<SUBMISSION>
<ACCESSION-NUMBER>0001144204-08-048185
<TYPE>3
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20080807
<FILING-DATE>20080818
<DATE-OF-FILING-DATE-CHANGE>20080818
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>AFH ACQUISITION X, INC.
<CIK>0001419554
<ASSIGNED-SIC>6770
<IRS-NUMBER>421743430
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0930
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>C/O AMIR FARROKH HESHMATPOUR
<STREET2>9595 WILSHIRE BLVD., SUITE 900
<CITY>BEVERLY HILLS
<STATE>CA
<ZIP>90212
<PHONE>310-300-3431
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>C/O AMIR FARROKH HESHMATPOUR
<STREET2>9595 WILSHIRE BLVD., SUITE 900
<CITY>BEVERLY HILLS
<STATE>CA
<ZIP>90212
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>AFH Holding & Advisory, LLC
<CIK>0001414636
<STATE-OF-INCORPORATION>NV
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>3
<ACT>34
<FILE-NUMBER>000-53078
<FILM-NUMBER>081024856
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>9595 WILSHIRE BOULEVARD
<STREET2>SUITE 900
<CITY>BEVERLY HILLS
<STATE>CA
<ZIP>90212
<PHONE>310-300-3431
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>9595 WILSHIRE BOULEVARD
<STREET2>SUITE 900
<CITY>BEVERLY HILLS
<STATE>CA
<ZIP>90212
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>v122431_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2008-08-07</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001419554</issuerCik>
        <issuerName>AFH ACQUISITION X, INC.</issuerName>
        <issuerTradingSymbol>NONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001414636</rptOwnerCik>
            <rptOwnerName>AFH Holding &amp; Advisory, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9595 WILSHIRE BOULEVARD</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 900</rptOwnerStreet2>
            <rptOwnerCity>BEVERLY HILLS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90212</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $.001 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ Amir Farrokh Heshmatpour, Managing Director</signatureName>
        <signatureDate>2008-08-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
