Afcan Impex Private Limited

Afcan Impex Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN U51909GJ2003PTC081238 Incorporated 30 September 2003 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Insolvency Private Limited Company home and lifestyle
Data last updated
Revenue · FY 2019
₹11.45 Cr
▼ 2.00% YoY
EBITDA · FY 2019
Locked
In full report
Net profit · FY 2019
Locked
In full report
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹11.3 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Last financials
Mar 2019
Balance sheet date

About Afcan Impex Private Limited

Data last updated: 23 July 2025

Afcan Impex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in textile retail and distribution, a part of the broader home and lifestyle products sector. Incorporated on 30 September 2003, the company has been in operation for over 23 years.

Registered with ROC Ahmedabad under CIN U51909GJ2003PTC081238.

Capital: an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. Formerly known as Arzee Rags (India) Private Limited. It is led by directors including Nildeep Bipinbhai Bhatti and Hirenkumar Ashokbhai Patel.

Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: Office No. – 1002/A Pinnacle Building Corporate Road Vejalpur Prahladnagar, Ahmedabad, Gujarat, India – 380004.

As per the financials filed for FY 2019, the company reported a revenue of ₹11.45 Cr, a decline of 2% compared to the previous year.

As per MCA filings, the company has open charges of ₹11.3 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments.

Company Details of Afcan Impex Private Limited
CIN U51909GJ2003PTC081238
Registration Number 081238
Incorporation Date 30 September 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No. – 1002/A Pinnacle Building Corporate Road Vejalpur Prahladnagar, Ahmedabad, Gujarat, India – 380004
  • Industry
    Home & Lifestyle, Textile Retail & Distribution
Company report
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Financials, compliance, directors, charges, ownership and filings for Afcan Impex Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Afcan Impex Private Limited

Afcan Impex Private Limited has one previous CIN (Corporate Identification Number): U51909MH2003PTC142437. The current CIN is U51909GJ2003PTC081238, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U51909GJ2003PTC081238 Current
U51909MH2003PTC142437 Previous

Business Activity of Afcan Impex Private Limited

Afcan Impex Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Auditor Details of Afcan Impex Private Limited

Afcan Impex Private Limited is audited by GANGARAM PATEL & CO for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
GANGARAM PATEL & CO Locked Locked Locked
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Complete auditor history for Afcan Impex Private Limited

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Board of Directors of Afcan Impex Private Limited

Afcan Impex Private Limited is currently managed by 4 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Nildeep Bipinbhai Bhatti Director 28 Nov 2011 14 Years 7 Months As last reported
Hirenkumar Ashokbhai Patel Additional Director 16 Jan 2020 6 Years 6 Months As last reported
Anjali Kishor Kapdi Additional Director 23 Jul 2020 5 Years 11 Months As last reported
Kishorkumar Bachuram Kapdi Managing Director 19 Jul 2011 15 Years 0 Months As last reported

Financials of Afcan Impex Private Limited FY 2019 filings available

Afcan Impex Private Limited reported revenue of ₹11.45 Cr (down 2.00% YoY) for FY 2019.

Revenue · FY 2019
₹11.45 Cr ▼ 2.00%
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Ten-year financial statements for Afcan Impex Private Limited

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Ownership and Shareholding of Afcan Impex Private Limited

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Charges & Borrowings of Afcan Impex Private Limited

Open charges
₹11.3 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Bank of Maharashtra₹11.30 Cr
Latest charge details
DateLenderAmountStatus
24 Sep 2012 Bank of Maharashtra ₹5.65 Cr Open
21 Sep 2012 Bank of Maharashtra ₹5.65 Cr Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Afcan Impex Private Limited

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Employee and EPFO history for Afcan Impex Private Limited

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GST Compliance of Afcan Impex Private Limited

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GST registrations and filing compliance for Afcan Impex Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Afcan Impex Private Limited

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Credit ratings, litigation, and regulatory alerts for Afcan Impex Private Limited

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MSME Payment Delays by Afcan Impex Private Limited

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MSME payment history for Afcan Impex Private Limited

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Subsidiaries & Group Companies of Afcan Impex Private Limited

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Corporate group structure for Afcan Impex Private Limited

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MCA Filings & Documents of Afcan Impex Private Limited

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MCA filings and documents for Afcan Impex Private Limited

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Recent Activity on Afcan Impex Private Limited

Directors
23 Jul 2020
Anjali Kishor Kapdi was appointed as a Additional Director on 23 Jul 2020 & has been associated with this company since 5 years 11 months.
Directors
16 Jan 2020
Hirenkumar Ashokbhai Patel was appointed as a Additional Director on 16 Jan 2020 & has been associated with this company since 6 years 6 months.
Activity
30 Sep 2019
Afcan Impex Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Activity
31 Mar 2019
Afcan Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.
Charges
04 Jun 2014
A charge with Bank Of Maharashtra of Rs. 5.65 Cr registered on 21 Sep 2012 with Charge ID 10380543 was modified on 04 Jun 2014.
Charges
07 Apr 2014
A charge with Bank Of Maharashtra of Rs. 5.65 Cr registered on 24 Sep 2012 with Charge ID 10380552 was modified on 07 Apr 2014.

Frequently Asked Questions about Afcan Impex Private Limited

Afcan Impex Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Afcan Impex Private Limited is a company under insolvency, formerly operating as a private limited company in the home and lifestyle sector based in Ahmedabad, Gujarat, India. It was incorporated on 30 September 2003 and is registered under CIN U51909GJ2003PTC081238. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Afcan Impex Private Limited reported revenue of ₹11.45 Cr for FY 2019 (down 2.00% YoY).

The current directors of Afcan Impex Private Limited are:

The CIN (Corporate Identification Number) of Afcan Impex Private Limited is U51909GJ2003PTC081238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Afcan Impex Private Limited has open charges of ₹11.3 Cr and no satisfied charges on record as per latest MCA filings.

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