Idfc First Bank Limited

Bank offering various services including loans, investments, and third-party products.

2014 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 25, 2024

Idfc First Bank Profile

Key Indicators

  • Authorised Capital ₹ 7,538.00 Cr
  • Paid Up Capital ₹ 7,077.28 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 36,892.53 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Idfc First Bank

Idfc First Bank Limited (IFBL) is a Public Limited Indian Non-Government Company incorporated in India on 21 October 2014 and has a history of Ten years and four months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539437 and on the National Stock Exchange(NSE) under IDFCFIRSTB.

The Corporate was formerly known as Idfc Bank 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 2023. It's a company limited by shares with an authorized capital of Rs 7,538.00 Cr and a paid-up capital of Rs 7,077.28 Cr.

The company has closed loans amounting to ₹36,892.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Idfc First Bank Limited India are Satish Gaikwad as COMPANY SECRETARY and Sudhanshu Jain as Cfo. Sanjeeb Chaudhuri, Matangi Gowrishankar, Mahendra Shah, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    idfcfirstbank.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L65110TN2014PLC097792

  • Company No.

    097792

  • Stock Symbol

    BSE : 539437 NSE : IDFCFIRSTB

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2014

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Idfc First Bank?

Executive Team (3)

NameDesignationAppointment DateStatus
Vaidyanathan Vembu Country flag representing In Managing Director19-Dec-2018Current
Satish Gaikwad Country flag representing In Company Secretary19-Dec-2018Current
Sudhanshu Jain CFO27-Mar-2020Current

Board Members (9)

NameDesignationAppointment DateStatus
Vishal Mahadevia Country flag representing Us Director 18-Dec-2018Current
Sanjeeb Chaudhuri Country flag representing Gb Director 10-May-2019Current
Pravir Vohra Country flag representing In Director 01-Aug-2018Current
Matangi Gowrishankar Country flag representing In Director 02-Feb-2024Current
Ganesh Iyer Country flag representing In Director 30-Apr-2021Current
Brinda Jagirdar Country flag representing In Director 18-Dec-2018Current

Financial Performance of Idfc First Bank.

Idfc First Bank Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Idfc First Bank?

In 2021, Idfc First Bank had a promoter holding of 39.98% and a public holding of 60.03%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹36,892.53 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 25584.73 Cr
  • Others : 5008.20 Cr
  • Hdfc Bank Limited : 1669.60 Cr
  • Syndicate Bank : 1500.00 Cr
  • Central Bank Of India : 1250.00 Cr
  • Others : 1880.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2018Others₹1,048.20 CrSatisfied
22 Nov 2018Others₹700.00 CrSatisfied
12 Oct 2018Others₹500.00 CrSatisfied
09 Oct 2018Idbi Trusteeship Services Limited₹50.00 CrSatisfied
09 Oct 2018Idbi Trusteeship Services Limited₹50.00 CrSatisfied

How Many Employees Work at Idfc First Bank?

Idfc First Bank has a workforce of 38839 employees as of Mar 29, 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 Idfc First Bank, 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 Idfc First Bank'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 Idfc First Bank

Recent activity within the organization

  • Director Appointment

    Matangi Gowrishankar was appointed as a Director was appointed as a Director on 02 Feb 2024 & has been associated with this company since 1 year 20 days .

    02 Feb 2024

  • Annual General Meeting

    Idfc First Bank Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.

    31 Aug 2023

  • Charges

    A charge registered on 30 May 2017 via Charge ID 100106025 with Bank Of India was fully satisfied on 12 Apr 2023.

    12 Apr 2023

  • Balance Sheet

    Idfc First Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 09 Aug 2018 via Charge ID 100216579 with Hdfc Bank Limited was fully satisfied on 29 Nov 2022.

    29 Nov 2022

  • Charges

    A charge registered on 26 Jun 2018 via Charge ID 100213037 with Hdfc Bank Limited was fully satisfied on 29 Nov 2022.

    29 Nov 2022

Frequently asked questions

  • Idfc First Bank Limited was incorporated on 21 Oct 2014.

  • The authorized share capital of Idfc First Bank Limited is ₹ 7,538.00 Cr and paid-up capital is ₹ 7,077.28 Cr.

  • Currently 12 directors are associated with Idfc First Bank Limited.

    • Satish Ashok Gaikwad
    • Sudhanshu Jain
    • Sanjeeb Chaudhuri
    • Matangi Gowrishankar
    • Mahendra Narandas Shah
    • Vaidyanathan Vembu
    • Pravir Kumar Vohra
    • Ganesh Kumar Sundara Iyer
    • Jaimini Bhagwati
    • Brinda Jagirdar
    • Aashish Ramdas Kamat
    • Vishal Kashyap Mahadevia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Idfc First Bank Limited is Krm Tower 7Th Floor No. 1, Harrington Road Chetpet, Chennai, Tamil Nadu, India, 600031.

  • The corporate identification number (CIN) of Idfc First Bank Limited is L65110TN2014PLC097792 and the company number is 097792 as per Ministry of Corporate Affairs (MCA).

  • Yes, Idfc First Bank Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IDFCFIRSTB.

  • The Official website of Idfc First Bank Limited is https://www.idfcfirstbank.com

  • As Per 2023 financial reports, 38839 employees are currently employed by Idfc First Bank Limited.

  • The most recent Balance Sheet for Idfc First Bank Limited was filed with the ROC on 31 Mar 2023.

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