Iotfy Solutions Private Limited

IoT platform for appliances and electronics with pre-configured protocols, device schemas, and visualizations.

2017 | Delhi (India) | Active
Last Updated: October 23, 2024

Iotfy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth 28.80%
  • Profit Growth 167.21%
  • Ebitda 158.47%
  • Net Worth 97.23%
  • Total Assets 121.62%

About Iotfy Solutions

Iotfy Solutions Private Limited (ISPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 May 2017 (Seven years and eight months 10 days old ). Its registered office is in Delhi, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.00 Cr.

Arpit Chhabra, Smriti, and Sushant Taneja serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2017PTC318155

  • Company No.

    318155

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2017

  • Date of AGM

    29 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

E-Commerce

What products or services does Iotfy Solutions Private Limited offer?

Iotfy Solutions Private Limited offers a wide range of products and services, including Adaptors, Plugs & Sockets, Plugs.

Who are the key members and board of directors at Iotfy Solutions?

Board Members (3)

Name Designation Appointment Date Status
Arpit Chhabra Country flag representing In Director 25-May-2017 Current
Smriti Country flag representing In Director 04-Jul-2022 Current
Sushant Taneja Country flag representing In Director 25-May-2017 Current

Financial Performance of Iotfy Solutions.

Iotfy Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.8% increase. The company also saw a substantial improvement in profitability, with a 167.21% increase in profit. The company's net worth Soared by an impressive increase of 97.23%.

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
28.80%
Revenue from Operations
28.86%
Total Assets
121.62%
Profit or Loss
167.21%
Net Worth
97.23%
EBITDA
158.47%

What is the Ownership and Shareholding Structure of Iotfy Solutions?

In 2023, Iotfy Solutions 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)

Open Charges

₹40.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.00 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2023 Axis Bank Limited ₹3.00 Cr Open
10 Jun 2022 Hdfc Bank Limited ₹1.00 Cr Open

How Many Employees Work at Iotfy Solutions?

Unlock and access historical data on people associated with Iotfy Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iotfy 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 Iotfy Solutions'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 Iotfy Solutions

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 30.00 M registered on 15 Sep 2023 with Charge ID 100789363 was modified on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 M with Charge ID 100789363 was registered on 15 Sep 2023.

    15 Sep 2023

  • Annual General Meeting

    Iotfy Solutions Private Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.

    29 Aug 2023

  • Balance Sheet

    Iotfy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Smriti was appointed as a Director was appointed as a Director on 04 Jul 2022 & has been associated with this company since 2 years 7 months .

    04 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100585107 was registered on 10 Jun 2022.

    10 Jun 2022

Frequently asked questions

  • Iotfy Solutions Private Limited was incorporated on 25 May 2017.

  • The authorized share capital of Iotfy Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Iotfy Solutions Private Limited.

    • Arpit Chhabra
    • Smriti
    • Sushant Taneja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iotfy Solutions Private Limited is Unit No. 411 4 Th Floor D-21 Corporate Park Sector 21, Dwarka India, New Delhi, 110077.

  • The corporate identification number (CIN) of Iotfy Solutions Private Limited is U74999DL2017PTC318155 and the company number is 318155 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Iotfy Solutions Private Limited is https://www.iotfy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Iotfy Solutions Private Limited has risen by 28.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Iotfy Solutions Private Limited has experienced an upsurge of 97.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Iotfy Solutions Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Iotfy Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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