Ideal Financing Corporation Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 38 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 136.27 Cr
- Satisfied Charges ₹ 1.60 Cr
- Revenue Growth 6.63%
- Profit Growth -115.13%
- Ebitda 6.99%
- Net Worth -5.76%
- Total Assets 38.17%
About Ideal Financing Corporation
Ideal Financing Corporation Limited (IFCL) is a Public Limited Indian Non-Government Company incorporated in India on 27 March 1987 and has a history of 38 years and one month. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Financial 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 4.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹136.27 Cr. The company has closed loans amounting to ₹1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nakul Himatsingka, Anuj Tulsyan, and Pawan Chomal serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921WB1987PLC042117
- Company No.
042117
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Mar 1987
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Financial Services
Ideal Financing Corporation Limited
Explore comprehensive data for Ideal Financing Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ideal Financing Corporation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nakul Himatsingka  | Director | 26-Dec-1997 | Current |
| Anuj Tulsyan | Director | 02-Aug-2019 | Current |
| Pawan Chomal | Additional Director | 02-Nov-2023 | Current |
Financial Performance of Ideal Financing Corporation.
Ideal Financing Corporation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.63% increase. The company also saw a substantial fall in profitability, with a 115.13% decrease in profit. The company's net worth dipped by a decrease of 5.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Ideal Financing Corporation?
In 2021, Ideal Financing Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ideal Gymnasium Private LimitedNakul Himatsingka is a mutual person
- Himatsingka Infrastructure Private Limited
Nakul Himatsingka and Anuj Tulsyan are mutual person
- Ideal Niwas Private Limited
Nakul Himatsingka is a mutual person
- Ideal Realcon Private Limited
Nakul Himatsingka is a mutual person
- Ideal Infracon Private Limited
Nakul Himatsingka is a mutual person
- Ideal Movers Private Limited
Nakul Himatsingka and Anuj Tulsyan are mutual person
Charges (Loans)
Open Charges
₹136.27 Cr
Satisfied Charges
₹1.60 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 136.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2021 | Bank Of India | ₹136.27 Cr | Open |
| 25 Feb 1987 | Bank Of India | ₹1.60 Cr | Satisfied |
How Many Employees Work at Ideal Financing Corporation?
Unlock and access historical data on people associated with Ideal Financing Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ideal Financing 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 Ideal Financing Corporation's trajectory.
Rating
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
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 Ideal Financing Corporation
Recent activity within the organization
- Annual General Meeting
Ideal Financing Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Ideal Financing Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Pawan Kumar Chomal was appointed as a Additional Director was appointed as a Additional Director on 02 Nov 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge with Bank Of India amounted to Rs. 136.27 Cr with Charge ID 100419438 was registered on 05 Feb 2021.
- Director Appointment
Anuj Tulsyan was appointed as a Director was appointed as a Director on 02 Aug 2019 & has been associated with this company since 5 years 9 months .
- Charges
A charge registered on 25 Feb 1987 via Charge ID 80050280 with Bank Of India was fully satisfied on 19 Nov 2008.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ideal Financing Corporation Limited?
Ideal Financing Corporation Limited was incorporated on 27 Mar 1987.
What is authorized share capital and paid-up capital of Ideal Financing Corporation Limited?
The authorized share capital of Ideal Financing Corporation Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Ideal Financing Corporation Limited?
Currently 3 directors are associated with Ideal Financing Corporation Limited.
- Nakul Himatsingka
- Anuj Tulsyan
- Pawan Kumar Chomal
What is the registered address of Ideal Financing Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ideal Financing Corporation Limited is 50 J L Nehru Road, India, Kolkata, West Bengal, 700071.
What is the corporate identification number (CIN) and company number of Ideal Financing Corporation Limited?
The corporate identification number (CIN) of Ideal Financing Corporation Limited is U65921WB1987PLC042117 and the company number is 042117 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ideal Financing Corporation Limited?
The Official website of Ideal Financing Corporation Limited is https://www.ideal.in
What has been the recent revenue trend for Ideal Financing Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ideal Financing Corporation Limited has risen by 6.63%.
What change has been observed in the net worth of Ideal Financing Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ideal Financing Corporation Limited has experienced an downturn of -5.76%.
What are the total open charges for Ideal Financing Corporation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ideal Financing Corporation Limited amount to ₹ 136.27 Cr.
When was the last Balance Sheet of Ideal Financing Corporation Limited filed with the ROC?
The most recent Balance Sheet for Ideal Financing Corporation Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Divya HimatsingkaDirectorSH
Srawan HimatsingkaDirectorTH
Tirthraj HimatsingkaDirector
Similar Companies Based on NBFC
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India