About
Basic Data Updated:
19 days agoOnce known as Foremost Factors Limited, IFCI Factors Limited has now established itself as a leading player in the world of factoring. With a strong credit rating report to back its credibility, the company specializes in providing factoring services for bills with a usance period of up to 120 days. These advances are short-term in nature and come with a fixed rate of interest, thanks to the credit facilities provided by IFCI Ltd, its parent company. IFCI Factors Limited caters to a diverse range of industries, including automotive, metal/steel, engineering, pharmaceuticals, textile, real estate, chemicals, infrastructure, electrical, power, hospitality, education, and logistics. With its expertise in factoring, the company has been able to support the growth and development of these industries, providing them with the necessary financial assistance to thrive. At IFCI Factors Limited, we understand the importance of timely and reliable financing for businesses. That's why we have built a strong reputation for ourselves in the market, with our efficient and transparent factoring services. Our team of experts works tirelessly to ensure that our clients receive the best possible solutions for their financial needs, enabling them to focus on their core operations and achieve their goals.
Industry
Company Details
- Location
South Delhi, Delhi, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U74899DL1995GOI074649 |
| Company No. | 074649 |
| Company Classification | Public Limited Union Government Company |
| Incorporation Date | 14 Dec 1995 |
| Date of AGM | 18 Dec 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Delhi |
Financials of Ifci Factors Limited
Ifci Factors Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.01% decrease. The company also saw a substantial fall in profitability, with a 82.1% decrease in profit. The company's net worth dipped by a decrease of 7.91%.
Corporate Structure
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People in Ifci Factors Limited
Unlock and access historical data on people associated with Ifci Factors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
AP
Alan Pacheco
Managing DirectorAppointment Date: 12-Oct-2022
Status: Current
CS
Chirag Sapra CFOAppointment Date: 21-Sep-2023
Status: Current
SK
Smit Kumar Company SecretaryAppointment Date: 02-Nov-2021
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Ifci Limited Creation Date: 25 May 2023 | ₹19.00 Cr | Open |
Il & Fs Trust Company Limited Creation Date: 19 Jul 2013 | ₹62.50 Cr | Open |
Il & Fs Trust Company Limited Creation Date: 21 Jun 2013 | ₹37.50 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ifci Factors, 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 Ifci Factors's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Ifci Infrastructure Development Limited
Active
16 years 7 months Sachikanta Mishra and Rahul Bhave are mutual person
Recent activity within the organization
Director Appointment
Rahul Bhave was appointed as a Nominee Director was appointed as a Nominee Director on 05 Jan 2024 & has been associated with this company since 4 months 6 days .
05 Jan 2024Annual General Meeting
Ifci Factors Limited last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.
18 Dec 2023Charges
A charge registered on 03 Mar 2011 via Charge ID 10271202 with Ifci Limited was fully satisfied on 06 Oct 2023.
06 Oct 2023Charges
A charge registered on 03 Aug 2010 via Charge ID 10232474 with Ifci Limited was fully satisfied on 06 Oct 2023.
06 Oct 2023Charges
A charge registered on 29 Jan 2010 via Charge ID 10201044 with Ifci Limited was fully satisfied on 06 Oct 2023.
06 Oct 2023
Recent News, Updates & Announcement
Sebi slaps Rs 5 lakh fine on IFCI Factors 3 others.Journeyline 09 Jan 2018
Frequently asked questions
What is the Incorporation or founding date of Ifci Factors Limited?
