Ikf Finance Limited

Asset financing company specializing in vehicles, SME financing, and partnerships with major banks.

1991 | Vijayawada, Andhra Pradesh (India) | Active
Last Updated: October 10, 2024

Ikf Finance Profile

Key Indicators

  • Authorised Capital ₹ 105.00 Cr
  • Paid Up Capital ₹ 70.16 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4,461.20 Cr
  • Satisfied Charges ₹ 2,396.27 Cr
  • Revenue Growth 29.55%
  • Profit Growth 24.07%
  • Ebitda 29.14%
  • Net Worth 78.77%
  • Total Assets 60.88%

About Ikf Finance

Ikf Finance Limited (IFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 May 1991 and has a history of 33 years and eight months. Its registered office is in Vijayawada, Andhra Pradesh, India.

The Corporate was formerly known as Indra Keela Financiers 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 105.00 Cr and a paid-up capital of Rs 70.16 Cr.

The company currently has active open charges totaling ₹4,461.20 Cr. The company has closed loans amounting to ₹2,396.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ikf Finance Limited India are Chapalamadugu Rao as CFO and Srinivasa Chapalamadugu as Cfo. Sunil Chandiramani, Kannan, Gopala Vupputuri, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Vijayawada, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1991PLC012736

  • Company No.

    012736

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1991

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Ikf Finance?

Executive Team (3)

Name Designation Appointment Date Status
Vasumathi Koganti Country flag representing In Managing Director 31-Oct-2006 Current
Chapalamadugu Rao CFO 16-Jun-2016 Current
Srinivasa Chapalamadugu CFO 04-Apr-2023 Current

Board Members (10)

Name Designation Appointment Date Status
Vinit Mehta Country flag representing In Nominee Director 01-Oct-2020 Current
Sunil Chandiramani Country flag representing In Director 30-Sep-2022 Current
Sethuraman Ganesh Country flag representing In Director 14-Jul-2023 Current
Raman Uberoi Country flag representing In Director 01-Mar-2024 Current
Abhishek Agrawal Country flag representing In Nominee Director 30-May-2023 Current
Kannan Country flag representing In Director 24-Feb-2024 Current

Financial Performance of Ikf Finance.

Ikf Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.55% increase. The company also saw a substantial improvement in profitability, with a 24.07% increase in profit. The company's net worth Soared by an impressive increase of 78.77%.

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
29.55%
Revenue from Operations
29.84%
Total Assets
60.88%
Profit or Loss
24.07%
Net Worth
78.77%
EBITDA
29.14%

What is the Ownership and Shareholding Structure of Ikf Finance?

In 2023, Ikf Finance had a promoter holding of 46.54% and a public holding of 53.46%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,461.20 Cr

Satisfied Charges

₹2,396.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 3116.70 Cr
  • Sidbi : 240.00 Cr
  • Hdfc Bank Limited : 210.00 Cr
  • Yes Bank Limited : 145.00 Cr
  • State Bank Of India : 115.00 Cr
  • Others : 634.50 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2024 Others ₹30.00 Cr Open
11 Sep 2024 Others ₹18.00 Cr Open
31 Aug 2024 City Union Bank Limited ₹25.00 Cr Open
27 Aug 2024 Others ₹35.00 Cr Open
01 Aug 2024 Axis Bank Limited ₹40.00 Cr Open

How Many Employees Work at Ikf Finance?

Ikf Finance has a workforce of 1388 employees as of Oct 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ikf 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 Ikf Finance'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 Ikf Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100979940 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge registered on 08 Sep 2021 via Charge ID 100478999 with Dhanlaxmi Bank Limited was fully satisfied on 14 Sep 2024.

    14 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100976085 was registered on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100979373 was registered on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100974744 was registered on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 28 Mar 2023 with Charge ID 100700343 was modified on 12 Aug 2024.

    12 Aug 2024

Frequently asked questions

  • Ikf Finance Limited was incorporated on 30 May 1991.

  • The authorized share capital of Ikf Finance Limited is ₹ 105.00 Cr and paid-up capital is ₹ 70.16 Cr.

  • Currently 13 directors are associated with Ikf Finance Limited.

    • Sunil Rewachand Chandiramani
    • Kannan
    • Gopala Kishan Prasad Vupputuri
    • Vasumathi Devi Koganti
    • Raman Uberoi
    • Satyanarayana Prasad Kanaparti
    • Vasantha Lakshmi Vupputuri
    • Satyanand Sinha Chunduri
    • Abhishek Agrawal
    • Sethuraman Ganesh
    • Vinit Mukesh Mehta
    • Chapalamadugu Sreenivasa Rao
    • Srinivasa Rao Chapalamadugu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ikf Finance Limited is 40-1-1443Rd Floor Corporate Centre M.G.Road., Vijayawada, Andhra Pradesh, India, 520010.

  • The corporate identification number (CIN) of Ikf Finance Limited is U65992AP1991PLC012736 and the company number is 012736 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ikf Finance Limited is https://www.ikffinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ikf Finance Limited has risen by 29.55%.

  • As Per 2023 financial reports, 1388 employees are currently employed by Ikf Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ikf Finance Limited has experienced an upsurge of 78.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ikf Finance Limited amount to ₹ 4,461.20 Cr.

  • The most recent Balance Sheet for Ikf Finance Limited was filed with the ROC on 31 Mar 2023.

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