Iota Finance Private Limited

Provides equipment and property financing services to consumers and corporations.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated:

Iota Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 93.00 Cr
  • Revenue Growth %
  • Profit Growth 4661.59%
  • Ebitda -1037.67%
  • Net Worth 2898.32%
  • Total Assets 3683.24%

About Iota Finance

Iota Finance Private Limited (IFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 October 2021 (Three years and six months 22 days old ). 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 2.00 Cr and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹93.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tarini Handa and Vikram Handa 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

    U65999MH2021PTC370363

  • Company No.

    370363

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Iota Finance Private Limited

Explore comprehensive data for Iota Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Iota Finance?

Board Members (2)

NameDesignationAppointment DateStatus
Vikram Handa Country flag representing Us Director 27-Oct-2021Current
Tarini Handa Country flag representing In Director 27-Oct-2021Current

Financial Performance of Iota Finance.

Iota Finance Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 4661.59% increase in profit. The company's net worth Soared by an impressive increase of 2898.32%.

Iota Finance revenue growth over time
Iota Finance 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
Revenue from Operations
Total Assets
3683.24%
Profit or Loss
4661.59%
Net Worth
2898.32%
EBITDA
-1037.67%

What is the Ownership and Shareholding Structure of Iota Finance?

Unlock access to Iota Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹93.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 93.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2022Hdfc Bank Limited₹93.00 CrSatisfied

How Many Employees Work at Iota Finance?

Iota Finance has a workforce of 0 employees as of Apr 09, 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.

Employee growth trends for Iota Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iota Finance, 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 Iota Finance'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 Iota Finance

Recent activity within the organization

  • Charges

    A charge registered on 01 Jul 2022 via Charge ID 100592374 with Hdfc Bank Limited was fully satisfied on 22 Oct 2024.

  • Annual General Meeting

    Iota Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Iota Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 93.00 Cr with Charge ID 100592374 was registered on 01 Jul 2022.

  • Director Appointment

    Tarini Jindal Handa was appointed as a Director was appointed as a Director on 27 Oct 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Vikram Handa was appointed as a Director was appointed as a Director on 27 Oct 2021 & has been associated with this company since 3 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Iota Finance Private Limited?

    Iota Finance Private Limited was incorporated on 27 Oct 2021.

  • What is authorized share capital and paid-up capital of Iota Finance Private Limited?

    The authorized share capital of Iota Finance Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Iota Finance Private Limited?

    Currently 2 directors are associated with Iota Finance Private Limited.

    • Tarini Jindal Handa
    • Vikram Handa
  • What is the registered address of Iota Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Iota Finance Private Limited is Floor 3 Plot-46 Upadrasta House Dr. V.B. Gandhi Marg Kala Ghoda, Fort India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Iota Finance Private Limited?

    The corporate identification number (CIN) of Iota Finance Private Limited is U65999MH2021PTC370363 and the company number is 370363 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Iota Finance Private Limited?

    The Official website of Iota Finance Private Limited is https://www.epsiloncarbon.com

  • What change has been observed in the net worth of Iota Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Iota Finance Private Limited has experienced an upsurge of 2898.32%.

  • When was the last Balance Sheet of Iota Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Iota Finance Private Limited was filed with the ROC on 31 Mar 2024.

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