Afloat Enterprises Limited

Trading metals and commodities, specializing in iron and steel.

2015 | North West Delhi, Delhi (India) | Active
Last Updated: June 30, 2024

Afloat Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 19.56 Cr
  • Paid Up Capital ₹ 4.56 Cr
  • Company Age 10 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth -36.08%
  • Profit Growth 688.55%
  • Ebitda 1.83%
  • Net Worth 1.46%
  • Total Assets 1.40%

About Afloat Enterprises

Afloat Enterprises Limited (AEL) is a Public Limited Indian Non-Government Company incorporated in India on 08 January 2015 and has a history of Ten years. Its registered office is in North West Delhi, Delhi, India.

The Corporate was formerly known as Adishakti Loha And Ispat Private Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 19.56 Cr and a paid-up capital of Rs 4.56 Cr.

The company has closed loans amounting to ₹9.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Afloat Enterprises Limited India are Anshu Aggarwal as CFO and Pallavi Sharma as Company Secretary. Pawan Mittal, Swati Jain, and Lovish Kataria serve as directors at the Company.

Company Details

  • Location

    North West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L46209DL2015PLC275150

  • Company No.

    275150

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Agriculture
Metals and Minerals

Who are the key members and board of directors at Afloat Enterprises?

Executive Team (2)

Name Designation Appointment Date Status
Anshu Aggarwal Country flag representing In CFO 14-Jun-2023 Current
Pallavi Sharma Country flag representing In Company Secretary 16-Feb-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Pawan Mittal Country flag representing In Director 08-Jan-2015 Current
Swati Jain Country flag representing In Director 15-Dec-2021 Current
Lovish Kataria Country flag representing In Director 06-Sep-2023 Current

Financial Performance of Afloat Enterprises.

Afloat Enterprises Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.08% decrease. The company also saw a substantial improvement in profitability, with a 688.55% increase in profit. The company's net worth moved up by a moderate rise of 1.46%.

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
-36.08%
Revenue from Operations
-37.40%
Total Assets
1.40%
Profit or Loss
688.55%
Net Worth
1.46%
EBITDA
1.83%

What is the Ownership and Shareholding Structure of Afloat Enterprises?

In 2023, Afloat Enterprises had a promoter holding of 59.47% and a public holding of 40.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
21 Jun 2021 Others ₹9.00 M Satisfied

How Many Employees Work at Afloat Enterprises?

Unlock and access historical data on people associated with Afloat Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Afloat Enterprises, 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 Afloat Enterprises'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 Afloat Enterprises

Recent activity within the organization

  • Director Appointment

    Pallavi Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 16 Feb 2024 & has been associated with this company since 11 months 16 days .

    16 Feb 2024

  • Annual General Meeting

    Afloat Enterprises Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Lovish Kataria was appointed as a Director was appointed as a Director on 06 Sep 2023 & has been associated with this company since 1 year 4 months .

    06 Sep 2023

  • Director Appointment

    Anshu Aggarwal was appointed as a Cfo was appointed as a Cfo on 14 Jun 2023 & has been associated with this company since 1 year 7 months .

    14 Jun 2023

  • Balance Sheet

    Afloat Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 21 Jun 2021 via Charge ID 100453226 with Others was fully satisfied on 21 Mar 2022.

    21 Mar 2022

Frequently asked questions

  • Afloat Enterprises Limited was incorporated on 08 Jan 2015.

  • The authorized share capital of Afloat Enterprises Limited is ₹ 19.56 Cr and paid-up capital is ₹ 4.56 Cr.

  • Currently 5 directors are associated with Afloat Enterprises Limited.

    • Pawan Kumar Mittal
    • Swati Jain
    • Anshu Aggarwal
    • Pallavi Sharma
    • Lovish Kataria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Afloat Enterprises Limited is Plot 3 Shop 325 Dda C.Cntr Aggarwal Plaza Sec-14, Rohi Ni India, New Delhi, 110085.

  • The corporate identification number (CIN) of Afloat Enterprises Limited is L46209DL2015PLC275150 and the company number is 275150 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Afloat Enterprises Limited is https://www.adishaktiloha.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Afloat Enterprises Limited has fallen by -36.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Afloat Enterprises Limited has experienced an upsurge of 1.46%.

  • The most recent Balance Sheet for Afloat Enterprises Limited was filed with the ROC on 31 Mar 2023.

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