Ajit Coatings Private Limited

Manufacturer of aluminium coatings for various products, offering wood effect, power coating, anodising, and PVDF services.

2006 | Tumkur, Karnataka (India) | Active
Last Updated: February 07, 2025

Ajit Coatings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.53 Cr
  • Satisfied Charges ₹ 3.06 Cr
  • Revenue Growth -22.67%
  • Profit Growth -20.97%
  • Ebitda -8.93%
  • Net Worth 20.05%
  • Total Assets 11.86%

About Ajit Coatings

Ajit Coatings Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 2006 and has a history of 18 years and 11 months. Its registered office is in Tumkur, Karnataka, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹3.53 Cr. The company has closed loans amounting to ₹3.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bingera Shanmukha, Kavitha, and Manjunath Basavarajappa serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ajitcoatings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28920KA2006PTC038565

  • Company No.

    038565

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

Who are the key members and board of directors at Ajit Coatings?

Board Members (3)

Name Designation Appointment Date Status
Bingera Shanmukha Country flag representing In Director 22-Feb-2006 Current
Kavitha Country flag representing In Director 30-Mar-2014 Current
Manjunath Basavarajappa Country flag representing In Director 20-Apr-2022 Current

Financial Performance of Ajit Coatings.

Ajit Coatings Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 22.67% decrease. The company also saw a substantial fall in profitability, with a 20.97% decrease in profit. The company's net worth Soared by an impressive increase of 20.05%.

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
-22.67%
Revenue from Operations
-22.54%
Total Assets
11.86%
Profit or Loss
-20.97%
Net Worth
20.05%
EBITDA
-8.93%

What is the Ownership and Shareholding Structure of Ajit Coatings?

Unlock access to Ajit Coatings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.27 M

Satisfied Charges

₹30.55 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.34 Cr
  • Canara Bank : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2023 Hdfc Bank Limited ₹3.00 Cr Open
09 Dec 2022 Canara Bank ₹1.87 M Open
31 Mar 2021 Hdfc Bank Limited ₹3.40 M Open
12 Jun 2007 Canara Bank ₹2.66 Cr Satisfied
17 Aug 2006 Karnataka State Financial Corporation ₹4.00 M Satisfied

How Many Employees Work at Ajit Coatings?

Ajit Coatings has a workforce of 41 employees as of Feb 07, 2025. 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 Ajit Coatings, 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 Ajit Coatings'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 Ajit Coatings

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.00 M registered on 04 Oct 2023 with Charge ID 100896777 was modified on 22 May 2024.

    22 May 2024

  • Charges

    A charge registered on 12 Jun 2007 via Charge ID 10059111 with Canara Bank was fully satisfied on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Ajit Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100896777 was registered on 04 Oct 2023.

    04 Oct 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 1.87 M with Charge ID 100660798 was registered on 09 Dec 2022.

    09 Dec 2022

Frequently asked questions

  • Ajit Coatings Private Limited was incorporated on 22 Feb 2006.

  • The authorized share capital of Ajit Coatings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Ajit Coatings Private Limited.

    • Bingera Parameshwarappa Shanmukha
    • Kavitha
    • Manjunath Mangajji Basavarajappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajit Coatings Private Limited is No B2/B7 Hirehalli Industrial Area Nh-4 Post India, Tumkur, Karnataka, 572168.

  • The corporate identification number (CIN) of Ajit Coatings Private Limited is U28920KA2006PTC038565 and the company number is 038565 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ajit Coatings Private Limited is https://www.ajitcoatings.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Ajit Coatings Private Limited has fallen by -22.67%.

  • As Per 2024 financial reports, 41 employees are currently employed by Ajit Coatings Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Ajit Coatings Private Limited has experienced an upsurge of 20.05%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Ajit Coatings Private Limited amount to ₹ 3.53 Cr.

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

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