Afg Combustion Private Limited logo

Afg Combustion Private Limited

Designs and manufactures combustion equipment, including flares and burners.
1984 | Dist-Mehsana, Gujarat (India) | Active

Last Updated:

June 22, 2024
HomeCompanyAfg Combustion Private Limited

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

Board Members(4)

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

Financial Performance and Corporate Structure Insights of Afg Combustion.

Afg Combustion Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.41% increase. The company also saw a slight improvement in profitability, with a 9.4% increase in profit. The company's net worth moved up by a moderate rise of 7.79%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
52.41%
Revenue from Operations
49.73%
Total Assets
32.58%
Profit or Loss
9.40%
Net Worth
7.79%
EBITDA
-6.67%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹200.96 Cr

₹71.89 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 09 Feb 2023
₹2.64 MOpen

Hdfc Bank Limited

Creation Date: 17 Dec 2020
₹4.35 MOpen

Canara Bank

Creation Date: 10 Dec 2018
₹1.50 MOpen

How Many Employees Work at Afg Combustion?

Afg Combustion has a workforce of 202 employees as of Apr 09, 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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Latest Updates, News, and FAQs on Afg Combustion

Recent activity within the organization

  • Annual General Meeting

    Afg Combustion Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

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

    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.

    27 Jul 2023

  • Charges

    A charge with Canara Bank of Rs. 200.00 Cr registered on 31 May 2004 with Charge ID 80011015 was modified on 12 Jun 2023.

    12 Jun 2023

  • Balance Sheet

    Afg Combustion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 21 Jul 2018 via Charge ID 100195920 with Others was fully satisfied on 24 Feb 2023.

    24 Feb 2023

Frequently asked questions

  • Afg Combustion Private Limited was incorporated on 07 Apr 1984.

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

  • Currently 4 directors are associated with Afg Combustion Private Limited.

    • Mitesh Mahendra Sanghavi
    • Gautam Hasmukh Sheth
    • Nigel Andrade
    • Damji Champsey Chheda
  • 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, Dist-Mehsana, Gujarat, India, 383341.

  • 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).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Afg Combustion Private Limited has risen by 52.41%.

  • As Per 2023 financial reports, 202 employees are currently employed by Afg Combustion Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Afg Combustion Private Limited has experienced an upsurge of 7.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Afg Combustion Private Limited amount to ₹ 200.96 Cr.

  • The most recent Balance Sheet for Afg Combustion Private Limited was filed with the ROC on 31 Mar 2023.

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