Idf Financial Services Private Limited

This company provides micro-finance services to empower poor women through SHGs and offers financial assistance for various purposes.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated:

Idf Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 32.80 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 444.07 Cr
  • Satisfied Charges ₹ 597.15 Cr
  • Revenue Growth 32.54%
  • Profit Growth 93.08%
  • Ebitda 37.86%
  • Net Worth 25.83%
  • Total Assets 37.76%

About Idf Financial Services

Idf Financial Services Private Limited (IFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1994 and has a history of 30 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Dhavalagiri Arthik Services Private Limited. 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 35.00 Cr and a paid-up capital of Rs 32.80 Cr.

The company currently has active open charges totaling ₹444.07 Cr. The company has closed loans amounting to ₹597.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Idf Financial Services Private Limited India is Prashant Hegde as COMPANY SECRETARY. Vivekanand Salimath, Gururaj Deshpande, Kasturi Dambal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67910KA1994PTC016476

  • Company No.

    016476

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1994

  • Date of AGM

    17 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Idf Financial Services Private Limited

Explore comprehensive data for Idf Financial Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Idf Financial Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Prashant Hegde Country flag representing In Company Secretary26-Mar-2019Current
Naganagouda Patil Country flag representing In Managing Director30-Oct-2008Current

Board Members (4)

NameDesignationAppointment DateStatus
Vivekanand Salimath Country flag representing In Director 30-Oct-2008Current
Gururaj Deshpande Country flag representing In Director 07-Sep-2015Current
Kasturi Dambal Country flag representing In Director 21-Mar-2013Current
Srikantha Shenoy Country flag representing In Director 30-Oct-2008Current

Financial Performance of Idf Financial Services.

Idf Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.54% increase. The company also saw a substantial improvement in profitability, with a 93.08% increase in profit. The company's net worth Soared by an impressive increase of 25.83%.

Idf Financial Services revenue growth over time
Idf Financial Services 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
32.54%
Revenue from Operations
27.61%
Total Assets
37.76%
Profit or Loss
93.08%
Net Worth
25.83%
EBITDA
37.86%

What is the Ownership and Shareholding Structure of Idf Financial Services?

In 2023, Idf Financial Services had a promoter holding of 91.66% and a public holding of 8.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹444.07 Cr

Satisfied Charges

₹597.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 293.00 Cr
  • Sidbi : 45.00 Cr
  • Indian Overseas Bank : 38.00 Cr
  • State Bank Of India : 25.00 Cr
  • The South Indian Bank Limited : 14.00 Cr
  • Others : 29.07 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2024Others₹5.00 CrOpen
08 Oct 2024Others₹15.00 CrOpen
30 Sep 2024Others₹15.00 CrOpen
26 Sep 2024Others₹7.00 CrOpen
07 Aug 2024Others₹10.00 CrOpen

How Many Employees Work at Idf Financial Services?

Idf Financial Services has a workforce of 193 employees as of Apr 01, 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.

Employee growth trends for Idf Financial Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Idf Financial Services, 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 Idf Financial Services'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 Idf Financial Services

Recent activity within the organization

  • Charges

    A charge registered on 27 Sep 2022 via Charge ID 100611938 with Others was fully satisfied on 11 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100989046 was registered on 16 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100996326 was registered on 08 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100991826 was registered on 30 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100996330 was registered on 26 Sep 2024.

  • Charges

    A charge registered on 29 Sep 2022 via Charge ID 100615511 with Others was fully satisfied on 18 Sep 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Idf Financial Services Private Limited?

    Idf Financial Services Private Limited was incorporated on 27 Oct 1994.

  • What is authorized share capital and paid-up capital of Idf Financial Services Private Limited?

    The authorized share capital of Idf Financial Services Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 32.80 Cr.

  • Who are the current board members & directors of Idf Financial Services Private Limited?

    Currently 6 directors are associated with Idf Financial Services Private Limited.

    • Vivekanand Nagayya Salimath
    • Gururaj Madhav Deshpande
    • Prashant Mahabaleshwar Hegde
    • Kasturi Dharmanna Dambal
    • Naganagouda Marigouda Patil
    • Srikantha Thirthahalli Venkatesh Shenoy

  • What is the registered address of Idf Financial Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Idf Financial Services Private Limited is House No 5 Anugraha Second Floor(Unit-1) National High School Road, V Puram India, Bangalore South, Karnataka, 560004.

  • What is the corporate identification number (CIN) and company number of Idf Financial Services Private Limited?

    The corporate identification number (CIN) of Idf Financial Services Private Limited is U67910KA1994PTC016476 and the company number is 016476 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Idf Financial Services Private Limited?

    The Official website of Idf Financial Services Private Limited is https://www.idf-finance.in

  • What has been the recent revenue trend for Idf Financial Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Idf Financial Services Private Limited has risen by 32.54%.

  • How many employees does Idf Financial Services Private Limited currently have?

    As Per 2023 financial reports, 193 employees are currently employed by Idf Financial Services Private Limited.

  • What change has been observed in the net worth of Idf Financial Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Idf Financial Services Private Limited has experienced an upsurge of 25.83%.

  • What are the total open charges for Idf Financial Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Idf Financial Services Private Limited amount to ₹ 444.07 Cr.

  • When was the last Balance Sheet of Idf Financial Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Idf Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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