Institute For Technology And Management Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 32 Year, 4 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 four 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
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
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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 CollegeNitin Putcha, Lalitha Putcha and 1 more are mutual person
Charges (Loans)
₹25.43 Cr
₹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.
