Afcon Gears Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.51 Cr
- Satisfied Charges ₹ 8.40 M
- Revenue Growth 7.64%
- Profit Growth 20.24%
- Ebitda -120.69%
- Net Worth 36.96%
- Total Assets 6.50%
About Afcon Gears
Afcon Gears Private Limited (AGPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 2004 and has a history of 20 years and three 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹1.51 Cr. The company has closed loans amounting to ₹8.40 M, as per Ministry of Corporate Affairs (MCA) records.
Ishpreet Sokhi, Amrik Sokhi, and Sahil Sokhi serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U34300DL2004PTC130356
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Company No.
130356
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Nov 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Afcon Gears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishpreet Sokhi
|
Managing Director | 03-Nov-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Amrik Sokhi
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Director | 01-Jul-2012 | Current |
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Sahil Sokhi
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Additional Director | 10-Jun-2013 | Current |
Financial Performance of Afcon Gears.
Afcon Gears Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.64% increase. The company also saw a substantial improvement in profitability, with a 20.24% increase in profit. The company's net worth Soared by an impressive increase of 36.96%.
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What is the Ownership and Shareholding Structure of Afcon Gears?
In 2021, Afcon Gears had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sokhi Heli-Wom Gears Private LimitedIshpreet Sokhi, Amrik Sokhi and 1 more are mutual person
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Alsol Services LlpIshpreet Sokhi, Amrik Sokhi and 1 more are mutual person
Charges (Loans)
₹15.07 M
₹8.40 M
Charges Breakdown by Lending Institutions
- Others : 1.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2024 | Others | ₹1.51 Cr | Open |
| 06 Sep 2013 | Icici Bank Limited | ₹4.60 M | Satisfied |
| 06 Sep 2006 | State Bank Of Hyderabad | ₹2.50 M | Satisfied |
| 28 Apr 2006 | The Khattri Co-Operative Urban Bank Limited | ₹1.30 M | Satisfied |
How Many Employees Work at Afcon Gears?
Afcon Gears has a workforce of 1 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Afcon Gears, 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 Afcon Gears's trajectory.
Rating
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
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.
