Afcon Gears Private Limited
Manufactures gears and parts since 2004, with registered office in Delhi.
2004 | Delhi (India) | Active
Afcon Gears Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 20 Year, 6 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 six 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
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300DL2004PTC130356
- Company No.
130356
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Nov 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
Afcon Gears Private Limited
Explore comprehensive data for Afcon Gears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Amrik Sokhi | Director | 01-Jul-2012 | Current |
| Sahil Sokhi | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Sokhi Heli-Wom Gears Private LimitedIshpreet Sokhi, Amrik Sokhi and 1 more are mutual person
- Alsol Services Llp
Ishpreet Sokhi, Amrik Sokhi and 1 more are mutual person
Charges (Loans)
Open Charges
₹15.07 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Afcon Gears
Recent activity within the organization
- Annual General Meeting
Afcon Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 06 Sep 2013 via Charge ID 10446911 with Icici Bank Limited was fully satisfied on 03 Jul 2024.
- Balance Sheet
Afcon Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Others of Rs. 15.07 M registered on 11 Jan 2024 with Charge ID 100867788 was modified on 26 Feb 2024.
- Charges
A charge registered on 06 Sep 2006 via Charge ID 10019587 with State Bank Of Hyderabad was fully satisfied on 23 Feb 2024.
- Charges
A charge registered on 28 Apr 2006 via Charge ID 10005945 with The Khattri Co-Operative Urban Bank Limited was fully satisfied on 23 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Afcon Gears Private Limited?
Afcon Gears Private Limited was incorporated on 03 Nov 2004.
What is authorized share capital and paid-up capital of Afcon Gears Private Limited?
The authorized share capital of Afcon Gears Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Afcon Gears Private Limited?
Currently 3 directors are associated with Afcon Gears Private Limited.
- Ishpreet Sokhi
- Amrik Sokhi
- Sahil Sokhi
What is the registered address of Afcon Gears Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Afcon Gears Private Limited is 98 Hargobind Enclavevikas Marg Ext New India, New Delhi, 110092.
What is the corporate identification number (CIN) and company number of Afcon Gears Private Limited?
The corporate identification number (CIN) of Afcon Gears Private Limited is U34300DL2004PTC130356 and the company number is 130356 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Afcon Gears Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Afcon Gears Private Limited has risen by 7.64%.
How many employees does Afcon Gears Private Limited currently have?
As Per 2022 financial reports, 1 employees are currently employed by Afcon Gears Private Limited.
What change has been observed in the net worth of Afcon Gears Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Afcon Gears Private Limited has experienced an upsurge of 36.96%.
What are the total open charges for Afcon Gears Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Afcon Gears Private Limited amount to ₹ 1.51 Cr.
When was the last Balance Sheet of Afcon Gears Private Limited filed with the ROC?
The most recent Balance Sheet for Afcon Gears Private Limited was filed with the ROC on 31 Mar 2024.
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