Ifin Commodities Limited

Brokerage for security and commodity contracts, based in Chennai.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Ifin Commodities Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -31.85%
  • Profit Growth -73.34%
  • Ebitda -29.32%
  • Net Worth -12.90%
  • Total Assets -15.97%

About Ifin Commodities

Ifin Commodities Limited (ICL) is a Public Limited Union Government Company incorporated in India on 21 January 2009 and has a history of 16 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Ifci Commodity 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ifin Commodities Limited India is Sathyavathi Masilamani as COMPANY SECRETARY. Sanjay Pote, Karpagam Sundaramoorthy, Alan Pacheco, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    icomltd.in

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U93000TN2009GOI070524

  • Company No.

    070524

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    21 Jan 2009

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Ifin Commodities?

Executive Team (1)

NameDesignationAppointment DateStatus
Sathyavathi Masilamani Company Secretary08-Aug-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjay Pote Country flag representing In Director 10-May-2023Current
Karpagam Sundaramoorthy Country flag representing In Director 04-Oct-2022Current
Alan Pacheco Country flag representing In Nominee Director 12-Mar-2021Current
Manoj Purushottam Country flag representing In Director 21-Jan-2009Current

Financial Performance of Ifin Commodities.

Ifin Commodities Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 31.85% decrease. The company also saw a substantial fall in profitability, with a 73.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.9%.

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
-31.85%
Revenue from Operations
-30.46%
Total Assets
-15.97%
Profit or Loss
-73.34%
Net Worth
-12.90%
EBITDA
-29.32%

What is the Ownership and Shareholding Structure of Ifin Commodities?

In 2021, Ifin Commodities had a promoter holding of 100.00%. 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 Ifin Commodities?

Ifin Commodities has a workforce of 14 employees as of Mar 29, 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 Ifin Commodities, 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 Ifin Commodities'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 Ifin Commodities

Recent activity within the organization

  • Annual General Meeting

    Ifin Commodities Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Ifin Commodities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sathyavathi Janakiraman Masilamani was appointed as a Company Secretary was appointed as a Company Secretary on 08 Aug 2023 & has been associated with this company since 1 year 6 months .

    08 Aug 2023

  • Director Appointment

    Sanjay Pundalik Pote was appointed as a Director was appointed as a Director on 10 May 2023 & has been associated with this company since 1 year 9 months .

    10 May 2023

  • Director Appointment

    Karpagam Sundaramoorthy was appointed as a Director was appointed as a Director on 04 Oct 2022 & has been associated with this company since 2 years 4 months .

    04 Oct 2022

  • Director Appointment

    Alan Savio Pacheco was appointed as a Nominee Director was appointed as a Nominee Director on 12 Mar 2021 & has been associated with this company since 3 years 11 months .

    12 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Ifin Commodities Limited was incorporated on 21 Jan 2009.

  • The authorized share capital of Ifin Commodities Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 5 directors are associated with Ifin Commodities Limited.

    • Sanjay Pundalik Pote
    • Karpagam Sundaramoorthy
    • Sathyavathi Janakiraman Masilamani
    • Alan Savio Pacheco
    • Manoj Rege Purushottam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ifin Commodities Limited is 142 Mahatma Gandhi Road Nungambakkam India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Ifin Commodities Limited is U93000TN2009GOI070524 and the company number is 070524 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ifin Commodities Limited is https://www.icomltd.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ifin Commodities Limited has fallen by -31.85%.

  • As Per 2022 financial reports, 14 employees are currently employed by Ifin Commodities Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ifin Commodities Limited has experienced an downturn of -12.90%.

  • The most recent Balance Sheet for Ifin Commodities Limited was filed with the ROC on 31 Mar 2024.

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