Affordmed Foundation
About Affordmed Foundation
Data last updated:
Affordmed Foundation is a private not for profit company based in Gurgaon, Haryana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U33100HR2020NPL084594. Its GSTIN is 06AATCA1430E1ZZ (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sanjiw Kumar Singh and Renu Singh.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 314 3rd Floor Welldone Tech Park Sector – 48 Sohna Road, Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.92 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹55.59 Lakh and EBITDA of -₹37.33 Lakh.
CIN History of Affordmed Foundation
Affordmed Foundation has one previous CIN (Corporate Identification Number): U85300HR2020NPL084594. The current CIN is U33100HR2020NPL084594, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33100HR2020NPL084594 | Current |
| U85300HR2020NPL084594 | Previous |
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- Registered Address314 3rd Floor Welldone Tech Park Sector – 48 Sohna Road, Gurgaon, Haryana, India – 122018
- IndustryPharma, Drug Formulation & Development
- 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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Financials of Affordmed Foundation FY 2025 filings available
Affordmed Foundation reported revenue of ₹6.92 Lakh (down 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Affordmed Foundation
Revenue fell 49% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Affordmed Foundation
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹6.92 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹37.33 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹55.59 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 | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Affordmed Foundation
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Affordmed Foundation are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Affordmed Foundation
Affordmed Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiw Kumar Singh Also directs: New Pharma Private Limited, Protech Cold Storage Private Limited, SKRR Pharma Solutions Private Limited and 2 more | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
| Renu Singh Also directs: SKRR Pharma Solutions Private Limited, Alice Medicare Private Limited, Procare Pharma Private Limited and 1 more | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
Ownership and Shareholding of Affordmed Foundation
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 Affordmed Foundation
Affordmed Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Affordmed Foundation
Employment history and EPFO contributions of people linked to Affordmed Foundation.
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.
Recent Activity on Affordmed Foundation
Affordmed Foundation has 2 board changes on record since 2020: 2 appointments. The latest: Renu Singh was appointed as Director on 07 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Affordmed Foundation
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 Affordmed Foundation
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 Affordmed Foundation
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 Affordmed Foundation
Affordmed Foundation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AATCA1430E1ZZ | Haryana | Active | 11 Mar 2020 |
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 Affordmed Foundation
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 Affordmed Foundation
Affordmed Foundation is an active private not for profit company based in Gurgaon, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 January 2020 (6+ years old) and is registered under CIN U33100HR2020NPL084594.
Affordmed Foundation reported revenue of ₹6.92 Lakh for FY 2022 (down 49% YoY).
Affordmed Foundation has 2 current directors:
- Sanjiw Kumar Singh - Director
- Renu Singh - Director
Affordmed Foundation reported a net loss of ₹55.59 Lakh and EBITDA of -₹37.33 Lakh for FY 2022, as per its filed financial statements.
The GSTIN of Affordmed Foundation is 06AATCA1430E1ZZ, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Affordmed Foundation is U33100HR2020NPL084594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affordmed Foundation was incorporated on 07 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
Renu Singh was appointed as Director on 07 Jan 2020. Sanjiw Kumar Singh was appointed as Director on 07 Jan 2020.
The registered office of Affordmed Foundation is at 314 3rd Floor Welldone Tech Park Sector – 48 Sohna Road, Gurgaon, Haryana, India – 122018.
Affordmed Foundation has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh.