About Affinity Express India Private Limited
Data last updated:
Affinity Express India Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Global Advertisement Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 May 1993.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U18101PN1993PTC071893. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.66 Cr. It was led by directors Shweta Gajria and Valerian Dsouza.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Office No.106 5th Floor Sai Radhe Complex Raja Bahadur Mill Road Sangamwadi, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.98 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Cr (net margin 12.9%) and EBITDA of ₹3.55 Cr (EBITDA margin 18.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company had about 557 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: AffinityX. As per MCA filings, the company had satisfied charges of ₹9.49 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The last known website on record is affinityexpress.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No.106 5th Floor Sai Radhe Complex Raja Bahadur Mill Road Sangamwadi, Pune, Maharashtra, India – 411001
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Affinity Express India Private Limited
The main business activity of Affinity Express India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Affinity Express India Private Limited FY 2022 filings available
Affinity Express India Private Limited reported revenue of ₹18.98 Cr (up 63% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Affinity Express India Private Limited
Revenue rose 63% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 5% 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 of Affinity Express India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹18.98 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.45 Cr | •••• | •••• | •••• | •••• |
| 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 Affinity Express India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.9% | •••• | •••• | •••• | •••• |
| 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 Affinity Express India are in the company report.
Financial statements from 2015
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.
Peer Comparison of Affinity Express India Private Limited
Affinity Express India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tectura Infotech Private Limited. | ₹19.15 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Info Plus Technologies Private Limited | ₹19.12 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Altius Customer Services Private Limited | ₹19.04 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Techsol Infosec Private Limited | ₹19.02 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
| Hardib Technology Private Limited | ₹19 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bhubaneswar, Odisha, India |
| Affinity Express India Private Limited this company | ₹18.98 Cr (FY 2022) | •••• | •••• | 63.0% | •••• | Pune, Maharashtra, India |
| Reval Analytical Services Private Limited | ₹18.96 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Jacaranda Investments and Finance Private Limited | ₹18.96 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Noida, Uttar Pradesh, India |
| Karanji Infotech Private Limited | ₹18.96 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Mangalore, Karnataka, India |
| Strawberry Infotech Private Limited | ₹18.96 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Micronic Infotech Services Private Limited | ₹18.94 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Ajmer, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Affinity Express India by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Affinity Express India Private Limited
Affinity Express India Private Limited is audited by S R B C & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | 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 Affinity Express India Private Limited
Affinity Express India has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Gajria Also directs: Global Advertisement Services Private Limited | Director | 15 Jun 2022 | 4 Years 3 Months | As last reported |
| Valerian Dsouza Also directs: Global Advertisement Services Private Limited | Director | 27 Jan 2020 | 6 Years 8 Months | As last reported |
Ownership and Shareholding of Affinity Express India 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 Affinity Express India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2015 | Others | ₹5 Cr | Satisfied |
| 13 Sep 2006 | Syndicate Bank | ₹2 Cr | Satisfied |
| 30 Nov 2004 | Icici Bank Ltd. | ₹5.67 Lakh | Satisfied |
| 31 Jul 2004 | Icici Bank Ltd. | ₹6.67 Lakh | Satisfied |
| 22 Jun 2001 | Associates India Financial Service Private Ltd. | ₹25 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Affinity Express India Private Limited
Affinity Express India Private Limited has 3 court cases on record: 1 filed by Affinity Express India, 2 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
| Bombay High Court | Tax appeal | Filed by the company against Commissioner of Central Excise | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay ULP) | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Affinity Express India Private Limited
Affinity Express India operates one associated brand: AffinityX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital marketing, advertising, SEO, and website development services are provided. | affinityx.com |
Employees and EPFO Compliance at Affinity Express India Private Limited
Affinity Express India Private Limited has a workforce of 557 employees as of Apr 05, 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.
CIN History of Affinity Express India Private Limited
Affinity Express India has one previous CIN (Corporate Identification Number): U18101MH1993PTC071893. The current CIN is U18101PN1993PTC071893, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101PN1993PTC071893 | Current |
| U18101MH1993PTC071893 | Previous |
Recent Activity on Affinity Express India Private Limited
Affinity Express India Private Limited has 17 board changes on record since 2007: 2 appointments and 15 cessations. The latest: Abhijeet Bhalchandra Hande ceased to be Director on 15 Jun 2022.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Affinity Express India 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 Affinity Express India 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 Affinity Express India 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 Affinity Express India Private Limited
Affinity Express India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Affinity Express India 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 Affinity Express India Private Limited
Affinity Express India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Affinity Express India was a private limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 10 May 1993 and is registered under CIN U18101PN1993PTC071893. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Affinity Express India was incorporated on 10 May 1993. It is registered with the Registrar of Companies, Pune.
Affinity Express India had 2 directors:
- Shweta Gajria - Director
- Valerian Dsouza - Director
The CIN (Corporate Identification Number) of Affinity Express India is U18101PN1993PTC071893. 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 Express India is at Office No.106 5th Floor Sai Radhe Complex Raja Bahadur Mill Road Sangamwadi, Pune, Maharashtra, India – 411001.
Affinity Express India can be reached through the website affinityexpress.com. Its registered office is in Pune, Maharashtra, India.
Affinity Express India reported revenue of ₹18.98 Cr for FY 2022 (up 63% YoY).
Affinity Express India has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.66 Cr.
Affinity Express India reported a net profit of ₹2.45 Cr (net margin 12.9%) and EBITDA of ₹3.55 Cr (EBITDA margin 18.7%) for FY 2022, as per its filed financial statements.
No. Affinity Express India has 1 GST registration on record and it is cancelled or inactive.