About Affluence Commodities Private Limited
Data last updated:
Affluence Commodities Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2007PTC113292. Its GSTIN is 24AAGCA1140A1ZN (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹71 Lakh. It is led by directors Deval Jitendra Shah and Piyush Motilal Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.68 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹62.17 Lakh (net margin 72.6%) and EBITDA of ₹83.44 Lakh (EBITDA margin 97.4%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 18% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.57 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website affluence.ooo.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock A – 406 4th Floor Safal Profitaire Nr. Krishna Bungalows 100 Ft Road Prahla, Dnagar, Ahmedabad, Gujarat, India – 380051
- IndustryFinancial Services, Brokerage & Trading 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 Affluence Commodities Private Limited
The main business activity of Affluence Commodities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Affluence Commodities Private Limited FY 2025 filings available
Affluence Commodities Private Limited reported revenue of ₹85.68 Lakh (down 72% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Affluence Commodities Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 72% fall in the latest year. EBITDA fell 57% 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 Affluence Commodities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹83.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹62.17 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Affluence Commodities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 72.6% | •••• | •••• | •••• | •••• |
| 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 Affluence Commodities 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.
Auditor Details of Affluence Commodities Private Limited
Affluence Commodities Private Limited is audited by GHONIYA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GHONIYA & CO | 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 Affluence Commodities Private Limited
Affluence Commodities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deval Jitendra Shah | Director | 13 Jul 2011 | 15 Years 2 Months | Current |
| Piyush Motilal Shah | Director | 10 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Affluence Commodities 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 Affluence Commodities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2012 | Others | ₹5.57 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Affluence Commodities Private Limited
Affluence Commodities Private Limited has 12 court cases on record: 4 filed by Affluence Commodities, 8 filed against it. 4 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 6 | 4 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax (Central), Ahmedabad | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Income Tax, Central Circle-2(3) | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax (Central), Ahmedabad | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Income Tax, Central Circle 2(3), Ahmedabad | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
Full case history
All 12 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.
Employees and EPFO Compliance at Affluence Commodities Private Limited
Affluence Commodities Private Limited has a workforce of 1 employees as of Mar 31, 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 Affluence Commodities Private Limited
Affluence Commodities has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999GJ2007PTC113292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2007PTC113292 | Current |
| U74999GJ2007PTC049890 | Previous |
| U74999DD2007PTC004747 | Previous |
Recent Activity on Affluence Commodities Private Limited
Affluence Commodities Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Dhiren Mahendrkumar Shah ceased to be Director on 10 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Affluence Commodities 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 Affluence Commodities 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 Affluence Commodities 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 Affluence Commodities Private Limited
Affluence Commodities has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA1140A1ZN | Gujarat | Active | 01 Jul 2017 |
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 Affluence Commodities 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 Affluence Commodities Private Limited
Affluence Commodities is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 30 January 2007 (19+ years old) and is registered under CIN U74999GJ2007PTC113292.
Affluence Commodities reported revenue of ₹85.68 Lakh for FY 2024 (down 72% YoY).
Affluence Commodities has 2 current directors:
- Deval Jitendra Shah - Director
- Piyush Motilal Shah - Director
Affluence Commodities reported a net profit of ₹62.17 Lakh (net margin 72.6%) and EBITDA of ₹83.44 Lakh (EBITDA margin 97.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Affluence Commodities is -31% over three years and -18% over five years. In the latest year (FY 2024) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Affluence Commodities is 24AAGCA1140A1ZN, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Affluence Commodities is U74999GJ2007PTC113292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affluence Commodities has 12 court cases on record: 4 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Affluence Commodities was incorporated on 30 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhiren Mahendrkumar Shah ceased to be Director on 10 Jan 2018. Piyush Motilal Shah was appointed as Director on 10 Jan 2018. Malaybhai Shantilal Kothari ceased to be Director on 15 Mar 2012. Affluence Commodities has 6 board changes on record in total.