Ajagar Finance Private Limited

Provides credit granting services, lending and advancing money with or without security to individuals and entities.

2015 | Goalpara, Assam (India) | Active
Last Updated: December 22, 2024

Ajagar Finance Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 3.07 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.60 Cr
  • Satisfied Charges ₹ 9.05 Cr
  • Revenue Growth 41.50%
  • Profit Growth 121.45%
  • Ebitda 45.74%
  • Net Worth 10.12%
  • Total Assets -17.97%

About Ajagar Finance

Ajagar Finance Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 March 2015 (Nine years and ten months 10 days old ). Its registered office is in Goalpara, Assam, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 3.07 Cr.

The company currently has active open charges totaling ₹9.60 Cr. The company has closed loans amounting to ₹9.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Madhurjya Bezbaruah, Veekash Agarwal, Dalimi Das, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65929AS2015PTC012082

  • Company No.

    012082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Financial Services

Who are the key members and board of directors at Ajagar Finance?

Executive Team (1)

Name Designation Appointment Date Status
Hiren Kalita Country flag representing In Managing Director 31-Mar-2015 Current

Board Members (4)

Name Designation Appointment Date Status
Madhurjya Bezbaruah Country flag representing In Director 16-Oct-2015 Current
Veekash Agarwal Nominee Director 30-Sep-2023 Current
Dalimi Das Country flag representing In Director 10-Mar-2023 Current
Chaitanya Das Country flag representing In Director 31-Mar-2015 Current

Financial Performance of Ajagar Finance.

Ajagar Finance Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 41.5% increase. The company also saw a substantial improvement in profitability, with a 121.45% increase in profit. The company's net worth Soared by an impressive increase of 10.12%.

Graph illustrating revenue growth over time
Graph showing 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
41.50%
Revenue from Operations
38.41%
Total Assets
-17.97%
Profit or Loss
121.45%
Net Worth
10.12%
EBITDA
45.74%

What is the Ownership and Shareholding Structure of Ajagar Finance?

In 2020, Ajagar Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.60 Cr

Satisfied Charges

₹9.05 Cr

Charges Breakdown by Lending Institutions

  • North Eastern Development Finance Corporation Limited : 5.40 Cr
  • Others : 4.20 Cr

Latest Charge Details

Date Lender Amount Status
23 Jan 2024 North Eastern Development Finance Corporation Limited ₹4.00 M Open
08 Jun 2023 Others ₹1.20 Cr Open
09 May 2022 Others ₹1.00 Cr Open
22 Aug 2019 Others ₹2.00 Cr Open
08 Mar 2019 North Eastern Development Finance Corporation Limited ₹5.00 Cr Open

How Many Employees Work at Ajagar Finance?

Ajagar Finance has a workforce of 20 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ajagar Finance, 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 Ajagar Finance'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 Ajagar Finance

Recent activity within the organization

  • Annual General Meeting

    Ajagar Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ajagar Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Charges

    A charge with North Eastern Development Finance Corporation Limited amounted to Rs. 0.40 Cr with Charge ID 100855182 was registered on 23 Jan 2024.

    23 Jan 2024

  • Director Appointment

    Veekash Kumar Agarwal was appointed as a Nominee Director was appointed as a Nominee Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100729163 was registered on 08 Jun 2023.

    08 Jun 2023

  • Director Appointment

    Dalimi Das was appointed as a Director was appointed as a Director on 10 Mar 2023 & has been associated with this company since 1 year 11 months .

    10 Mar 2023

Frequently asked questions

  • Ajagar Finance Private Limited was incorporated on 31 Mar 2015.

  • The authorized share capital of Ajagar Finance Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.07 Cr.

  • Currently 5 directors are associated with Ajagar Finance Private Limited.

    • Madhurjya Prasad Bezbaruah
    • Veekash Kumar Agarwal
    • Dalimi Das
    • Chaitanya Das
    • Hiren Kalita
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajagar Finance Private Limited is 1St Floor, Agia Bazar India, Goalpara, Assam, 783120.

  • The corporate identification number (CIN) of Ajagar Finance Private Limited is U65929AS2015PTC012082 and the company number is 012082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ajagar Finance Private Limited is https://www.financeajagar.business.site

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ajagar Finance Private Limited has risen by 41.50%.

  • As Per 2020 financial reports, 20 employees are currently employed by Ajagar Finance Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ajagar Finance Private Limited has experienced an upsurge of 10.12%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Ajagar Finance Private Limited amount to ₹ 9.60 Cr.

  • The most recent Balance Sheet for Ajagar Finance Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Microfinance Institutions