- Udyam number
- UDYAM-GJ-24-0027493

About Afrinext Overseas Private Limited
Data last updated:
Afrinext Overseas Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 13 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC096837. Its GSTIN is 24AAPCA4518H1ZO (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Hitesh Lalwani and Nidhi Lalwani Hitesh.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.02 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Cr (net margin 2%) and EBITDA of ₹4.08 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 34% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Afrinext. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 5 cases are pending.
Afrinext Overseas Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0027493). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website afrinext.in.
Company details
Recognitions & Rankings of Afrinext Overseas
Contact details
Afrinext Overseas Private Limited's registered office is in Vadodara, Gujarat. Its website is afrinext.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 1006 Neptune Edge B/H Neptune Trinity Neptune Campus Dr Vikram Sarabhai Road, Vadiwadi, Vadodara, Gujarat, India – 390007
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Afrinext Overseas 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
Brands
Afrinext Overseas operates one associated brand: Afrinext. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing, export, and related healthcare services in India. | afrinext.in |
Business activity
The main business activity of Afrinext Overseas 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 Afrinext Overseas Private Limited, buy the company report.
Financials of Afrinext Overseas Private Limited
FY 2024 filings availableAfrinext Overseas Private Limited reported revenue of ₹144.02 Cr (up 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 65% growth in the latest year. EBITDA rose 91% 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 | ₹4.08 Cr | ||||
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| Net Profit (PAT) | ₹2.83 Cr | ||||
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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 | 2.8% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Afrinext Overseas Private Limited, buy the company report.
Board of directors of Afrinext Overseas Private Limited
Afrinext Overseas has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Lalwani | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
| Nidhi Lalwani Hitesh | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Afrinext Overseas Private Limited is audited by Jigna V Shah & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jigna V Shah & Co | FY 2023 | 0129313W |
Shareholding
The shareholding of Afrinext Overseas Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Afrinext Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2020 | 100375609 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Afrinext Overseas Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Afrinext Overseas Private Limited has 12 court cases on record: 1 filed by Afrinext Overseas, 11 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 10 | 4 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against VT Container Lines India Pvt Ltd and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Shalina Laboratories Private Limited and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Shalina Laboratories Private Limited and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by Shalina Laboratories Private Limited and Anr | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Sun Pharmaceutical Industries Limited | Disposed |
To see the full case history of Afrinext Overseas 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 Afrinext Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Afrinext Overseas Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Afrinext Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA4518H1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Afrinext Overseas Private Limited, buy the company report.
Recent activity
Afrinext Overseas Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Hitesh Lalwani was appointed as Director on 13 Apr 2017.
Frequently asked questions
Afrinext Overseas is an active private limited company based in Vadodara, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 13 April 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC096837.
Afrinext Overseas has 2 current directors:
- Hitesh Lalwani - Director
- Nidhi Lalwani Hitesh - Director
The latest financial statements of Afrinext Overseas on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Afrinext Overseas is 24AAPCA4518H1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Afrinext Overseas is U74999GJ2017PTC096837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afrinext Overseas has 12 court cases on record: 1 filed by the company and 11 filed against it. 5 are pending. Most are in the high courts.
Afrinext Overseas was incorporated on 13 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hitesh Lalwani was appointed as Director on 13 Apr 2017. Nidhi Lalwani Hitesh was appointed as Director on 13 Apr 2017.
Yes, Afrinext Overseas is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0027493).
Afrinext Overseas can be reached through the website afrinext.in. Its registered office is in Vadodara, Gujarat, India.

