Afore Systems Private Limited
About Afore Systems Private Limited
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Afore Systems Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 01 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC370720.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Ameya Bamnote and Anil Jayram Bamnote.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 115/C Gayatri Nagar, Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.35 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Lakh (net margin 10.4%) and EBITDA of ₹3.72 Lakh (EBITDA margin 19.2%).
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- Registered AddressPlot No 115/C Gayatri Nagar, Nagpur, Maharashtra, India – 440022
- IndustryInformation Technology, Other Computer Related Activities
- 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 Afore Systems Private Limited
The main business activity of Afore Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Afore Systems Private Limited FY 2024 filings available
Afore Systems Private Limited reported revenue of ₹19.35 Lakh (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Afore Systems Private Limited
Revenue rose 13% in the latest year. EBITDA rose 15% 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 Afore Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹3.72 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.01 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 Afore Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 19.2% | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• |
| 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 Afore Systems are in the company report.
Financial statements from FY 2022
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 Afore Systems Private Limited
Afore Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asvam Infotech Private Limited | ₹19.36 Lakh (FY 2024) | •••• | •••• | 63.0% | •••• | Coimbatore, Tamil Nadu, India |
| Devlla Techno Services Private Limited | ₹19.36 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | Bhojpur, Bihar, India |
| Devaki Technologies (India) Private Limited | ₹19.36 Lakh (FY 2022) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Tech Sri Rama IT Services Private Limited | ₹19.36 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Dhanbad, Jharkhand, India |
| Ethics Techno Services Private Limited | ₹19.35 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Afore Systems Private Limited this company | ₹19.35 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Nagpur, Maharashtra, India |
| Msnwall Private Limited | ₹19.35 Lakh (FY 2024) | •••• | •••• | 619.0% | •••• | Delhi, India |
| Secto Elemento Technologies Private Limited | ₹19.35 Lakh (FY 2024) | •••• | •••• | 358.0% | •••• | Ahmednagar, Maharashtra, India |
| Praesidium IT Solutions Private Limited | ₹19.35 Lakh (FY 2023) | •••• | •••• | 99.0% | •••• | Chandigarh, India |
| Dailypit Technologies India Private Limited | ₹19.35 Lakh (FY 2024) | •••• | •••• | -77.0% | •••• | Delhi, India |
| Lastbyte Solutions Private Limited | ₹19.34 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Afore Systems by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Afore Systems Private Limited
Afore Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ameya Bamnote | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Anil Jayram Bamnote | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Ravi Rangarajan Temparai | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
Charges & Borrowings of Afore Systems Private Limited
Afore Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Afore Systems Private Limited
Employment history and EPFO contributions of people linked to Afore Systems.
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 Afore Systems Private Limited
Afore Systems Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Ameya Bamnote was appointed as Director on 01 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Afore Systems 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 Afore Systems 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 Afore Systems 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 Afore Systems Private Limited
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 Afore Systems 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 Afore Systems Private Limited
Afore Systems is an active private limited company based in Nagpur, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 01 November 2021 (5+ years old) and is registered under CIN U72900MH2021PTC370720.
Afore Systems reported revenue of ₹19.35 Lakh for FY 2025 (up 13% YoY).
Afore Systems has 3 current directors:
- Ameya Bamnote - Director
- Anil Jayram Bamnote - Director
- Ravi Rangarajan Temparai - Director
Afore Systems reported a net profit of ₹2.01 Lakh (net margin 10.4%) and EBITDA of ₹3.72 Lakh (EBITDA margin 19.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Afore Systems is U72900MH2021PTC370720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afore Systems was incorporated on 01 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Afore Systems by revenue are Asvam Infotech Private Limited, Devlla Techno Services Private Limited, Devaki Technologies (India) Private Limited, Tech Sri Rama IT Services Private Limited, Ethics Techno Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ameya Bamnote was appointed as Director on 01 Nov 2021. Anil Jayram Bamnote was appointed as Director on 01 Nov 2021. Ravi Rangarajan Temparai was appointed as Director on 01 Nov 2021.
The registered office of Afore Systems is at Plot No 115C Gayatri Nagar, Nagpur, Maharashtra, India – 440022.
Afore Systems has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh.
Afore Systems operates in the information technology industry, in the other computer related activities segment.