Ajaaya Development Foundation logo

Ajaaya Development Foundation

Provides unsecured loans for small borrowers in India, with customer-centric solutions.
2021 | Tiruvallur, Tamil Nadu (India) | Active

Last Updated:

November 01, 2024
HomeCompanyAjaaya Development Foundation

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

Board Members(4)

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

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2.74 Cr

LenderAmountStatus

Others

Creation Date: 29 Dec 2023
₹5.00 MOpen

Others

Creation Date: 29 Aug 2023
₹5.00 MOpen

Others

Creation Date: 01 Jun 2023
₹3.00 MOpen

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.

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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.

    29 Dec 2023

  • Charges

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

    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.

    17 Aug 2023

  • Charges

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

    01 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

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

    27 Dec 2022

Frequently asked questions

  • Ajaaya Development Foundation was incorporated on 09 Jan 2021.

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

  • Currently 4 directors are associated with Ajaaya Development Foundation.

    • Ragothamarao Raghavender Anand
    • Sankaran Gopinath
    • Muthiah Pushpam Tolerance Samuel
    • Selvi
  • 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.

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

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

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

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

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

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

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

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