Ajax Engineering Private Limited

Manufactures concrete mixers for construction purposes.

1992 | Bangalore, Karnataka (India) | Active
Last Updated: July 07, 2024

Ajax Engineering Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.44 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.00 Cr
  • Satisfied Charges ₹ 134.02 Cr
  • Revenue Growth 51.92%
  • Profit Growth 105.27%
  • Ebitda 88.71%
  • Net Worth 23.44%
  • Total Assets 31.47%

About Ajax Engineering

Ajax Engineering Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 July 1992 and has a history of 32 years and seven months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Ajax Fiori Engineering (India) Private Limited. The Company is engaged in the Electrical 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 12.00 Cr and a paid-up capital of Rs 11.44 Cr.

The company currently has active open charges totaling ₹29.00 Cr. The company has closed loans amounting to ₹134.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ajax Engineering Private Limited India are Shubhabrata Saha as CEO and Shruti Shetty as Company Secretary. Doddaballapur Achutarao, Rajan Wadhera, Krishnaswamy Vijay, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28920KA1992PTC013306

  • Company No.

    013306

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1992

  • Date of AGM

    12 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Electrical

What products or services does Ajax Engineering Private Limited offer?

Ajax Engineering Private Limited offers a wide range of products and services, including Building & Construction Machines, Drum Mixers, Paver Machine, Concrete Mixers, Concrete Equipment, Concrete Pumps, Construction Machines, Commercial Vehicles & Three Wheelers, Trucks.

Who are the key members and board of directors at Ajax Engineering?

Executive Team (2)

Name Designation Appointment Date Status
Shubhabrata Saha Country flag representing In Managing Director 02-Jan-2023 Current
Shruti Shetty Country flag representing In Company Secretary 23-Jun-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Doddaballapur Achutarao Country flag representing In Director 06-Jul-2023 Current
Rajan Wadhera Country flag representing In Director 06-Jul-2023 Current
Krishnaswamy Vijay Country flag representing In Director 03-Jul-1992 Current
Jacob John Country flag representing Us Director 01-Apr-2011 Current
Parin Mehta Country flag representing In Director 08-Aug-2019 Current

Financial Performance of Ajax Engineering.

Ajax Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.92% increase. The company also saw a substantial improvement in profitability, with a 105.27% increase in profit. The company's net worth Soared by an impressive increase of 23.44%.

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
51.92%
Revenue from Operations
50.81%
Total Assets
31.47%
Profit or Loss
105.27%
Net Worth
23.44%
EBITDA
88.71%

What is the Ownership and Shareholding Structure of Ajax Engineering?

In 2023, Ajax Engineering had a promoter holding of 93.50% and a public holding of 6.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.00 Cr

Satisfied Charges

₹134.02 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 1993 State Bank Of India ₹29.00 Cr Open
10 Mar 2018 Others ₹77.00 Cr Satisfied
28 Sep 2017 Hdfc Bank Limited ₹50.00 Cr Satisfied
07 Aug 2014 State Bank Of India ₹6.95 Cr Satisfied
28 Aug 1989 Karnataka State Financial Corporation ₹0.68 M Satisfied

How Many Employees Work at Ajax Engineering?

Ajax Engineering has a workforce of 541 employees as of Apr 25, 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 Ajax Engineering, 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 Ajax Engineering'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 Ajax Engineering

Recent activity within the organization

  • Annual General Meeting

    Ajax Engineering Private Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records.

    12 Sep 2023

  • Director Appointment

    Doddaballapur Prasanna Achutarao was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 6 months .

    06 Jul 2023

  • Director Appointment

    Rajan Wadhera was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 6 months .

    06 Jul 2023

  • Balance Sheet

    Ajax Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Shubhabrata Saha was appointed as a Managing Director was appointed as a Managing Director on 02 Jan 2023 & has been associated with this company since 2 years 1 month .

    02 Jan 2023

  • Charges

    A charge with State Bank Of India of Rs. 29.00 Cr registered on 27 Jul 1993 with Charge ID 80017194 was modified on 06 Dec 2022.

    06 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Ajax Engineering Private Limited was incorporated on 03 Jul 1992.

  • The authorized share capital of Ajax Engineering Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.44 Cr.

  • Currently 8 directors are associated with Ajax Engineering Private Limited.

    • Doddaballapur Prasanna Achutarao
    • Rajan Wadhera
    • Krishnaswamy Vijay
    • Shubhabrata Saha
    • Jacob Jiten John
    • Parin Nalin Mehta
    • Shubhabrata Saha
    • Shruti Vishwanath Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajax Engineering Private Limited is 253/1 11Th Main Road 3Rd Phase, Peenya Industrial Area, Bangalore, Karnataka, India, 560058.

  • The corporate identification number (CIN) of Ajax Engineering Private Limited is U28920KA1992PTC013306 and the company number is 013306 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ajax Engineering Private Limited is https://www.ajax-engg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ajax Engineering Private Limited has risen by 51.92%.

  • As Per 2023 financial reports, 541 employees are currently employed by Ajax Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ajax Engineering Private Limited has experienced an upsurge of 23.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ajax Engineering Private Limited amount to ₹ 29.00 Cr.

  • The most recent Balance Sheet for Ajax Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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