Afloat Enterprises Limited was originally incorporated on January 08, 2015 as a Private limited Company as Aawas Infratech Private Limited. The Company name was changed from Aawas Infratech Private Limited to Adishakti Loha and Ispat Private Limited dated October 01, 2019. Further the name of the said Company changed to Adishakti Loha and Ispat Limited and thereafter, the name got changed from Adishakti Loha and Ispat Limited to Afloat Enterprises Limited with effect from October 26, 2023.
Currently, Company is engaged in the business of trading metals with its core focus on trading in Iron and Steel specially in Tin plates, ETP Sheets, TFS and scrap etc with a diversified presence across the industrial sectors and also carry on the business to sell, buy, trade, import and export of wheat, rice, paddies, corn, oils and all other commodities in India and abroad.
Promoted by Mr. Pawan Kumar Mittal, the Company initially was incorporated with the object of managing, undertaking, carrying on and engaging in the business of Real Estate Development, Land Development and associated activities. It work out the operations from Godown located at KN/C-22 A(1), Rai Kedar Nath Margh, in New Delhi. It dealt in mild steel product, carbon steel, stainless etc.
The Company made a Public Issue of 18,20,000 equity shares by raising funds aggregating to Rs 2 Crore in October, 2021.
The Company operate as an intermediary to customers. It is currently serving the corporate and othe ...r clients. The Company work on a B2B model and the procurement of goods is carried out by it on order basis, owing to which, it do not maintain any inventory as the goods are supplied directly from supplier to customer. The Company face the competition in business from other existing traders and manufacturers of the products it trades in. The Company compete with its competitors on a regional or product line basis. Many of the competitors have substantially large capital base and resources and offer broader range products.
FAQs on AFLOAT Enterprises Ltd
1. Can I buy AFLOAT Enterprises Ltd from PL Capital? ›
Yes, you can invest in AFLOAT Enterprises Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track AFLOAT Enterprises Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade AFLOAT Enterprises Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does AFLOAT Enterprises Ltd pay dividends? ›
AFLOAT Enterprises Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of AFLOAT Enterprises Ltd ? ›
As of
07-Feb-2026 , the share price for AFLOAT Enterprises Ltd. is ₹ on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of AFLOAT Enterprises Ltd ? ›
The 52-week high and low of AFLOAT Enterprises Ltd share price is ₹ - ₹ as of
07-Feb-2026 , .
