Afa Mangalore Private Limited
About Afa Mangalore Private Limited
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Afa Mangalore Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 03 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2008PTC044853. Its GSTIN is 29AAGCA8453N1Z0 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.9 Lakh. It was formerly known as Associated Financial Advisors (Mangalore) Private Limited. It is led by directors including Ruben Rudolf George Menezes and Vijay Lawrence Rasquinha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No.15 – 13 – 703/7 Shivbaug Commercial Complex, Mangalore, Karnataka, India – 575002.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.81 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹75,823 (net margin -2.2%) and EBITDA of -₹37,976 (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Afa Mangalore has undergone 2 name changes throughout its history. The company was previously known as Afa Mangalore Private Limited, and Associated Financial Advisors (Mangalore) Private Limited. The current legal name is Afa Mangalore Private Limited.
| Company Name | Status |
|---|---|
| Afa Mangalore Private Limited | Current |
| Associated Financial Advisors (Mangalore) Private Limited | Previous |
Contact details
Afa Mangalore Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No.15 – 13 – 703/7 Shivbaug Commercial Complex, Mangalore, Karnataka, India – 575002
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Afa Mangalore Private Limited, buy the company report.
- 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
Business activity
The main business activity of Afa Mangalore is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Afa Mangalore Private Limited, buy the company report.
Financials of Afa Mangalore Private Limited
FY 2025 filings availableAfa Mangalore Private Limited reported revenue of ₹33.81 Lakh (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 124% in the latest year. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹37,976 | ||||
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| Net Profit (PAT) | -₹75,823 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -2.2% | ||||
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To see the full financial statements and ratios of Afa Mangalore Private Limited, buy the company report.
Board of directors of Afa Mangalore Private Limited
Afa Mangalore has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruben Rudolf George Menezes | Director | 01 Feb 2008 | 18 Years 9 Months | Current |
| Vijay Lawrence Rasquinha | Director | 03 Jan 2008 | 18 Years 9 Months | Current |
| Ronald Tauro | Director | 03 Jan 2008 | 18 Years 9 Months | Current |
| Subrahmanya Bhat Hirimbi | Director | 03 Jan 2008 | 18 Years 9 Months | Current |
| Oswald Sunil Mendonca Also directs: Cordic Systems India LLP | Director | 03 Jan 2008 | 18 Years 9 Months | Current |
| Peter Anthony Pinto Also directs: Wizdom Park LLP | Director | 03 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Afa Mangalore Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhanaasha Bachat Nidhi Limited | ₹34.18 Lakh (FY 2025) | 63.0% | Deoria Sadar, Uttar Pradesh, India | |||
| Charumati Finance Private Limited | ₹34.05 Lakh (FY 2025) | 143.0% | Nanded, Maharashtra, India | |||
| Tristar Concepts Private Limited | ₹34.03 Lakh (FY 2025) | 359985.0% | Nagpur, Maharashtra, India | |||
| High Growth Securities and Holdings Private Limited | ₹33.84 Lakh (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Neelakrishna Leafins Ltd | ₹33.83 Lakh (FY 2025) | -54.0% | Mumbai, Maharashtra, India | |||
| Afa Mangalore Private Limitedthis company | ₹33.81 Lakh (FY 2025) | -₹75,823 | -2.2% | 9.0% | Mangalore, Karnataka, India | |
| Batra Financial Management Services Private Limited | ₹33.77 Lakh (FY 2024) | 15.0% | Delhi, India | |||
| Front First Micro Services Foundation | ₹33.44 Lakh (FY 2025) | 493.0% | Budhwa, Haryana, India | |||
| Fincode Education (OPC) Private Limited | ₹33.35 Lakh (FY 2025) | 631.0% | Mumbai, Maharashtra, India | |||
| Suryadeep Commercial Private Limited | ₹33.34 Lakh (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Aashritha Nidhi Limited | ₹33.15 Lakh (FY 2025) | -24.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Afa Mangalore Private Limited, buy the company report.
Auditor
Afa Mangalore Private Limited is audited by Bannesh A B & Co., for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bannesh A B & Co., | FY 2017 | 228991 |
Shareholding
The shareholding of Afa Mangalore Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Afa Mangalore Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Afa Mangalore Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Afa Mangalore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Afa Mangalore has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA8453N1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Afa Mangalore Private Limited, buy the company report.
Recent activity
Afa Mangalore Private Limited has 6 board changes on record since 2008: 6 appointments. The latest: Ruben Rudolf George Menezes was appointed as Director on 01 Feb 2008.
Frequently asked questions
Afa Mangalore is an active private limited company based in Mangalore, Karnataka, India. The company works in advisory, within the financial services industry. It was incorporated on 03 January 2008 (18+ years old) and is registered under CIN U65999KA2008PTC044853.
Afa Mangalore has 6 current directors:
- Ruben Rudolf George Menezes - Director
- Vijay Lawrence Rasquinha - Director
- Ronald Tauro - Director
- Subrahmanya Bhat Hirimbi - Director
- Oswald Sunil Mendonca - Director
- Peter Anthony Pinto - Director
The latest financial statements of Afa Mangalore on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Afa Mangalore is 29AAGCA8453N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Afa Mangalore is U65999KA2008PTC044853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afa Mangalore was incorporated on 03 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Afa Mangalore by revenue are Dhanaasha Bachat Nidhi Limited, Charumati Finance Private Limited, Tristar Concepts Private Limited, High Growth Securities and Holdings Private Limited, Neelakrishna Leafins Ltd and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Ruben Rudolf George Menezes was appointed as Director on 01 Feb 2008. Oswald Sunil Mendonca was appointed as Director on 03 Jan 2008. Peter Anthony Pinto was appointed as Director on 03 Jan 2008. Afa Mangalore has 6 board changes on record in total.
The registered office of Afa Mangalore is at D.No.15 – 13 – 7037 Shivbaug Commercial Complex, Mangalore, Karnataka, India – 575002.
Afa Mangalore operates in the financial services industry, in the advisory segment.
The compliance status of Afa Mangalore is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
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