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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|---|
| Assets | 329.01 | 297.46 | 218.49 | 202.33 | 129.07 |
| Total Income | 130.74 | 366.39 | 87.82 | 242.25 | 142.72 |
| Profit After Tax | 12.16 | 22.53 | 7.63 | 12.99 | 3.64 |
| NET Worth | 105.50 | 93.27 | 78.15 | 70.52 | 54.28 |
| Reserves and Surplus | 104.57 | 92.34 | 77.22 | 69.58 | 53.39 |
| Total Borrowing | 129.13 | 119.15 | 94.21 | 82.50 | 44.82 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed by Company | 119.00 |
| 2 | Funding capital expenditure requirements towards purchase of equipment, plant and machinery at,Noida Unit-IV, Noida Unit-V, Karegaon Unit, Shirwal Unit, Chennai Unit,and Registered and Corporate Office | 64.97 |
| 3 | General corporate purposes | |
| Total | 183.97 |
About Ajay Poly IPO
Incorporated in, Ajay Poly Limited is engaged in the manufacturing of refrigeration sealing solutions, profile extrusion, and glass products for the appliance industry. The company specializes in toughened glass products, polymer extrusion products, magnet powders, and magnetic solutions for various applications. The company offers refrigerator door gaskets, thermoplastic profiles, magnetic strips, glass shelves, doors, and toughened glass components for appliances, serving sectors like consumer durables, commercial refrigeration, and automotive industries. The company operates ten manufacturing facilities across India: five in Greater Noida, two in Maharashtra, and one each in Sanand, Mohali, and Chennai, strategically located near major OEM manufacturing hubs. The company has an in-house design, development, tooling, and testing department in Greater Noida, specializing in optimizing, verifying, and improving OEM designs, providing a competitive edge in joint development with OEMs. Products Segment: Glass: Toughened glass (or tempered glass), which is being used in appliances such as refrigerator shelves, refrigerator doors, visi cooler doors, microwave oven doors, gas cooktop ho
Contact Details
Ajay Poly Ltd. Address70,Okhla Industrial Estate Phase-III,South Delhi,New Delhi, New Delhi, 110020+91-11 4160 70compliance@applindia.co.inVisit Website