
About Afco Capital India Private Limited
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Afco Capital India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Afco Investments Services Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2012PTC234042. Its GSTIN is 27AACCF0194M1ZF (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.05 Cr. It was formerly known as Afco Capital Market Private Limited and Falcrum Gilt Advisory Private Limited. It is led by directors including Atul Balmukund Oza and Chitvan Atul Oza.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.76 Cr, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 45.4%) and EBITDA of ₹2.08 Cr (EBITDA margin 75.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹105 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website afcogroup.in.
Company details
Name history
Afco Capital India has undergone 3 name changes throughout its history. The company was previously known as Afco Capital Market Private Limited, Falcrum Gilt Advisory Private Limited, and Afco Capital Private Limited. The current legal name is Afco Capital India Private Limited.
| Company Name | Status |
|---|---|
| Afco Capital India Private Limited | Current |
| Afco Capital Market Private Limited | Previous |
| Falcrum Gilt Advisory Private Limited | Previous |
| Afco Capital Private Limited | Previous |
CIN history
Afco Capital India has one previous CIN (Corporate Identification Number): U74140MH2012PTC234042. The current CIN is U74110MH2012PTC234042, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2012PTC234042 | Current |
| U74140MH2012PTC234042 | Previous |
Contact details
Afco Capital India Private Limited's registered office is in Mumbai, Maharashtra. Its website is afcogroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address604 / 605 Cosmos Plaza J. P. Road, Next To D. N. Nagar Metro Station Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Afco Capital India 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 Afco Capital India is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Afco Capital India Private Limited, buy the company report.
Financials of Afco Capital India Private Limited
FY 2025 filings availableAfco Capital India Private Limited reported revenue of ₹2.76 Cr (up 143% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 143% growth in the latest year. EBITDA rose 263% 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 | ₹2.08 Cr | ||||
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| Net Profit (PAT) | ₹1.25 Cr | ||||
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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 | 75.2% | ||||
| Net Profit Margin | 45.4% | ||||
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To see the full financial statements and ratios of Afco Capital India Private Limited, buy the company report.
Board of directors of Afco Capital India Private Limited
Afco Capital India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Balmukund Oza Also directs: Afco Investments Services Private Limited, Afco Fincon Private Limited, Afco Infracon Private Limited and 3 more | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Chitvan Atul Oza Also directs: Afco Investments Services Private Limited | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Falguni Atul Oza Also directs: Afco Investments Services Private Limited, Afco Fincon Private Limited, Afco Infracon Private Limited and 2 more | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
Auditor
Afco Capital India Private Limited is audited by M R Tanna & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R Tanna & Co. | FY 2022 |
Shareholding
The shareholding of Afco Capital India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Afco Capital India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101170006 | Others | ₹30 Cr | Open | |
| 22 Jun 2023 | 100742642 | Others | ₹75 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Afco Capital India 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 Afco Capital India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Afco Capital India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF0194M1ZF | Maharashtra | Active | 27 Feb 2019 |
To see the full GST registrations and return filing status of Afco Capital India Private Limited, buy the company report.
Recent activity
Afco Capital India Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Chitvan Atul Oza ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Afco Capital India is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U74110MH2012PTC234042.
Afco Capital India has 3 current directors:
- Atul Balmukund Oza - Director
- Chitvan Atul Oza - Director
- Falguni Atul Oza - Director
The latest financial statements of Afco Capital India 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 Afco Capital India is 27AACCF0194M1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Afco Capital India is U74110MH2012PTC234042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afco Capital India was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Chitvan Atul Oza ceased to be Additional Director on 29 Sep 2018. Chitvan Atul Oza was appointed as Director on 03 Oct 2017. Atul Balmukund Oza was appointed as Director on 01 Aug 2012. Afco Capital India has 4 board changes on record in total.
Afco Capital India can be reached through the website afcogroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Afco Capital India is at 604 605 Cosmos Plaza J. P. Road, Next To D. N. Nagar Metro Station Andheri West, Mumbai, Maharashtra, India – 400053.
Afco Capital India operates in the financial services industry, in the brokerage and trading services segment.

