Ajay Poly Pvt Ltd

Manufacturer and supplier of refrigeration sealing systems for top brands in India.

1980 | Delhi (India) | Active
Last Updated: October 24, 2024

Ajay Poly Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.32 M
  • Company Age 44 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 260.16 Cr
  • Satisfied Charges ₹ 24.23 Cr
  • Revenue Growth 71.87%
  • Profit Growth 224.28%
  • Ebitda 94.15%
  • Net Worth 25.32%
  • Total Assets 56.08%

About Ajay Poly

Ajay Poly Pvt Ltd (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 1980 and has a history of 44 years and eight months. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 9.32 M.

The company currently has active open charges totaling ₹260.16 Cr. The company has closed loans amounting to ₹24.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ajay Poly Pvt Ltd India is Avanish Visen as CEO. Nitin Jain, Bina Jain, Rajeev Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    applindia.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1980PTC010508

  • Company No.

    010508

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Ajay Poly Pvt Ltd offer?

Ajay Poly Pvt Ltd offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Flexible Magnets, Hose Pipes, Garden Hose Pipe, Gardening and Horticulture Tools, Garden Watering Tools, Hoses & Hose Fittings, Rubber Gaskets and Gasket Material, Gaskets, Seals, Oil Seals & Industrial Seals.

Who are the key members and board of directors at Ajay Poly?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajeev Jain Country flag representing In Managing Director18-Jun-1987Current
Avanish Visen CEO26-Jul-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Nitin Jain Country flag representing In Director 30-Sep-2006Current
Bina Jain Country flag representing In Director 01-Apr-2018Current
Avanish Visen Country flag representing In Director 04-Jun-2021Current

Financial Performance of Ajay Poly.

Ajay Poly Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 71.87% increase. The company also saw a substantial improvement in profitability, with a 224.28% increase in profit. The company's net worth Soared by an impressive increase of 25.32%.

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
71.87%
Revenue from Operations
69.67%
Total Assets
56.08%
Profit or Loss
224.28%
Net Worth
25.32%
EBITDA
94.15%

What is the Ownership and Shareholding Structure of Ajay Poly?

In 2023, Ajay Poly 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

₹260.16 Cr

Satisfied Charges

₹24.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 162.78 Cr
  • State Bank Of India : 48.73 Cr
  • Hdfc Bank Limited : 48.65 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2024Others₹4.00 MOpen
26 Feb 2024Others₹1.20 MOpen
21 Oct 2022Hdfc Bank Limited₹5.00 CrOpen
21 Oct 2022Hdfc Bank Limited₹15.00 CrOpen
21 Sep 2022Others₹47.84 CrOpen

How Many Employees Work at Ajay Poly?

Ajay Poly has a workforce of 440 employees as of May 14, 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 Ajay Poly, 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 Ajay Poly'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 Ajay Poly

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 43.62 Cr registered on 09 Jun 2021 with Charge ID 100464345 was modified on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge with Others of Rs. 64.55 Cr registered on 21 Nov 2016 with Charge ID 100068153 was modified on 07 Aug 2024.

    07 Aug 2024

  • Director Appointment

    Avanish Singh Visen was appointed as a Ceo was appointed as a Ceo on 26 Jul 2024 & has been associated with this company since 6 months 28 days .

    26 Jul 2024

  • Charges

    A charge with State Bank Of India of Rs. 48.73 Cr registered on 19 Apr 2022 with Charge ID 100571369 was modified on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100934900 was registered on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100934644 was registered on 26 Feb 2024.

    26 Feb 2024

Frequently asked questions

  • Ajay Poly Pvt Ltd was incorporated on 03 Jun 1980.

  • The authorized share capital of Ajay Poly Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.32 M.

  • Currently 5 directors are associated with Ajay Poly Pvt Ltd.

    • Nitin Jain
    • Bina Jain
    • Rajeev Jain
    • Avanish Singh Visen
    • Avanish Singh Visen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajay Poly Pvt Ltd is 70, Okhla Industrial Estate Phase-Iii India, New Delhi, 110020.

  • The corporate identification number (CIN) of Ajay Poly Pvt Ltd is U74899DL1980PTC010508 and the company number is 010508 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ajay Poly Pvt Ltd is https://www.applindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ajay Poly Pvt Ltd has risen by 71.87%.

  • As Per 2023 financial reports, 440 employees are currently employed by Ajay Poly Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ajay Poly Pvt Ltd has experienced an upsurge of 25.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ajay Poly Pvt Ltd amount to ₹ 260.16 Cr.

  • The most recent Balance Sheet for Ajay Poly Pvt Ltd was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Industrial Machinery Manufacturing