Iti Housing Finance Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 8.26 M
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 148.00 Cr
- Revenue Growth 15.12%
- Profit Growth 1552.67%
- Ebitda -4.72%
- Net Worth 4.03%
- Total Assets 62.31%
About Iti Housing Finance
Iti Housing Finance Limited (IHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 2005 and has a history of 19 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Fasttrack Housing Finance Private Limited. 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 1.50 Cr and a paid-up capital of Rs 8.26 M.
The company currently has active open charges totaling ₹148.00 Cr.
Sudhir Valia, Amol Ghute, Shradha Panchamia, and Two other members 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
U65993MH2005PLC158168
- Company No.
158168
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Iti Housing Finance Limited
Explore comprehensive data for Iti Housing Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Iti Housing Finance?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhir Valia  | Director | 10-Jun-2014 | Current |
| Amol Ghute | Director | 24-Dec-2024 | Current |
| Shradha Panchamia | Director | 14-Apr-2016 | Current |
| Ramesh Jain | Director | 28-Aug-2023 | Current |
| Mukesh Unadkat | Director | 22-Dec-2021 | Current |
Financial Performance of Iti Housing Finance.
Fasttrack Housing Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.12% increase. The company also saw a substantial improvement in profitability, with a 1552.67% increase in profit. The company's net worth moved up by a moderate rise of 4.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Iti Housing Finance?
In 2023, Iti Housing Finance had a promoter holding of 0.21% and a public holding of 99.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Suraksha Realty LimitedRamesh Jain is a mutual person
Sun Pharmaceutical Industries LimitedSudhir Valia is a mutual person
Shantilal Shanghvi FoundationSudhir Valia is a mutual person
Antique Stock Broking LimitedMukesh Unadkat is a mutual person
Suraksha Asset Reconstruction LimitedSudhir Valia is a mutual person
Sun Petrochemicals Private LimitedSudhir Valia is a mutual person
Charges (Loans)
Open Charges
₹148.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
- Sbicap Trustee Company Limited : 48.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2025 | Others | ₹100.00 Cr | Open |
| 27 Jun 2022 | Sbicap Trustee Company Limited | ₹48.00 Cr | Open |
How Many Employees Work at Iti Housing Finance?
Iti Housing Finance has a workforce of 241 employees as of Apr 08, 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 Iti Housing 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 Iti Housing Finance'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 Iti Housing Finance
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101037928 was registered on 13 Jan 2025.
- Director Appointment
Amol Bhaskarrao Ghute was appointed as a Director was appointed as a Director on 24 Dec 2024 & has been associated with this company since 4 months 10 days .
- Annual General Meeting
Iti Housing Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Iti Housing Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 48.00 Cr registered on 27 Jun 2022 with Charge ID 100590097 was modified on 30 Oct 2023.
- Director Appointment
Ramesh Madanlal Jain was appointed as a Director was appointed as a Director on 28 Aug 2023 & has been associated with this company since 1 year 8 months .
Frequently asked questions
What is the Incorporation or founding date of Iti Housing Finance Limited?
Iti Housing Finance Limited was incorporated on 20 Dec 2005.
What is authorized share capital and paid-up capital of Iti Housing Finance Limited?
The authorized share capital of Iti Housing Finance Limited is ₹ 1.50 Cr and paid-up capital is ₹ 8.26 M.
Who are the current board members & directors of Iti Housing Finance Limited?
Currently 5 directors are associated with Iti Housing Finance Limited.
- Sudhir Vrundavandas Valia
- Amol Bhaskarrao Ghute
- Shradha Jash Panchamia
- Ramesh Madanlal Jain
- Mukesh Navinchandra Unadkat
What is the registered address of Iti Housing Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Iti Housing Finance Limited is Iti House 36 Dr. R. K. Shirodkar Road, India, Parel, Maharashtra, 400012.
What is the corporate identification number (CIN) and company number of Iti Housing Finance Limited?
The corporate identification number (CIN) of Iti Housing Finance Limited is U65993MH2005PLC158168 and the company number is 158168 as per Ministry of Corporate Affairs (MCA).
What is the official website of Iti Housing Finance Limited?
The Official website of Iti Housing Finance Limited is https://www.fasttrackhfc.com
What has been the recent revenue trend for Iti Housing Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Iti Housing Finance Limited has risen by 15.12%.
How many employees does Iti Housing Finance Limited currently have?
As Per 2023 financial reports, 241 employees are currently employed by Iti Housing Finance Limited.
What change has been observed in the net worth of Iti Housing Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Iti Housing Finance Limited has experienced an upsurge of 4.03%.
What are the total open charges for Iti Housing Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Iti Housing Finance Limited amount to ₹ 148.00 Cr.
When was the last Balance Sheet of Iti Housing Finance Limited filed with the ROC?
The most recent Balance Sheet for Iti Housing Finance Limited was filed with the ROC on 31 Mar 2024.
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