
    Office No 203 2nd Flr Sumer Kendra Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Business Outsourcing, Accounting and Financial Analysis

To see the full contact details of Ajva Fintech Private Limited, buy the company report.

Comprehensive company report
Ajva Fintech 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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Brands

Ajva Fintech operates two associated brands: AJVA and eMSME. Each brand links to its own profile.

BrandDescriptionWebsite
AJVA
Provider of tax and financial servicesajvafin.com
eMSME
Fintech services provider specializing in registration for small businesses and MSMEsemsme.com

Business activity

The main business activity of Ajva Fintech is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Ajva Fintech Private Limited, buy the company report.

Financials of Ajva Fintech Private Limited

FY 2025 filings available

Ajva Fintech Private Limited reported revenue of ₹4.79 Cr (up 29% YoY) for FY 2025.

Revenue · FY 2025
₹4.79 Cr ▲ 29%
Net profit · FY 2025
₹76,221 margin 0.2%
EBITDA · FY 2025
₹4.31 Lakh margin 0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 75% over three years, including 29% growth in the latest year. EBITDA rose 107% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹76,221
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.9%
Net Profit Margin0.2%
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 Ajva Fintech Private Limited, buy the company report.

Board of directors of Ajva Fintech Private Limited

Ajva Fintech has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sushilkumar Jiwarajka
Also directs: Artheon Estates LLP, LGS Enterprises LLP, Artheon Advisors LLP and 5 more
Director22 Feb 20224 Years 8 MonthsCurrent
Rupesh Jain
Also directs: Outsourcing Square LLP
Director06 Nov 20214 Years 11 MonthsCurrent
Roopak Jain
Also directs: S P A R K & Associates Chartered Accountants LLP
Director22 Dec 20205 Years 10 MonthsCurrent
Ankush Ramesh JainDirector06 Jul 20215 Years 3 MonthsCurrent
View all directors

Auditor

Ajva Fintech Private Limited is audited by Vivek K. Agarwal & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Vivek K. Agarwal & Co.FY 2022111445

Shareholding

The shareholding of Ajva Fintech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ajva Fintech Private Limited, buy the company report.

Deals & funding

Ajva Fintech Private Limited has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.08 Cr; the latest was in August 2022.

Total deals
7
Funding rounds
5
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹6.08 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Aug 2022Funding round₹1.2 CrInvestors: Paramatrix Technologies Private Limited, Sacred Odyssey Services Private Limited , Annapurna Apparels Limited
Nov 2021Funding round₹3.2 CrInvestors: 4 individuals
Oct 2021Funding round₹1.05 CrInvestors: 4 individuals
Jul 2021Rights issue₹13.6 LakhInvestors: Ankush Jain Huf, 3 individuals
Jul 2021Funding round₹9.3 LakhInvestors: 3 individuals

To see the full deal history of Ajva Fintech Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ajva Fintech Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Paramatrix Technologies Limited

To see the full MSME payment records of Ajva Fintech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Ajva Fintech has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Ajva Fintech Private Limited has a workforce of 59 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
59
Active EPFO establishments
1
Employee growth
13.46%

GST

Ajva Fintech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAUCA5583F1Z6MaharashtraActive26 Mar 2021

To see the full GST registrations and return filing status of Ajva Fintech Private Limited, buy the company report.

Recent activity

Ajva Fintech Private Limited has 10 board changes on record since 2020: 4 appointments and 6 cessations. The latest: Sushilkumar Jiwarajka ceased to be Additional Director on 30 Sep 2022.

AGM
Ajva Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ajva Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Sushilkumar Jiwarajka ceased to be Additional Director.
Appointed
Sushilkumar Jiwarajka was appointed as Director.
Ceased
Ankush Ramesh Jain ceased to be Additional Director.
Ceased
Rupesh Jain ceased to be Additional Director.
Ceased
Vikesh Pawan Kumar Agrawal ceased to be Additional Director.
Ceased
Chirag Shah ceased to be Director.
Appointed
Rupesh Jain was appointed as Director.
Ceased
Arpita Jaiswal ceased to be Director.
Appointed
Ankush Ramesh Jain was appointed as Director.
Appointed
Roopak Jain was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Ajva Fintech is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 22 December 2020 (6+ years old) and is registered under CIN U74990MH2020PTC352350.

Ajva Fintech has 4 current directors:

The latest financial statements of Ajva Fintech 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 FY 2021 are in the company report.

The GSTIN of Ajva Fintech is 27AAUCA5583F1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ajva Fintech is U74990MH2020PTC352350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ajva Fintech has 1 court case on record: 1 filed against it.

Ajva Fintech was incorporated on 22 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

Ajva Fintech has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.08 Cr; the latest was in August 2022.

Sushilkumar Jiwarajka ceased to be Additional Director on 30 Sep 2022. Sushilkumar Jiwarajka was appointed as Director on 22 Feb 2022. Ankush Ramesh Jain ceased to be Additional Director on 30 Nov 2021. Ajva Fintech has 10 board changes on record in total.

Yes, Ajva Fintech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Ajva Fintech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0034031).