Ifocus Systec (India) Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.22 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 45.38%
- Profit Growth -79.61%
- Ebitda -17.48%
- Net Worth 1.85%
- Total Assets -1.87%
About Ifocus Systec (India)
Ifocus Systec (India) Private Limited (ISIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 March 2007 and has a history of 18 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology 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 4.00 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹5.22 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ifocus Systec (India) Private Limited India is L Iyer as CEO. Babu Dhammanagi, Purushothama Kavrady, Tholasampatti Prasad, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900KA2007PTC042022
- Company No.
042022
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Mar 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Ifocus Systec (India) Private Limited
Explore comprehensive data for Ifocus Systec (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ifocus Systec (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| L Iyer | CEO | 24-May-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tholasampatti Prasad  | Additional Director | 09-Aug-2024 | Current |
| Purushothama Kavrady | Whole-Time Director | 08-Mar-2007 | Current |
| Harsha Dhammanagi | Director | 08-Jul-2017 | Current |
| Babu Dhammanagi | Whole-Time Director | 08-Mar-2007 | Current |
| Mangala Dhammanagi | Director | 25-Sep-2017 | Current |
| Gururaj Karajagi | Director | 01-Feb-2012 | Current |
Financial Performance of Ifocus Systec (India).
Ifocus Systec (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.38% increase. The company also saw a substantial fall in profitability, with a 79.61% decrease in profit. The company's net worth moved up by a moderate rise of 1.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ifocus Systec (India)?
In 2023, Ifocus Systec (India) had a promoter holding of 23.73% and a public holding of 76.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Global Education LimitedGururaj Karajagi is a mutual person
Academy For Creative Teaching India Private LimitedGururaj Karajagi is a mutual person
Strawberry Lenceria Private LimitedBabu Dhammanagi is a mutual person
Telimedic Technologies Private LimitedTholasampatti Prasad is a mutual person
Dhammanagi Hospitalities Private LimitedBabu Dhammanagi, Harsha Dhammanagi and 1 more are mutual person
Charges (Loans)
Open Charges
₹5.22 Cr
Satisfied Charges
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Others : 4.50 Cr
- Axis Bank Limited : 0.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2021 | Axis Bank Limited | ₹7.23 M | Open |
| 30 Jul 2019 | Others | ₹4.50 Cr | Open |
| 17 Mar 2017 | Axis Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Ifocus Systec (India)?
Ifocus Systec (India) has a workforce of 133 employees as of Apr 02, 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 Ifocus Systec (India), 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 Ifocus Systec (India)'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 Ifocus Systec (India)
Recent activity within the organization
- Director Appointment
Tholasampatti Subramanian Raghavendra Prasad was appointed as a Additional Director was appointed as a Additional Director on 09 Aug 2024 & has been associated with this company since 8 months .
- Director Appointment
L Ganeshkumar Iyer was appointed as a Ceo was appointed as a Ceo on 24 May 2024 & has been associated with this company since 10 months 16 days .
- Annual General Meeting
Ifocus Systec (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Ifocus Systec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited of Rs. 0.72 Cr registered on 07 Aug 2021 with Charge ID 100468080 was modified on 04 Nov 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.72 Cr with Charge ID 100468080 was registered on 07 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Ifocus Systec (India) Private Limited?
Ifocus Systec (India) Private Limited was incorporated on 08 Mar 2007.
What is authorized share capital and paid-up capital of Ifocus Systec (India) Private Limited?
The authorized share capital of Ifocus Systec (India) Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.05 Cr.
Who are the current board members & directors of Ifocus Systec (India) Private Limited?
Currently 7 directors are associated with Ifocus Systec (India) Private Limited.
- Babu Adiveppa Dhammanagi
- Purushothama Adiga Kavrady
- Tholasampatti Subramanian Raghavendra Prasad
- Harsha Babu Dhammanagi
- L Ganeshkumar Iyer
- Mangala Babu Dhammanagi
- Gururaj Vasantrao Karajagi
What is the registered address of Ifocus Systec (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ifocus Systec (India) Private Limited is Udn Altius 13 15Th Cross Jp Nagar 6Th Phase, India, Bangalore, Karnataka, 560078.
What is the corporate identification number (CIN) and company number of Ifocus Systec (India) Private Limited?
The corporate identification number (CIN) of Ifocus Systec (India) Private Limited is U72900KA2007PTC042022 and the company number is 042022 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ifocus Systec (India) Private Limited?
The Official website of Ifocus Systec (India) Private Limited is https://www.ifocussystec.com
What has been the recent revenue trend for Ifocus Systec (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ifocus Systec (India) Private Limited has risen by 45.38%.
How many employees does Ifocus Systec (India) Private Limited currently have?
As Per 2023 financial reports, 133 employees are currently employed by Ifocus Systec (India) Private Limited.
What change has been observed in the net worth of Ifocus Systec (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ifocus Systec (India) Private Limited has experienced an upsurge of 1.85%.
What are the total open charges for Ifocus Systec (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ifocus Systec (India) Private Limited amount to ₹ 5.22 Cr.
When was the last Balance Sheet of Ifocus Systec (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Ifocus Systec (India) Private Limited was filed with the ROC on 31 Mar 2023.
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