About Affinity Commodity Derivatives Private Limited
Data last updated:
Affinity Commodity Derivatives Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 September 2012.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U67190WB2012PTC186341.
The company had an authorised share capital of ₹11 Lakh and a paid-up capital of ₹11 Lakh. It was led by directors including Manish Chandak and Rakesh Gandhi.
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 was at Kolkata, West Bengal.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.5 Lakh. For the same year it recorded a net loss of ₹3.71 Lakh (net margin -246.9%) and EBITDA of ₹27,650 (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The last known website on record is theaffinity.in.
Company details
Contact details
Affinity Commodity Derivatives Private Limited's registered office is in Kolkata, West Bengal. Its website is theaffinity.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressRoom No. – 903 Shaila Tower. 9th Floor J1/16 Ep & Gp Block Salt Lake Sector, V, Kolkata, West Bengal, India – 700091
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Affinity Commodity Derivatives 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
Financials of Affinity Commodity Derivatives Private Limited
FY 2024 filings availableAffinity Commodity Derivatives Private Limited reported revenue of ₹1.5 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years. EBITDA rose 21% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.5 Lakh | ||||
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| EBITDA | ₹27,650 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | -246.9% | ||||
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To see the full financial statements and ratios of Affinity Commodity Derivatives Private Limited, buy the company report.
Board of directors of Affinity Commodity Derivatives Private Limited
Affinity Commodity Derivatives has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Chandak Also directs: Affinity Advisors LLP, Affinity Securities Private Limited, Agile System Solutions Private Limited and 4 more | Director | 25 Sep 2012 | 14 Years 1 Months | As last reported |
| Rakesh Gandhi Also directs: Affinity Advisors LLP, Affinity Securities Private Limited, Agile System Solutions Private Limited and 1 more | Director | 06 Aug 2016 | 10 Years 2 Months | As last reported |
| Kirti Singhania Also directs: Affinity Advisors LLP, Affinity Securities Private Limited, Agile System Solutions Private Limited and 3 more | Director | 06 Aug 2016 | 10 Years 2 Months | As last reported |
Auditor
Affinity Commodity Derivatives Private Limited is audited by R A M G & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A M G & ASSOCIATES | FY 2020 | 318127E |
Shareholding
The shareholding of Affinity Commodity Derivatives Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Affinity Commodity Derivatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Affinity Commodity Derivatives 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 Affinity Commodity Derivatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Affinity Commodity Derivatives has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Affinity Commodity Derivatives Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Affinity Commodity Derivatives Private Limited has 11 board changes on record since 2012: 7 appointments and 4 cessations. The latest: Vivek Drolia ceased to be Director on 20 Mar 2023.
2 earlier events are in the company report.
Frequently asked questions
Affinity Commodity Derivatives has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Affinity Commodity Derivatives was a private limited company based in Kolkata, West Bengal, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 25 September 2012 and is registered under CIN U67190WB2012PTC186341. The company has been struck off by the Registrar of Companies and is no longer operational.
Affinity Commodity Derivatives had 3 directors:
- Manish Chandak - Director
- Rakesh Gandhi - Director
- Kirti Singhania - Director
The CIN (Corporate Identification Number) of Affinity Commodity Derivatives is U67190WB2012PTC186341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Affinity Commodity Derivatives is at Room No. – 903 Shaila Tower. 9th Floor J116 Ep & Gp Block Salt Lake Sector, V, Kolkata, West Bengal, India – 700091.
Affinity Commodity Derivatives was incorporated on 25 September 2012. It is registered with the Registrar of Companies, Kolkata.
Affinity Commodity Derivatives can be reached through the website theaffinity.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Affinity Commodity Derivatives 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 2015 are in the company report.
Affinity Commodity Derivatives operated in the financial services industry, in the brokerage and trading services segment. It worked in this industry before it was struck off.
Vivek Drolia ceased to be Director on 20 Mar 2023. Durga Gandhi ceased to be Director on 16 Aug 2016. Smreeti Drolia ceased to be Director on 16 Aug 2016. Affinity Commodity Derivatives has 11 board changes on record in total.