Foundation Of Independent Financial Associates

Founded in 2012 and headquartered in Maharashtra, India.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Foundation Of Independent Financial Associates Profile

Key Indicators

  • Company Age 13 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -9.20%
  • Profit Growth -28.98%
  • Ebitda -31.57%
  • Net Worth 10.43%
  • Total Assets 11.08%

About Foundation Of Independent Financial Associates

Foundation Of Independent Financial Associates (FOIFA) is a Public Not For Profit Company incorporated in India on 15 February 2012 and has a history of 13 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Brijesh Dalmia, Mazhar Arif, Gurpreet Singh, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fifaindia.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2012NPL226953

  • Company No.

    226953

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    15 Feb 2012

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

Who are the key members and board of directors at Foundation Of Independent Financial Associates?

Board Members (11)

NameDesignationAppointment DateStatus
Yogesh Sharma Country flag representing In Director 15-Feb-2012Current
Sangeeta Jhaveri Country flag representing In Director 15-Feb-2012Current
Mazhar Arif Country flag representing In Director 15-Feb-2012Current
Brijesh Dalmia Country flag representing In Director 26-Jul-2012Current
Gurpreet Singh Country flag representing In Director 20-Nov-2017Current
Sanjay Khatri Country flag representing In Director 19-Mar-2018Current

Financial Performance of Foundation Of Independent Financial Associates.

Foundation Of Independent Financial Associates, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.2% decrease. The company also saw a substantial fall in profitability, with a 28.98% decrease in profit. The company's net worth Soared by an impressive increase of 10.43%.

Graph illustrating revenue growth over time
Graph showing 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
-9.20%
Revenue from Operations
Total Assets
11.08%
Profit or Loss
-28.98%
Net Worth
10.43%
EBITDA
-31.57%

What is the Ownership and Shareholding Structure of Foundation Of Independent Financial Associates?

Unlock access to Foundation Of Independent Financial Associates's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Foundation Of Independent Financial Associates?

Unlock and access historical data on people associated with Foundation Of Independent Financial Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Foundation Of Independent Financial Associates, 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 Foundation Of Independent Financial Associates'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

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Latest Updates, News, and FAQs on Foundation Of Independent Financial Associates

Recent activity within the organization

  • Annual General Meeting

    Foundation Of Independent Financial Associates last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

  • Balance Sheet

    Foundation Of Independent Financial Associates has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sanjay Jiwandas Khatri was appointed as a Director was appointed as a Director on 19 Mar 2018 & has been associated with this company since 6 years 11 months .

    19 Mar 2018

  • Director Appointment

    Gurpreet Singh was appointed as a Director was appointed as a Director on 20 Nov 2017 & has been associated with this company since 7 years 3 months .

    20 Nov 2017

  • Director Appointment

    Vinodkumar Jain Fatehchand was appointed as a Director was appointed as a Director on 26 Aug 2016 & has been associated with this company since 8 years 6 months .

    26 Aug 2016

  • Director Appointment

    Yogendra Rajkumar Khanna was appointed as a Director was appointed as a Director on 25 Sep 2013 & has been associated with this company since 11 years 5 months .

    25 Sep 2013

Frequently asked questions

  • Foundation Of Independent Financial Associates was incorporated on 15 Feb 2012.

  • The authorized share capital of Foundation Of Independent Financial Associates is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 11 directors are associated with Foundation Of Independent Financial Associates.

    • Brijesh Kumar Dalmia
    • Mazhar Hussain Najmuddin Arif
    • Gurpreet Singh
    • Yogesh Sharma
    • Sangeeta Sunil Jhaveri
    • Sanjay Jiwandas Khatri
    • Roopa Venkatkrishnan
    • Vinodkumar Jain Fatehchand
    • Dhruv Lalit Mehta
    • Yogendra Rajkumar Khanna
    • Asit Haresh Bhansali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foundation Of Independent Financial Associates is 7 3Rd Floor Rahimtoola House 7 Homji Street Fort, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Foundation Of Independent Financial Associates is U74990MH2012NPL226953 and the company number is 226953 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Foundation Of Independent Financial Associates is https://www.fifaindia.org

  • According to the financial reports for the fiscal year 2022, the revenue trend for Foundation Of Independent Financial Associates has fallen by -9.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Foundation Of Independent Financial Associates has experienced an upsurge of 10.43%.

  • The most recent Balance Sheet for Foundation Of Independent Financial Associates was filed with the ROC on 31 Mar 2024.

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