Afro Asia Equipments Profile
Key Indicators
- Authorised Capital ₹ 9.05 Cr
as on 05-12-2024
- Paid Up Capital ₹ 8.04 Cr
as on 05-12-2024
- Company Age 11 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.63 Cr
as on 05-12-2024
- Revenue -84.95%
(FY 2020)
- Profit 21.04%
(FY 2020)
- Ebitda 15.02%
(FY 2020)
- Net Worth -429.43%
(FY 2020)
- Total Assets -85.98%
(FY 2020)
About Afro Asia Equipments
The Company is engaged in the Machinery And Equipment 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 9.05 Cr and a paid-up capital of Rs 8.04 Cr.
The company has closed loans amounting to ₹2.63 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Usama Barwani, Sushil Srivastava, and Arif Kiyumi serve as directors at the Company.
- CIN/LLPIN
U52300KA2013PTC071567
- Company No.
071567
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Oct 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Afro Asia Equipments Private Limited offer?
Afro Asia Equipments Private Limited offers a wide range of products and services, including Excavator Rental, Kubota Excavator Rental.
Who are the key members and board of directors at Afro Asia Equipments?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Usama Barwani  | Director | 24-Oct-2013 | Current |
Sushil Srivastava  | Director | 30-Oct-2013 | Current |
| Arif Kiyumi | Director | 30-Oct-2013 | Current |
Financial Performance of Afro Asia Equipments.
Afro Asia Equipments Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 84.95% decrease. The company also saw a substantial improvement in profitability, with a 21.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 429.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Afro Asia Equipments?
In 2019, Afro Asia Equipments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mb Informatics Private LimitedActive 17 years 5 monthsUsama Barwani and Sushil Srivastava are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 07 Aug 2014 | ₹2.50 Cr | Satisfied |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 07 Aug 2014 | ₹1.25 M | Satisfied |
How Many Employees Work at Afro Asia Equipments?
Afro Asia Equipments has a workforce of 2 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Afro Asia Equipments, 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 Afro Asia Equipments'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.
