Ifci Factors Limited

Provides short-term financing through factoring for various industries.

1995 | Delhi (India) | Active
Last Updated:

Ifci Factors Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 279.44 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1,670.00 Cr
  • Revenue Growth -41.84%
  • Profit Growth 56.39%
  • Ebitda -17.19%
  • Net Worth -2.68%
  • Total Assets -14.97%

About Ifci Factors

Ifci Factors Limited (IFL) is a leading Public Limited Union Government Company incorporated in India on 14 December 1995 and has a history of 29 years and five months. Its registered office is in Delhi, India.

The Corporate was formerly known as Foremost Factors 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 500.00 Cr and a paid-up capital of Rs 279.44 Cr.

The company has closed loans amounting to ₹1,670.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ifci Factors Limited India are Smit Kumar as COMPANY SECRETARY and Chirag Sapra as Cfo. Pooja Mahajan, Alan Pacheco, Himanshu Sharma, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995GOI074649

  • Company No.

    074649

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    14 Dec 1995

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Ifci Factors Limited

Explore comprehensive data for Ifci Factors Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ifci Factors?

Executive Team (3)

NameDesignationAppointment DateStatus
Alan Pacheco Country flag representing In Managing Director12-Oct-2022Current
Smit Kumar Company Secretary02-Nov-2021Current
Chirag Sapra CFO09-Oct-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Pooja Mahajan Country flag representing In Director 24-Nov-2022Current
Himanshu Sharma Country flag representing In Director 03-Sep-2024Current
Suresh Jain Country flag representing In Director 22-Jul-2020Current
Sachikanta Mishra Country flag representing In Director 14-Dec-2017Current
Ashok Motwani Country flag representing In Director 19-Aug-2021Current

Financial Performance of Ifci Factors.

Ifci Factors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.84% decrease. The company also saw a substantial improvement in profitability, with a 56.39% increase in profit. The company's net worth dipped by a decrease of 2.68%.

Ifci Factors revenue growth over time
Ifci Factors 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
-41.84%
Revenue from Operations
-60.52%
Total Assets
-14.97%
Profit or Loss
56.39%
Net Worth
-2.68%
EBITDA
-17.19%

What is the Ownership and Shareholding Structure of Ifci Factors?

In 2023, Ifci Factors had a promoter holding of 99.90% and a public holding of 0.10%. 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

₹1,670.00 Cr

Charges Breakdown by Lending Institutions

  • Ifci Limited : 544.00 Cr
  • Others : 240.00 Cr
  • Dena Bank : 150.00 Cr
  • Canara Bank : 125.00 Cr
  • The Federal Bank Ltd. : 125.00 Cr
  • Others : 486.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2023Ifci Limited₹19.00 CrSatisfied
12 Dec 2017Others₹140.00 CrSatisfied
19 Dec 2016Others₹50.00 CrSatisfied
24 Oct 2016Others₹50.00 CrSatisfied
12 May 2016Vijaya Bank₹25.00 CrSatisfied

How Many Employees Work at Ifci Factors?

Ifci Factors has a workforce of 16 employees as of Apr 05, 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.

Employee growth trends for Ifci Factors Limited

Deals i

Graph showing company valuation over time

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

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 Ifci Factors

Recent activity within the organization

  • Annual General Meeting

    Ifci Factors Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Director Appointment

    Himanshu Sharma was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 8 months 10 days .

  • Charges

    A charge registered on 25 May 2023 via Charge ID 100732051 with Ifci Limited was fully satisfied on 06 May 2024.

  • Charges

    A charge registered on 19 Jul 2013 via Charge ID 10446051 with Il & Fs Trust Company Limited was fully satisfied on 12 Apr 2024.

  • Charges

    A charge registered on 21 Jun 2013 via Charge ID 10437528 with Il & Fs Trust Company Limited was fully satisfied on 12 Apr 2024.

  • Balance Sheet

    Ifci Factors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

Frequently asked questions

  • What is the Incorporation or founding date of Ifci Factors Limited?

    Ifci Factors Limited was incorporated on 14 Dec 1995.

  • What is authorized share capital and paid-up capital of Ifci Factors Limited?

    The authorized share capital of Ifci Factors Limited is ₹ 500.00 Cr and paid-up capital is ₹ 279.44 Cr.

  • Who are the current board members & directors of Ifci Factors Limited?

    Currently 8 directors are associated with Ifci Factors Limited.

    • Pooja Mahajan
    • Alan Savio Pacheco
    • Himanshu Sharma
    • Smit Kumar
    • Suresh Kumar Jain
    • Sachikanta Mishra
    • Ashok Kumar Motwani
    • Chirag Sapra

  • What is the registered address of Ifci Factors Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ifci Factors Limited is 7Th Floor Ifci Tower 61 Nehru Place, India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Ifci Factors Limited?

    The corporate identification number (CIN) of Ifci Factors Limited is U74899DL1995GOI074649 and the company number is 074649 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ifci Factors Limited?

    The Official website of Ifci Factors Limited is https://www.ifcifactors.com

  • What has been the recent revenue trend for Ifci Factors Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ifci Factors Limited has fallen by -41.84%.

  • How many employees does Ifci Factors Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Ifci Factors Limited.

  • What change has been observed in the net worth of Ifci Factors Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ifci Factors Limited has experienced an downturn of -2.68%.

  • When was the last Balance Sheet of Ifci Factors Limited filed with the ROC?

    The most recent Balance Sheet for Ifci Factors Limited was filed with the ROC on 31 Mar 2024.

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