Afsons Industrial Corporation Limited Company Logo

Afsons Industrial Corporation Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1959.

1959 | Mumbai, Maharashtra, India | Active
Last Updated:

About Afsons Industrial Corporation Limited

Afsons Industrial Corporation Limited, a active public limited company, was established on 23 September 1959 in Mumbai, Maharashtra, India. Engaging in paper & packaging products within the manufacturing sector, it holds CIN: U99999MH1959PLC011460. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹2.49 M.

It upholds a compliant status. Employing 30 professional, Its leadership includes Zainab Ashfaq Kagalwala (Director), Zakiya Taherali Kagalwala (Director), Moiz Abdullabhai Kagalwalla (Director). Past directors included Asif Lampwala. It holds ₹1.63 M open charges and no settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at 18, Shamaldas Gandhi Marg Fidaalli Building, 1St Floor,, Mumbai, Maharashtra, 400002.

Company Details

  • CIN/LLPIN

    U99999MH1959PLC011460

  • Registration Number

    011460

  • Incorporation Date

    23 September 1959

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹2.49 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.49 M
  • Company Age 66 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.63 M
  • Revenue Growth -10.52%
  • Profit Growth 59.13%
  • Ebitda 13.62%
  • Net Worth -4.19%
  • Total Assets -2.55%
Company report

Afsons Industrial Corporation Limited

Company Report FY 2025-2026

Explore comprehensive insights into Afsons Industrial Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Afsons Industrial Corporation Limited?

Current Directors

NameDesignationAppointment DateStatus
Zainab Ashfaq KagalwalaDirector30 Oct 2005Current
Zakiya Taherali KagalwalaDirector30 Sep 2016Current
Moiz Abdullabhai KagalwallaDirector27 Jun 2003Current
Zohair Husain Abdul Husain FidviDirector30 Sep 2011Current
Taherali Abdulla Bhai KagalwalaManaging Director11 Dec 1967Current
Asif LampwalaDirector30 Sep 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Jan 2022Past

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Financial Performance of Afsons Industrial Corporation.

Afsons Industrial Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 10.52% decrease. The company also saw a substantial improvement in profitability, with a 59.13% increase in profit. The company's net worth dipped by a decrease of 4.19%.

Afsons Industrial Corporation revenue growth over time
Afsons Industrial Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.52%
Revenue from Operations
-10.58%
Total Assets
-2.55%
Profit or Loss
59.13%
Net Worth
-4.19%
EBITDA
13.62%

What is the Ownership and Shareholding Structure of Afsons Industrial Corporation?

In 2019, Afsons Industrial Corporation had a promoter holding of 28.36% and a public holding of 71.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹1,630,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2019Others₹1.63 MOpen

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How Many Employees Work at Afsons Industrial Corporation?

Afsons Industrial Corporation has a workforce of 30 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Afsons Industrial Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Afsons Industrial Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Afsons Industrial Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Afsons Industrial Corporation

Recent Activity within the Organization

  • Director Appointment

    The activity Naresh Shivaram Haldankar was appointed as a Director was appointed as a Director on 26 Mar 2025 & has been associated with this company since 8 months 10 days . was completed.

  • Director Appointment

    Razia Shabbir Kagalwala was appointed as a Director was appointed as a Director on 26 Mar 2025 & has been associated with this company since 8 months 10 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Afsons Industrial Corporation Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100270044 was registered on 14 Jun 2019. was completed.

  • Balance Sheet

    The activity Afsons Industrial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Zakiya Taherali Kagalwala was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 9 years 2 months . was completed.

Frequently Asked Questions

  • What is the CIN of Afsons Industrial Corporation Limited?

    The CIN of Afsons Industrial Corporation Limited is U99999MH1959PLC011460.

  • Where is Afsons Industrial Corporation Limited headquartered?

    Afsons Industrial Corporation Limited is headquartered at 18, Shamaldas Gandhi Marg Fidaalli Building, 1St Floor,, Mumbai, Maharashtra, 400002.

  • When was Afsons Industrial Corporation Limited incorporated?

    Afsons Industrial Corporation Limited was incorporated on 23 September 1959.

  • Who are the current directors of Afsons Industrial Corporation Limited?

    The current directors of Afsons Industrial Corporation Limited are

  • What is the primary industry of Afsons Industrial Corporation Limited?

    The primary industry of Afsons Industrial Corporation Limited is Manufacturing.

  • Is Afsons Industrial Corporation Limited a listed company?

    Afsons Industrial Corporation Limited is unlisted.

  • What is the capital structure of Afsons Industrial Corporation Limited?

    The authorized capital of Afsons Industrial Corporation Limited is ₹1.00 Cr, and the paid-up capital is ₹2.49 M.

  • What is the compliance status of Afsons Industrial Corporation Limited?

    The compliance status of Afsons Industrial Corporation Limited is Compliant.

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