Afsons Industrial Corporation Limited
Produces paper and paper products for various industries.
1959 | Mumbai, Maharashtra (India) | Active
Afsons Industrial Corporation Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.49 M
- Company Age 65 Year, 7 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 seven 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1959PLC011460
- Company No.
011460
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Sep 1959
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
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.
Afsons Industrial Corporation Limited
Explore comprehensive data for Afsons Industrial Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Afsons Industrial Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Taherali Kagalwala  | Managing Director | 11-Dec-1967 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Zainab Kagalwala | Director | 30-Oct-2005 | Current |
| Zohair Fidvi | Director | 30-Sep-2011 | Current |
| Moiz Kagalwalla | Director | 27-Jun-2003 | Current |
| Asif Lampwala | Director | 30-Sep-2011 | Current |
| Zakiya Kagalwala | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Nagpur Agricultural Equipments Engineers Private LimitedZohair Fidvi is a mutual person
Advani Law LlpAsif Lampwala is a mutual person
Charges (Loans)
Open Charges
₹0.16 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Afsons Industrial Corporation
Recent activity within the organization
- Annual General Meeting
Afsons Industrial Corporation Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100270044 was registered on 14 Jun 2019.
- Balance Sheet
Afsons Industrial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
- Director Appointment
Zakiya Taherali Kagalwala was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 7 months .
- Director Appointment
Zohair Husain Abdul Husain Fidvi was appointed as a Director was appointed as a Director on 30 Sep 2011 & has been associated with this company since 13 years 7 months .
- Director Appointment
Asif Lampwala was appointed as a Director was appointed as a Director on 30 Sep 2011 & has been associated with this company since 13 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Afsons Industrial Corporation Limited?
Afsons Industrial Corporation Limited was incorporated on 23 Sep 1959.
What is authorized share capital and paid-up capital of Afsons Industrial Corporation Limited?
The authorized share capital of Afsons Industrial Corporation Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.49 M.
Who are the current board members & directors of Afsons Industrial Corporation Limited?
Currently 6 directors are associated with Afsons Industrial Corporation Limited.
- Zohair Husain Abdul Husain Fidvi
- Moiz Abdullabhai Kagalwalla
- Zainab Ashfaq Kagalwala
- Asif Lampwala
- Zakiya Taherali Kagalwala
- Taherali Abdulla Bhai Kagalwala
What is the registered address of Afsons Industrial Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Afsons Industrial Corporation Limited is 18 Shamaldas Gandhi Marg Fidaalli Building 1St Floor, India, Mumbai, Maharashtra, 400002.
What is the corporate identification number (CIN) and company number of Afsons Industrial Corporation Limited?
The corporate identification number (CIN) of Afsons Industrial Corporation Limited is U99999MH1959PLC011460 and the company number is 011460 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Afsons Industrial Corporation Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Afsons Industrial Corporation Limited has fallen by -10.52%.
How many employees does Afsons Industrial Corporation Limited currently have?
As Per 2019 financial reports, 30 employees are currently employed by Afsons Industrial Corporation Limited.
What change has been observed in the net worth of Afsons Industrial Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Afsons Industrial Corporation Limited has experienced an downturn of -4.19%.
What are the total open charges for Afsons Industrial Corporation Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Afsons Industrial Corporation Limited amount to ₹ 1.63 M.
When was the last Balance Sheet of Afsons Industrial Corporation Limited filed with the ROC?
The most recent Balance Sheet for Afsons Industrial Corporation Limited was filed with the ROC on 31 Mar 2019.
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