

Ifci Financial Services Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 41.53 Cr
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 95.00 Cr
- Revenue Growth -23.62%
- Profit Growth -457.28%
- Ebitda -119.38%
- Net Worth -6.07%
- Total Assets -15.04%
About Ifci Financial Services
Ifci Financial Services Limited (IFSL) is a leading Public Limited Union Government Company incorporated in India on 04 January 1995 and has a history of 30 years and four months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 41.53 Cr.
The company has closed loans amounting to ₹95.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ifci Financial Services Limited India are Pushparaj Varadarajan as CFO and Sathyavathi Masilamani as Company Secretary. Ramesh Dharmaji, Sanjay Pote, Rajesh Kumar, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74899DL1995GOI064034
- Company No.
064034
- Company Classification
Public Limited Union Government Company
- Incorporation Date
04 Jan 1995
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Ifci Financial Services Limited offer?
Ifci Financial Services Limited offers a wide range of products and services, including Insurance Service, Insurance Processing Services, Investment Service, Corporate Finance & Leasing Advisors.
Who are the key members and board of directors at Ifci Financial Services?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Karpagam Sundaramoorthy ![]() | Managing Director | 03-Oct-2022 | Current |
Pushparaj Varadarajan ![]() | CFO | 01-Sep-2014 | Current |
Sathyavathi Masilamani | Company Secretary | 24-Jul-2023 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sanjay Pote ![]() | Director | 12-May-2023 | Current |
Rajesh Kumar ![]() | Director | 07-Nov-2020 | Current |
Atul Saxena ![]() | Nominee Director | 19-May-2022 | Current |
Ramesh Dharmaji ![]() | Director | 29-Sep-2023 | Current |
Alan Pacheco ![]() | Nominee Director | 12-Mar-2021 | Current |
Financial Performance of Ifci Financial Services.
Ifci Financial Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.62% decrease. The company also saw a substantial fall in profitability, with a 457.28% decrease in profit. The company's net worth dipped by a decrease of 6.07%.


- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Ifci Financial Services?
In 2023, Ifci Financial Services had a promoter holding of 94.78% and a public holding of 5.22%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Stockholding Securities Ifsc Limited
Atul Saxena is a mutual person
- Ifin Commodities Limited
Sanjay Pote, Karpagam Sundaramoorthy and 2 more are mutual person
- Ifin Securities Finance Limited
Karpagam Sundaramoorthy and Pushparaj Varadarajan are mutual person
- Ifin Credit Limited
Karpagam Sundaramoorthy is a mutual person
- Kct Financial & Management Services Private Limited
Rajesh Kumar is a mutual person
- Ifci Factors Limited
Alan Pacheco is a mutual person
Charges (Loans)
₹0
₹95.00 Cr
Charges Breakdown by Lending Institutions
- Ifci Limited : 95.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
29 Sep 2015 | Ifci Limited | ₹10.00 Cr | Satisfied |
06 Jan 2010 | Ifci Limited | ₹50.00 Cr | Satisfied |
11 May 2009 | Ifci Limited | ₹35.00 Cr | Satisfied |
How Many Employees Work at Ifci Financial Services?
Ifci Financial Services has a workforce of 105 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Ifci Financial Services, 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 Financial Services'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 Ifci Financial Services
Recent activity within the organization
- Annual General Meeting
Ifci Financial Services Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Ifci Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 29 Sep 2015 via Charge ID 10598436 with Ifci Limited was fully satisfied on 22 Jan 2024.
- Director Appointment
Ramesh Gururaj Dharmaji was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Sanjay Pundalik Pote was appointed as a Director was appointed as a Director on 12 May 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Karpagam Sundaramoorthy was appointed as a Managing Director was appointed as a Managing Director on 03 Oct 2022 & has been associated with this company since 2 years 7 months .
Recent News, Updates & Announcement
- SEBI Fines IFCI Financial Services for POA Non-Compliance; Other Mutual Funds Under Scrutiny.
SEBI fined IFCI Financial Services Rs 2 lakh for not following POA guidelines. IFCI had to update POA for existing clients by 2010, but still had 1,651 clients with outdated POA in 2014. Even after being notified, IFCI did not update POA and is now being fined. SEBI expects market intermediaries to follow rules and has issued show-cause notices to other mutual funds as well..
Frequently asked questions
What is the Incorporation or founding date of Ifci Financial Services Limited?
Ifci Financial Services Limited was incorporated on 04 Jan 1995.
What is authorized share capital and paid-up capital of Ifci Financial Services Limited?
The authorized share capital of Ifci Financial Services Limited is ₹ 50.00 Cr and paid-up capital is ₹ 41.53 Cr.
Who are the current board members & directors of Ifci Financial Services Limited?
Currently 8 directors are associated with Ifci Financial Services Limited.
- Ramesh Gururaj Dharmaji
- Sanjay Pundalik Pote
- Rajesh Kumar
- Karpagam Sundaramoorthy
- Pushparaj Annangudi Varadarajan
- Sathyavathi Janakiraman Masilamani
- Alan Savio Pacheco
- Atul Saxena
What is the registered address of Ifci Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ifci Financial Services Limited is Ifci Tower 61 Nehru Place India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Ifci Financial Services Limited?
The corporate identification number (CIN) of Ifci Financial Services Limited is U74899DL1995GOI064034 and the company number is 064034 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ifci Financial Services Limited?
The Official website of Ifci Financial Services Limited is https://www.ifinltd.in
What has been the recent revenue trend for Ifci Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ifci Financial Services Limited has fallen by -23.62%.
How many employees does Ifci Financial Services Limited currently have?
As Per 2023 financial reports, 105 employees are currently employed by Ifci Financial Services Limited.
What change has been observed in the net worth of Ifci Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ifci Financial Services Limited has experienced an downturn of -6.07%.
When was the last Balance Sheet of Ifci Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Ifci Financial Services Limited was filed with the ROC on 31 Mar 2024.
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