Institute For Technology And Management Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 32 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.43 Cr
- Satisfied Charges ₹ 158.67 Cr
- Revenue Growth -40.60%
- Profit Growth -2009.79%
- Ebitda -174.79%
- Net Worth -33.80%
- Total Assets -34.58%
About Institute For Technology And Management
Institute For Technology And Management (IFTAM) is a Private Not For Profit Company incorporated in India on 24 September 1992 and has a history of 32 years and six months. Its registered office is in Raigarh, Maharashtra, India.
The Corporate was formerly known as Institute For Technology And Management India Pvt Ltd. The Company is engaged in the Education 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹25.43 Cr. The company has closed loans amounting to ₹158.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Institute For Technology And Management India are Palamadai Hariharan as CFO and Shailaja Gandhi as Company Secretary. Nitin Putcha, Lalitha Putcha, and Ramana Putcha serve as directors at the Company.
Company Details
- Location
Raigarh, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1992NPL068707
- Company No.
068707
- Company Classification
Private Not For Profit Company
- Incorporation Date
24 Sep 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Education
Who are the key members and board of directors at Institute For Technology And Management?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palamadai Hariharan  | CFO | 12-Mar-2019 | Current |
| Shailaja Gandhi | Company Secretary | 15-Apr-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramana Putcha | Whole-Time Director | 24-Sep-1992 | Current |
| Nitin Putcha | Director | 12-Jun-2017 | Current |
| Lalitha Putcha | Director | 24-Sep-1992 | Current |
Financial Performance of Institute For Technology And Management.
Institute For Technology And Management, for the financial year ended 2022, experienced significant reduction in revenue, with a 40.6% decrease. The company also saw a substantial fall in profitability, with a 2009.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Institute For Technology And Management?
In 2022, Institute For Technology And Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Itm Edutech (India) LimitedNitin Putcha, Palamadai Hariharan and 3 more are mutual person
Costal Institute Of Technology And ManagementLalitha Putcha and Ramana Putcha are mutual person
Letsupgrade Edtech Private LimitedNitin Putcha is a mutual person
Zinq Electronics Private LimitedNitin Putcha is a mutual person
Inaari Life FoundationNitin Putcha is a mutual person
- Itm Coastal Engineering College
Nitin Putcha, Lalitha Putcha and 1 more are mutual person
Charges (Loans)
Open Charges
₹25.43 Cr
Satisfied Charges
₹158.67 Cr
Charges Breakdown by Lending Institutions
- Others : 25.40 Cr
- The Shamrao Vithal Co.Op Bank Ltd. : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2023 | Others | ₹25.40 Cr | Open |
| 05 Apr 1995 | The Shamrao Vithal Co.Op Bank Ltd. | ₹0.32 M | Open |
| 29 Jul 2020 | Others | ₹16.15 Cr | Satisfied |
| 22 Dec 2015 | Lakshmi Vilas Bank Limited | ₹20.97 Cr | Satisfied |
| 27 Dec 2013 | Indusind Bank Ltd. | ₹52.20 Cr | Satisfied |
How Many Employees Work at Institute For Technology And Management?
Institute For Technology And Management has a workforce of 391 employees as of Apr 03, 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 Institute For Technology And Management, 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 Institute For Technology And Management'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 Institute For Technology And Management
Recent activity within the organization
- Annual General Meeting
Institute For Technology And Management last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Institute For Technology And Management has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 25.40 Cr with Charge ID 100757336 was registered on 23 Jun 2023.
- Director Appointment
Shailaja Rajesh Gandhi was appointed as a Company Secretary was appointed as a Company Secretary on 15 Apr 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge registered on 29 Jul 2020 via Charge ID 100362822 with Others was fully satisfied on 13 Dec 2022.
- Charges
A charge with Others amounted to Rs. 16.15 Cr with Charge ID 100362822 was registered on 29 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Institute For Technology And Management?
Institute For Technology And Management was incorporated on 24 Sep 1992.
What is authorized share capital and paid-up capital of Institute For Technology And Management?
The authorized share capital of Institute For Technology And Management is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Institute For Technology And Management?
Currently 5 directors are associated with Institute For Technology And Management.
- Nitin Venkata Putcha
- Palamadai Narayanan Hariharan
- Shailaja Rajesh Gandhi
- Lalitha Ramana Putcha
- Ramana Venkata Putcha
What is the registered address of Institute For Technology And Management?
As per Ministry of Corporate Affairs (Mca), the registered address of Institute For Technology And Management is Plot No.25/26 Institute Area Sector 4 Kharghar (E), India, Navimumbai, Maharashtra, 410210.
What is the corporate identification number (CIN) and company number of Institute For Technology And Management?
The corporate identification number (CIN) of Institute For Technology And Management is U99999MH1992NPL068707 and the company number is 068707 as per Ministry of Corporate Affairs (MCA).
What is the official website of Institute For Technology And Management?
The Official website of Institute For Technology And Management is https://www.navimumbai.itm.edu.in
What has been the recent revenue trend for Institute For Technology And Management?
According to the financial reports for the fiscal year 2022, the revenue trend for Institute For Technology And Management has fallen by -40.60%.
How many employees does Institute For Technology And Management currently have?
As Per 2022 financial reports, 391 employees are currently employed by Institute For Technology And Management.
What change has been observed in the net worth of Institute For Technology And Management, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Institute For Technology And Management has experienced an downturn of -33.80%.
What are the total open charges for Institute For Technology And Management?
As per the financial statements for fiscal Year 2022, The total open charges for Institute For Technology And Management amount to ₹ 25.43 Cr.
When was the last Balance Sheet of Institute For Technology And Management filed with the ROC?
The most recent Balance Sheet for Institute For Technology And Management was filed with the ROC on 31 Mar 2024.
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