Kifs Housing Finance Limited

Provides housing finance solutions for MIG and LIG customers through home loans and loan against properties.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Kifs Housing Finance Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 249.99 Cr
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 924.80 Cr
  • Satisfied Charges ₹ 136.35 Cr
  • Revenue Growth 22.53%
  • Profit Growth 4.75%
  • Ebitda 13.95%
  • Net Worth 4.57%
  • Total Assets 6.31%

About Kifs Housing Finance

Kifs Housing Finance Limited (KHFL) is a Public Limited Indian Non-Government Company incorporated in India on 16 November 2015 (Nine years and two months 17 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Kifs 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 250.00 Cr and a paid-up capital of Rs 249.99 Cr.

The company currently has active open charges totaling ₹924.80 Cr. The company has closed loans amounting to ₹136.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kifs Housing Finance Limited India are Vikki Soni as CFO and Samrudhi Shetty as Company Secretary. Satish Mehta, Rajesh Khandwala, Vimal Khandwala, and Three 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

    U65922GJ2015PLC085079

  • Company No.

    085079

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2015

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Kifs Housing Finance?

Executive Team (4)

NameDesignationAppointment DateStatus
Rajesh Khandwala Country flag representing In Managing Director16-Nov-2015Current
Vimal Khandwala Country flag representing In Managing Director16-Nov-2015Current
Vikki Soni Country flag representing In CFO18-Jul-2022Current
Samrudhi Shetty Company Secretary20-Mar-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Vikas Kumar Country flag representing In Director 17-Jun-2024Current
Kushal Khandwala Country flag representing In Whole-Time Director 20-Mar-2023Current
Satish Mehta Country flag representing In Director 30-Nov-2022Current
Missbhavna Desai Country flag representing In Director 01-Dec-2020Current

Financial Performance of Kifs Housing Finance.

Kifs Housing Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.53% increase. The company also saw a slight improvement in profitability, with a 4.75% increase in profit. The company's net worth moved up by a moderate rise of 4.57%.

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
22.53%
Revenue from Operations
22.53%
Total Assets
6.31%
Profit or Loss
4.75%
Net Worth
4.57%
EBITDA
13.95%

What is the Ownership and Shareholding Structure of Kifs Housing Finance?

In 2022, Kifs Housing Finance had a promoter holding of 99.80% and a public holding of 0.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹924.80 Cr

Satisfied Charges

₹136.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 755.30 Cr
  • State Bank Of India : 84.50 Cr
  • Hdfc Bank Limited : 25.00 Cr
  • Canara Bank : 25.00 Cr
  • Tata Capital Financial Services Limited : 20.00 Cr
  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2024Others₹35.00 CrOpen
11 Sep 2024Others₹20.00 CrOpen
29 Jun 2024Others₹35.00 CrOpen
29 May 2024Others₹50.00 CrOpen
23 Jan 2024State Bank Of India₹30.00 CrOpen

How Many Employees Work at Kifs Housing Finance?

Kifs Housing Finance has a workforce of 528 employees as of Apr 04, 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 Kifs 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 Kifs Housing Finance'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 Housing Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100993456 was registered on 15 Oct 2024.

    15 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100975100 was registered on 11 Sep 2024.

    11 Sep 2024

  • Annual General Meeting

    Kifs Housing Finance Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Charges

    A charge with Others of Rs. 160.00 Cr registered on 27 Dec 2023 with Charge ID 100846114 was modified on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge registered on 30 Sep 2019 via Charge ID 100295460 with Others was fully satisfied on 31 Jul 2024.

    31 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100948402 was registered on 29 Jun 2024.

    29 Jun 2024

Frequently asked questions

  • Kifs Housing Finance Limited was incorporated on 16 Nov 2015.

  • The authorized share capital of Kifs Housing Finance Limited is ₹ 250.00 Cr and paid-up capital is ₹ 249.99 Cr.

  • Currently 8 directors are associated with Kifs Housing Finance Limited.

    • Satish Gordhan Mehta
    • Rajesh Parmanand Khandwala
    • Vimal Parmanand Khandwala
    • Vikas Kumar
    • Kushal Jayesh Khandwala
    • Missbhavna Govindbhai Desai
    • Vikki Vijay Soni
    • Samrudhi Satish Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kifs Housing Finance Limited is 6Th Floor Kifs Corporate House Beside Hotel Planet Landmark Near Ashok Vatika Brts Bodakdev Iskon-Ambli Road Ambli Ahmedabad, . India, Ahmadabad City, Gujarat, 380054.

  • The corporate identification number (CIN) of Kifs Housing Finance Limited is U65922GJ2015PLC085079 and the company number is 085079 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kifs Housing Finance Limited is https://www.kifshousing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kifs Housing Finance Limited has risen by 22.53%.

  • As Per 2023 financial reports, 528 employees are currently employed by Kifs Housing Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kifs Housing Finance Limited has experienced an upsurge of 4.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kifs Housing Finance Limited amount to ₹ 924.80 Cr.

  • The most recent Balance Sheet for Kifs Housing Finance Limited was filed with the ROC on 31 Mar 2024.

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