Afimac Associates Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.20 Cr
- Company Age 37 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.50 M
- Revenue Growth 690.61%
- Profit Growth 693.94%
- Ebitda 1181.62%
- Net Worth 931.19%
- Total Assets 69.73%
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 six 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. Siva Sankaran and Ratnagiri Myneni 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
Transport and Logistics
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.
Afimac Associates Private Ltd
Explore comprehensive data for Afimac Associates Private Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Siva Sankaran | Director | 16-Aug-2021 | Current |
| Ratnagiri Myneni | Director | 29-Jun-1999 | Current |
Financial Performance of Afimac Associates.
Afimac Associates Private Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 690.61% increase. The company also saw a substantial improvement in profitability, with a 693.94% increase in profit. The company's net worth Soared by an impressive increase of 931.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Afimac Associates?
In 2022, 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.
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- Mgm Hatcheries Private Limited
Ratnagiri Myneni is a mutual person
- Excel Scales Pvt.Ltd.
Ratnagiri Myneni is a mutual person
Charges (Loans)
Open Charges
₹0.95 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Afimac Associates
Recent activity within the organization
- Annual General Meeting
Afimac Associates Private Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Afimac Associates Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Siva Sankaran was appointed as a Director was appointed as a Director on 16 Aug 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Deepak Raj Bhandari was appointed as a Ceo was appointed as a Ceo on 16 Apr 2019 & has been associated with this company since 6 years 1 month .
- Charges
A charge with Icici Bank Limited amounted to Rs. 0.15 Cr with Charge ID 10557258 was registered on 23 Mar 2015.
- Charges
A charge with Uti Bank Ltd. amounted to Rs. 0.80 Cr with Charge ID 10007507 was registered on 03 Jun 2006.
Frequently asked questions
What is the Incorporation or founding date of Afimac Associates Private Ltd?
Afimac Associates Private Ltd was incorporated on 16 Nov 1987.
What is authorized share capital and paid-up capital of Afimac Associates Private Ltd?
The authorized share capital of Afimac Associates Private Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.20 Cr.
Who are the current board members & directors of Afimac Associates Private Ltd?
Currently 3 directors are associated with Afimac Associates Private Ltd.
- Siva Sankaran
- Ratnagiri Vara Prasada Rao Myneni
- Deepak Raj Bhandari
What is the registered address of Afimac Associates Private Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Afimac Associates Private Ltd is A-10 Okhla Industrial Areaphase-I India, New Delhi.
What is the corporate identification number (CIN) and company number of Afimac Associates Private Ltd?
The corporate identification number (CIN) of Afimac Associates Private Ltd is U74899DL1987PTC029784 and the company number is 029784 as per Ministry of Corporate Affairs (MCA).
What is the official website of Afimac Associates Private Ltd?
The Official website of Afimac Associates Private Ltd is https://www.premairindia.com
What has been the recent revenue trend for Afimac Associates Private Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Afimac Associates Private Ltd has risen by 690.61%.
What change has been observed in the net worth of Afimac Associates Private Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Afimac Associates Private Ltd has experienced an upsurge of 931.19%.
What are the total open charges for Afimac Associates Private Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Afimac Associates Private Ltd amount to ₹ 9.50 M.
When was the last Balance Sheet of Afimac Associates Private Ltd filed with the ROC?
The most recent Balance Sheet for Afimac Associates Private Ltd was filed with the ROC on 31 Mar 2024.
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