Ifast Financial India Private Limited

Online investment platform for financial intermediaries, institutions, and companies, with services such as administration, IT solutions, and research.

2008 | Malad West, Maharashtra (India) | Active
Last Updated: July 31, 2024

Ifast Financial India Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 8.88 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -56.80%
  • Profit Growth 136.22%
  • Ebitda -33.00%
  • Net Worth 19.95%
  • Total Assets -5.52%

About Ifast Financial India

Ifast Financial India Private Limited (IFIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 13 June 2008 and has a history of 16 years and eight months. Its registered office is in Malad West, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 8.88 M, as per Ministry of Corporate Affairs (MCA) records.

Atul Shah, Hon Hee, and Weiyi Wong serve as directors at the Company.

Company Details

  • Location

    Malad West, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ifastfinancial.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2008FTC183495

  • Company No.

    183495

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    13 Jun 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Ifast Financial India?

Executive Team (1)

NameDesignationAppointment DateStatus
Hon Hee Country flag representing Sg Managing Director11-Dec-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Atul Shah Country flag representing In Additional Director 18-Jan-2024Current
Weiyi Wong Additional Director 17-Jul-2024Current

Financial Performance of Ifast Financial India.

Ifast Financial India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.8% decrease. The company also saw a substantial improvement in profitability, with a 136.22% increase in profit. The company's net worth Soared by an impressive increase of 19.95%.

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
-56.80%
Revenue from Operations
-59.56%
Total Assets
-5.52%
Profit or Loss
136.22%
Net Worth
19.95%
EBITDA
-33.00%

What is the Ownership and Shareholding Structure of Ifast Financial India?

In 2023, Ifast Financial India had a promoter holding of 95.40% and a public holding of 4.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ifast Financial India?

Ifast Financial India has a workforce of 2 employees as of Mar 27, 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 Ifast Financial India, 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 Ifast Financial India'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 Ifast Financial India

Recent activity within the organization

  • Director Appointment

    Weiyi Wong was appointed as a Additional Director was appointed as a Additional Director on 17 Jul 2024 & has been associated with this company since 7 months 8 days .

    17 Jul 2024

  • Director Appointment

    Atul Dhirubhai Shah was appointed as a Additional Director was appointed as a Additional Director on 18 Jan 2024 & has been associated with this company since 1 year 1 month .

    18 Jan 2024

  • Annual General Meeting

    Ifast Financial India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Ifast Financial India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Hon Siew Hee was appointed as a Managing Director was appointed as a Managing Director on 11 Dec 2015 & has been associated with this company since 9 years 2 months .

    11 Dec 2015

  • Company Incorporation

    Ifast Financial India Private Limited was registered on 13 Jun 2008 with Roc Mumbai & aged 16 years 8 months as per MCA records.

    13 Jun 2008

Frequently asked questions

  • Ifast Financial India Private Limited was incorporated on 13 Jun 2008.

  • The authorized share capital of Ifast Financial India Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.88 M.

  • Currently 3 directors are associated with Ifast Financial India Private Limited.

    • Atul Dhirubhai Shah
    • Hon Siew Hee
    • Weiyi Wong
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ifast Financial India Private Limited is Office No.502 5Th Floor Quantum Tower Chincholi Bunder Rd Ram Baug, Malad West, Maharashtra, India, 400064.

  • The corporate identification number (CIN) of Ifast Financial India Private Limited is U67190MH2008FTC183495 and the company number is 183495 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ifast Financial India Private Limited is https://www.ifastfinancial.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ifast Financial India Private Limited has fallen by -56.80%.

  • As Per 2023 financial reports, 2 employees are currently employed by Ifast Financial India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ifast Financial India Private Limited has experienced an upsurge of 19.95%.

  • The most recent Balance Sheet for Ifast Financial India Private Limited was filed with the ROC on 31 Mar 2023.

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