Ajel Limited

Founded in 1994 and headquartered in Maharashtra, India.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Ajel Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.65 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 44.95%
  • Profit Growth 195.24%
  • Ebitda -192.93%
  • Net Worth 1.78%
  • Total Assets 4.14%

About Ajel

Ajel Limited (AL) is a Public Limited Indian Non-Government Company incorporated in India on 17 February 1994 and has a history of 30 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530713.

The Corporate was formerly known as Choksh Infotech Limited. 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 12.00 Cr and a paid-up capital of Rs 11.65 Cr.

The company currently has active open charges totaling ₹5.00 Cr.

The Key Managerial Personnel (KMP) at Ajel Limited India are Rishabh Chauhan as COMPANY SECRETARY and Harshana Antharaji as Cfo.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1994PLC076637

  • Company No.

    076637

  • Stock Symbol

    BSE : 530713

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1994

  • Date of AGM

    04 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Information Technology

Who are the key members and board of directors at Ajel?

Executive Team (3)

Name Designation Appointment Date Status
Srinivasa Arikatla Country flag representing In Managing Director 14-Jul-2008 Current
Rishabh Chauhan Company Secretary 05-May-2023 Current
Harshana Antharaji CFO 20-Jan-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Venkata Chintakuntla Country flag representing In Director 10-Jul-2023 Current
Pasupuleti Madhavilatha Country flag representing In Director 04-May-2023 Current
Rama Madasu Country flag representing In Director 11-Nov-2022 Current
Ashrith Gireddy Country flag representing In Director 05-May-2022 Current

Financial Performance of Ajel.

Ajel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.95% increase. The company also saw a substantial improvement in profitability, with a 195.24% increase in profit. The company's net worth moved up by a moderate rise of 1.78%.

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
44.95%
Revenue from Operations
44.92%
Total Assets
4.14%
Profit or Loss
195.24%
Net Worth
1.78%
EBITDA
-192.93%

What is the Ownership and Shareholding Structure of Ajel?

In 2023, Ajel had a promoter holding of 49.87% and a public holding of 50.13%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Jul 2023 Others ₹5.00 Cr Open

How Many Employees Work at Ajel?

Ajel has a workforce of 0 employees as of Apr 07, 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 Ajel, 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 Ajel'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 Ajel

Recent activity within the organization

  • Director Appointment

    Harshana Antharaji was appointed as a Cfo was appointed as a Cfo on 20 Jan 2024 & has been associated with this company since 1 year 13 days .

    20 Jan 2024

  • Annual General Meeting

    Ajel Limited last Annual general meeting of members was held on 04 Aug 2023 as per latest MCA records.

    04 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100757190 was registered on 14 Jul 2023.

    14 Jul 2023

  • Director Appointment

    Venkata Satyanarayana Reddy Chintakuntla was appointed as a Director was appointed as a Director on 10 Jul 2023 & has been associated with this company since 1 year 6 months .

    10 Jul 2023

  • Director Appointment

    Rishabh Dev Chauhan was appointed as a Company Secretary was appointed as a Company Secretary on 05 May 2023 & has been associated with this company since 1 year 9 months .

    05 May 2023

  • Balance Sheet

    Ajel Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Ajel Limited was incorporated on 17 Feb 1994.

  • The authorized share capital of Ajel Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.65 Cr.

  • Currently 8 directors are associated with Ajel Limited.

    • Rishabh Dev Chauhan
    • Venkata Satyanarayana Reddy Chintakuntla
    • Pasupuleti Madhavilatha
    • Rama Rao Madasu
    • Harshana Antharaji
    • Ashrith Reddy Gireddy
    • Harshana Antharaji
    • Srinivasa Reddy Arikatla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajel Limited is 106 2Nd Floor Mahadashopping Compelx New Link Rd, Jogeshwari, Mumbai, Maharashtra, India, 400102.

  • The corporate identification number (CIN) of Ajel Limited is L67120MH1994PLC076637 and the company number is 076637 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ajel Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ajel Limited is https://www.ajel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ajel Limited has risen by 44.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ajel Limited has experienced an upsurge of 1.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ajel Limited amount to ₹ 5.00 Cr.

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