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Ajay Poly IPO IPO

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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Jun 202431 Mar 202430 Jun 202331 Mar 202331 Mar 2022
Assets329.01297.46218.49202.33129.07
Total Income130.74366.3987.82242.25142.72
Profit After Tax12.1622.537.6312.993.64
NET Worth105.5093.2778.1570.5254.28
Reserves and Surplus104.5792.3477.2269.5853.39
Total Borrowing129.13119.1594.2182.5044.82
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/ prepayment, in full or part, of certain borrowings availed by Company119.00
2Funding 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 Office64.97
3General corporate purposes
Total183.97

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