Afg Combustion Private Limited - Company Profile

It is a machinery and equipment private limited company based in Dist-Mehsana, Gujarat, India, established in 1984.
1984 Dist-Mehsana, Gujarat, India Active
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About Afg Combustion Private Limited

Afg Combustion Private Limited, a active private limited company, was established on 07 April 1984 in Dist-Mehsana, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U24110GJ1984PTC006875. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.53 Cr.

Formerly known as Airoil Flaregas (India) Private Limited, Airoil Flaregas Private Limited. It upholds a compliant status. Employing 202 professional, Its leadership includes Gautam Hasmukh Sheth (Director), Nigel Andrade (Director), Damji Champsey Chheda (Director). Past directors included Hasmukh Chinubhai Sheth, Alan Thomas Barlow, Nigel Andrade. It holds ₹265.26 Cr open charges and ₹72.59 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Survey No 788 Opp Torrentlaboratories Ltd Kalol Mehsana Highway Indrad, Dist-Mehsana, Gujarat, 383341.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24110GJ1984PTC006875

  • Registration Number

    006875

  • Incorporation Date

    07 April 1984

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹8.53 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.53 Cr
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 265.26 Cr
  • Satisfied Charges ₹ 72.59 Cr
  • Revenue Growth **** 34.98%
  • Profit Growth **** 79.53%
  • Ebitda **** 85.23%
  • Net Worth 13.50%
  • Total Assets **** 18.26%
Company report

Afg Combustion Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Afg Combustion 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 Afg Combustion Private Limited?
Current Directors
Name Designation Appointment Date Status
Gautam Hasmukh Sheth Director 01 Sep 1995 Current
Nigel Andrade Director 06 Feb 2014 Current
Damji Champsey Chheda Director 29 Sep 1995 Current
Mitesh Mahendra Sanghavi Whole-Time Director 21 Mar 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 31 Mar 2019 Past
Pramod Abcsdd Director 11 Sep 2009 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Director 08 Jan 2014 Past
Pramod Abcsdd Additional Director 27 Sep 2010 Past
Pramod Abcsdd Director 07 Mar 2011 Past

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Financial Performance of Afg Combustion.

Afg Combustion Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 34.98% increase. The company also saw a substantial improvement in profitability, with a 79.53% increase in profit. The company's net worth Soared by an impressive increase of 13.5%.

Afg Combustion revenue growth over time
Afg Combustion 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
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 34.98%
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Revenue from Operations
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 36.70%
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*******
Total Assets
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 18.26%
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*******
*******
Profit or Loss
*******
 79.53%
*******
*******
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Net Worth
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 13.50%
*******
*******
*******
*******
EBITDA
*******
 85.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Afg Combustion?

In 2024, Afg Combustion 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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Charges (Loans)
Open Charges

₹2,652,644,000.00

Satisfied Charges

₹725,866,714.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 265.00 Cr
  • Axis Bank Limited : 0.26 Cr
Latest Charge Details
Date Lender Amount Status
12 Dec 2023 Canara Bank ₹65.00 Cr Open
09 Feb 2023 Axis Bank Limited ₹2.64 M Open
31 May 2004 Canara Bank ₹200.00 Cr Open
17 Dec 2020 Hdfc Bank Limited ₹4.35 M Satisfied
18 Jul 2020 Canara Bank ₹1.30 M Satisfied

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How Many Employees Work at Afg Combustion?

Afg Combustion has a workforce of 202 employees as of Mar 24, 2025. 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 Afg Combustion, 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 Afg Combustion'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.

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Latest Updates, News, and FAQs on Afg Combustion
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 14 Oct 2017 via Charge ID 100135748 with Others was fully satisfied on 03 Jul 2025. was completed.

  • Charges

    The activity A charge registered on 10 Dec 2018 via Charge ID 100226979 with Canara Bank was fully satisfied on 30 Apr 2025. was completed.

  • Charges

    The activity A charge registered on 17 Dec 2020 via Charge ID 100405034 with Hdfc Bank Limited was fully satisfied on 07 Dec 2024. was completed.

  • Annual General Meeting

    Afg Combustion Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Afg Combustion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 65.00 Cr with Charge ID 100840419 was registered on 12 Dec 2023. was documented.

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Frequently Asked Questions
What is the CIN of Afg Combustion Private Limited?

The CIN of Afg Combustion Private Limited is U24110GJ1984PTC006875.

Where is Afg Combustion Private Limited headquartered?

Afg Combustion Private Limited is headquartered at Survey No 788 Opp Torrentlaboratories Ltd Kalol Mehsana Highway Indrad, Dist-Mehsana, Gujarat, 383341.

When was Afg Combustion Private Limited incorporated?

Afg Combustion Private Limited was incorporated on 07 April 1984.

Who are the current directors of Afg Combustion Private Limited?

The current directors of Afg Combustion Private Limited are

What is the primary industry of Afg Combustion Private Limited?

The primary industry of Afg Combustion Private Limited is Manufacturing.

Is Afg Combustion Private Limited a listed company?

Afg Combustion Private Limited is unlisted.

What is the capital structure of Afg Combustion Private Limited?

The authorized capital of Afg Combustion Private Limited is ₹10.00 Cr, and the paid-up capital is ₹8.53 Cr.

What is the compliance status of Afg Combustion Private Limited?

The compliance status of Afg Combustion Private Limited is Compliant.

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