Afl Management Private Limited
About Afl Management Private Limited
Data last updated:
Afl Management Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2003PTC042159. Its GSTIN is 24AAECA7387B1ZU (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vibhor Babubhai Parikh and Miral Hareshbhai Maniar.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.3 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹18.67 Lakh (net margin 40.3%) and EBITDA of ₹19.64 Lakh (EBITDA margin 42.4%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 12% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social Media
- Registered Address206 Scarlet Gateway Opp. Rivera Antilla Off Corporate Road Prahladnagar.Off Sg H, Ighway, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Afl Management Private Limited
The main business activity of Afl Management is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Afl Management Private Limited FY 2025 filings available
Afl Management Private Limited reported revenue of ₹46.3 Lakh (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Afl Management Private Limited
Revenue rose 50% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 191% 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 of Afl Management Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.67 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 Afl Management Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 40.3% | •••• | •••• | •••• | •••• |
| 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 Afl Management are in the company report.
Financial statements from 2015
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.
Peer Comparison of Afl Management Private Limited
Afl Management Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bafna Share Broking Services Private Limited | ₹46.71 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Kolkata, West Bengal, India |
| Gesture Securities Private Limited | ₹46.52 Lakh (FY 2024) | •••• | •••• | 159.0% | •••• | Mumbai, Maharashtra, India |
| Greatdeal Management Services Private Limited | ₹46.42 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
| Ofira Wealth Creators Private Limited | ₹46.4 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Surat, Gujarat, India |
| Steelcity Consultants Private Limited | ₹46.3 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Rourkela, Odisha, India |
| Afl Management Private Limited this company | ₹46.3 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Ahmedabad, Gujarat, India |
| Kathakali Vincom Private Limited | ₹46.18 Lakh (FY 2024) | •••• | •••• | 247.0% | •••• | Kolkata, West Bengal, India |
| Sunshine Ventures Private Limited | ₹46.12 Lakh (FY 2020) | •••• | •••• | 75.0% | •••• | Kolkata, West Bengal, India |
| Mangalam Stock Broking Private Limited | ₹46.07 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Techno Holdings (India) Pvt Ltd | ₹46.06 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Tiforp Online Platform (OPC) Private Limited | ₹46.03 Lakh (FY 2018) | •••• | •••• | 755.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Afl Management by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Afl Management Private Limited
Afl Management Private Limited is audited by APAJI AMIN & CO. LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| APAJI AMIN & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Afl Management Private Limited
Afl Management has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibhor Babubhai Parikh Also directs: Afl Equipments Private Limited | Director | 24 Mar 2003 | 23 Years 6 Months | Current |
| Miral Hareshbhai Maniar Also directs: Afl Equipments Private Limited | Director | 05 Jun 2019 | 7 Years 4 Months | Current |
| Sonal Vibhor Parikh Also directs: Afl Equipments Private Limited | Director | 24 Mar 2003 | 23 Years 6 Months | Current |
| Bhavik Pravinbhai Champaneri | Additional Director | 13 Feb 2026 | 0 Years 7 Months | Current |
Ownership and Shareholding of Afl Management Private Limited
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 Afl Management Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2003 | State Bank of India | ₹10 Lakh | Satisfied |
| 07 Jun 2003 | State Bank of India | ₹10 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Afl Management Private Limited
Afl Management Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (OJA) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Afl Management Private Limited
Afl Management Private Limited has a workforce of 3 employees as of Apr 09, 2024.
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 Afl Management Private Limited
Afl Management Private Limited has 8 board changes on record since 2003: 5 appointments and 3 cessations. The latest: Bhavik Pravinbhai Champaneri was appointed as Additional Director on 13 Feb 2026.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Afl Management Private Limited
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 Afl Management Private Limited
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 Afl Management Private Limited
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 Afl Management Private Limited
Afl Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA7387B1ZU | Gujarat | Active | 01 Jul 2017 |
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 Afl Management Private Limited
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 Afl Management Private Limited
Afl Management is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 24 March 2003 (23+ years old) and is registered under CIN U74140GJ2003PTC042159.
Afl Management reported revenue of ₹46.3 Lakh for FY 2025 (up 50% YoY).
Afl Management has 4 current directors:
- Vibhor Babubhai Parikh - Director
- Miral Hareshbhai Maniar - Director
- Sonal Vibhor Parikh - Director
- Bhavik Pravinbhai Champaneri - Additional Director
Afl Management reported a net profit of ₹18.67 Lakh (net margin 40.3%) and EBITDA of ₹19.64 Lakh (EBITDA margin 42.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Afl Management is 36% over three years and -12% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Afl Management is 24AAECA7387B1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Afl Management is U74140GJ2003PTC042159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afl Management has 2 court cases on record: 2 filed against it.
Afl Management was incorporated on 24 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Afl Management by revenue are Bafna Share Broking Services Private Limited, Gesture Securities Private Limited, Greatdeal Management Services Private Limited, Ofira Wealth Creators Private Limited, Steelcity Consultants Private Limited and 5 more, all in the BFSI industry (Broking Services).
Bhavik Pravinbhai Champaneri was appointed as Additional Director on 13 Feb 2026. Dhruvesh Gajendrabhai Patel ceased to be Additional Director on 30 Sep 2019. Miral Hareshbhai Maniar ceased to be Additional Director on 30 Sep 2019. Afl Management has 8 board changes on record in total.