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Affordmate Private Limited - software in Malappuram, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2025
₹14.44 Lakh
▲ 76% YoY
Net profit · FY 2025
₹10,837
Net margin 0.8%
EBITDA · FY 2025
₹99,870
EBITDA margin 6.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Affordmate Private Limited
Data last updated:
Affordmate Private Limited is a private limited company based in Malappuram, Kerala, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 16 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2021PTC070972.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abilash Thadathil Subramanian (Managing Director) and Binoy Kodakkat Balachandran.
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 Door No. 4/404 Koppam Valanchery Road Valiyakunnu P.O Kodumudi Valavu, Malappuram, Kerala, India – 676552.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.44 Lakh, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹10,837 (net margin 0.8%) and EBITDA of ₹99,870 (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 316% over three years.
The company is associated with 1 brand: Affordmate.
For more details, the company can be reached via its website affordmate.com.
Company details
CIN U72200KL2021PTC070972
Registration Number 070972
Incorporation Date 16 September 2021
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Affordmate
Contact details
Affordmate Private Limited's registered office is in Malappuram, Kerala.
- Social Media
- Registered AddressDoor No. 4/404 Koppam Valanchery Road Valiyakunnu P.O Kodumudi Valavu, Malappuram, Kerala, India – 676552
- IndustrySoftware, Software Development, Software Publishing
Comprehensive company report
Affordmate Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Affordmate operates one associated brand: Affordmate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web development company specializing in creating dynamic and functional websites | affordmate.com |
Business activity
The main business activity of Affordmate is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Affordmate Private Limited, buy the company report.
Financials of Affordmate Private Limited
FY 2025 filings availableAffordmate Private Limited reported revenue of ₹14.44 Lakh (up 76% YoY) for FY 2025.
Revenue · FY 2025
₹14.44 Lakh ▲ 76%
Net profit · FY 2025
₹10,837 margin 0.8%
EBITDA · FY 2025
₹99,870 margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 316%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 316% over three years, including 76% growth in the latest year. EBITDA rose 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | ||||
| EBITDA | ₹99,870 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10,837 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.9% | |||
| Net Profit Margin | 0.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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To see the full financial statements and ratios of Affordmate Private Limited, buy the company report.
Board of directors of Affordmate Private Limited
Affordmate has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abilash Thadathil Subramanian | Managing Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Binoy Kodakkat Balachandran | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Affordmate Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seapromise Shipping Private Limited | ₹14.46 Lakh (FY 2025) | 25526.0% | Mumbai, Maharashtra, India | |||
| Vastushri Design Infrastructure Private Limited | ₹14.45 Lakh (FY 2025) | -19.0% | Jalgaon, Maharashtra, India | |||
| Bravima Technologies Private Limited | ₹14.44 Lakh (FY 2025) | 190.0% | Delhi, India | |||
| Elika Services Private Limited | ₹14.44 Lakh (FY 2024) | 161.0% | Pune, Maharashtra, India | |||
| Natural Infrastructure Private Limited | ₹14.44 Lakh (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Affordmate Private Limitedthis company | ₹14.44 Lakh (FY 2025) | ₹10,837 | 0.8% | 76.0% | Malappuram, Kerala, India | |
| Gourangaa Facility Services Private Limited | ₹14.43 Lakh (FY 2024) | -31.0% | Chuda, Gujarat, India | |||
| Adlete (OPC) Private Limited | ₹14.43 Lakh (FY 2025) | 4.0% | Vadodara, Gujarat, India | |||
| Fix My Gadgets Techservices Private Limited | ₹14.43 Lakh (FY 2020) | 64.0% | Bangalore, Karnataka, India | |||
| Ayona Digital and Communication Development Foundation | ₹14.43 Lakh (FY 2024) | 26.0% | Noida, Uttar Pradesh, India | |||
| Sourcenxg Private Limited | ₹14.42 Lakh (FY 2022) | 50.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Affordmate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Affordmate 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 Affordmate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Affordmate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Affordmate Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abilash Thadathil Subramanian was appointed as Managing Director on 16 Sep 2021.
AGM
Affordmate Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Affordmate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Appointed
Abilash Thadathil Subramanian was appointed as Managing Director.
Appointed
Binoy Kodakkat Balachandran was appointed as Director.
Incorporation
16 Sep 2021
Affordmate Private Limited was registered on 16 Sep 2021 with Roc Ernakulam & aged 5 years 1 month as per MCA records.
Frequently asked questions
Affordmate is an active private limited company based in Malappuram, Kerala, India. The company works in software development, within the software industry. It was incorporated on 16 September 2021 (5+ years old) and is registered under CIN U72200KL2021PTC070972.
Affordmate has 2 current directors:
- Abilash Thadathil Subramanian - Managing Director
- Binoy Kodakkat Balachandran - Director
The latest financial statements of Affordmate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Affordmate is U72200KL2021PTC070972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affordmate was incorporated on 16 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Affordmate by revenue are Seapromise Shipping Private Limited, Vastushri Design Infrastructure Private Limited, Bravima Technologies Private Limited, Elika Services Private Limited, Natural Infrastructure Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).
Abilash Thadathil Subramanian was appointed as Managing Director on 16 Sep 2021. Binoy Kodakkat Balachandran was appointed as Director on 16 Sep 2021.
Yes, Affordmate is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Affordmate can be reached through the website affordmate.com. Its registered office is in Malappuram, Kerala, India.
The registered office of Affordmate is at Door No. 4404 Koppam Valanchery Road Valiyakunnu P.O Kodumudi Valavu, Malappuram, Kerala, India – 676552.
Affordmate operates in the software industry, in the software development segment.