Affinity Associates Limited

Provides accounting, bookkeeping, auditing, tax, and IT services since 2005 in Ahmedabad, Gujarat.

2005 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Affinity Associates Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 8.98%
  • Profit Growth -59.06%
  • Ebitda -33.78%
  • Net Worth 9.18%
  • Total Assets 2.40%

About Affinity Associates

Affinity Associates Limited (AAL) is a Public Limited Indian Non-Government Company incorporated in India on 01 June 2005 and has a history of 19 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Affinity Resources Private Limited. The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Mukund Amin, Gaurang Bhadresha, Nirav Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2005PLC046168

  • Company No.

    046168

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2005

  • Date of AGM

    31 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing
Company report

Affinity Associates Limited

Explore comprehensive data for Affinity Associates Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Affinity Associates?

Board Members (4)

NameDesignationAppointment DateStatus
Gaurang Bhadresha Country flag representing In Director 21-Nov-2020Current
Dharmesh Amin Country flag representing Gb Director 24-Jun-2009Current
Mukund Amin Country flag representing Gb Director 01-Dec-2017Current
Nirav Patel Country flag representing In Director 30-Aug-2019Current

Financial Performance of Affinity Associates.

Affinity Associates Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.98% increase. The company also saw a substantial fall in profitability, with a 59.06% decrease in profit. The company's net worth moved up by a moderate rise of 9.18%.

Affinity Associates revenue growth over time
Affinity Associates 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
8.98%
Revenue from Operations
9.16%
Total Assets
2.40%
Profit or Loss
-59.06%
Net Worth
9.18%
EBITDA
-33.78%

What is the Ownership and Shareholding Structure of Affinity Associates?

In 2023, Affinity Associates had a promoter holding of 55.00% and a public holding of 45.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Affinity Associates?

Affinity Associates has a workforce of 9 employees as of Apr 06, 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.

Employee growth trends for Affinity Associates Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Affinity Associates, 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 Affinity Associates'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 Affinity Associates

Recent activity within the organization

  • Annual General Meeting

    Affinity Associates Limited last Annual general meeting of members was held on 31 May 2024 as per latest MCA records.

  • Balance Sheet

    Affinity Associates Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Gaurang Rajubhai Bhadresha was appointed as a Director was appointed as a Director on 21 Nov 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Nirav Maheshbhai Patel was appointed as a Director was appointed as a Director on 30 Aug 2019 & has been associated with this company since 5 years 8 months .

  • Director Appointment

    Mukund Chandubhai Amin was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 7 years 5 months .

  • Director Appointment

    Dharmesh Pradyumanbhai Amin was appointed as a Director was appointed as a Director on 24 Jun 2009 & has been associated with this company since 15 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Affinity Associates Limited?

    Affinity Associates Limited was incorporated on 01 Jun 2005.

  • What is authorized share capital and paid-up capital of Affinity Associates Limited?

    The authorized share capital of Affinity Associates Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Affinity Associates Limited?

    Currently 4 directors are associated with Affinity Associates Limited.

    • Mukund Chandubhai Amin
    • Gaurang Rajubhai Bhadresha
    • Nirav Maheshbhai Patel
    • Dharmesh Pradyumanbhai Amin

  • What is the registered address of Affinity Associates Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Affinity Associates Limited is 1-B 1St Floor B. D. Patel House, Naranpura Road India, Ahmadabad City, Gujarat, 380014.

  • What is the corporate identification number (CIN) and company number of Affinity Associates Limited?

    The corporate identification number (CIN) of Affinity Associates Limited is U72200GJ2005PLC046168 and the company number is 046168 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Affinity Associates Limited?

    The Official website of Affinity Associates Limited is https://www.affinityassociates.com

  • What has been the recent revenue trend for Affinity Associates Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Affinity Associates Limited has risen by 8.98%.

  • How many employees does Affinity Associates Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by Affinity Associates Limited.

  • What change has been observed in the net worth of Affinity Associates Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Affinity Associates Limited has experienced an upsurge of 9.18%.

  • When was the last Balance Sheet of Affinity Associates Limited filed with the ROC?

    The most recent Balance Sheet for Affinity Associates Limited was filed with the ROC on 31 Mar 2024.

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