Afaa Private Limited
About Afaa Private Limited
Data last updated:
Afaa Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 18 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC153216.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.27 Cr. It is led by directors Ashish Bhupendra Fafadia and Arjun Ahluwalia Anil.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.55 Cr. For the same year it recorded a net profit of ₹26.03 Lakh (net margin 10.2%) and EBITDA of ₹1.85 Cr (EBITDA margin 72.6%).
Its group structure includes 1 subsidiary.
The company has 2 deals on record (2 rights issues); the latest was in November 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCondor Vista #5 Ground Floor Near Anjappar Chettinad Restaurant, 4th B Block 100 Ft Road Koramangala, Bangalore, Karnataka, India – 560034
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Afaa Private Limited
The main business activity of Afaa is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies | 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 Afaa Private Limited FY 2025 filings available
Afaa Private Limited reported revenue of ₹2.55 Cr for FY 2023.
Financial Statement Summary of Afaa Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹1.85 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹26.03 Lakh | •••• |
| 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 Afaa Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 72.6% | •••• |
| Net Profit Margin | 10.2% | •••• |
| 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 Afaa are in the company report.
Financial statements from FY 2022
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.
Auditor Details of Afaa Private Limited
Afaa Private Limited is audited by RSVA & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RSVA & Co | 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 Afaa Private Limited
Afaa has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Bhupendra Fafadia Also directs: Blume Venture Investment Manager LLP, 3F Ventures Management Consultants LLP, 3F Ventures Investment Manager LLP and 5 more | Director | 18 Oct 2021 | 4 Years 11 Months | Current |
| Arjun Ahluwalia Anil | Director | 18 Oct 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Afaa 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 Afaa Private Limited
Afaa Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Afaa Private Limited
Afaa Private Limited has 2 deals on record (2 rights issues); the latest was in November 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹10 Cr | Investors: 3 individuals |
| Feb 2022 | Rights issue | ₹2.25 Cr | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Afaa Private Limited
Afaa Private Limited has a workforce of 0 employees as of Apr 07, 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.
Group Structure of Afaa Private Limited
Afaa has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Kushal Finnovation Capital Private Limited | U65929KA2022PTC157209 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Afaa Private Limited
Afaa Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Jayesh Suryakant Modi ceased to be Additional Director on 27 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Afaa 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 Afaa 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 Afaa 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 Afaa Private Limited
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 Afaa 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 Afaa Private Limited
Afaa is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 18 October 2021 (5+ years old) and is registered under CIN U74999KA2021PTC153216.
Afaa reported revenue of ₹2.55 Cr for FY 2023.
Afaa has 2 current directors:
- Ashish Bhupendra Fafadia - Director
- Arjun Ahluwalia Anil - Director
Afaa reported a net profit of ₹26.03 Lakh (net margin 10.2%) and EBITDA of ₹1.85 Cr (EBITDA margin 72.6%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Afaa is U74999KA2021PTC153216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afaa was incorporated on 18 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Afaa has 2 deals on record (2 rights issues); the latest was in November 2022.
Jayesh Suryakant Modi ceased to be Additional Director on 27 Dec 2022. Arjun Ahluwalia Anil was appointed as Director on 18 Oct 2021. Ashish Bhupendra Fafadia was appointed as Director on 18 Oct 2021.
The registered office of Afaa is at Condor Vista #5 Ground Floor Near Anjappar Chettinad Restaurant, 4th B Block 100 Ft Road Koramangala, Bangalore, Karnataka, India – 560034.
Afaa has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.27 Cr.