Iti Limited

Manufactures telecom equipment and provides solutions for telecom service providers.

1950 | Bangaluru, Karnataka (India) | Active
Last Updated:

Iti Profile

Key Indicators

  • Authorised Capital ₹ 3,500.00 Cr
  • Paid Up Capital ₹ 960.89 Cr
  • Company Age 75 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6,907.03 Cr
  • Satisfied Charges ₹ 3,496.84 Cr
  • Revenue Growth -16.18%
  • Profit Growth 980.73%
  • Ebitda 111.94%
  • Net Worth 6.86%
  • Total Assets 7.52%

About Iti

Iti Limited (IL) was founded in India on 25 January 1950 and has a glorious history of 75 years and two months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523610 and on the National Stock Exchange(NSE) under ITI.

The Corporate was formerly known as Indian Telephone Industries Ltd. The Company is engaged in the Telecom 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 3,500.00 Cr and a paid-up capital of Rs 960.89 Cr.

The company currently has active open charges totaling ₹6,907.03 Cr. The company has closed loans amounting to ₹3,496.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Iti Limited India is Rajeev Srivastava as CFO. Rajeev Srivastava, Rajesh Rai, Kanwar Kumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L32202KA1950GOI000640

  • Company No.

    000640

  • Stock Symbol

    BSE : 523610 NSE : ITI

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    25 Jan 1950

  • Date of AGM

    08 Nov 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Telecom

What products or services does Iti Limited offer?

Iti Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Modems, Measuring Equipments & Instruments, Counting Machines, Autoclaves, Sterilizers & Incubators, UV Sterilizer and Lamps, Security & Inspection Devices, Computer Security Device, Networking Devices and Equipment, Carts, Dollies & Trolleys.

Company report

Iti Limited

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

Who are the key members and board of directors at Iti?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajesh Rai Country flag representing In Managing Director21-Feb-2023Current
Rajeev Srivastava Country flag representing In CFO04-Dec-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajeev Srivastava Country flag representing In Director and Cfo 15-Oct-2020Current
Kanwar Kumar Country flag representing In Nominee Director 20-Oct-2023Current
Venkata Chundru Country flag representing In Director 25-Jan-2024Current
Alok Shukla Nominee Director 25-Nov-2024Current
Sethuraman Jeyanthi Country flag representing In Director 28-Feb-2023Current

Financial Performance of Iti.

Iti Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.18% decrease. The company also saw a substantial improvement in profitability, with a 980.73% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.

Iti revenue growth over time
Iti 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
-16.18%
Revenue from Operations
-21.23%
Total Assets
7.52%
Profit or Loss
980.73%
Net Worth
6.86%
EBITDA
111.94%

What is the Ownership and Shareholding Structure of Iti?

In 2022, Iti had a promoter holding of 90.00% and a public holding of 9.99%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,907.03 Cr

Satisfied Charges

₹3,496.84 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 3280.53 Cr
  • State Bank Of India : 2706.50 Cr
  • Others : 450.00 Cr
  • Canara Bank : 270.00 Cr
  • Indian Bank : 200.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 May 2023Indian Bank₹50.00 CrOpen
30 Dec 2022Others₹100.00 CrOpen
26 Jul 2022Canara Bank₹120.00 CrOpen
04 Mar 2022Indian Bank₹150.00 CrOpen
26 Nov 2021Others₹350.00 CrOpen

How Many Employees Work at Iti?

Iti has a workforce of 1266 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 Iti Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Alok Shukla was appointed as a Nominee Director was appointed as a Nominee Director on 25 Nov 2024 & has been associated with this company since 4 months 20 days .

  • Annual General Meeting

    Iti Limited last Annual general meeting of members was held on 08 Nov 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Venkata Ramana Babu Chundru was appointed as a Director was appointed as a Director on 25 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Kanwar Vinod Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 20 Oct 2023 & has been associated with this company since 1 year 5 months .

  • Charges

    A charge with Indian Bank amounted to Rs. 50.00 Cr with Charge ID 100725066 was registered on 11 May 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Iti Limited?

    Iti Limited was incorporated on 25 Jan 1950.

  • What is authorized share capital and paid-up capital of Iti Limited?

    The authorized share capital of Iti Limited is ₹ 3,500.00 Cr and paid-up capital is ₹ 960.89 Cr.

  • Who are the current board members & directors of Iti Limited?

    Currently 7 directors are associated with Iti Limited.

    • Rajeev Srivastava
    • Rajesh Rai
    • Kanwar Vinod Kumar
    • Venkata Ramana Babu Chundru
    • Alok Shukla
    • Rajeev Srivastava
    • Sethuraman Jeyanthi

  • What is the registered address of Iti Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Iti Limited is Iti Bhavan Doorvaninagar, India, Bangalore, Karnataka, 560016.

  • What is the corporate identification number (CIN) and company number of Iti Limited?

    The corporate identification number (CIN) of Iti Limited is L32202KA1950GOI000640 and the company number is 000640 as per Ministry of Corporate Affairs (MCA).

  • Is Iti Limited registered with any stock exchange in India?

    Yes, Iti Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ITI.

  • What is the official website of Iti Limited?

    The Official website of Iti Limited is https://www.itiltd.in

  • What has been the recent revenue trend for Iti Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Iti Limited has fallen by -16.18%.

  • How many employees does Iti Limited currently have?

    As Per 2022 financial reports, 1266 employees are currently employed by Iti Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Iti Limited has experienced an upsurge of 6.86%.

  • What are the total open charges for Iti Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Iti Limited amount to ₹ 6,907.03 Cr.

  • When was the last Balance Sheet of Iti Limited filed with the ROC?

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

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