Ajaaya Development Foundation

Provides unsecured loans for small borrowers in India, with customer-centric solutions.

2021 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Ajaaya Development Foundation Profile

Key Indicators

  • Authorised Capital ₹ 3.60 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.74 Cr
  • Revenue Growth 137.27%
  • Profit Growth 309.33%
  • Ebitda 336.56%
  • Net Worth 174.20%
  • Total Assets 107.75%

About Ajaaya Development Foundation

Ajaaya Development Foundation (ADF) is a Private Not For Profit Company incorporated in India on 09 January 2021 (Four years and three months 3 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.60 Cr and a paid-up capital of Rs 2.60 Cr.

The company currently has active open charges totaling ₹2.74 Cr.

Ragothamarao Anand, Sankaran Gopinath, Muthiah Samuel, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85300TN2021NPL140647

  • Company No.

    140647

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    09 Jan 2021

  • Date of AGM

    17 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Ajaaya Development Foundation

Explore comprehensive data for Ajaaya Development Foundation, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ajaaya Development Foundation?

Board Members (4)

NameDesignationAppointment DateStatus
Ragothamarao Anand Country flag representing In Director 23-Jun-2022Current
Sankaran Gopinath Country flag representing In Director 09-Jan-2021Current
Muthiah Samuel Country flag representing In Director 09-Jan-2021Current
Selvi Country flag representing In Director 12-May-2022Current

Financial Performance of Ajaaya Development Foundation.

Ajaaya Development Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 137.27% increase. The company also saw a substantial improvement in profitability, with a 309.33% increase in profit. The company's net worth Soared by an impressive increase of 174.2%.

Ajaaya Development Foundation revenue growth over time
Ajaaya Development Foundation profit and loss trends over time
  • 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
137.27%
Revenue from Operations
136.91%
Total Assets
107.75%
Profit or Loss
309.33%
Net Worth
174.20%
EBITDA
336.56%

What is the Ownership and Shareholding Structure of Ajaaya Development Foundation?

In 2023, Ajaaya Development Foundation had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.74 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 1.44 Cr
  • Others : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2023Others₹5.00 MOpen
29 Aug 2023Others₹5.00 MOpen
01 Jun 2023Others₹3.00 MOpen
27 Dec 2022Indian Bank₹1.44 CrOpen

How Many Employees Work at Ajaaya Development Foundation?

Ajaaya Development Foundation has a workforce of 56 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ajaaya Development Foundation

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ajaaya Development Foundation, 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 Ajaaya Development Foundation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Ajaaya Development Foundation

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100840166 was registered on 29 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100780131 was registered on 29 Aug 2023.

  • Annual General Meeting

    Ajaaya Development Foundation last Annual general meeting of members was held on 17 Aug 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100733010 was registered on 01 Jun 2023.

  • Balance Sheet

    Ajaaya Development Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Indian Bank amounted to Rs. 1.44 Cr with Charge ID 100655694 was registered on 27 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Ajaaya Development Foundation?

    Ajaaya Development Foundation was incorporated on 09 Jan 2021.

  • What is authorized share capital and paid-up capital of Ajaaya Development Foundation?

    The authorized share capital of Ajaaya Development Foundation is ₹ 3.60 Cr and paid-up capital is ₹ 2.60 Cr.

  • Who are the current board members & directors of Ajaaya Development Foundation?

    Currently 4 directors are associated with Ajaaya Development Foundation.

    • Ragothamarao Raghavender Anand
    • Sankaran Gopinath
    • Muthiah Pushpam Tolerance Samuel
    • Selvi
  • What is the registered address of Ajaaya Development Foundation?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ajaaya Development Foundation is 69 Tamil Solai Street Millenium Town Adyamlampattu, Vanagaram Nadu India, Chennai, Tamil Nadu, 600095.

  • What is the corporate identification number (CIN) and company number of Ajaaya Development Foundation?

    The corporate identification number (CIN) of Ajaaya Development Foundation is U85300TN2021NPL140647 and the company number is 140647 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ajaaya Development Foundation?

    The Official website of Ajaaya Development Foundation is https://www.ajaaya.in

  • What has been the recent revenue trend for Ajaaya Development Foundation?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ajaaya Development Foundation has risen by 137.27%.

  • How many employees does Ajaaya Development Foundation currently have?

    As Per 2023 financial reports, 56 employees are currently employed by Ajaaya Development Foundation.

  • What change has been observed in the net worth of Ajaaya Development Foundation, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ajaaya Development Foundation has experienced an upsurge of 174.20%.

  • What are the total open charges for Ajaaya Development Foundation?

    As per the financial statements for fiscal Year 2023, The total open charges for Ajaaya Development Foundation amount to ₹ 2.74 Cr.

  • When was the last Balance Sheet of Ajaaya Development Foundation filed with the ROC?

    The most recent Balance Sheet for Ajaaya Development Foundation was filed with the ROC on 31 Mar 2023.

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