Ifuture Globistic Limited

Company specializes in FMCG trading, spice and tea manufacturing, software development, and natural farming.

2018 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Ifuture Globistic Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 5.50 M
  • Revenue Growth 10.12%
  • Profit Growth -31.40%
  • Ebitda -9.72%
  • Net Worth 932.68%
  • Total Assets 124.61%

About Ifuture Globistic

Ifuture Globistic Limited (IGL) is a Public Limited Indian Non-Government Company incorporated in India on 20 July 2018 (Six years and seven months 12 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Ifuture Globistic Enterprise Limited. The Company is engaged in the Trading 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹5.50 M.

Asha Narappareddy, Basanti Narappareddy, Soma Titti, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72100AP2018PLC108863

  • Company No.

    108863

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2018

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Trading

What products or services does Ifuture Globistic Limited offer?

Ifuture Globistic Limited offers a wide range of products and services, including Cooking Spices and Masala, Whole Spices, Dried Chillies & Pepper, Fresh, Dried & Preserved Vegetables, Chilli.

Who are the key members and board of directors at Ifuture Globistic?

Executive Team (1)

NameDesignationAppointment DateStatus
Ajit Narappareddy Country flag representing In Managing Director25-Nov-2021Current

Financial Performance of Ifuture Globistic.

Ifuture Globistic Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 10.12% increase. The company also saw a substantial fall in profitability, with a 31.4% decrease in profit. The company's net worth Soared by an impressive increase of 932.68%.

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
10.12%
Revenue from Operations
10.00%
Total Assets
124.61%
Profit or Loss
-31.40%
Net Worth
932.68%
EBITDA
-9.72%

What is the Ownership and Shareholding Structure of Ifuture Globistic?

In 2021, Ifuture Globistic 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)

Open Charges

₹0.55 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2021Canara Bank₹5.50 MOpen

How Many Employees Work at Ifuture Globistic?

Unlock and access historical data on people associated with Ifuture Globistic, 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 Ifuture Globistic, 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 Ifuture Globistic'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 Ifuture Globistic

Recent activity within the organization

  • Annual General Meeting

    Ifuture Globistic Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ifuture Globistic Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.

    31 Mar 2022

  • Director Appointment

    Ajit Madhusudan Narappareddy was appointed as a Managing Director was appointed as a Managing Director on 25 Nov 2021 & has been associated with this company since 3 years 3 months .

    25 Nov 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 0.55 Cr with Charge ID 100459250 was registered on 06 Apr 2021.

    06 Apr 2021

  • Director Appointment

    Asha Narappareddy was appointed as a Director was appointed as a Director on 20 Jul 2018 & has been associated with this company since 6 years 7 months .

    20 Jul 2018

  • Director Appointment

    Basanti Lakshmi Narappareddy was appointed as a Director was appointed as a Director on 20 Jul 2018 & has been associated with this company since 6 years 7 months .

    20 Jul 2018

Frequently asked questions

  • What is the Incorporation or founding date of Ifuture Globistic Limited?

    Ifuture Globistic Limited was incorporated on 20 Jul 2018.

  • What is authorized share capital and paid-up capital of Ifuture Globistic Limited?

    The authorized share capital of Ifuture Globistic Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Ifuture Globistic Limited?

    Currently 4 directors are associated with Ifuture Globistic Limited.

    • Asha Narappareddy
    • Basanti Lakshmi Narappareddy
    • Soma Sekhar Titti
    • Ajit Madhusudan Narappareddy

  • What is the registered address of Ifuture Globistic Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ifuture Globistic Limited is D.No: 39-22-18/5 First Floor Kalinga Nagar Beside Vuda East Park Madhavadhara, India, Visakhapatnam, Andhra Pradesh, 530007.

  • What is the corporate identification number (CIN) and company number of Ifuture Globistic Limited?

    The corporate identification number (CIN) of Ifuture Globistic Limited is U72100AP2018PLC108863 and the company number is 108863 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ifuture Globistic Limited?

    The Official website of Ifuture Globistic Limited is https://www.ifutureglobistic.com

  • What has been the recent revenue trend for Ifuture Globistic Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Ifuture Globistic Limited has risen by 10.12%.

  • What change has been observed in the net worth of Ifuture Globistic Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Ifuture Globistic Limited has experienced an upsurge of 932.68%.

  • What are the total open charges for Ifuture Globistic Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Ifuture Globistic Limited amount to ₹ 5.50 M.

  • When was the last Balance Sheet of Ifuture Globistic Limited filed with the ROC?

    The most recent Balance Sheet for Ifuture Globistic Limited was filed with the ROC on 31 Mar 2022.

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