Affirmative Financial Services Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2017.
2017 Mumbai, Maharashtra, India Active
Last Updated:
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About Affirmative Financial Services Private Limited

Affirmative Financial Services Private Limited, a active private limited company, was established on 18 January 2017 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial services sector, it holds CIN: U65999MH2017PTC289697. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.10 Cr.

Formerly known as E-City Financial Services Private Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Atul Goel (Director), Amit Handa (Director). Past directors included Charu Goel, Amit Handa. Its latest AGM occurred on 02 June 2025, with the balance sheet filed on 31 March 2025. It is based at Fun Republic,Plot No 844/4,Shah Industrial Estate, Off New Link Road, Andheri (West), Mumbai, Maharashtra, 400053.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65999MH2017PTC289697

  • Registration Number

    289697

  • Incorporation Date

    18 January 2017

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.10 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 9 Year, 24 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -73.23%
  • Profit Growth **** -113.63%
  • Ebitda **** -93.82%
  • Net Worth -1.93%
  • Total Assets -0.20%
Company report

Affirmative Financial Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Affirmative Financial Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Affirmative Financial Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Atul Goel Director 18 Jan 2017 Current
Amit Handa Director 24 Aug 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Aug 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

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Financial Performance of Affirmative Financial Services.

Affirmative Financial Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 73.23% decrease. The company also saw a substantial fall in profitability, with a 113.63% decrease in profit. The company's net worth dipped by a decrease of 1.93%.

Affirmative Financial Services revenue growth over time
Affirmative Financial Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -73.23%
*******
*******
*******
*******
Revenue from Operations
*******
 -75.01%
*******
*******
*******
*******
Total Assets
*******
 -0.20%
*******
*******
*******
*******
Profit or Loss
*******
 -113.63%
*******
*******
*******
*******
Net Worth
*******
 -1.93%
*******
*******
*******
*******
EBITDA
*******
 -93.82%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Affirmative Financial Services?

In 2019, Affirmative Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Affirmative Financial Services?

Affirmative Financial Services has a workforce of 1 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Affirmative Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Affirmative Financial Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Affirmative Financial Services
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Affirmative Financial Services Private Limited last Annual general meeting of members was held on 02 Jun 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Affirmative Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Amit Handa was appointed as a Director was appointed as a Director on 24 Aug 2018 & has been associated with this company since 7 years 5 months . was documented.

  • Director Appointment

    Progress on Atul Goel was appointed as a Director was appointed as a Director on 18 Jan 2017 & has been associated with this company since 9 years 24 days . was documented.

  • Company Incorporation

    Progress on Affirmative Financial Services Private Limited was registered on 18 Jan 2017 with Roc Mumbai & aged 9 years 24 days as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Affirmative Financial Services Private Limited?

The CIN of Affirmative Financial Services Private Limited is U65999MH2017PTC289697.

Where is Affirmative Financial Services Private Limited headquartered?

Affirmative Financial Services Private Limited is headquartered at Fun Republic,Plot No 844/4,Shah Industrial Estate, Off New Link Road, Andheri (West), Mumbai, Maharashtra, 400053.

When was Affirmative Financial Services Private Limited incorporated?

Affirmative Financial Services Private Limited was incorporated on 18 January 2017.

Who are the current directors of Affirmative Financial Services Private Limited?

The current directors of Affirmative Financial Services Private Limited are

What is the primary industry of Affirmative Financial Services Private Limited?

The primary industry of Affirmative Financial Services Private Limited is Financial Services.

Is Affirmative Financial Services Private Limited a listed company?

Affirmative Financial Services Private Limited is unlisted.

What is the capital structure of Affirmative Financial Services Private Limited?

The authorized capital of Affirmative Financial Services Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.10 Cr.

What is the compliance status of Affirmative Financial Services Private Limited?

The compliance status of Affirmative Financial Services Private Limited is Compliant.

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