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About Afri Ventures (India) Private Limited
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Afri Ventures (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of K.C. Agro Limited. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 31 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20219MH2009PTC198220. Its GSTIN is 27AAICA1357P1Z9 (Maharashtra). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.5 Cr. It was formerly known as Afri Ventures (India) Limited. It is led by directors Tarun Das Kumar and Vaitheeswaran Viswanathan.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.19 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹6.39 Lakh (net margin 0.1%) and EBITDA of ₹33.01 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company is associated with 1 brand: Afriventures. As per MCA filings, the company has open charges of ₹15 Cr on record. The company has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in March 2024. Its 5 peer companies in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 1 smaller; the largest is Agriprime Industries Private Limited with revenue of ₹64.52 Cr. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 30 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kewalramchanrai.com.
Company details
CIN history
Afri Ventures (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20219MH2009PTC198220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20219MH2009PTC198220 | Current |
| U24297MH2009PTC198220 | Previous |
| U51100MH2009PTC198220 | Previous |
Contact details
Afri Ventures (India) Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressOffice /Unit No. A – 204 2nd Floor Citi Point, J. B. Nagar Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryAgriculture, Agro Retail & Distribution
- 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
Brands
Afri Ventures (India) operates one associated brand: Afriventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply chain services for agriculture, automobile, food, healthcare, and transport in Africa. | afriventures.com |
Business activity
The main business activity of Afri Ventures (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Afri Ventures (India) Private Limited, buy the company report.
Financials of Afri Ventures (India) Private Limited
FY 2025 filings availableAfri Ventures (India) Private Limited reported revenue of ₹64.19 Cr (up 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 57% growth in the latest year. EBITDA rose 119% 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 | ₹33.01 Lakh | ||||
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| Net Profit (PAT) | ₹6.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Afri Ventures (India) Private Limited, buy the company report.
Board of directors of Afri Ventures (India) Private Limited
Afri Ventures (India) has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Das Kumar | Director | 31 Dec 2009 | 16 Years 10 Months | Current |
| Vaitheeswaran Viswanathan | Director | 13 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Afri Ventures (India) Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agriprime Industries Private Limited | ₹64.52 Cr (FY 2025) | 6.0% | Bikaner, Rajasthan, India | |||
| Shri Uma Cattlefeeds Private Limited | ₹64.49 Cr (FY 2025) | 176.0% | Palanpur, Gujarat, India | |||
| Growington Ventures India Limited | ₹64.33 Cr (FY 2025) | 84.0% | Navi Mumbai, Maharashtra, India | |||
| Nomic Associates Private Limited | ₹64.32 Cr (FY 2025) | 288.0% | Bangalore, Karnataka, India | |||
| Afri Ventures (India) Private Limitedthis company | ₹64.19 Cr (FY 2025) | ₹6.39 Lakh | 0.1% | 57.0% | Mumbai, Maharashtra, India | |
| Hoque Industries Private Limited | ₹63.42 Cr (FY 2022) | 443.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Afri Ventures (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2021 | 100470294 | Standard Chartered Bank | ₹15 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Afri Ventures (India) Private Limited has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹1 Cr | Investors: K.C. Agro Private Limited |
| May 2018 | Acquisition | ₹15.46 Cr | Buyer: K.C. Agro Private Limited |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: K.C. Agro Private Limited Seller: an individual |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: K C Agro Limited & Siva Subramanian, an individual Seller: 4 individuals |
| Sep 2010 | Acquisition | ₹98.8 Lakh | Buyer: K.C. Agro Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Afri Ventures (India) 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
Afri Ventures (India) Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 30 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Quality Services & Solutions (Gujarat) | |||
| Sunraj Shipping Agency | |||
| Pest Management (India) |
To see the full MSME payment records of Afri Ventures (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Afri Ventures (India) has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA1357P1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 33AAICA1357P1ZG | Tamil Nadu | Active | 01 Jul 2017 |
| 19AAICA1357P1Z6 | West Bengal | Active | 01 Apr 2018 |
| 37AAICA1357P1Z8 | Andhra Pradesh | Active | 20 May 2019 |
To see the full GST registrations and return filing status of Afri Ventures (India) Private Limited, buy the company report.
Recent activity
Afri Ventures (India) Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Vaitheeswaran Viswanathan ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Afri Ventures (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 31 December 2009 (17+ years old) and is registered under CIN U20219MH2009PTC198220.
Afri Ventures (India) has 2 current directors:
- Tarun Das Kumar - Director
- Vaitheeswaran Viswanathan - Director
The latest financial statements of Afri Ventures (India) 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 2015 are in the company report.
The GSTIN of Afri Ventures (India) is 27AAICA1357P1Z9, registered in Maharashtra. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAICA1357P1ZG (Tamil Nadu), 19AAICA1357P1Z6 (West Bengal), 37AAICA1357P1Z8 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Afri Ventures (India) is U20219MH2009PTC198220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afri Ventures (India) was incorporated on 31 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Afri Ventures (India) has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in March 2024.
The peers of Afri Ventures (India) by revenue are Agriprime Industries Private Limited, Shri Uma Cattlefeeds Private Limited, Growington Ventures India Limited, Nomic Associates Private Limited, Hoque Industries Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Vaitheeswaran Viswanathan ceased to be Additional Director on 29 Sep 2025. Rajeev Jain ceased to be Director on 13 Sep 2025. Vaitheeswaran Viswanathan was appointed as Director on 13 Sep 2025. Afri Ventures (India) has 8 board changes on record in total.
Afri Ventures (India) has 4 MSME Form 1 returns on record between 2023 and 2024, listing 30 overdue payments to 3 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Afri Ventures (India) can be reached through the website kewalramchanrai.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Afri Ventures (India) is at Office Unit No. A – 204 2nd Floor Citi Point, J. B. Nagar Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.
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