Afex Technologies Private Limited

Manufactures aluminum die casting with 6 machines in Trichy, promoted by K.R. Sundaresan and S.Kannan.

2016 | Trichy, Tamil Nadu (India) | Active
Last Updated: July 19, 2024

Afex Technologies Profile

Key Indicators

  • Authorised Capital ₹ 14.50 Cr
  • Paid Up Capital ₹ 14.27 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.57 Cr
  • Revenue Growth -17.33%
  • Profit Growth 85.02%
  • Ebitda 38.24%
  • Net Worth -1.37%
  • Total Assets 7.14%

About Afex Technologies

Afex Technologies Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 2016 (Eight years and seven months 11 days old ). Its registered office is in Trichy, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 14.50 Cr and a paid-up capital of Rs 14.27 Cr.

The company currently has active open charges totaling ₹20.57 Cr.

The Key Managerial Personnel (KMP) at Afex Technologies Private Limited India is Priya Mundhra as COMPANY SECRETARY. Kothambadi Sundaresan and Sundaresan Srivatsan serve as directors at the Company.

Company Details

  • Location

    Trichy, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    afextech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27184TN2016PTC111470

  • Company No.

    111470

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Afex Technologies?

Executive Team (2)

NameDesignationAppointment DateStatus
Kothambadi Sundaresan Country flag representing In Managing Director11-Sep-2017Current
Priya Mundhra Company Secretary03-May-2023Current

Board Members (1)

NameDesignationAppointment DateStatus
Sundaresan Srivatsan Country flag representing In Additional Director 06-Dec-2019Current

Financial Performance of Afex Technologies.

Afex Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.33% decrease. The company also saw a substantial improvement in profitability, with a 85.02% increase in profit. The company's net worth dipped by a decrease of 1.37%.

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
-17.33%
Revenue from Operations
-17.27%
Total Assets
7.14%
Profit or Loss
85.02%
Net Worth
-1.37%
EBITDA
38.24%

What is the Ownership and Shareholding Structure of Afex Technologies?

In 2023, Afex Technologies had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.57 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 20.57 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2018Indian Bank₹20.57 CrOpen

How Many Employees Work at Afex Technologies?

Afex Technologies has a workforce of 174 employees as of Jul 17, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Afex Technologies, 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 Afex Technologies'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 Afex Technologies

Recent activity within the organization

  • Annual General Meeting

    Afex Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Priya Mundhra was appointed as a Company Secretary was appointed as a Company Secretary on 03 May 2023 & has been associated with this company since 1 year 9 months .

    03 May 2023

  • Balance Sheet

    Afex Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Bank of Rs. 20.57 Cr registered on 31 Mar 2018 with Charge ID 100175580 was modified on 08 Jun 2022.

    08 Jun 2022

  • Director Appointment

    Sundaresan Srivatsan was appointed as a Additional Director was appointed as a Additional Director on 06 Dec 2019 & has been associated with this company since 5 years 2 months .

    06 Dec 2019

  • Charges

    A charge with Indian Bank amounted to Rs. 20.57 Cr with Charge ID 100175580 was registered on 31 Mar 2018.

    31 Mar 2018

Frequently asked questions

  • Afex Technologies Private Limited was incorporated on 15 Jul 2016.

  • The authorized share capital of Afex Technologies Private Limited is ₹ 14.50 Cr and paid-up capital is ₹ 14.27 Cr.

  • Currently 3 directors are associated with Afex Technologies Private Limited.

    • Kothambadi Ramanathan Sundaresan
    • Sundaresan Srivatsan
    • Priya Mundhra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Afex Technologies Private Limited is D-10 Gk Industrial Park Reddimangudi Lalgudi Road Siruganur, Trichy, Tamil Nadu, India, 621105.

  • The corporate identification number (CIN) of Afex Technologies Private Limited is U27184TN2016PTC111470 and the company number is 111470 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Afex Technologies Private Limited is https://www.afextech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Afex Technologies Private Limited has fallen by -17.33%.

  • As Per 2023 financial reports, 174 employees are currently employed by Afex Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Afex Technologies Private Limited has experienced an downturn of -1.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Afex Technologies Private Limited amount to ₹ 20.57 Cr.

  • The most recent Balance Sheet for Afex Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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