Foundation Of Independent Financial Associates - Company Profile

It is a business services public not for profit company based in Mumbai, Maharashtra, India, established in 2012.
2012 Mumbai, Maharashtra, India Active
Last Updated:
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About Foundation Of Independent Financial Associates

Foundation Of Independent Financial Associates, a active public not for profit company, was established on 15 February 2012 in Mumbai, Maharashtra, India. Engaging in other services within the business services sector, it holds CIN: U74990MH2012NPL226953. Registered under ROC Roc Mumbai. it is unlisted.

It upholds a compliant status. Its leadership includes Roopa Venkatkrishnan (Director), Dhruv Lalit Mehta (Director), Sangeeta Sunil Jhaveri (Director). Past directors included Mazhar Hussain Najmuddin Arif, Asit Haresh Bhansali, Ravi Kohli. Its latest AGM occurred on 22 August 2025, with the balance sheet filed on 31 March 2025. It is based at 7, 3Rd Floor, Rahimtoola House,, 7 Homji Street, Fort,, Mumbai, Maharashtra, 400001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74990MH2012NPL226953

  • Registration Number

    226953

  • Incorporation Date

    15 February 2012

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Company Age 14 Year, 11 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -9.20%
  • Profit Growth **** -28.98%
  • Ebitda **** -31.57%
  • Net Worth 10.43%
  • Total Assets **** 11.08%
Company report

Foundation Of Independent Financial Associates

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Foundation Of Independent Financial Associates — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Foundation Of Independent Financial Associates?
Current Directors
Name Designation Appointment Date Status
Roopa Venkatkrishnan Director 15 Feb 2012 Current
Dhruv Lalit Mehta Director 15 Feb 2012 Current
Sangeeta Sunil Jhaveri Director 15 Feb 2012 Current
Asit Haresh Bhansali Director 25 Sep 2013 Current
Gurpreet Singh Director 20 Nov 2017 Current
Sanjay Jiwandas Khatri Director 19 Mar 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Aug 2025 Past
Pramod Abcsdd Director 21 Dec 2012 Past
Pramod Abcsdd Additional Director 21 Dec 2012 Past
Pramod Abcsdd Director 25 Sep 2013 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past

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Financial Performance of Foundation Of Independent Financial Associates.

Foundation Of Independent Financial Associates, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.2% decrease. The company also saw a substantial fall in profitability, with a 28.98% decrease in profit. The company's net worth Soared by an impressive increase of 10.43%.

Foundation Of Independent Financial Associates revenue growth over time
Foundation Of Independent Financial Associates profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -9.20%
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Revenue from Operations
*******
*******
*******
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*******
*******
Total Assets
*******
 11.08%
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*******
*******
*******
Profit or Loss
*******
 -28.98%
*******
*******
*******
*******
Net Worth
*******
 10.43%
*******
*******
*******
*******
EBITDA
*******
 -31.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Foundation Of Independent Financial Associates?

Unlock access to Foundation Of Independent Financial Associates's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Foundation Of Independent Financial Associates?

Unlock and access historical data on people associated with Foundation Of Independent Financial Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Foundation Of Independent Financial Associates
Recent Activity within the Organization
  • Annual General Meeting

    The activity Foundation Of Independent Financial Associates last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Foundation Of Independent Financial Associates has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Sanjay Jiwandas Khatri was appointed as a Director was appointed as a Director on 19 Mar 2018 & has been associated with this company since 7 years 11 months . was documented.

  • Director Appointment

    Gurpreet Singh was appointed as a Director was appointed as a Director on 20 Nov 2017 & has been associated with this company since 8 years 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Vinodkumar Jain Fatehchand was appointed as a Director was appointed as a Director on 26 Aug 2016 & has been associated with this company since 9 years 6 months . was documented.

  • Director Appointment

    The activity Asit Haresh Bhansali was appointed as a Director was appointed as a Director on 25 Sep 2013 & has been associated with this company since 12 years 5 months . was completed.

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Frequently Asked Questions
What is the CIN of Foundation Of Independent Financial Associates?

The CIN of Foundation Of Independent Financial Associates is U74990MH2012NPL226953.

Where is Foundation Of Independent Financial Associates headquartered?

Foundation Of Independent Financial Associates is headquartered at 7, 3Rd Floor, Rahimtoola House,, 7 Homji Street, Fort,, Mumbai, Maharashtra, 400001.

When was Foundation Of Independent Financial Associates incorporated?

Foundation Of Independent Financial Associates was incorporated on 15 February 2012.

Who are the current directors of Foundation Of Independent Financial Associates?

The current directors of Foundation Of Independent Financial Associates are

What is the primary industry of Foundation Of Independent Financial Associates?

The primary industry of Foundation Of Independent Financial Associates is Business Services.

Is Foundation Of Independent Financial Associates a listed company?

Foundation Of Independent Financial Associates is unlisted.

What is the compliance status of Foundation Of Independent Financial Associates?

The compliance status of Foundation Of Independent Financial Associates is Compliant.

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