Afrindi Venture Private Limited

Afrindi Venture Private Limited - information technology in Vasai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72501MH2017PTC296559 Incorporated 24 June 2017 ROC Mumbai HQ Vasai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4 Lakh
Latest filing
Net loss · FY 2024
₹72,296
Net margin -18.1%
EBITDA · FY 2024
-₹72,296
EBITDA margin -18.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Afrindi Venture Private Limited

Data last updated:

Afrindi Venture Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2017PTC296559. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Pratik Kishor Sanghavi and Ashwini Vinod Suvase.

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 Vasai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹4 Lakh. For the same year it recorded a net loss of ₹72,296 (net margin -18.1%) and EBITDA of -₹72,296 (EBITDA margin -18.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over five years.

The company is associated with 1 brand: TmTask.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72501MH2017PTC296559
Registration Number 296559
Incorporation Date 24 June 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Afrindi Venture Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    S No 3 New Shivam Shripal Complex, Virar West, Vasai, Maharashtra, India – 401303
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Afrindi Venture Private Limited, buy the company report.

Comprehensive company report
Afrindi Venture Private Limited - one report that includes everything
  • 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
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Brands

Afrindi Venture operates one associated brand: TmTask. Each brand links to its own profile.

BrandDescriptionWebsite
Provides a web and mobile application for time tracking.tmtask.com

Business activity

The main business activity of Afrindi Venture is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Afrindi Venture Private Limited, buy the company report.

Financials of Afrindi Venture Private Limited

FY 2024 filings available

Afrindi Venture Private Limited reported revenue of ₹4 Lakh for FY 2024.

Revenue · FY 2024
₹4 Lakh
Net loss · FY 2024
₹72,296 margin -18.1%
EBITDA · FY 2024
-₹72,296 margin -18.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
5 years · compounded
▼ 16%
EBITDA CAGR growth
5 years · compounded
▼ 35%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹72,296
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹72,296
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-18.1%
Net Profit Margin-18.1%
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

To see the full financial statements and ratios of Afrindi Venture Private Limited, buy the company report.

Board of directors of Afrindi Venture Private Limited

Afrindi Venture has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pratik Kishor SanghaviDirector24 Jun 20179 Years 4 MonthsCurrent
Ashwini Vinod SuvaseDirector20 Dec 20241 Years 10 MonthsCurrent
Jagruti Hiren PasadDirector20 Dec 20241 Years 10 MonthsCurrent

Peer comparison

Afrindi Venture Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Genius India Research and Training Institute Private Limited₹4 Lakh (FY 2022)6.0%Mumbai, Maharashtra, India
Mabison Private Limited₹4 Lakh (FY 2025)33.0%Ankleshwar, Gujarat, India
Yolo Product Private Limited₹4 Lakh (FY 2016)-10.0%New Delhi, Delhi, India
Technovision Instru. Solutions Private Limited₹4 Lakh (FY 2024)-73.0%Aurangabad, Maharashtra, India
Manav Precision Engineers Private Limited₹4 Lakh (FY 2024)-18.0%Bangalore, Karnataka, India
Afrindi Venture Private Limitedthis company₹4 Lakh (FY 2024)-₹72,296-18.1%Vasai, Maharashtra, India
Alianza Distribution Services Private Limited₹4 Lakh (FY 2024)10.0%Aurangabad, Maharashtra, India
Dyanprasad Solar Technologies Private Limited₹4 Lakh (FY 2018)Pune, Maharashtra, India
G N R C Infotech Private Limited₹4 Lakh (FY 2018)Assam, India
Moncac Investment Consultancy Private Limited₹4 Lakh (FY 2018)Jaipur, Rajasthan, India

To see the full peer comparison of Afrindi Venture Private Limited, buy the company report.

Auditor

Afrindi Venture Private Limited is audited by M.M. SHINGALA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.M. SHINGALA & CO.FY 202335700

Shareholding

The shareholding of Afrindi Venture Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Afrindi Venture Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Afrindi Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Afrindi Venture has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Afrindi Venture Private Limited, buy the company report.

Recent activity

Afrindi Venture Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Helie Pratik Sanghavi ceased to be Director on 15 Mar 2025.

Ceased
Helie Pratik Sanghavi ceased to be Director.
Ceased
Pratik Kishor Sanghavi ceased to be Director.
Ceased
Ashwini Vinod Suvase ceased to be Additional Director.
Ceased
Jagruti Hiren Pasad ceased to be Additional Director.
Appointed
Ashwini Vinod Suvase was appointed as Director.
Appointed
Jagruti Hiren Pasad was appointed as Director.
AGM
Afrindi Venture Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Afrindi Venture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Pratik Kishor Sanghavi was appointed as Director.
Incorporation
24 Jun 2017
Afrindi Venture Private Limited was registered on 24 Jun 2017 with Roc Mumbai & aged 9 years 4 months as per MCA records.

Frequently asked questions

Afrindi Venture is an active private limited company based in Vasai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 June 2017 (9+ years old) and is registered under CIN U72501MH2017PTC296559.

Afrindi Venture has 3 current directors:

The latest financial statements of Afrindi Venture on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

No. Afrindi Venture has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Afrindi Venture is U72501MH2017PTC296559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Afrindi Venture was incorporated on 24 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Afrindi Venture by revenue are Genius India Research and Training Institute Private Limited, Mabison Private Limited, Yolo Product Private Limited, Technovision Instru. Solutions Private Limited, Manav Precision Engineers Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).

Helie Pratik Sanghavi ceased to be Director on 15 Mar 2025. Pratik Kishor Sanghavi ceased to be Director on 15 Mar 2025. Ashwini Vinod Suvase ceased to be Additional Director on 28 Jan 2025. Afrindi Venture has 7 board changes on record in total.

The registered office of Afrindi Venture is at S No 3 New Shivam Shripal Complex, Virar West, Vasai, Maharashtra, India – 401303.

Afrindi Venture operates in the information technology industry, in the IT consulting and support services segment.

The compliance status of Afrindi Venture is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.