Affluence Engineering And Enterprises Limited

Iron and steel trading for Affluence Engineering and Enterprises Limited.

2000 | Hyderabad, Telangana (India) | Active
Last Updated: January 09, 2025

Affluence Engineering And Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.17 Cr
  • Company Age 25 Year, 6 Days
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 17.00 Cr
  • Revenue Growth 403.68%
  • Profit Growth 83.95%
  • Ebitda -263.77%
  • Net Worth -0.43%
  • Total Assets -36.99%

About Affluence Engineering And Enterprises

Affluence Engineering And Enterprises Limited (AEAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 2000 and has a history of 25 years. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Affluence Steel Enterprises Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 4.25 Cr and a paid-up capital of Rs 4.17 Cr.

The company has closed loans amounting to ₹17.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kaarugulla Reddy, Jeelani Shaik, and Lakshman Mukka serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109TG2000PLC033585

  • Company No.

    033585

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2000

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Affluence Engineering And Enterprises?

Board Members (3)

NameDesignationAppointment DateStatus
Kaarugulla Reddy Country flag representing In Additional Director 17-Aug-2020Current
Jeelani Shaik Country flag representing In Additional Director 31-Mar-2017Current
Lakshman Mukka Country flag representing In Additional Director 17-Aug-2020Current

Financial Performance of Affluence Engineering And Enterprises.

Affluence Engineering And Enterprises Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 403.68% increase. The company also saw a substantial improvement in profitability, with a 83.95% increase in profit. The company's net worth dipped by a decrease of 0.43%.

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
403.68%
Revenue from Operations
404.38%
Total Assets
-36.99%
Profit or Loss
83.95%
Net Worth
-0.43%
EBITDA
-263.77%

What is the Ownership and Shareholding Structure of Affluence Engineering And Enterprises?

In 2020, Affluence Engineering And Enterprises had a promoter holding of 93.03% and a public holding of 6.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17.00 Cr

Charges Breakdown by Lending Institutions

  • Lakshmi Vilas Bank Limited : 15.00 Cr
  • Allahabad Bank : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2015Lakshmi Vilas Bank Limited₹15.00 CrSatisfied
15 Apr 2005Allahabad Bank₹2.00 CrSatisfied

How Many Employees Work at Affluence Engineering And Enterprises?

Unlock and access historical data on people associated with Affluence Engineering And Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Affluence Engineering And Enterprises, 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 Affluence Engineering And Enterprises'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 Affluence Engineering And Enterprises

Recent activity within the organization

  • Charges

    A charge registered on 15 Apr 2005 via Charge ID 90262671 with Allahabad Bank was fully satisfied on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge registered on 23 Nov 2015 via Charge ID 10608225 with Lakshmi Vilas Bank Limited was fully satisfied on 10 Feb 2023.

    10 Feb 2023

  • Annual General Meeting

    Affluence Engineering And Enterprises Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Director Appointment

    Kaarugulla Raji Reddy was appointed as a Additional Director was appointed as a Additional Director on 17 Aug 2020 & has been associated with this company since 4 years 6 months .

    17 Aug 2020

  • Director Appointment

    Lakshman Mukka was appointed as a Additional Director was appointed as a Additional Director on 17 Aug 2020 & has been associated with this company since 4 years 6 months .

    17 Aug 2020

  • Balance Sheet

    Affluence Engineering And Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

Frequently asked questions

  • Affluence Engineering And Enterprises Limited was incorporated on 16 Feb 2000.

  • The authorized share capital of Affluence Engineering And Enterprises Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.17 Cr.

  • Currently 3 directors are associated with Affluence Engineering And Enterprises Limited.

    • Kaarugulla Raji Reddy
    • Jeelani Basha Shaik
    • Lakshman Mukka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Affluence Engineering And Enterprises Limited is Plot No. 48 1St Floor Nagarjuna Hills, Punjagutta India, Hyderabad, Telangana, 500082.

  • The corporate identification number (CIN) of Affluence Engineering And Enterprises Limited is U27109TG2000PLC033585 and the company number is 033585 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Affluence Engineering And Enterprises Limited has risen by 403.68%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Affluence Engineering And Enterprises Limited has experienced an downturn of -0.43%.

  • The most recent Balance Sheet for Affluence Engineering And Enterprises Limited was filed with the ROC on 31 Mar 2020.

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