Afg Combustion Private Limited

Designs and manufactures combustion equipment, including flares and burners.

1984 | Dist-Mehsana, Gujarat (India) | Active
Last Updated:

Afg Combustion Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.53 Cr
  • Company Age 41 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 265.53 Cr
  • Satisfied Charges ₹ 72.32 Cr
  • Revenue Growth 34.98%
  • Profit Growth 79.53%
  • Ebitda 85.23%
  • Net Worth 13.50%
  • Total Assets 18.26%

About Afg Combustion

Afg Combustion Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1984 and has a history of 41 years. Its registered office is in Dist-Mehsana, Gujarat.

The Corporate was formerly known as Airoil Flaregas (India) Private Limited. The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 8.53 Cr.

The company currently has active open charges totaling ₹265.53 Cr. The company has closed loans amounting to ₹72.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gautam Sheth, Mitesh Sanghavi, Damji Chheda, and One other member serve as directors at the Company.

Company Details

  • Location Dist-Mehsana, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110GJ1984PTC006875

  • Company No.

    006875

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Afg Combustion Private Limited offer?

Afg Combustion Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Seals, Drum Seals, Pollution Control Devices & Machines, Air Pollution Control Equipment, Chemical Reactors and Process Tanks, Pressure Vessels, Safety Equipment & Systems, Safety Equipment, Furnace Burners.

Company report

Afg Combustion Private Limited

Explore comprehensive data for Afg Combustion Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Afg Combustion?

Board Members (4)

NameDesignationAppointment DateStatus
Nigel Andrade Country flag representing In Director 06-Feb-2014Current
Mitesh Sanghavi Country flag representing In Whole-Time Director 21-Mar-2014Current
Damji Chheda Country flag representing In Director 29-Sep-1995Current
Gautam Sheth Country flag representing In Director 01-Sep-1995Current

Financial Performance of Afg Combustion.

Afg Combustion Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 34.98% increase. The company also saw a substantial improvement in profitability, with a 79.53% increase in profit. The company's net worth Soared by an impressive increase of 13.5%.

Afg Combustion revenue growth over time
Afg Combustion 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
34.98%
Revenue from Operations
36.70%
Total Assets
18.26%
Profit or Loss
79.53%
Net Worth
13.50%
EBITDA
85.23%

What is the Ownership and Shareholding Structure of Afg Combustion?

In 2024, Afg Combustion 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)

Open Charges

₹265.53 Cr

Satisfied Charges

₹72.32 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 265.15 Cr
  • Axis Bank Limited : 0.26 Cr
  • Others : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2023Canara Bank₹65.00 CrOpen
09 Feb 2023Axis Bank Limited₹2.64 MOpen
10 Dec 2018Canara Bank₹1.50 MOpen
14 Oct 2017Others₹1.15 MOpen
31 May 2004Canara Bank₹200.00 CrOpen

How Many Employees Work at Afg Combustion?

Afg Combustion has a workforce of 202 employees as of Mar 24, 2025. 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 Afg Combustion Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Afg Combustion, 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 Afg Combustion'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 Afg Combustion

Recent activity within the organization

  • Charges

    A charge registered on 17 Dec 2020 via Charge ID 100405034 with Hdfc Bank Limited was fully satisfied on 07 Dec 2024.

  • Annual General Meeting

    Afg Combustion Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Afg Combustion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Canara Bank amounted to Rs. 65.00 Cr with Charge ID 100840419 was registered on 12 Dec 2023.

  • Charges

    A charge registered on 23 Jan 2018 via Charge ID 100158829 with Others was fully satisfied on 05 Aug 2023.

  • Charges

    A charge registered on 18 Jul 2020 via Charge ID 100356866 with Canara Bank was fully satisfied on 27 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Afg Combustion Private Limited?

    Afg Combustion Private Limited was incorporated on 07 Apr 1984.

  • What is authorized share capital and paid-up capital of Afg Combustion Private Limited?

    The authorized share capital of Afg Combustion Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.53 Cr.

  • Who are the current board members & directors of Afg Combustion Private Limited?

    Currently 4 directors are associated with Afg Combustion Private Limited.

    • Gautam Hasmukh Sheth
    • Mitesh Mahendra Sanghavi
    • Damji Champsey Chheda
    • Nigel Andrade
  • What is the registered address of Afg Combustion Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Afg Combustion Private Limited is Survey No 788 Opp Torrentlaboratories Ltd Kalol Mehsana Highway Indrad India, Dist-Mehsana, Gujarat, 383341.

  • What is the corporate identification number (CIN) and company number of Afg Combustion Private Limited?

    The corporate identification number (CIN) of Afg Combustion Private Limited is U24110GJ1984PTC006875 and the company number is 006875 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Afg Combustion Private Limited?

    The Official website of Afg Combustion Private Limited is https://www.airoilflaregas.com

  • What has been the recent revenue trend for Afg Combustion Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Afg Combustion Private Limited has risen by 34.98%.

  • How many employees does Afg Combustion Private Limited currently have?

    As Per 2024 financial reports, 202 employees are currently employed by Afg Combustion Private Limited.

  • What change has been observed in the net worth of Afg Combustion Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Afg Combustion Private Limited has experienced an upsurge of 13.50%.

  • What are the total open charges for Afg Combustion Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Afg Combustion Private Limited amount to ₹ 265.53 Cr.

  • When was the last Balance Sheet of Afg Combustion Private Limited filed with the ROC?

    The most recent Balance Sheet for Afg Combustion Private Limited was filed with the ROC on 31 Mar 2024.

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