Afri Ventures (India) Private Limited

Trading agro-based products and diversified in various categories across Africa.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Afri Ventures (India) Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 22.50 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Revenue Growth 4.20%
  • Profit Growth -103.14%
  • Ebitda -116.52%
  • Net Worth -11.39%
  • Total Assets -47.71%

About Afri Ventures (India)

Afri Ventures (India) Private Limited (AVIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 December 2009 and has a history of 15 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Afri Ventures (India) 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 23.00 Cr and a paid-up capital of Rs 22.50 Cr.

The company currently has active open charges totaling ₹15.00 Cr.

The Key Managerial Personnel (KMP) at Afri Ventures (India) Private Limited India is Ankita Sharma as COMPANY SECRETARY. Tarun Kumar, Rajeev Jain, and Dharmesh Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kewalramchanrai.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100MH2009PTC198220

  • Company No.

    198220

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 2009

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does Afri Ventures (India) Private Limited offer?

Afri Ventures (India) Private Limited offers a wide range of products and services, including Dry Leaves, Dry Hibiscus Flower.

Who are the key members and board of directors at Afri Ventures (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ankita Sharma Company Secretary22-May-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajeev Jain Country flag representing In Director 31-Dec-2009Current
Tarun Kumar Country flag representing In Director 31-Dec-2009Current
Dharmesh Shah Country flag representing In Director 08-May-2024Current

Financial Performance of Afri Ventures (India).

Afri Ventures (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial fall in profitability, with a 103.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.39%.

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
4.20%
Revenue from Operations
5.21%
Total Assets
-47.71%
Profit or Loss
-103.14%
Net Worth
-11.39%
EBITDA
-116.52%

What is the Ownership and Shareholding Structure of Afri Ventures (India)?

In 2023, Afri Ventures (India) 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

₹15.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2021Standard Chartered Bank₹15.00 CrOpen

How Many Employees Work at Afri Ventures (India)?

Unlock and access historical data on people associated with Afri Ventures (India), 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 Afri Ventures (India), 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 Afri Ventures (India)'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 Afri Ventures (India)

Recent activity within the organization

  • Director Appointment

    Ankita Lokendra Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 22 May 2024 & has been associated with this company since 9 months 1 day .

    22 May 2024

  • Director Appointment

    Dharmesh Bharat Shah was appointed as a Director was appointed as a Director on 08 May 2024 & has been associated with this company since 9 months 15 days .

    08 May 2024

  • Annual General Meeting

    Afri Ventures (India) Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Balance Sheet

    Afri Ventures (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 15.00 Cr with Charge ID 100470294 was registered on 13 Aug 2021.

    13 Aug 2021

  • Director Appointment

    Tarun Das Kumar was appointed as a Director was appointed as a Director on 31 Dec 2009 & has been associated with this company since 15 years 1 month .

    31 Dec 2009

Frequently asked questions

  • Afri Ventures (India) Private Limited was incorporated on 31 Dec 2009.

  • The authorized share capital of Afri Ventures (India) Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 22.50 Cr.

  • Currently 4 directors are associated with Afri Ventures (India) Private Limited.

    • Tarun Das Kumar
    • Rajeev Jain
    • Dharmesh Bharat Shah
    • Ankita Lokendra Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Afri Ventures (India) Private Limited is Office /Unit No. A-204 2Nd Floor Citi Point J. B. Nagar Andheri Kurla Road, (East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Afri Ventures (India) Private Limited is U51100MH2009PTC198220 and the company number is 198220 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Afri Ventures (India) Private Limited is https://www.kewalramchanrai.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Afri Ventures (India) Private Limited has risen by 4.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Afri Ventures (India) Private Limited has experienced an downturn of -11.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Afri Ventures (India) Private Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Afri Ventures (India) Private Limited was filed with the ROC on 31 Mar 2023.

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