Afg Combustion Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.53 Cr
- Company Age 40 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 200.96 Cr
- Satisfied Charges ₹ 71.89 Cr
- Revenue Growth 52.41%
- Profit Growth 9.40%
- Ebitda -6.67%
- Net Worth 7.79%
- Total Assets 32.58%
About Afg Combustion
Afg Combustion Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1984 and has a history of 40 years and nine months. Its registered office is in Dist-Mehsana, Gujarat, India.
The Corporate was formerly known as Airoil Flaregas (India) Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.53 Cr.
The company currently has active open charges totaling ₹200.96 Cr. The company has closed loans amounting to ₹71.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mitesh Sanghavi, Gautam Sheth, Nigel Andrade, and One other member serve as directors at the Company.
Company Details
- Location
Dist-Mehsana, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U24110GJ1984PTC006875
- Company No.
006875
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Apr 1984
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Afg Combustion Private Limited offer?
Afg Combustion Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Seals, Drum Seals, Pollution Control Devices & Machines, Air Pollution Control Equipment, Chemical Reactors and Process Tanks, Pressure Vessels, Safety Equipment & Systems, Safety Equipment, Furnace Burners.
Who are the key members and board of directors at Afg Combustion?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nigel Andrade  | Director | 06-Feb-2014 | Current |
| Mitesh Sanghavi | Whole-Time Director | 21-Mar-2014 | Current |
| Damji Chheda | Whole-Time Director | 29-Sep-1995 | Current |
| Gautam Sheth | Director | 01-Sep-1995 | Current |
Financial Performance of Afg Combustion.
Afg Combustion Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.41% increase. The company also saw a slight improvement in profitability, with a 9.4% increase in profit. The company's net worth moved up by a moderate rise of 7.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Afg Combustion?
In 2023, Afg Combustion 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)
Tlt Engineering India Pvt LtdMitesh Sanghavi, Gautam Sheth and 2 more are mutual person
Cfe-Hs Technology Private LimitedMitesh Sanghavi and Gautam Sheth are mutual person
Koerting Engineering Private LimitedGautam Sheth and Nigel Andrade are mutual person
Gamut Technologies Private Limited.Mitesh Sanghavi and Gautam Sheth are mutual person
G Sheth Realtors LlpMitesh Sanghavi and Gautam Sheth are mutual person
- H S Equipment Pvt Ltd
Mitesh Sanghavi, Gautam Sheth and 1 more are mutual person
Charges (Loans)
₹200.96 Cr
₹71.89 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 200.15 Cr
- Hdfc Bank Limited : 0.44 Cr
- Axis Bank Limited : 0.26 Cr
- Others : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2023 | Axis Bank Limited | ₹2.64 M | Open |
| 17 Dec 2020 | Hdfc Bank Limited | ₹4.35 M | Open |
| 10 Dec 2018 | Canara Bank | ₹1.50 M | Open |
| 14 Oct 2017 | Others | ₹1.15 M | Open |
| 31 May 2004 | Canara Bank | ₹200.00 Cr | Open |
How Many Employees Work at Afg Combustion?
Afg Combustion has a workforce of 202 employees as of Apr 09, 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 Afg Combustion, 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 Afg Combustion'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.
