Afro Asia Equipments Profile
Key Indicators
- Authorised Capital ₹ 9.05 Cr
- Paid Up Capital ₹ 8.04 Cr
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.63 Cr
- Revenue Growth -84.95%
- Profit Growth 21.04%
- Ebitda 15.02%
- Net Worth -429.43%
- Total Assets -85.98%
About Afro Asia Equipments
Afro Asia Equipments Private Limited (AAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 2013 and has a history of 11 years and four months. Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
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.
Afro Asia Equipments Private Limited
Explore comprehensive data for Afro Asia Equipments Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 LimitedUsama Barwani and Sushil Srivastava are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2.63 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 2.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2014 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.50 Cr | Satisfied |
| 07 Aug 2014 | The Hongkong And Shanghai Banking Corporation Limited | ₹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.
Latest Updates, News, and FAQs on Afro Asia Equipments
Recent activity within the organization
- Annual General Meeting
Afro Asia Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Afro Asia Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 07 Aug 2014 via Charge ID 10513094 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 25 Apr 2017.
- Charges
A charge registered on 07 Aug 2014 via Charge ID 10513096 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 25 Apr 2017.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.50 Cr with Charge ID 10513094 was registered on 07 Aug 2014.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.13 Cr with Charge ID 10513096 was registered on 07 Aug 2014.
Frequently asked questions
What is the Incorporation or founding date of Afro Asia Equipments Private Limited?
Afro Asia Equipments Private Limited was incorporated on 24 Oct 2013.
What is authorized share capital and paid-up capital of Afro Asia Equipments Private Limited?
The authorized share capital of Afro Asia Equipments Private Limited is ₹ 9.05 Cr and paid-up capital is ₹ 8.04 Cr.
Who are the current board members & directors of Afro Asia Equipments Private Limited?
Currently 3 directors are associated with Afro Asia Equipments Private Limited.
- Usama Mohamed Ali Al Barwani
- Sushil Kumar Srivastava
- Arif Abdul Hammed Amur Al Kiyumi
What is the registered address of Afro Asia Equipments Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Afro Asia Equipments Private Limited is 496/4 2Nd Floor 10Th Cross, Near Bashyam Circle Sadashivanagar India, Bangalore, Karnataka, 560080.
What is the corporate identification number (CIN) and company number of Afro Asia Equipments Private Limited?
The corporate identification number (CIN) of Afro Asia Equipments Private Limited is U52300KA2013PTC071567 and the company number is 071567 as per Ministry of Corporate Affairs (MCA).
What is the official website of Afro Asia Equipments Private Limited?
The Official website of Afro Asia Equipments Private Limited is https://www.afroasiaeq.com
What has been the recent revenue trend for Afro Asia Equipments Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Afro Asia Equipments Private Limited has fallen by -84.95%.
How many employees does Afro Asia Equipments Private Limited currently have?
As Per 2020 financial reports, 2 employees are currently employed by Afro Asia Equipments Private Limited.
What change has been observed in the net worth of Afro Asia Equipments Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Afro Asia Equipments Private Limited has experienced an downturn of -429.43%.
When was the last Balance Sheet of Afro Asia Equipments Private Limited filed with the ROC?
The most recent Balance Sheet for Afro Asia Equipments Private Limited was filed with the ROC on 31 Mar 2024.
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