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Affinity Power Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 6 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.73 Cr
- Revenue Growth 46.35%
- Profit Growth 42.33%
- Ebitda -193.04%
- Net Worth 102.21%
- Total Assets 24.30%
About Affinity Power
Affinity Power Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2018 (Six years and eight months 4 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹7.73 Cr.
Rangaswamy Ravichandra, Sathish Babu, and Duraiswamy Ranganathan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29309TN2018PTC123446
- Company No.
123446
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jun 2018
- Date of AGM
05 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Affinity Power Private Limited offer?
Affinity Power Private Limited offers a wide range of products and services, including Plant Design & Installation Services, Industrial Equipment Installation, Generators, Turbines & Power Plants, Diesel Engine Generator Set, Repair & Maintenance Services, Machinery Repairs.
Who are the key members and board of directors at Affinity Power?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rangaswamy Ravichandra ![]() | Additional Director | 01-Sep-2024 | Current |
Sathish Babu ![]() | Director | 28-Jun-2018 | Current |
Duraiswamy Ranganathan ![]() | Director | 22-Feb-2020 | Current |
Financial Performance of Affinity Power.
Affinity Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.35% increase. The company also saw a substantial improvement in profitability, with a 42.33% increase in profit. The company's net worth Soared by an impressive increase of 102.21%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Affinity Power?
Unlock access to Affinity Power's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
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Related Corporates (Common Directorship)
- Ranga Electricals Private Limited
Sathish Babu and Duraiswamy Ranganathan are mutual person
- Atlantis Engineering India Private Limited.
Rangaswamy Ravichandra is a mutual person
- Rand On Methods India Private Limited
Rangaswamy Ravichandra is a mutual person
- Ovation Night Events India Private Limited
Sathish Babu is a mutual person
Charges (Loans)
₹77.28 M
₹0
Charges Breakdown by Lending Institutions
- Others : 7.73 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
21 Jul 2023 | Others | ₹5.00 Cr | Open |
10 Sep 2022 | Others | ₹0.70 M | Open |
12 Aug 2022 | Others | ₹5.08 M | Open |
07 Jul 2022 | Others | ₹1.17 M | Open |
09 Jan 2019 | Others | ₹1.89 Cr | Open |
How Many Employees Work at Affinity Power?
Affinity Power has a workforce of 31 employees as of Apr 08, 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.
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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Affinity Power, 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 Power's trajectory.
Rating
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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
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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 Power
Recent activity within the organization
- Director Appointment
Rangaswamy Kumar Ravichandra was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2024 & has been associated with this company since 6 months .
- Annual General Meeting
Affinity Power Private Limited last Annual general meeting of members was held on 05 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 50.00 M with Charge ID 100752064 was registered on 21 Jul 2023.
- Balance Sheet
Affinity Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 0.70 M with Charge ID 100626502 was registered on 10 Sep 2022.
- Charges
A charge with Others amounted to Rs. 5.08 M with Charge ID 100646025 was registered on 12 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Affinity Power Private Limited?
Affinity Power Private Limited was incorporated on 28 Jun 2018.
What is authorized share capital and paid-up capital of Affinity Power Private Limited?
The authorized share capital of Affinity Power Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Affinity Power Private Limited?
Currently 3 directors are associated with Affinity Power Private Limited.
- Rangaswamy Kumar Ravichandra
- Sathish Babu
- Duraiswamy Pillai Ranganathan
What is the registered address of Affinity Power Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Affinity Power Private Limited is No.134/1-B Thilagar Street, Saligramam India, Chennai, Tamil Nadu, 600093.
What is the corporate identification number (CIN) and company number of Affinity Power Private Limited?
The corporate identification number (CIN) of Affinity Power Private Limited is U29309TN2018PTC123446 and the company number is 123446 as per Ministry of Corporate Affairs (MCA).
What is the official website of Affinity Power Private Limited?
The Official website of Affinity Power Private Limited is https://www.affinitypowers.com
What has been the recent revenue trend for Affinity Power Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Affinity Power Private Limited has risen by 46.35%.
How many employees does Affinity Power Private Limited currently have?
As Per 2023 financial reports, 31 employees are currently employed by Affinity Power Private Limited.
What change has been observed in the net worth of Affinity Power Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Affinity Power Private Limited has experienced an upsurge of 102.21%.
What are the total open charges for Affinity Power Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Affinity Power Private Limited amount to ₹ 7.73 Cr.
When was the last Balance Sheet of Affinity Power Private Limited filed with the ROC?
The most recent Balance Sheet for Affinity Power Private Limited was filed with the ROC on 31 Mar 2023.
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