Afimac Associates Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.20 Cr
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.50 M
- Revenue Growth 314.20%
- Profit Growth 601.22%
- Ebitda 506.71%
- Net Worth 105.07%
- Total Assets -37.47%
About Afimac Associates
Afimac Associates Private Ltd (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1987 and has a history of 37 years and three months. Its registered office is in New Delhi, Delhi.
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 5.00 Cr and a paid-up capital of Rs 4.20 Cr.
The company currently has active open charges totaling ₹9.50 M.
The Key Managerial Personnel (KMP) at Afimac Associates Private Ltd India is Deepak Bhandari as CEO. Ratnagiri Myneni and Siva Sankaran serve as directors at the Company.
Company Details
- Location New Delhi, Delhi
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74899DL1987PTC029784
- Company No.
029784
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1987
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Afimac Associates Private Ltd offer?
Afimac Associates Private Ltd offers a wide range of products and services, including Air Conditioner, Air Conditioner Units, Automotive Oils, Engine Oil, Air Travel Services, Helicopter Rental Services, Air Taxi, Bus Rentals & Services.
Who are the key members and board of directors at Afimac Associates?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Bhandari  | CEO | 16-Apr-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ratnagiri Myneni | Director | 29-Jun-1999 | Current |
| Siva Sankaran | Director | 16-Aug-2021 | Current |
Financial Performance of Afimac Associates.
Afimac Associates Private Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 314.2% increase. The company also saw a substantial improvement in profitability, with a 601.22% increase in profit. The company's net worth Soared by an impressive increase of 105.07%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Afimac Associates?
In 2020, Afimac Associates had a promoter holding of 46.41% and a public holding of 53.59%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aap Media Private LimitedSiva Sankaran is a mutual person
Mgm Hatcheries Private LimitedRatnagiri Myneni is a mutual person
- Excel Scales Pvt.Ltd.
Ratnagiri Myneni is a mutual person
- Kancord Wires Private Limited
Siva Sankaran is a mutual person
Charges (Loans)
₹0.95 Cr
₹0
Charges Breakdown by Lending Institutions
- Uti Bank Ltd. : 0.80 Cr
- Icici Bank Limited : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2015 | Icici Bank Limited | ₹1.50 M | Open |
| 03 Jun 2006 | Uti Bank Ltd. | ₹8.00 M | Open |
How Many Employees Work at Afimac Associates?
Unlock and access historical data on people associated with Afimac Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Afimac Associates, 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 Afimac Associates's trajectory.
Rating
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
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.
