
Afi Properties Private Limited
About Afi Properties Private Limited
Data last updated:
Afi Properties Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2016PTC094893. Its GSTIN is 29AAOCA5793M1ZP (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Seeyal Abdul Kharim (Managing Director) and Afifa Thekkil Ali.
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 5 – 108 Kairalike Kotekar – Beeri Road Derlakatte, Mangalore, Karnataka, India – 575018.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.25 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹71.58 Lakh (net margin -161.8%) and EBITDA of -₹68.37 Lakh (EBITDA margin -154.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Afi Properties Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 – 108 Kairalike Kotekar – Beeri Road Derlakatte, Mangalore, Karnataka, India – 575018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Afi Properties Private Limited, buy the company report.
- 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
Business activity
The main business activity of Afi Properties is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Afi Properties Private Limited, buy the company report.
Financials of Afi Properties Private Limited
FY 2025 filings availableAfi Properties Private Limited reported revenue of ₹44.25 Lakh (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 66% growth in the latest year. EBITDA fell 74% 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 | FY 2020-21 |
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| EBITDA | -₹68.37 Lakh | ||||
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| Net Profit (PAT) | -₹71.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -154.5% | ||||
| Net Profit Margin | -161.8% | ||||
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To see the full financial statements and ratios of Afi Properties Private Limited, buy the company report.
Board of directors of Afi Properties Private Limited
Afi Properties 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 |
|---|---|---|---|---|
| Afifa Thekkil Ali Also directs: Afi City Developers LLP | Director | 14 Apr 2020 | 6 Years 6 Months | Current |
| Seeyal Abdul Kharim Also directs: Afi City Developers LLP, Makwuds India Private Limited | Managing Director | 12 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Afi Properties Private Limited is audited by CA Rajan D'souza for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA Rajan D'souza | FY 2024 | 023728 |
Shareholding
The shareholding of Afi Properties Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Afi Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Afi Properties 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 Afi Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Afi Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA5793M1ZP | Karnataka | Active | 24 Aug 2022 |
To see the full GST registrations and return filing status of Afi Properties Private Limited, buy the company report.
Recent activity
Afi Properties Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Afifa Thekkil Ali was appointed as Director on 14 Apr 2020.
Frequently asked questions
Afi Properties is an active private limited company based in Mangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U70109KA2016PTC094893.
Afi Properties has 2 current directors:
- Seeyal Abdul Kharim - Managing Director
- Afifa Thekkil Ali - Director
The latest financial statements of Afi Properties 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 2017 are in the company report.
The GSTIN of Afi Properties is 29AAOCA5793M1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Afi Properties is U70109KA2016PTC094893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afi Properties was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Afifa Thekkil Ali was appointed as Director on 14 Apr 2020. Thekkil Puthiyamaligayil Ahamed Ali ceased to be Director on 18 Mar 2020. Seeyal Abdul Kharim was appointed as Managing Director on 12 Jul 2016.
The registered office of Afi Properties is at 5 – 108 Kairalike Kotekar – Beeri Road Derlakatte, Mangalore, Karnataka, India – 575018.
Afi Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Afi Properties is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.

