- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0073360

Ambition Coal Private Limited
About Ambition Coal Private Limited
Data last updated:
Ambition Coal Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 09 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2016PTC092865. Its GSTIN is 24AADCJ7578A1ZN (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as J. Ambition Coal and Minerals Private Limited and Ambition Energy & Minerals Private Limited. It is led by directors Yashika Jayesh Agrawal and Jayeshkumar Mahesh Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 609 Luxuria Business Hub Dumar Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.15 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹72.13 Lakh (net margin 2.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹12.6 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 5 cases are pending.
Ambition Coal Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0073360). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ambition Coal has undergone 2 name changes throughout its history. The company was previously known as J. Ambition Coal And Minerals Private Limited, and Ambition Energy & Minerals Private Limited. The current legal name is Ambition Coal Private Limited.
| Company Name | Status |
|---|---|
| Ambition Coal Private Limited | Current |
| J. Ambition Coal And Minerals Private Limited | Previous |
| Ambition Energy & Minerals Private Limited | Previous |
Recognitions & Rankings of Ambition Coal
Contact details
Ambition Coal Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address609 Luxuria Business Hub Dumar Road, Surat, Gujarat, India – 395007
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Ambition Coal Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ambition Coal is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ambition Coal Private Limited, buy the company report.
Financials of Ambition Coal Private Limited
FY 2024 filings availableAmbition Coal Private Limited reported revenue of ₹30.15 Cr (down 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 63% fall in the latest year. EBITDA fell 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.13 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ambition Coal Private Limited, buy the company report.
Board of directors of Ambition Coal Private Limited
Ambition Coal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashika Jayesh Agrawal Also directs: J Ambition Minerals Private Limited | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Jayeshkumar Mahesh Agrawal | Director | 09 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Ambition Coal Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Broking Services, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aksa Iron & Coke Industries Private Limited | ₹30.27 Cr (FY 2025) | 17.0% | Dhanbad, Jharkhand, India | |||
| Siddhidatri Trading Company Private Limited | ₹30.18 Cr (FY 2017) | -75.0% | Ballabgarh, Haryana, India | |||
| Worldly Ispat Private Limited | ₹30.17 Cr (FY 2024) | 125.0% | Ahmedabad, Gujarat, India | |||
| Ambition Coal Private Limitedthis company | ₹30.15 Cr (FY 2024) | ₹72.13 Lakh | 2.4% | -63.0% | Surat, Gujarat, India | |
| Maa Santoshi Alloys Private Limited | ₹30.05 Cr (FY 2025) | -61.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ambition Coal Private Limited, buy the company report.
Auditor
Ambition Coal Private Limited is audited by RPV & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RPV & COMPANY | FY 2023 | 1343844W |
Shareholding
The shareholding of Ambition Coal 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ambition Coal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100854818 | Canara Bank | ₹13 Cr | Open | |
| 28 Sep 2022 | 100627336 | Axis Bank Limited | ₹9 Cr | Satisfied | |
| 22 Jun 2020 | 100355809 | Indian Bank | ₹59.5 Lakh | Satisfied | |
| 24 Nov 2017 | 100143463 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Ambition Coal Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ambition Coal Private Limited has 5 court cases on record: 5 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
| NCLT | 2 | 2 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by JSW Minerals Trading Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by JSW Minerals Trading Private Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Tata International Singapore Pte Ltd | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Tata International Singapore Pte Ltd. | Pending |
To see the full case history of Ambition Coal 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 Ambition Coal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ambition Coal has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCJ7578A1ZN | Gujarat | Active | 01 Jul 2017 |
| 29AADCJ7578A1ZD | Karnataka | Active | 27 Oct 2017 |
To see the full GST registrations and return filing status of Ambition Coal Private Limited, buy the company report.
Recent activity
Ambition Coal Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Yashika Jayesh Agrawal ceased to be Additional Director on 30 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
Ambition Coal is an active private limited company based in Surat, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 July 2016 (10+ years old) and is registered under CIN U51909GJ2016PTC092865.
Ambition Coal has 2 current directors:
- Yashika Jayesh Agrawal - Director
- Jayeshkumar Mahesh Agrawal - Director
The latest financial statements of Ambition Coal on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ambition Coal is 24AADCJ7578A1ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCJ7578A1ZD (Karnataka).
The CIN (Corporate Identification Number) of Ambition Coal is U51909GJ2016PTC092865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ambition Coal has 5 court cases on record: 5 filed against it. 5 are pending. Most are in the district courts.
Ambition Coal was incorporated on 09 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ambition Coal by revenue are Aksa Iron & Coke Industries Private Limited, Siddhidatri Trading Company Private Limited, Worldly Ispat Private Limited, Maa Santoshi Alloys Private Limited, all in the Metals and Minerals industry (Broking Services, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Yashika Jayesh Agrawal ceased to be Additional Director on 30 Nov 2021. Osnil Pradeep Poddar ceased to be Director on 01 Nov 2021. Yashika Jayesh Agrawal was appointed as Director on 01 Nov 2021. Ambition Coal has 4 board changes on record in total.
Yes, Ambition Coal is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0073360).
The registered office of Ambition Coal is at 609 Luxuria Business Hub Dumar Road, Surat, Gujarat, India – 395007.