Ajs Impex Private Limited
About Ajs Impex Private Limited
Data last updated:
Ajs Impex Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 08 May 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2006PTC161680. Its GSTIN is 27AAFCA9734M2Z4 (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹11.04 Cr. It was formerly known as A Jaydev Steel Private Limited. It is led by directors including Jayesh Amulakh Mehta (Managing Director) and Ankit Goel (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.34 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹30.42 Cr (net margin -212.2%) and EBITDA of -₹29.55 Cr (EBITDA margin -206.1%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 59% over five years.
As per MCA filings, the company has open charges of ₹489.53 Cr and satisfied charges of ₹121.73 Cr on record. Court records list 80 cases involving the company, including 54 filed by the company and 26 filed against it; 21 cases are pending. The company has 15 deals on record (9 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹47.4 Cr; the latest was in March 2017.
Company details
CIN history
Ajs Impex has one previous CIN (Corporate Identification Number): U27310MH2006PTC161680. The current CIN is U74900MH2006PTC161680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2006PTC161680 | Current |
| U27310MH2006PTC161680 | Previous |
Contact details
Ajs Impex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No – 211 2nd Floor Hubtown Solaris Saiwadi N.S. Phadake Road Near Hotel Regency A, Ndheri (E), Mumbai, Maharashtra, India – 400069
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ajs Impex 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 Ajs Impex is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ajs Impex Private Limited, buy the company report.
Financials of Ajs Impex Private Limited
FY 2023 filings availableAjs Impex Private Limited reported revenue of ₹14.34 Cr (down 73% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 73% fall in the latest year. EBITDA rose 48% 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 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 | ₹14.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.42 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -206.1% | ||||
| Net Profit Margin | -212.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Ajs Impex Private Limited, buy the company report.
Board of directors of Ajs Impex Private Limited
Ajs Impex has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Goel Also directs: AAA Insolvency Professionals LLP, AAA Valuation Professionals LLP, Aaag & Co. LLP and 1 more | Irp/Rp/Liquidator | 19 Oct 2023 | 3 Years 0 Months | As last reported |
| Sachin Sukhpal Shah | Director | 30 Nov 2021 | 4 Years 10 Months | As last reported |
| Birendra Kumar Agrawal Also directs: Satya Proinvest and Trading Private Limited | Irp/Rp/Liquidator | 24 Jul 2024 | 2 Years 3 Months | As last reported |
| Jayesh Amulakh Mehta | Managing Director | 08 May 2006 | 20 Years 5 Months | As last reported |
Auditor
Ajs Impex Private Limited is audited by Shambhu Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shambhu Gupta & Co. | FY 2023 | 007234C |
Shareholding
The shareholding of Ajs Impex 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 Ajs Impex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2020 | 100410515 | Others | ₹12.29 Lakh | Open | |
| 23 Mar 2019 | 100274088 | Others | ₹4.05 Cr | Open | |
| 31 Aug 2018 | 100200296 | Standard Chartered Bank | ₹6.54 Cr | Open | |
| 30 May 2017 | 100112249 | Others | ₹1.32 Cr | Open | |
| 24 Feb 2016 | 10628153 | State Bank of Bikaner and Jaipur | ₹35 Cr | Open |
To see the full charge records of Ajs Impex Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Ajs Impex Private Limited has 15 deals on record (9 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹47.4 Cr; the latest was in March 2017.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: AJS Enterprise LLP & Amulakh B Mehta, an individual Seller: Jayesh A Mehta HUF, 3 individuals |
| Mar 2016 | Rights issue | ₹36.05 Cr | Investors: AJS Enterprise LLP, an individual |
| Apr 2013 | Funding round | ₹6.06 Cr | Investors: Prasad Impex Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Shree Vallabh Marketing Private Limited Seller: K.R.C.Trading Company Private Limited , I S K Trading Company Private Limited |
| Jan 2010 | Funding round | ₹4.8 Cr | Investors: K.R.C.Trading Company Private Limited , I S K Trading Company Private Limited |
To see the full deal history of Ajs Impex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ajs Impex Private Limited has 80 court cases on record: 54 filed by Ajs Impex, 26 filed against it. 21 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 19 | 15 |
| High courts | 10 | 0 | 0 |
| NCLAT | 10 | 6 | 6 |
| NCLT | 5 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 80)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Sadhana Avinash Patil Director of Zenith Birla India Limited S and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Ramprasad Chotelal Vaish Director of Shree Sai Krupa Ispat Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Vijaykumar Bhalchandra Shete Director of Discover Axles India Pvt Ltd and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Housing Finance Limited. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Yes Bank Ltd | Pending |
To see the full case history of Ajs Impex 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 Ajs Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ajs Impex has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA9734M2Z4 | Maharashtra | Active | 15 Jul 2022 |
To see the full GST registrations and return filing status of Ajs Impex Private Limited, buy the company report.
Recent activity
Ajs Impex Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Birendra Kumar Agrawal was appointed as Irp/Rp/Liquidator on 24 Jul 2024.
28 earlier events are in the company report.
Frequently asked questions
Ajs Impex is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Ajs Impex is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 08 May 2006 and is registered under CIN U74900MH2006PTC161680. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ajs Impex has 4 current directors:
- Jayesh Amulakh Mehta - Managing Director
- Sachin Sukhpal Shah - Director
- Ankit Goel - Irp/Rp/Liquidator
- Birendra Kumar Agrawal - Irp/Rp/Liquidator
The latest financial statements of Ajs Impex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ajs Impex is U74900MH2006PTC161680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajs Impex has open charges of ₹489.53 Cr and satisfied charges of ₹121.73 Cr as per latest MCA filings.
Ajs Impex has 80 court cases on record: 54 filed by the company and 26 filed against it. 21 are pending. Most are in the district courts.
Ajs Impex was incorporated on 08 May 2006. It is registered with the Registrar of Companies, Mumbai.
Ajs Impex has 15 deals on record (9 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹47.4 Cr; the latest was in March 2017.
Birendra Kumar Agrawal was appointed as Irp/Rp/Liquidator on 24 Jul 2024. Ankit Goel was appointed as Irp/Rp/Liquidator on 19 Oct 2023. Hemant Kumar Shah ceased to be Irp/Rp/Liquidator on 19 Oct 2023. Ajs Impex has 8 board changes on record in total.