International Flower Auction Bangalore Limited

Founded in 2002 and headquartered in Karnataka, India.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

International Flower Auction Bangalore Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.74 Cr
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 37.50%
  • Profit Growth 229.51%
  • Ebitda 157.33%
  • Net Worth 13.30%
  • Total Assets 9.55%

About International Flower Auction Bangalore

International Flower Auction Bangalore Limited (IFABL) is a leading Public Limited State Government Company incorporated in India on 01 May 2002 and has a history of 22 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Agriculture 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 4.00 Cr and a paid-up capital of Rs 3.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anne Ramesh, Yalagouda Patil, Ramesh Siddamallappa, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ifabindia.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01122KA2002SGC030443

  • Company No.

    030443

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    01 May 2002

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at International Flower Auction Bangalore?

Executive Team (1)

NameDesignationAppointment DateStatus
Muniyappa Viswanath Country flag representing In Managing Director01-Aug-2018Current

Board Members (13)

NameDesignationAppointment DateStatus
Anne Ramesh Country flag representing In Director 04-May-2002Current
Yalagouda Patil Country flag representing In Director 12-Jul-2023Current
Ramesh Siddamallappa Country flag representing In Additional Director 12-Jul-2023Current
Mohammed Banthanal Country flag representing In Nominee Director 09-Aug-2021Current
Girish Ramaswamy Country flag representing In Nominee Director 28-Feb-2019Current
Nandishwar Reddy Country flag representing In Nominee Director 29-Aug-2022Current

Financial Performance of International Flower Auction Bangalore.

International Flower Auction Bangalore Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.5% increase. The company also saw a substantial improvement in profitability, with a 229.51% increase in profit. The company's net worth Soared by an impressive increase of 13.3%.

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
37.50%
Revenue from Operations
43.00%
Total Assets
9.55%
Profit or Loss
229.51%
Net Worth
13.30%
EBITDA
157.33%

What is the Ownership and Shareholding Structure of International Flower Auction Bangalore?

In 2023, International Flower Auction Bangalore had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at International Flower Auction Bangalore?

International Flower Auction Bangalore has a workforce of 10 employees as of Oct 22, 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 International Flower Auction Bangalore, 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 International Flower Auction Bangalore'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 International Flower Auction Bangalore

Recent activity within the organization

  • Annual General Meeting

    International Flower Auction Bangalore Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Uma Mahadevan was appointed as a Nominee Director was appointed as a Nominee Director on 27 Aug 2024 & has been associated with this company since 5 months 25 days .

    27 Aug 2024

  • Director Appointment

    Srinivasan Viswanathan was appointed as a Nominee Director was appointed as a Nominee Director on 07 Aug 2024 & has been associated with this company since 6 months 15 days .

    07 Aug 2024

  • Director Appointment

    Ummadiseety Dharma Rao was appointed as a Nominee Director was appointed as a Nominee Director on 17 Apr 2024 & has been associated with this company since 10 months 4 days .

    17 Apr 2024

  • Balance Sheet

    International Flower Auction Bangalore Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Girish Muchal Ramaswamy was appointed as a Nominee Director was appointed as a Nominee Director on 28 Feb 2019 & has been associated with this company since 5 years 11 months .

    28 Feb 2019

Frequently asked questions

  • International Flower Auction Bangalore Limited was incorporated on 01 May 2002.

  • The authorized share capital of International Flower Auction Bangalore Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.74 Cr.

  • Currently 14 directors are associated with International Flower Auction Bangalore Limited.

    • Anne Ramesh
    • Yalagouda Shivanagouda Patil
    • Ramesh Doddametikurke Siddamallappa
    • Muniyappa Viswanath
    • Mohammed Paravej Hasansab Banthanal
    • Girish Muchal Ramaswamy
    • Nandishwar Reddy
    • Ummadiseety Dharma Rao
    • Srinivasan Viswanathan
    • Bollapally Srikanth
    • Uma Mahadevan
    • Ashoka Gurudas
    • Vallabhaneni Prasad Hanumanth
    • Jayaprakash Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of International Flower Auction Bangalore Limited is No 24 Kaic Building Bellary Road Hebbal, India, Bangalore, Karnataka, 560024.

  • The corporate identification number (CIN) of International Flower Auction Bangalore Limited is U01122KA2002SGC030443 and the company number is 030443 as per Ministry of Corporate Affairs (MCA).

  • The Official website of International Flower Auction Bangalore Limited is https://www.ifabindia.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for International Flower Auction Bangalore Limited has risen by 37.50%.

  • As Per 2023 financial reports, 10 employees are currently employed by International Flower Auction Bangalore Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of International Flower Auction Bangalore Limited has experienced an upsurge of 13.30%.

  • The most recent Balance Sheet for International Flower Auction Bangalore Limited was filed with the ROC on 31 Mar 2024.

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