About Dev Ajmera IT Ventures Private Limited
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Dev Ajmera IT Ventures Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 March 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009PTC190930. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Citimall 2 Ndfloor Andherinewlinkroad Andheri(West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2017, the company reported a revenue of ₹47.45 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹30.15 Lakh (net margin -63.5%) and EBITDA of ₹9.76 Lakh (EBITDA margin 20.6%).
As per MCA filings, the company has satisfied charges of ₹4.89 Cr on record.
The last known website on record is ajmera.com.
Company details
Contact details
Dev Ajmera IT Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is ajmera.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressCitimall 2 Ndfloor Andherinewlinkroad Andheri(West), Mumbai, Maharashtra, India – 400053
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Dev Ajmera IT Ventures 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
Financials of Dev Ajmera IT Ventures Private Limited
FY 2017 filings availableDev Ajmera IT Ventures Private Limited reported revenue of ₹47.45 Lakh (down 44% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA fell 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹47.45 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.76 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹30.15 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 20.6% | ||
| Net Profit Margin | -63.5% | ||
| 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 Dev Ajmera IT Ventures Private Limited, buy the company report.
Board of directors of Dev Ajmera IT Ventures Private Limited
Dev Ajmera IT Ventures has 2 former directors on record and no current directors listed.
Peer comparison
Dev Ajmera IT Ventures Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aftertutor Ventures Private Limited | ₹47.92 Lakh (FY 2024) | -26.0% | Chennai, Tamil Nadu, India | |||
| Unavo Information Technologies Private Limited | ₹47.92 Lakh (FY 2021) | -14.0% | Hyderabad, Telangana, India | |||
| FLT Solutions Private Limited | ₹47.87 Lakh (FY 2023) | Noida, Uttar Pradesh, India | ||||
| Thameslink Info Solutions Private Limited | ₹47.86 Lakh (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Codebird Technologies Private Limited | ₹47.51 Lakh (FY 2025) | 105.0% | Jaipur, Rajasthan, India | |||
| Dev Ajmera IT Ventures Private Limitedthis company | ₹47.45 Lakh (FY 2017) | -₹30.15 Lakh | -63.5% | -44.0% | Mumbai, Maharashtra, India | |
| Alicia Fitlife Creations Private Limited | ₹47.43 Lakh (FY 2025) | 277.0% | Ghaziabad, Uttar Pradesh, India | |||
| Modallogic IT Systems Private Limited | ₹47.42 Lakh (FY 2025) | 33.0% | Pune, Maharashtra, India | |||
| MSP Infotech Private Limited | ₹47.35 Lakh (FY 2022) | 3.0% | Kolkata, West Bengal, India | |||
| Spiel Studios Private Limited | ₹47.3 Lakh (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| M.M. Research Company Private Limited | ₹47.18 Lakh (FY 2025) | -30.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Dev Ajmera IT Ventures Private Limited, buy the company report.
Auditor
Dev Ajmera IT Ventures Private Limited is audited by V PAREKH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V PAREKH & ASSOCIATES | FY 2017 | 107488W |
Shareholding
The shareholding of Dev Ajmera IT Ventures Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dev Ajmera IT Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2015 | 10556481 | Standard Chartered Bank | ₹1.39 Cr | Satisfied | |
| 04 Jun 2013 | 10433109 | Standard Chartered Bank | ₹3.5 Cr | Satisfied |
To see the full charge records of Dev Ajmera IT Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Dev Ajmera IT Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dev Ajmera IT Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dev Ajmera IT Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dev Ajmera IT Ventures Private Limited, buy the company report.
Recent activity
Dev Ajmera IT Ventures Private Limited has 2 board changes on record since 2018: 0 appointments and 2 cessations. The latest: Nimish Shashikant Ajmera ceased to be Director on 24 Jan 2018.
News
Frequently asked questions
Dev Ajmera IT Ventures has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Dev Ajmera IT Ventures was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 13 March 2009 and is registered under CIN U72900MH2009PTC190930. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Dev Ajmera IT Ventures is U72900MH2009PTC190930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Ajmera IT Ventures was incorporated on 13 March 2009. It is registered with the Registrar of Companies, Mumbai.
Dev Ajmera IT Ventures can be reached through the website ajmera.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Dev Ajmera IT Ventures is at Citimall 2 Ndfloor Andherinewlinkroad AndheriWest, Mumbai, Maharashtra, India – 400053.
The latest financial statements of Dev Ajmera IT Ventures on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Dev Ajmera IT Ventures has 1 GST registration on record and it is cancelled or inactive.
Dev Ajmera IT Ventures operated in the information technology industry, in the application development and software solutions segment.
The peers of Dev Ajmera IT Ventures by revenue are Aftertutor Ventures Private Limited, Unavo Information Technologies Private Limited, FLT Solutions Private Limited, Thameslink Info Solutions Private Limited, Codebird Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Nimish Shashikant Ajmera ceased to be Director on 24 Jan 2018. Shashikant Shamalji Ajmera ceased to be Director on 24 Jan 2018.