Idfc Finance Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U45201MH2000PLC271333 Incorporated 18 April 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company financial services
Data last updated
Revenue · FY 2016
₹4.3 Cr
▲ 120% YoY
Net profit · FY 2016
₹2.82 Cr
Net margin 65.6%
EBITDA · FY 2016
₹4.25 Cr
EBITDA margin 98.8%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹21 Cr
Issued & subscribed
Company age
26 yrs
Est. 2000
Directors on board
4
As per MCA filings
GST registrations
1
None active

About Idfc Finance Limited

Data last updated:

Idfc Finance Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Idfc Projects Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 18 April 2000.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2000PLC271333. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹21 Cr. It was led by directors including Bipin Narandas Gemani (Manager) and Rajeev Uberoi.

Its last annual general meeting (AGM) was held on 09 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at C – 32 G Block Naman Chambers Bandra Kurla Complex Bandra East., Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2016, the company reported a revenue of ₹4.3 Cr, a growth of 120% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 65.6%) and EBITDA of ₹4.25 Cr (EBITDA margin 98.8%).

Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 6 cases are pending.

The last known website on record is idfc.com.

Company details

CIN U45201MH2000PLC271333
Registration Number 271333
Incorporation Date 18 April 2000
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 09 September 2016
Date of Balance Sheet 31 March 2016
Parent Company Idfc Projects Limited

CIN history

Idfc Finance has one previous CIN (Corporate Identification Number): U45201DL2000PLC105292. The current CIN is U45201MH2000PLC271333, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45201MH2000PLC271333Current
U45201DL2000PLC105292Previous

Contact details

Idfc Finance Limited's registered office is in Mumbai, Maharashtra. Its website is idfc.com. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    C – 32 G Block Naman Chambers Bandra Kurla Complex Bandra East., Mumbai, Maharashtra, India – 400051
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Idfc Finance Limited, buy the company report.

Comprehensive company report
Idfc Finance Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Idfc Finance is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Idfc Finance Limited, buy the company report.

Financials of Idfc Finance Limited

FY 2016 filings available

Idfc Finance Limited reported revenue of ₹4.3 Cr (up 120% YoY) for FY 2016.

Revenue · FY 2016
₹4.3 Cr ▲ 120%
Net profit · FY 2016
₹2.82 Cr margin 65.6%
EBITDA · FY 2016
₹4.25 Cr margin 98.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 120%
EBITDA CAGR growth
1 year
▲ 121%

Revenue rose 120% in the latest year. EBITDA rose 121% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4.3 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.82 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin98.8%
Net Profit Margin65.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Idfc Finance Limited, buy the company report.

Board of directors of Idfc Finance Limited

Idfc Finance has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bipin Narandas GemaniManager21 Apr 200917 Years 6 MonthsAs last reported
Rajeev UberoiDirector27 Jul 201016 Years 3 MonthsAs last reported
Mahendra Narandas ShahDirector24 Jul 201511 Years 3 MonthsAs last reported
Sunil KakarDirector24 Mar 201115 Years 7 MonthsAs last reported

Auditor

Idfc Finance Limited is audited by Deloitte Haskins & Sells for the financial year 2016.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & SellsFY 2016

Shareholding

The shareholding of Idfc Finance Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Idfc Finance Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Idfc Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Idfc Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Idfc Finance Limited, buy the company report.

Recent activity

Idfc Finance Limited has 10 board changes on record since 2009: 4 appointments and 6 cessations. The latest: Mahendra Narandas Shah ceased to be Additional Director on 29 Sep 2015.

AGM
Idfc Finance Limited last Annual general meeting of members was held on 09 Sep 2016 as per latest MCA records.
Filing
Idfc Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Ceased
Mahendra Narandas Shah ceased to be Additional Director.
Appointed
Mahendra Narandas Shah was appointed as Director.
Ceased
Sadashiv Srinivas Rao ceased to be Nominee Director.
Ceased
Rajeev Uberoi ceased to be Additional Director.
Ceased
Sunil Kakar ceased to be Additional Director.
Ceased
Alwarthirunagari Kuppuswamy Thiruvenkata Chari ceased to be Nominee Director.
Ceased
Laxminarayanapuram Krishnan Narayan ceased to be Additional Director.
Appointed
Sunil Kakar was appointed as Director.
Appointed
Rajeev Uberoi was appointed as Director.
Appointed
Bipin Narandas Gemani was appointed as Manager.

1 earlier event is in the company report.

Frequently asked questions

Idfc Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Idfc Finance was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 18 April 2000 and is registered under CIN U45201MH2000PLC271333. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Idfc Finance was incorporated on 18 April 2000. It is registered with the Registrar of Companies, Mumbai.

Idfc Finance had 4 directors:

The CIN (Corporate Identification Number) of Idfc Finance is U45201MH2000PLC271333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Idfc Finance is at C – 32 G Block Naman Chambers Bandra Kurla Complex Bandra East., Mumbai, Maharashtra, India – 400051.

Idfc Finance can be reached through the website idfc.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Idfc Finance on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 09 September 2016. Year-wise statements from 2015 are in the company report.

No. Idfc Finance has 1 GST registration on record and it is cancelled or inactive.

Idfc Finance operated in the financial services industry, in the diversified financial services segment.