Ivy Product Intermediaries Limited

Marketing and distributing financial products and services for banks through non-fund/fee based activities.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: July 01, 2024

Ivy Product Intermediaries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.21 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.40 Cr
  • Revenue Growth 7.29%
  • Profit Growth -23.86%
  • Ebitda -602.68%
  • Net Worth 2.65%
  • Total Assets 2.59%

About Ivy Product Intermediaries

Ivy Product Intermediaries Limited (IPIL) is a Public Limited Indian Non-Government Company incorporated in India on 04 February 1987 and has a history of 37 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ing Vysya Financial Services 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.21 Cr.

The company currently has active open charges totaling ₹1.40 Cr.

The Key Managerial Personnel (KMP) at Ivy Product Intermediaries Limited India is Nishad Datar as COMPANY SECRETARY. Thakur Bhaskar, Ambuj Chandna, and Chetan Desai 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

    U85110MH1987PLC294572

  • Company No.

    294572

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 1987

  • Date of AGM

    07 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Ivy Product Intermediaries?

Executive Team (1)

NameDesignationAppointment DateStatus
Nishad Datar Country flag representing In Company Secretary24-Apr-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Thakur Bhaskar Additional Director 08-Mar-2024Current
Ambuj Chandna Country flag representing In Director 11-Nov-2014Current
Chetan Desai Country flag representing In Director 28-Mar-2016Current

Financial Performance of Ivy Product Intermediaries.

Ivy Product Intermediaries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.29% increase. The company also saw a substantial fall in profitability, with a 23.86% decrease in profit. The company's net worth moved up by a moderate rise of 2.65%.

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
7.29%
Revenue from Operations
Total Assets
2.59%
Profit or Loss
-23.86%
Net Worth
2.65%
EBITDA
-602.68%

What is the Ownership and Shareholding Structure of Ivy Product Intermediaries?

In 2023, Ivy Product Intermediaries 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

₹1.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Vysya Bank Ltd. : 1.30 Cr
  • The Karur Vysya Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 1989The Vysya Bank Ltd.₹1.30 CrOpen
01 Jul 1988The Karur Vysya Bank Ltd.₹1.00 MOpen

How Many Employees Work at Ivy Product Intermediaries?

Ivy Product Intermediaries has a workforce of 0 employees as of Apr 05, 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 Ivy Product Intermediaries, 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 Ivy Product Intermediaries'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 Ivy Product Intermediaries

Recent activity within the organization

  • Director Appointment

    Thakur Bhaskar was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2024 & has been associated with this company since 10 months 24 days .

    08 Mar 2024

  • Annual General Meeting

    Ivy Product Intermediaries Limited last Annual general meeting of members was held on 07 Jul 2023 as per latest MCA records.

    07 Jul 2023

  • Director Appointment

    Nishad Datar was appointed as a Company Secretary was appointed as a Company Secretary on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

  • Balance Sheet

    Ivy Product Intermediaries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Chetan Prabodh Desai was appointed as a Director was appointed as a Director on 28 Mar 2016 & has been associated with this company since 8 years 10 months .

    28 Mar 2016

  • Director Appointment

    Ambuj Chandna was appointed as a Director was appointed as a Director on 11 Nov 2014 & has been associated with this company since 10 years 2 months .

    11 Nov 2014

Frequently asked questions

  • Ivy Product Intermediaries Limited was incorporated on 04 Feb 1987.

  • The authorized share capital of Ivy Product Intermediaries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.21 Cr.

  • Currently 4 directors are associated with Ivy Product Intermediaries Limited.

    • Nishad Datar
    • Thakur Bhaskar
    • Ambuj Chandna
    • Chetan Prabodh Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ivy Product Intermediaries Limited is 27 BkcC 27 G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Ivy Product Intermediaries Limited is U85110MH1987PLC294572 and the company number is 294572 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ivy Product Intermediaries Limited has risen by 7.29%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ivy Product Intermediaries Limited has experienced an upsurge of 2.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ivy Product Intermediaries Limited amount to ₹ 1.40 Cr.

  • The most recent Balance Sheet for Ivy Product Intermediaries Limited was filed with the ROC on 31 Mar 2023.

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