Ifin Securities Finance Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 30.01 Cr
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth -3.65%
- Profit Growth 27.38%
- Ebitda -25.26%
- Net Worth 1.34%
- Total Assets 0.65%
About Ifin Securities Finance
Ifin Securities Finance Limited (ISFL) is a Public Limited Union Government Company incorporated in India on 27 July 1989 and has a history of 35 years and six months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Narayan Sriram Investments Private 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 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 30.01 Cr.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ifin Securities Finance Limited India are Masilamani Sathyavathi as COMPANY SECRETARY and Pushparaj Varadarajan as Cfo. Ramkumar Srinivasan, Sanjay Tanksale, 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
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65991TN1989GOI017792
- Company No.
017792
- Company Classification
Public Limited Union Government Company
- Incorporation Date
27 Jul 1989
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Ifin Securities Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karpagam Sundaramoorthy  | Managing Director | 04-Oct-2022 | Current |
| Masilamani Sathyavathi | Company Secretary | 06-Feb-2024 | Current |
| Pushparaj Varadarajan | CFO | 03-Feb-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramkumar Srinivasan | Director | 15-Jan-2013 | Current |
| Sanjay Tanksale | Director | 25-Oct-2019 | Current |
| Alan Pacheco | Nominee Director | 30-Mar-2021 | Current |
Financial Performance of Ifin Securities Finance.
Ifin Securities Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.65% decrease. The company also saw a substantial improvement in profitability, with a 27.38% increase in profit. The company's net worth moved up by a moderate rise of 1.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ifin Securities Finance?
In 2023, Ifin Securities Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ifin Credit LimitedRamkumar Srinivasan and Karpagam Sundaramoorthy are mutual person
- Ifci Financial Services Limited
Alan Pacheco, Karpagam Sundaramoorthy and 1 more are mutual person
- Ifin Commodities Limited
Alan Pacheco and Karpagam Sundaramoorthy are mutual person
Ifci Factors LimitedAlan Pacheco is a mutual person
Charges (Loans)
₹50.00 Cr
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Ifci Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2014 | Ifci Limited | ₹50.00 Cr | Open |
| 18 Jul 2012 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Ifin Securities Finance?
Ifin Securities Finance has a workforce of 4 employees as of Mar 22, 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 Ifin Securities Finance, 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 Securities Finance'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.
