India Factoring And Finance Solutions Profile
Key Indicators
- Authorised Capital ₹ 700.00 Cr
- Paid Up Capital ₹ 462.08 Cr
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 280.00 Cr
- Satisfied Charges ₹ 413.00 Cr
- Revenue Growth 80.39%
- Profit Growth 27.17%
- Ebitda 75.79%
- Net Worth 14.91%
- Total Assets 7.53%
About India Factoring And Finance Solutions
India Factoring And Finance Solutions Private Limited (IFAFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 December 2009 and has a history of 15 years and four months. Its registered office is in Mumbai, Maharashtra, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 700.00 Cr and a paid-up capital of Rs 462.08 Cr.
The company currently has active open charges totaling ₹280.00 Cr. The company has closed loans amounting to ₹413.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at India Factoring And Finance Solutions Private Limited India are Ravi Valecha as Ceo, Mandar Karmarkar as Company Secretary, and Ravi Valecha as Ceo. Rajiv Nayar, Nirmal Parik, Adrian Alejandro, 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
U65923MH2009PTC197957
- Company No.
197957
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Dec 2009
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does India Factoring And Finance Solutions Private Limited offer?
India Factoring And Finance Solutions Private Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Working Capital Finance Service, Financial Service, Office Stationery & Calculator, Office Automation Equipments, Working Capital Management, Cold Storage Services, Industrial Advisory Services, Structured Finance Service.
India Factoring And Finance Solutions Private Limited
Explore comprehensive data for India Factoring And Finance Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at India Factoring And Finance Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Valecha  | CEO | 16-Aug-2019 | Current |
| Mandar Karmarkar | Company Secretary | 11-Oct-2024 | Current |
| Ravi Valecha | CEO | 16-Aug-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajiv Nayar | Director | 19-Jan-2022 | Current |
| Nirmal Parik | Director | 27-Nov-2019 | Current |
Adrian Alejandro  | Nominee Director | 27-Nov-2020 | Current |
| Kishor Pradhan | Director | 08-Apr-2021 | Current |
Financial Performance of India Factoring And Finance Solutions.
India Factoring And Finance Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.39% increase. The company also saw a substantial improvement in profitability, with a 27.17% increase in profit. The company's net worth Soared by an impressive increase of 14.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of India Factoring And Finance Solutions?
In 2023, India Factoring And Finance Solutions had a promoter holding of 88.16% and a public holding of 11.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajiv Nayar Advisors Private LimitedRajiv Nayar is a mutual person
Charges (Loans)
Open Charges
₹280.00 Cr
Satisfied Charges
₹413.00 Cr
Charges Breakdown by Lending Institutions
- Others : 225.00 Cr
- Hdfc Bank Limited : 40.00 Cr
- Axis Bank Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2025 | Others | ₹25.00 Cr | Open |
| 29 Feb 2024 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 22 Nov 2021 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 01 Sep 2021 | Axis Bank Limited | ₹15.00 Cr | Open |
| 22 Mar 2016 | Others | ₹200.00 Cr | Open |
How Many Employees Work at India Factoring And Finance Solutions?
India Factoring And Finance Solutions has a workforce of 67 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of India Factoring And Finance Solutions, 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 India Factoring And Finance Solutions'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 India Factoring And Finance Solutions
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101049080 was registered on 23 Jan 2025.
- Director Appointment
Mandar Madhusudan Karmarkar was appointed as a Company Secretary was appointed as a Company Secretary on 11 Oct 2024 & has been associated with this company since 6 months 17 days .
- Annual General Meeting
India Factoring And Finance Solutions Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Balance Sheet
India Factoring And Finance Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 30 Mar 2022 via Charge ID 100561456 with Others was fully satisfied on 12 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100888105 was registered on 29 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of India Factoring And Finance Solutions Private Limited?
India Factoring And Finance Solutions Private Limited was incorporated on 18 Dec 2009.
What is authorized share capital and paid-up capital of India Factoring And Finance Solutions Private Limited?
The authorized share capital of India Factoring And Finance Solutions Private Limited is ₹ 700.00 Cr and paid-up capital is ₹ 462.08 Cr.
Who are the current board members & directors of India Factoring And Finance Solutions Private Limited?
Currently 7 directors are associated with India Factoring And Finance Solutions Private Limited.
- Ravi Haresh Valecha
- Rajiv Nayar
- Nirmal Parik
- Adrian Gostuski Alejandro
- Kishor Prabhakar Pradhan
- Mandar Madhusudan Karmarkar
- Ravi Valecha
What is the registered address of India Factoring And Finance Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of India Factoring And Finance Solutions Private Limited is Unit No. 401 4Th Floor Windsor House Off Cst Road Vidyanagari Marg Kalina Santacru Z (East), India, Mumbai, Maharashtra, 400098.
What is the corporate identification number (CIN) and company number of India Factoring And Finance Solutions Private Limited?
The corporate identification number (CIN) of India Factoring And Finance Solutions Private Limited is U65923MH2009PTC197957 and the company number is 197957 as per Ministry of Corporate Affairs (MCA).
What is the official website of India Factoring And Finance Solutions Private Limited?
The Official website of India Factoring And Finance Solutions Private Limited is https://www.indiafactoring.in
What has been the recent revenue trend for India Factoring And Finance Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for India Factoring And Finance Solutions Private Limited has risen by 80.39%.
How many employees does India Factoring And Finance Solutions Private Limited currently have?
As Per 2023 financial reports, 67 employees are currently employed by India Factoring And Finance Solutions Private Limited.
What change has been observed in the net worth of India Factoring And Finance Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of India Factoring And Finance Solutions Private Limited has experienced an upsurge of 14.91%.
What are the total open charges for India Factoring And Finance Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for India Factoring And Finance Solutions Private Limited amount to ₹ 280.00 Cr.
When was the last Balance Sheet of India Factoring And Finance Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for India Factoring And Finance Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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