Affworld Technologies Private Limited
About Affworld Technologies Private Limited
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Affworld Technologies Private Limited is a private limited company based in Bikaner, Rajasthan, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 August 2022.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2022PTC082948. Its GSTIN is 08AAXCA4278N1ZO (Rajasthan).
The company has an authorised share capital of ₹20,000 and a paid-up capital of ₹20,000. It is led by directors Umashankar Sarswat and Laxmikant Sarswat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Bhagwan Das Lunkaransar, Bikaner, Rajasthan, India – 334603.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.47 Lakh, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹47,903 (net margin -1.6%) and EBITDA of ₹31,437 (EBITDA margin 1.1%).
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- Registered AddressC/O Bhagwan Das Lunkaransar, Bikaner, Rajasthan, India – 334603
- IndustryInformation Technology, Software Development & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Affworld Technologies Private Limited
The main business activity of Affworld Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Affworld Technologies Private Limited FY 2024 filings available
Affworld Technologies Private Limited reported revenue of ₹29.47 Lakh (up 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Affworld Technologies Private Limited
Revenue rose 71% in the latest year. EBITDA rose 427% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Affworld Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹31,437 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹47,903 | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Affworld Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.1% | •••• |
| Net Profit Margin | -1.6% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Affworld Technologies are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Affworld Technologies Private Limited
Affworld Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| IT World Web.Com Private Limited | ₹29.67 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Gurgaon, Haryana, India |
| Zastraka Solutions Private Limited | ₹29.65 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Lotus Trading Strategies Private Limited | ₹29.65 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Lilatech Solutions Private Limited | ₹29.62 Lakh (FY 2025) | •••• | •••• | 65.0% | •••• | Vadodara, Gujarat, India |
| Notamedia Private Limited | ₹29.62 Lakh (FY 2021) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Affworld Technologies Private Limited this company | ₹29.47 Lakh (FY 2024) | •••• | •••• | 71.0% | •••• | Bikaner, Rajasthan, India |
| Optical Fusion Software Services (India) Private Limited | ₹29.41 Lakh (FY 2018) | •••• | •••• | -23.0% | •••• | Bangalore, Karnataka, India |
| Three 13 Solutions Private Limited | ₹29.4 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Rivram IT Solutions Private Limited (OPC) | ₹29.27 Lakh (FY 2025) | •••• | •••• | 417.0% | •••• | Udaipur, Rajasthan, India |
| Adnaa Technologies Private Limited | ₹29.26 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Innoneur IT Ventures Private Limited | ₹29.11 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Trivendrum, Kerala, India |
Peers are the five companies nearest above and the five nearest below Affworld Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Affworld Technologies Private Limited
Affworld Technologies Private Limited is audited by RAMANAND GOYAL & OMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMANAND GOYAL & OMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Affworld Technologies Private Limited
Affworld Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umashankar Sarswat | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Laxmikant Sarswat | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Affworld Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Affworld Technologies Private Limited
Affworld Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Affworld Technologies Private Limited
Affworld Technologies Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Affworld Technologies Private Limited
Affworld Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Laxmikant Sarswat was appointed as Director on 01 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Affworld Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Affworld Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Affworld Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Affworld Technologies Private Limited
Affworld Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAXCA4278N1ZO | Rajasthan | Active | 06 Dec 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Affworld Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Affworld Technologies Private Limited
Affworld Technologies is an active private limited company based in Bikaner, Rajasthan, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 August 2022 (4+ years old) and is registered under CIN U72900RJ2022PTC082948.
Affworld Technologies reported revenue of ₹29.47 Lakh for FY 2024 (up 71% YoY).
Affworld Technologies has 2 current directors:
- Umashankar Sarswat - Director
- Laxmikant Sarswat - Director
Affworld Technologies reported a net loss of ₹47,903 (net margin -1.6%) and EBITDA of ₹31,437 (EBITDA margin 1.1%) for FY 2024, as per its filed financial statements.
The GSTIN of Affworld Technologies is 08AAXCA4278N1ZO, registered in Rajasthan.
The CIN (Corporate Identification Number) of Affworld Technologies is U72900RJ2022PTC082948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affworld Technologies was incorporated on 01 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Affworld Technologies by revenue are IT World Web.Com Private Limited, Zastraka Solutions Private Limited, Lotus Trading Strategies Private Limited, Lilatech Solutions Private Limited, Notamedia Private Limited and 5 more, all in the Information Technology industry (Software Services).
Laxmikant Sarswat was appointed as Director on 01 Aug 2022. Umashankar Sarswat was appointed as Director on 01 Aug 2022.
Yes, Affworld Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Affworld Technologies is at CO Bhagwan Das Lunkaransar, Bikaner, Rajasthan, India – 334603.