Idfc First Bharat Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 5.58 Cr
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.40 Cr
- Satisfied Charges ₹ 5,030.09 Cr
- Revenue Growth 34.73%
- Profit Growth 35.59%
- Ebitda 41.23%
- Net Worth 31.54%
- Total Assets 54.88%
About Idfc First Bharat
Idfc First Bharat Limited (IFBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 May 2003 and has a history of 21 years and nine months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.
The Corporate was formerly known as Grama Vidiyal Micro Finance 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 50.00 Cr and a paid-up capital of Rs 5.58 Cr.
The company currently has active open charges totaling ₹9.40 Cr. The company has closed loans amounting to ₹5,030.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Idfc First Bharat Limited India are Boby Xavier as COMPANY SECRETARY and Jeganathan Aravind as Cfo. Praveen Vecha, Pradeep Natarajan, Shikha Kamdar, and Four other members serve as directors at the Company.
Company Details
- Location
Tiruchirappalli, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65929TN2003PLC050856
- Company No.
050856
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 May 2003
- Date of AGM
26 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Idfc First Bharat?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praveen Vecha  | Managing Director | 17-Feb-2021 | Current |
| Boby Xavier | Company Secretary | 24-Jun-2010 | Current |
| Jeganathan Aravind | CFO | 25-May-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Natarajan | Nominee Director | 15-Jul-2024 | Current |
| Shikha Kamdar | Nominee Director | 05-Jun-2024 | Current |
| Rajesh Krishnamoorthy | Nominee Director | 05-Jun-2024 | Current |
| Bharathi | Director | 18-Aug-2020 | Current |
| Narasimhan Seshadri | Director | 03-May-2019 | Current |
| Ashish Singh | Nominee Director | 17-Jan-2018 | Current |
Financial Performance of Idfc First Bharat.
Idfc First Bharat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.73% increase. The company also saw a substantial improvement in profitability, with a 35.59% increase in profit. The company's net worth Soared by an impressive increase of 31.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Idfc First Bharat?
In 2023, Idfc First Bharat 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)
Uti Asset Management Company LimitedNarasimhan Seshadri is a mutual person
Ptc India Financial Services LimitedBharathi is a mutual person
Ikf Home Finance LimitedJeganathan Aravind is a mutual person
Nabkisan Finance LimitedBharathi is a mutual person
Idbi Bank LimitedBharathi is a mutual person
- Trogon Grove Private Limited
Rajesh Krishnamoorthy is a mutual person
Charges (Loans)
Open Charges
₹9.40 Cr
Satisfied Charges
₹5,030.09 Cr
Charges Breakdown by Lending Institutions
- Others : 9.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2025 | Others | ₹1.21 M | Open |
| 06 Feb 2025 | Others | ₹1.41 M | Open |
| 21 Jan 2025 | Others | ₹1.37 M | Open |
| 06 Jan 2025 | Others | ₹1.64 M | Open |
| 30 Dec 2024 | Others | ₹1.13 M | Open |
How Many Employees Work at Idfc First Bharat?
Idfc First Bharat has a workforce of 16860 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Idfc First Bharat, 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 Bharat'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 Idfc First Bharat
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101046603 was registered on 06 Feb 2025.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101046606 was registered on 06 Feb 2025.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101036067 was registered on 21 Jan 2025.
- Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 101036074 was registered on 06 Jan 2025.
- Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101035501 was registered on 30 Dec 2024.
- Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101025162 was registered on 27 Dec 2024.
Recent News, Updates & Announcement
IDFC Bank, Bandhan Bank take diverging paths for growth | Mint.IDFC Bank does not believe in branch expansion; Bandhan, which has its origins in the microfinance business, is trying to get bulk funds from high-net-worth individuals.
Frequently asked questions
What is the Incorporation or founding date of Idfc First Bharat Limited?
Idfc First Bharat Limited was incorporated on 12 May 2003.
What is authorized share capital and paid-up capital of Idfc First Bharat Limited?
The authorized share capital of Idfc First Bharat Limited is ₹ 50.00 Cr and paid-up capital is ₹ 5.58 Cr.
Who are the current board members & directors of Idfc First Bharat Limited?
Currently 9 directors are associated with Idfc First Bharat Limited.
- Praveen Vecha
- Pradeep Natarajan
- Shikha Hora Kamdar
- Boby Xavier
- Jeganathan Aravind
- Rajesh Krishnamoorthy
- Bharathi
- Narasimhan Seshadri
- Ashish Singh
What is the registered address of Idfc First Bharat Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Idfc First Bharat Limited is S.A.N.Complex No.4 Williamsroad Cantonment, India, Tiruchirappalli, Tamil Nadu, 620001.
What is the corporate identification number (CIN) and company number of Idfc First Bharat Limited?
The corporate identification number (CIN) of Idfc First Bharat Limited is U65929TN2003PLC050856 and the company number is 050856 as per Ministry of Corporate Affairs (MCA).
What is the official website of Idfc First Bharat Limited?
The Official website of Idfc First Bharat Limited is https://www.idfcbharat.com
What has been the recent revenue trend for Idfc First Bharat Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Idfc First Bharat Limited has risen by 34.73%.
How many employees does Idfc First Bharat Limited currently have?
As Per 2023 financial reports, 16860 employees are currently employed by Idfc First Bharat Limited.
What change has been observed in the net worth of Idfc First Bharat Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Idfc First Bharat Limited has experienced an upsurge of 31.54%.
What are the total open charges for Idfc First Bharat Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Idfc First Bharat Limited amount to ₹ 9.40 Cr.
When was the last Balance Sheet of Idfc First Bharat Limited filed with the ROC?
The most recent Balance Sheet for Idfc First Bharat Limited was filed with the ROC on 31 Mar 2024.
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