Kifs Financial Services Limited

Provides loans against shares, IPO/FPO funding, and margin trading as an NBFC registered with RBI.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 20, 2024

Kifs Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.82 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -6.00%
  • Profit Growth 4.41%
  • Ebitda -5.96%
  • Net Worth 12.38%
  • Total Assets 6.46%

About Kifs Financial Services

Kifs Financial Services Limited (KFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 March 1995 and has a history of 29 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 535566.

The Corporate was formerly known as Khandwala Capital 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 11.00 Cr and a paid-up capital of Rs 10.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kifs Financial Services Limited India are Bhavik Shah as CFO and Durgesh Soni as Company Secretary. Dixit Shah, Rajesh Parekh, Sharvil Suthar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67990GJ1995PLC025234

  • Company No.

    025234

  • Stock Symbol

    BSE : 535566

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1995

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Kifs Financial Services?

Executive Team (3)

Name Designation Appointment Date Status
Bhavik Shah Country flag representing In CFO 27-May-2014 Current
Durgesh Soni Country flag representing In Company Secretary 24-May-2016 Current
Rajesh Khandwala Country flag representing In Managing Director 31-Jul-2010 Current

Board Members (7)

Name Designation Appointment Date Status
Sharvil Suthar Country flag representing In Director 29-Jun-2020 Current
Dixit Shah Country flag representing In Director 14-Aug-2023 Current
Rajesh Parekh Country flag representing In Director 14-Aug-2023 Current
Devang Shah Country flag representing In Director 28-Dec-2002 Current
Sonal Khandwala Country flag representing In Director 27-May-2014 Current
Dharmendra Soni Country flag representing In Director 28-Dec-2002 Current

Financial Performance of Kifs Financial Services.

Kifs Financial Services Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6% decrease. The company also saw a slight improvement in profitability, with a 4.41% increase in profit. The company's net worth Soared by an impressive increase of 12.38%.

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
-6.00%
Revenue from Operations
-6.09%
Total Assets
6.46%
Profit or Loss
4.41%
Net Worth
12.38%
EBITDA
-5.96%

What is the Ownership and Shareholding Structure of Kifs Financial Services?

In 2023, Kifs Financial Services had a promoter holding of 74.41% and a public holding of 25.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Kifs Financial Services?

Unlock and access historical data on people associated with Kifs Financial Services, 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 Kifs Financial Services, 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 Kifs Financial Services'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 Kifs Financial Services

Recent activity within the organization

  • Annual General Meeting

    Kifs Financial Services Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Kifs Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Vimal Parmanand Khandwala was appointed as a Director was appointed as a Director on 25 Jan 2021 & has been associated with this company since 4 years 6 days .

    25 Jan 2021

  • Director Appointment

    Sonal Rajesh Khandwala was appointed as a Director was appointed as a Director on 27 May 2014 & has been associated with this company since 10 years 8 months .

    27 May 2014

  • Director Appointment

    Rajesh Parmanand Khandwala was appointed as a Managing Director was appointed as a Managing Director on 31 Jul 2010 & has been associated with this company since 14 years 6 months .

    31 Jul 2010

  • Director Appointment

    Devang Manubhai Shah was appointed as a Director was appointed as a Director on 28 Dec 2002 & has been associated with this company since 22 years 1 month .

    28 Dec 2002

Recent News, Updates & Announcement

Frequently asked questions

  • Kifs Financial Services Limited was incorporated on 29 Mar 1995.

  • The authorized share capital of Kifs Financial Services Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.82 Cr.

  • Currently 10 directors are associated with Kifs Financial Services Limited.

    • Dixit Dipakkumar Shah
    • Bhavik J Shah
    • Durgesh Dulichand Soni
    • Rajesh Gopaldas Parekh
    • Sharvil Bharat Kumar Suthar
    • Devang Manubhai Shah
    • Sonal Rajesh Khandwala
    • Dharmendra Navnitlal Soni
    • Vimal Parmanand Khandwala
    • Rajesh Parmanand Khandwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kifs Financial Services Limited is B-81 Pariseema Complex Ellisbridge, C. G. Road, Ahmedabad, Gujarat, India, 380006.

  • The corporate identification number (CIN) of Kifs Financial Services Limited is L67990GJ1995PLC025234 and the company number is 025234 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kifs Financial Services Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Kifs Financial Services Limited is https://www.kifsfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kifs Financial Services Limited has fallen by -6.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kifs Financial Services Limited has experienced an upsurge of 12.38%.

  • The most recent Balance Sheet for Kifs Financial Services Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on NBFC