Idfc First Bharat Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 5.58 Cr
- Company Age 21 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- 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 eight 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 2023. 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 has closed loans amounting to ₹5,030.09 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Idfc First Bharat Limited India is Boby Xavier as COMPANY SECRETARY. Mittur Sundararajan, Krishnamoorthy Arunachalam, Ashish Singh, 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
20 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Idfc First Bharat?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praveen Vecha  | Managing Director | 17-Feb-2021 | Current |
| Boby Xavier | Company Secretary | 24-Jun-2010 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jainallaudeen Sadakkadulla | Director | 01-Feb-2017 | Current |
| Mittur Sundararajan | Director | 01-Feb-2019 | Current |
| Krishnamoorthy Arunachalam | Director | 17-Oct-2014 | Current |
| Ashish Singh | Nominee Director | 17-Jan-2018 | Current |
| Narasimhan Seshadri | Director | 03-May-2019 | Current |
| Bharathi | Director | 18-Aug-2020 | 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)
Uef Chamber Of CommerceJainallaudeen Sadakkadulla is a mutual person
Roots Industries India Private LimitedMittur Sundararajan is a mutual person
Uti Asset Management Company LimitedNarasimhan Seshadri is a mutual person
Ptc India Financial Services LimitedBharathi is a mutual person
Nabkisan Finance LimitedBharathi is a mutual person
Charges (Loans)
₹0
₹5,030.09 Cr
Charges Breakdown by Lending Institutions
- Others : 1520.00 Cr
- Idbi Bank Limited : 580.00 Cr
- Icici Bank Limited : 295.00 Cr
- Mas Financial Services Limited : 162.50 Cr
- Hdfc Bank Limited : 148.70 Cr
- Others : 2323.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2016 | Others | ₹1,200.00 Cr | Satisfied |
| 28 Jun 2016 | Tamilnad Mercantile Bank Limited | ₹10.00 Cr | Satisfied |
| 24 Jun 2016 | The South Indian Bank Limited | ₹10.00 Cr | Satisfied |
| 26 May 2016 | Others | ₹300.00 Cr | Satisfied |
| 27 Apr 2016 | Others | ₹10.00 Cr | Satisfied |
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.
