Ifti Foundation

IT outsourcing services for all IT needs, partnerships with various organizations.

2016 | Shimla, Himachal Pradesh (India) | Active
Last Updated: January 05, 2025

Ifti Foundation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 257.75%
  • Profit Growth 523.63%
  • Ebitda 7895.74%
  • Net Worth 119.28%
  • Total Assets 25.88%

About Ifti Foundation

Ifti Foundation (IF) is a Private Not For Profit Company incorporated in India on 04 July 2016 (Eight years and seven months 14 days old ). Its registered office is in Shimla, Himachal Pradesh, India.

The Corporate was formerly known as Iird Foundation For Technology & Innovation (Ifti). 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 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Sushma Sharma and Lok Sharma serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01409HP2016NPL006262

  • Company No.

    006262

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    04 Jul 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Information Technology

Who are the key members and board of directors at Ifti Foundation?

Board Members (2)

Name Designation Appointment Date Status
Sushma Sharma Country flag representing In Director 04-Jul-2016 Current
Lok Sharma Country flag representing In Director 04-Jul-2016 Current

Financial Performance of Ifti Foundation.

Ifti Foundation, for the financial year ended 2019, experienced significant growth in revenue, with a 257.75% increase. The company also saw a substantial improvement in profitability, with a 523.63% increase in profit. The company's net worth Soared by an impressive increase of 119.28%.

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
257.75%
Revenue from Operations
260.78%
Total Assets
25.88%
Profit or Loss
523.63%
Net Worth
119.28%
EBITDA
7895.74%

What is the Ownership and Shareholding Structure of Ifti Foundation?

In 2017, Ifti Foundation had a promoter holding of 80.00% and a public holding of 20.00%. 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 Ifti Foundation?

Unlock and access historical data on people associated with Ifti Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ifti Foundation, 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 Ifti Foundation'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 Ifti Foundation

Recent activity within the organization

  • Annual General Meeting

    Ifti Foundation last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ifti Foundation has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Himachal Pradesh.

    31 Mar 2022

  • Director Appointment

    Sushma Sharma was appointed as a Director was appointed as a Director on 04 Jul 2016 & has been associated with this company since 8 years 7 months .

    04 Jul 2016

  • Director Appointment

    Lok Chand Sharma was appointed as a Director was appointed as a Director on 04 Jul 2016 & has been associated with this company since 8 years 7 months .

    04 Jul 2016

  • Company Incorporation

    Ifti Foundation was registered on 04 Jul 2016 with Roc Himachal Pradesh & aged 8 years 7 months as per MCA records.

    04 Jul 2016

Frequently asked questions

  • Ifti Foundation was incorporated on 04 Jul 2016.

  • The authorized share capital of Ifti Foundation is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ifti Foundation.

    • Sushma Sharma
    • Lok Chand Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ifti Foundation is Iird Complex Bye Pas Road Shanan Sanjauli India, Shimla, Himachal Pradesh, 171006.

  • The corporate identification number (CIN) of Ifti Foundation is U01409HP2016NPL006262 and the company number is 006262 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Ifti Foundation has risen by 257.75%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Ifti Foundation has experienced an upsurge of 119.28%.

  • The most recent Balance Sheet for Ifti Foundation was filed with the ROC on 31 Mar 2022.

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