Afore Technical Services Private Limited
About Afore Technical Services Private Limited
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Afore Technical Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2012PTC231330. Its GSTIN is 07AAKCA2413Q1ZG (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Kumar and Anurag Goel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Building No – 243/10 Second Floor Amrit Puri Garhi East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.22 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹26.15 Lakh (net margin -8.1%) and EBITDA of -₹15.48 Lakh (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Afore Technical Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressBuilding No – 243/10 Second Floor Amrit Puri Garhi East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Afore Technical Services 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 Afore Technical Services is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Afore Technical Services Private Limited, buy the company report.
Financials of Afore Technical Services Private Limited
FY 2018 filings availableAfore Technical Services Private Limited reported revenue of ₹3.22 Cr (down 46% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 46% fall in the latest year. EBITDA rose 56% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.22 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹15.48 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹26.15 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.8% | |||
| Net Profit Margin | -8.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Afore Technical Services Private Limited, buy the company report.
Board of directors of Afore Technical Services Private Limited
Afore Technical Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Goel Also directs: Techarex Networks Private Limited | Additional Director | 17 Apr 2015 | 11 Years 6 Months | Current |
| Rakesh Kumar Also directs: Harric Travels Private Limited, Techarex Networks Private Limited | Director | 10 Feb 2012 | 14 Years 9 Months | Current |
Auditor
Afore Technical Services Private Limited is audited by VINOD AJAY & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD AJAY & ASSOCIATES | FY 2018 | 013144N |
Shareholding
The shareholding of Afore Technical Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Afore Technical Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2016 | 100050152 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Afore Technical Services Private Limited has 8 court cases on record: 8 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Arbitration matter | Filed against the company by Logix Soft Tel Pvt Ltd. | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Kanika Investment Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Ms World Phone Internet Services Pvt Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Arbitration matter | Filed against the company by Logix Soft Tel Pvt. Ltd. | Pending |
| District court, East, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Afore Technical Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Afore Technical Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Afore Technical Services Private Limited has a workforce of 6 employees on its EPFO records as of Mar 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 6 |
GST
Afore Technical Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCA2413Q1ZG | Delhi | Active | 01 Jul 2017 |
| 09AAKCA2413Q1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Afore Technical Services Private Limited, buy the company report.
Recent activity
Afore Technical Services Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Anurag Goel was appointed as Additional Director on 17 Apr 2015.
Frequently asked questions
Afore Technical Services is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 February 2012 (14+ years old) and is registered under CIN U72200DL2012PTC231330.
Afore Technical Services has 2 current directors:
- Anurag Goel - Additional Director
- Rakesh Kumar - Director
The latest financial statements of Afore Technical Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Afore Technical Services is 07AAKCA2413Q1ZG, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAKCA2413Q1ZC (Uttar Pradesh).
The CIN (Corporate Identification Number) of Afore Technical Services is U72200DL2012PTC231330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afore Technical Services has 8 court cases on record: 8 filed against it. 1 is pending.
Afore Technical Services was incorporated on 10 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Anurag Goel was appointed as Additional Director on 17 Apr 2015. Vishal Gupta ceased to be Director on 17 Apr 2015. Vaibhav Srivastava ceased to be Director on 28 Jan 2014. Afore Technical Services has 4 board changes on record in total.
The registered office of Afore Technical Services is at Building No – 24310 Second Floor Amrit Puri Garhi East Of Kailash, New Delhi, Delhi, India – 110065.
Afore Technical Services operates in the information technology industry, in the application development and software solutions segment.
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