Afford Air-Express Private Limited

Founded in 2008 and headquartered in Maharashtra, India.

2008 | Thane, Maharashtra (India) | Active
Last Updated: December 23, 2024

Afford Air-Express Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -44.55%
  • Profit Growth -1766.55%
  • Ebitda -7323.63%
  • Net Worth -25.47%
  • Total Assets -57.05%

About Afford Air-Express

Afford Air-Express Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 February 2008 and has a history of 16 years and 11 months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Vinod Warrier, Sajikumar Nair, and Chockalingam Manikandan serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63013MH2008PTC179144

  • Company No.

    179144

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Afford Air-Express?

Board Members (3)

Name Designation Appointment Date Status
Vinod Warrier Country flag representing In Director 12-Apr-2010 Current
Sajikumar Nair Country flag representing In Director 20-Feb-2008 Current
Chockalingam Manikandan Country flag representing In Director 20-Feb-2008 Current

Financial Performance of Afford Air-Express.

Afford Air-Express Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.55% decrease. The company also saw a substantial fall in profitability, with a 1766.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.47%.

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
-44.55%
Revenue from Operations
-44.06%
Total Assets
-57.05%
Profit or Loss
-1766.55%
Net Worth
-25.47%
EBITDA
-7323.63%

What is the Ownership and Shareholding Structure of Afford Air-Express?

In 2021, Afford Air-Express had a promoter holding of 100.00%. 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 Afford Air-Express?

Afford Air-Express has a workforce of 2 employees as of Apr 10, 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 Afford Air-Express, 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 Afford Air-Express'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 Afford Air-Express

Recent activity within the organization

  • Annual General Meeting

    Afford Air-Express Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Afford Air-Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vinod Rajan Warrier was appointed as a Director was appointed as a Director on 12 Apr 2010 & has been associated with this company since 14 years 9 months .

    12 Apr 2010

  • Director Appointment

    Sajikumar Prabhakaran Nair was appointed as a Director was appointed as a Director on 20 Feb 2008 & has been associated with this company since 16 years 11 months .

    20 Feb 2008

  • Director Appointment

    Chockalingam Manikandan was appointed as a Director was appointed as a Director on 20 Feb 2008 & has been associated with this company since 16 years 11 months .

    20 Feb 2008

  • Company Incorporation

    Afford Air-Express Private Limited was registered on 20 Feb 2008 with Roc Mumbai & aged 16 years 11 months as per MCA records.

    20 Feb 2008

Frequently asked questions

  • Afford Air-Express Private Limited was incorporated on 20 Feb 2008.

  • The authorized share capital of Afford Air-Express Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Afford Air-Express Private Limited.

    • Vinod Rajan Warrier
    • Sajikumar Prabhakaran Nair
    • Chockalingam Manikandan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Afford Air-Express Private Limited is B Wing 6Th Floor Kukreja Centre Sector 11, Cbd Belapur India, Navi Mumbai, Maharashtra, 400614.

  • The corporate identification number (CIN) of Afford Air-Express Private Limited is U63013MH2008PTC179144 and the company number is 179144 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Afford Air-Express Private Limited is https://www.afford.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Afford Air-Express Private Limited has fallen by -44.55%.

  • As Per 2021 financial reports, 2 employees are currently employed by Afford Air-Express Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Afford Air-Express Private Limited has experienced an downturn of -25.47%.

  • The most recent Balance Sheet for Afford Air-Express Private Limited was filed with the ROC on 31 Mar 2024.