Afford Freight Services Private Limited Company Logo

Afford Freight Services Private Limited - Company Profile

It is a transport and logistics private limited company based in Navi Mumbai, Maharashtra, India, established in 2009.

2009 | Navi Mumbai, Maharashtra, India | Active
Last Updated:

About Afford Freight Services Private Limited

Afford Freight Services Private Limited, a active private limited company, was established on 09 November 2009 in Navi Mumbai, Maharashtra, India. Engaging in integrated & diversified logistics services within the transport and storage sector, it holds CIN: U63000MH2009PTC196949. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.60 M and a paid-up capital of ₹2.23 M.

It upholds a compliant status. Employing 31 professional, Its leadership includes Sajikumar Prabhakaran Nair (Director), Chockalingam Manikandan (Director). Past directors included Hitesh Sumanbhai Patel, Gincy Varghese, Vinod Rajan Warrier. It holds no open charges and ₹9.92 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B Wing, 603, Kukreja Centre, 6Th Floor Sector-11, Cbd Belapur, Navi Mumbai, Maharashtra, 400614.

Company Details

  • CIN/LLPIN

    U63000MH2009PTC196949

  • Registration Number

    196949

  • Incorporation Date

    09 November 2009

  • Authorized Capital

    ₹2.60 M

  • Paid-Up Capital

    ₹2.23 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.60 M
  • Paid Up Capital ₹ 2.23 M
  • Company Age 16 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.92 Cr
  • Revenue Growth -30.66%
  • Profit Growth 23.16%
  • Ebitda -20.28%
  • Net Worth 47.75%
  • Total Assets -21.50%
Company report

Afford Freight Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Afford Freight 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 Afford Freight Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sajikumar Prabhakaran NairDirector09 Nov 2009Current
Chockalingam ManikandanDirector03 Feb 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector28 Oct 2010Past
Pramod AbcsddDirector04 Aug 2025Past

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Financial Performance of Afford Freight Services.

Afford Freight Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.66% decrease. The company also saw a substantial improvement in profitability, with a 23.16% increase in profit. The company's net worth Soared by an impressive increase of 47.75%.

Afford Freight Services revenue growth over time
Afford Freight Services profit and loss trends over time
  • 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
-30.66%
Revenue from Operations
-30.87%
Total Assets
-21.50%
Profit or Loss
23.16%
Net Worth
47.75%
EBITDA
-20.28%

What is the Ownership and Shareholding Structure of Afford Freight Services?

In 2022, Afford Freight 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.

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹99,234,000.00

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 5.89 Cr
  • Icici Bank Limited : 3.50 Cr
  • Kotak Mahindra Bank Limited : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2017Yes Bank Limited₹4.20 CrSatisfied
31 Mar 2017Yes Bank Limited₹1.69 CrSatisfied
22 Jul 2013Icici Bank Limited₹3.50 CrSatisfied
02 Jan 2012Kotak Mahindra Bank Limited₹5.33 MSatisfied

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How Many Employees Work at Afford Freight Services?

Afford Freight Services has a workforce of 31 employees as of Mar 30, 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 growth trends for Afford Freight Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Afford Freight 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 Afford Freight 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

Alert Indicator

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.

Latest Updates, News, and FAQs on Afford Freight Services

Recent Activity within the Organization

  • Annual General Meeting

    The activity Afford Freight Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Afford Freight Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    A charge registered on 27 Jul 2017 via Charge ID 100125949 with Yes Bank Limited was fully satisfied on 18 Jan 2023. was recorded as a recent event.

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100103718 with Yes Bank Limited was fully satisfied on 18 Jan 2023. was recorded as a recent event.

  • Charges

    A charge registered on 22 Jul 2013 via Charge ID 10448032 with Icici Bank Limited was fully satisfied on 22 Sep 2022. was recorded as a recent event.

  • Charges

    A charge with Yes Bank Limited of Rs. 42.00 M registered on 27 Jul 2017 with Charge ID 100125949 was modified on 31 Mar 2021. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Afford Freight Services Private Limited?

    The CIN of Afford Freight Services Private Limited is U63000MH2009PTC196949.

  • Where is Afford Freight Services Private Limited headquartered?

    Afford Freight Services Private Limited is headquartered at B Wing, 603, Kukreja Centre, 6Th Floor Sector-11, Cbd Belapur, Navi Mumbai, Maharashtra, 400614.

  • When was Afford Freight Services Private Limited incorporated?

    Afford Freight Services Private Limited was incorporated on 09 November 2009.

  • Who are the current directors of Afford Freight Services Private Limited?

    The current directors of Afford Freight Services Private Limited are

  • What is the primary industry of Afford Freight Services Private Limited?

    The primary industry of Afford Freight Services Private Limited is Transport And Storage.

  • Is Afford Freight Services Private Limited a listed company?

    Afford Freight Services Private Limited is unlisted.

  • What is the capital structure of Afford Freight Services Private Limited?

    The authorized capital of Afford Freight Services Private Limited is ₹2.60 M, and the paid-up capital is ₹2.23 M.

  • What is the compliance status of Afford Freight Services Private Limited?

    The compliance status of Afford Freight Services Private Limited is Compliant.

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