Ideaforge Technology Limited

Manufactures and markets UAV systems for security and surveillance purposes.

2007 | Thane, Maharashtra (India) | Active
Last Updated: May 15, 2024

Ideaforge Technology Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 42.89 Cr
  • Company Age 18 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 177.72 Cr
  • Satisfied Charges ₹ 103.00 Cr
  • Revenue Growth 353.76%
  • Profit Growth 483.95%
  • Ebitda 733.48%
  • Net Worth 101.83%
  • Total Assets 71.38%

About Ideaforge Technology

Ideaforge Technology Limited (ITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 February 2007 and has a history of 18 years. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 42.89 Cr.

The company currently has active open charges totaling ₹177.72 Cr. The company has closed loans amounting to ₹103.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ideaforge Technology Limited India are Ankit Mehta as CEO and Gupta Dilipkumar as Company Secretary. Ganapathy Subramaniam, Vikas Balia, Srikanth Velamakanni, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31401MH2007PLC167669

  • Company No.

    167669

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 2007

  • Date of AGM

    06 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Ideaforge Technology Limited offer?

Ideaforge Technology Limited offers a wide range of products and services, including Security AlArms, Detectors & Devices, Electronic Siren, Intelligence and Spying Devices, Drones.

Who are the key members and board of directors at Ideaforge Technology?

Executive Team (2)

NameDesignationAppointment DateStatus
Ankit Mehta CEO01-Dec-2022Current
Gupta Dilipkumar Country flag representing In Company Secretary15-Dec-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Vikas Balia Country flag representing In Director 14-Dec-2022Current
Sutapa Banerjee Country flag representing In Director 14-Dec-2022Current
Rahul Singh Country flag representing In Whole-Time Director 08-Feb-2007Current
Ganapathy Subramaniam Country flag representing In Nominee Director 28-Nov-2017Current
Srikanth Velamakanni Country flag representing In Director 14-Dec-2022Current
Mathew Cyriac Country flag representing In Nominee Director 24-Jun-2022Current

Financial Performance of Ideaforge Technology.

Ideaforge Technology Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 353.76% increase. The company also saw a substantial improvement in profitability, with a 483.95% increase in profit. The company's net worth Soared by an impressive increase of 101.83%.

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
353.76%
Revenue from Operations
365.36%
Total Assets
71.38%
Profit or Loss
483.95%
Net Worth
101.83%
EBITDA
733.48%

What is the Ownership and Shareholding Structure of Ideaforge Technology?

In 2021, Ideaforge Technology had a promoter holding of 52.83% and a public holding of 47.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹177.72 Cr

Satisfied Charges

₹103.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 88.45 Cr
  • Hdfc Bank Limited : 59.28 Cr
  • Axis Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2022Axis Bank Limited₹30.00 CrOpen
28 Mar 2022Others₹75.00 CrOpen
23 Nov 2021Hdfc Bank Limited₹59.28 CrOpen
20 Jan 2021Others₹13.45 CrOpen
15 Jul 2021Others₹24.00 CrSatisfied

How Many Employees Work at Ideaforge Technology?

Ideaforge Technology has a workforce of 355 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ideaforge Technology, 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 Ideaforge Technology'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 Ideaforge Technology

Recent activity within the organization

  • Annual General Meeting

    Ideaforge Technology Limited last Annual general meeting of members was held on 06 Jun 2023 as per latest MCA records.

    06 Jun 2023

  • Balance Sheet

    Ideaforge Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 28 Mar 2022 with Charge ID 100552356 was modified on 13 Mar 2023.

    13 Mar 2023

  • Charges

    A charge registered on 23 Nov 2016 via Charge ID 100062903 with Others was fully satisfied on 05 Jan 2023.

    05 Jan 2023

  • Director Appointment

    Vikas Balia was appointed as a Director was appointed as a Director on 14 Dec 2022 & has been associated with this company since 2 years 2 months .

    14 Dec 2022

  • Director Appointment

    Srikanth Velamakanni was appointed as a Director was appointed as a Director on 14 Dec 2022 & has been associated with this company since 2 years 2 months .

    14 Dec 2022

Frequently asked questions

  • Ideaforge Technology Limited was incorporated on 08 Feb 2007.

  • The authorized share capital of Ideaforge Technology Limited is ₹ 60.00 Cr and paid-up capital is ₹ 42.89 Cr.

  • Currently 10 directors are associated with Ideaforge Technology Limited.

    • Ganapathy Subramaniam
    • Vikas Balia
    • Srikanth Velamakanni
    • Mathew Cyriac
    • Rahul Singh
    • Ankit Mehta
    • Ashish Ramesh Bhat
    • Sutapa Banerjee
    • Ankit Mehta
    • Gupta Sonam Dilipkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ideaforge Technology Limited is El-146 Ttc Industrial Area Electronic Zone, Midc Mahape Navi Mumbai, Maharashtra, India, 400710.

  • The corporate identification number (CIN) of Ideaforge Technology Limited is U31401MH2007PLC167669 and the company number is 167669 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ideaforge Technology Limited is https://www.ideaforgetech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ideaforge Technology Limited has risen by 353.76%.

  • As Per 2022 financial reports, 355 employees are currently employed by Ideaforge Technology Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ideaforge Technology Limited has experienced an upsurge of 101.83%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ideaforge Technology Limited amount to ₹ 177.72 Cr.

  • The most recent Balance Sheet for Ideaforge Technology Limited was filed with the ROC on 31 Mar 2023.

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