Il&Fs Financial Services Profile
Key Indicators
- Authorised Capital ₹ 2,750.00 Cr
- Paid Up Capital ₹ 390.67 Cr
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 16,030.40 Cr
- Satisfied Charges ₹ 15,962.44 Cr
About Il&Fs Financial Services
Il&Fs Financial Services Limited (IFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 1995 and has a history of 29 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Il & Fs Asset Management Company 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 2019. It's a company limited by shares with an authorized capital of Rs 2,750.00 Cr and a paid-up capital of Rs 390.67 Cr.
The company currently has active open charges totaling ₹16,030.40 Cr. The company has closed loans amounting to ₹15,962.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Il&Fs Financial Services Limited India are Neelam Desai as Company Secretary, Jayashree Ramaswamy as Cfo, and Kaushik Modak as Ceo. Danny Samuel, Nand Kishore, Feby Koshy, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH1995PLC093241
- Company No.
093241
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Sep 1995
- Date of AGM
31 Dec 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Il&Fs Financial Services Limited offer?
Il&Fs Financial Services Limited offers a wide range of products and services, including Architectural & Civil Engineering, Architectural Services, Printing & Binding Services, Corporate Printing, Company Law & Labour Law Consultants, Statutory Compliance Services, Packaging Envelopes, Gift Envelope, Fertilizer, Soil Conditioner.
Who are the key members and board of directors at Il&Fs Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kaushik Modak  | CEO | 26-Oct-2018 | Current |
| Jayashree Ramaswamy | CFO | 16-Oct-2019 | Current |
| Neelam Desai | Company Secretary | 08-Apr-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Danny Samuel | Nominee Director | 01-Oct-2024 | Current |
| Nand Kishore | Nominee Director | 26-Oct-2018 | Current |
| Feby Koshy | Nominee Director | 18-Jul-2024 | Current |
| Shekhar Prabhudesai | Nominee Director | 06-Jan-2021 | Current |
Financial Performance of Il&Fs Financial Services.
Il&Fs Financial Services Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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| Revenue from Operations | |||||||
| Total Assets | |||||||
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| EBITDA |
What is the Ownership and Shareholding Structure of Il&Fs Financial Services?
In 2019, Il&Fs Financial Services had a promoter holding of 100.00%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Road Infrastructure Development Company Of Rajasthan LimitedDanny Samuel and Nand Kishore are mutual person
Il&Fs Tamil Nadu Power Company LimitedNand Kishore is a mutual person
Il&Fs Cluster Development Initiative LimitedShekhar Prabhudesai is a mutual person
Il&Fs Infra Asset Management LimitedNand Kishore is a mutual person
- Il&Fs Amc Trustee Limited
Shekhar Prabhudesai is a mutual person
Saurya Urja Company Of Rajasthan LimitedFeby Koshy is a mutual person
Charges (Loans)
Open Charges
₹16,030.40 Cr
Satisfied Charges
₹15,962.44 Cr
Charges Breakdown by Lending Institutions
- Others : 14330.40 Cr
- Centbank Financial Services Limited : 1700.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2018 | Others | ₹360.00 Cr | Open |
| 25 Jul 2018 | Others | ₹75.00 Cr | Open |
| 31 Jan 2018 | Others | ₹300.00 Cr | Open |
| 31 Jan 2018 | Others | ₹75.00 Cr | Open |
| 31 Jan 2018 | Others | ₹25.00 Cr | Open |
How Many Employees Work at Il&Fs Financial Services?
Unlock and access historical data on people associated with Il&Fs Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Il&Fs Financial Services, 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 Il&Fs Financial Services'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 Il&Fs Financial Services
Recent activity within the organization
- Director Appointment
Danny Samuel was appointed as a Nominee Director was appointed as a Nominee Director on 01 Oct 2024 & has been associated with this company since 5 months 27 days .
- Director Appointment
Feby Koshy Bin Koshy was appointed as a Nominee Director was appointed as a Nominee Director on 18 Jul 2024 & has been associated with this company since 8 months 10 days .
- Director Appointment
Neelam Jayesh Desai was appointed as a Company Secretary was appointed as a Company Secretary on 08 Apr 2021 & has been associated with this company since 3 years 11 months .
- Director Appointment
Shekhar Sharad Prabhudesai was appointed as a Nominee Director was appointed as a Nominee Director on 06 Jan 2021 & has been associated with this company since 4 years 2 months .
- Annual General Meeting
Il&Fs Financial Services Limited last Annual general meeting of members was held on 31 Dec 2019 as per latest MCA records.
- Director Appointment
Jayashree Ramaswamy was appointed as a Cfo was appointed as a Cfo on 16 Oct 2019 & has been associated with this company since 5 years 5 months .
Recent News, Updates & Announcement
IFIN case: Supreme Court refuses to overturn HC relief to KPMG firm.The government is seeking a five year ban on audit firms KPMG and Deloitte for their alleged roles in the IL&FS failure..
- Proceedings against BSR & Associates on hold in IFIN Case.
BSR and N Sampath Ganesh, a partner with the firm, had last month filed a case against the government after NCLT allowed its proposed removal as auditors of IL&FS Financial Services (IFIN) for its alleged role in financial irregularities in the firm. .
- KPMG drags govt to court after NCLT removed the firm as IFIN’s auditor after it resigned.
BSR on Thursday filed a writ petition challenging the NCLT order where BSR and Associates, a network firm, was sacked from auditing IFIN..
- Auditors must be heard too.
“We are very careful to use words like fraud or collusion but as we go deeper into the affairs of the group, we are of the view that there is more than what meets the eye, the MCA Counsel has been quoted as saying..
- IL&FS Fin Services laundered ₹5,000 crore of shareholder funds, ED tells court | Mint.
The ED claimed the group was being run as a 'personal fiefdom' by the directors .The total debt of IL&FS has inflated to ₹91,000 crore due to, ED said, 'arbitrary sanctioning of loans or credit facilities, including routing of money through third-parties'.
Frequently asked questions
What is the Incorporation or founding date of Il&Fs Financial Services Limited?
Il&Fs Financial Services Limited was incorporated on 29 Sep 1995.
What is authorized share capital and paid-up capital of Il&Fs Financial Services Limited?
The authorized share capital of Il&Fs Financial Services Limited is ₹ 2,750.00 Cr and paid-up capital is ₹ 390.67 Cr.
Who are the current board members & directors of Il&Fs Financial Services Limited?
Currently 7 directors are associated with Il&Fs Financial Services Limited.
- Danny Samuel
- Nand Kishore
- Feby Koshy Bin Koshy
- Shekhar Sharad Prabhudesai
- Neelam Jayesh Desai
- Jayashree Ramaswamy
- Kaushik Modak
What is the registered address of Il&Fs Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Il&Fs Financial Services Limited is Ii Fs Financial Centreplot No C-22 G Block Bandra Kurla Complex E India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Il&Fs Financial Services Limited?
The corporate identification number (CIN) of Il&Fs Financial Services Limited is U65990MH1995PLC093241 and the company number is 093241 as per Ministry of Corporate Affairs (MCA).
What is the official website of Il&Fs Financial Services Limited?
The Official website of Il&Fs Financial Services Limited is https://www.ilfsifin.com
What are the total open charges for Il&Fs Financial Services Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Il&Fs Financial Services Limited amount to ₹ 16,030.40 Cr.
When was the last Balance Sheet of Il&Fs Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Il&Fs Financial Services Limited was filed with the ROC on 31 Mar 2019.
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