Afsons Industrial Corporation Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.49 M
- Company Age 65 Year, 4 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 1.63 M
- Revenue Growth -10.52%
- Profit Growth 59.13%
- Ebitda 13.62%
- Net Worth -4.19%
- Total Assets -2.55%
About Afsons Industrial Corporation
Afsons Industrial Corporation Limited (AICL) was founded in India on 23 September 1959 and has a glorious history of 65 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 2.49 M.
The company currently has active open charges totaling ₹1.63 M.
Zohair Fidvi, Moiz Kagalwalla, Zainab Kagalwala, and Three other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U99999MH1959PLC011460
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Company No.
011460
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Sep 1959
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Date of AGM
30 Sep 2019
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Date of Balance Sheet
31 Mar 2019
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Afsons Industrial Corporation Limited offer?
Afsons Industrial Corporation Limited offers a wide range of products and services, including Insulators & Insulation Materials, Millboard.
Who are the key members and board of directors at Afsons Industrial Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Taherali Kagalwala
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Managing Director | 11-Dec-1967 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Zainab Kagalwala
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Director | 30-Oct-2005 | Current |
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Zohair Fidvi
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Director | 30-Sep-2011 | Current |
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Moiz Kagalwalla
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Director | 27-Jun-2003 | Current |
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Asif Lampwala
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Director | 30-Sep-2011 | Current |
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Zakiya Kagalwala
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Director | 30-Sep-2016 | Current |
Financial Performance of Afsons Industrial Corporation.
Afsons Industrial Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 10.52% decrease. The company also saw a substantial improvement in profitability, with a 59.13% increase in profit. The company's net worth dipped by a decrease of 4.19%.
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What is the Ownership and Shareholding Structure of Afsons Industrial Corporation?
In 2019, Afsons Industrial Corporation had a promoter holding of 28.36% and a public holding of 71.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Nagpur Agricultural Equipments Engineers Private LimitedZohair Fidvi is a mutual person
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Advani Law LlpAsif Lampwala is a mutual person
Charges (Loans)
₹0.16 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 0.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2019 | Others | ₹1.63 M | Open |
How Many Employees Work at Afsons Industrial Corporation?
Afsons Industrial Corporation has a workforce of 30 employees as of Mar 28, 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 Afsons Industrial Corporation, 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 Afsons Industrial Corporation'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.