Ifocus Systec (India) Private Limited logo

Ifocus Systec (India) Private Limited

Provides staff augmentation, software engineering, and testing services.
2007 | Bangaluru, Karnataka (India) | Active

Last Updated:

November 16, 2024
HomeCompanyIfocus Systec (India) Private Limited

Who are the key members and board of directors at Ifocus Systec (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
L IyerCEO24-May-2024Current

Board Members(6)

NameDesignationAppointment DateStatus
Tholasampatti Prasad In Additional Director 09-Aug-2024Current
Purushothama Kavrady In Whole-Time Director 08-Mar-2007Current
Harsha Dhammanagi In Director 08-Jul-2017Current
Babu Dhammanagi In Whole-Time Director 08-Mar-2007Current
Mangala Dhammanagi In Director 25-Sep-2017Current
Gururaj Karajagi In Director 01-Feb-2012Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
45.38%
Revenue from Operations
45.68%
Total Assets
-1.87%
Profit or Loss
-79.61%
Net Worth
1.85%
EBITDA
-17.48%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹5.22 Cr

₹3.00 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 07 Aug 2021
₹7.23 MOpen

Others

Creation Date: 30 Jul 2019
₹4.50 CrOpen

Axis Bank Limited

Creation Date: 17 Mar 2017
₹3.00 CrSatisfied

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.

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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 4 months 13 days .

    09 Aug 2024

  • 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 6 months 29 days .

    24 May 2024

  • 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.

    30 Sep 2023

  • Balance Sheet

    Ifocus Systec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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.

    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.

    07 Aug 2021

Frequently asked questions

  • Ifocus Systec (India) Private Limited was incorporated on 08 Mar 2007.

  • The authorized share capital of Ifocus Systec (India) Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.05 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Ifocus Systec (India) Private Limited is https://www.ifocussystec.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ifocus Systec (India) Private Limited has risen by 45.38%.

  • As Per 2023 financial reports, 133 employees are currently employed by Ifocus Systec (India) Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ifocus Systec (India) Private Limited amount to ₹ 5.22 Cr.

  • The most recent Balance Sheet for Ifocus Systec (India) Private Limited was filed with the ROC on 31 Mar 2023.

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