MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0147243
Ifedora Services Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.59 Cr
▼ 21% YoY
Net profit · FY 2025
₹13.93 Cr
Net margin 15.2%
EBITDA · FY 2025
₹20.05 Cr
EBITDA margin 21.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
1,400
Provident fund records
Directors on board
3
As per MCA filings
About Ifedora Services Private Limited
Data last updated:
Ifedora Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business process outsourcing sector. It was incorporated on 16 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC109944. Its GSTIN is 24AAFCI4077D1ZS (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Tushar Jitendrabhai Patel and Prajay Jitendrabhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10/A Gokul Nagar Co – Op.Hsg.Society Ltd. Usmanpura Wadaj, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.59 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹13.93 Cr (net margin 15.2%) and EBITDA of ₹20.05 Cr (EBITDA margin 21.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 64% over five years.
The company has about 1,400 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022. Its 10 peer companies in the same principal business activity (data processing, hosting and related activities; web portal) are compared by revenue, 5 larger and 5 smaller; the largest is Achariya Techno Solutions(India) Private Limited with revenue of ₹96.45 Cr.
Ifedora Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0147243). For more details, the company can be reached via its website ifedora.com.
Company details
CIN U74999GJ2019PTC109944
Registration Number 109944
Incorporation Date 16 September 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0147243
Key People
Tushar Jitendrabhai Patel Director Prajay Jitendrabhai Patel Director Neha Prajaybhai Patel Director Recognitions & Rankings of Ifedora Services
Contact details
Ifedora Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ifedora.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10/A Gokul Nagar Co – Op.Hsg.Society Ltd. Usmanpura Wadaj, Ahmedabad, Gujarat, India – 380013
- IndustryBusiness Outsourcing, Business Process Outsourcing, Medical Transcription
To see the full contact details of Ifedora Services Private Limited, buy the company report.
Comprehensive company report
Ifedora Services Private 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 Ifedora Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Ifedora Services Private Limited, buy the company report.
Financials of Ifedora Services Private Limited
FY 2025 filings availableIfedora Services Private Limited reported revenue of ₹91.59 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹91.59 Cr ▼ 21%
Net profit · FY 2025
₹13.93 Cr margin 15.2%
EBITDA · FY 2025
₹20.05 Cr margin 21.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 9%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 12%
5 years · compounded
▲ 66%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 22% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.05 Cr | ||||
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| Net Profit (PAT) | ₹13.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 21.9% | ||||
| Net Profit Margin | 15.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ifedora Services Private Limited, buy the company report.
Board of directors of Ifedora Services Private Limited
Ifedora Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Jitendrabhai Patel | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Prajay Jitendrabhai Patel Also directs: Fedora Solutions LLP, Amicus RCM Services Private Limited | Director | 16 Sep 2019 | 7 Years 1 Months | Current |
| Neha Prajaybhai Patel Also directs: Fedora Solutions LLP | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
Peer comparison
Ifedora Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Achariya Techno Solutions(India) Private Limited | ₹96.45 Cr (FY 2018) | -70.0% | Thiruvananthapuram, Kerala, India | |||
| Excelra Knowledge Solutions Private Limited | ₹95.39 Cr (FY 2020) | 23.0% | Hyderabad, Telangana, India | |||
| Aspectratio Private Limited | ₹95.35 Cr (FY 2025) | 43.0% | Pune, Maharashtra, India | |||
| Pangea3 Legal Database Systems Private Limited | ₹94.35 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Meditab Software (India) Private Limited | ₹92.82 Cr (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| Ifedora Services Private Limitedthis company | ₹91.59 Cr (FY 2025) | ₹13.93 Cr | 15.2% | -21.0% | 1,400 | Ahmedabad, Gujarat, India |
| A3logics (India) Private Limited | ₹91.02 Cr (FY 2025) | 64.0% | Jaipur, Rajasthan, India | |||
| Tracxn Technologies Limited | ₹90.37 Cr (FY 2025) | 4.0% | Bengaluru, Karnataka, India | |||
| Systronics India Ltd | ₹90.19 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Ullu Digital Limited | ₹89.66 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Zellis HR India Private Limited | ₹89.51 Cr (FY 2025) | 16.0% | Kanayannur, Kerala, India |
To see the full peer comparison of Ifedora Services Private Limited, buy the company report.
Auditor
Ifedora Services Private Limited is audited by SHAH & SHAH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & SHAH ASSOCIATES | FY 2023 | 113742W |
Shareholding
The shareholding of Ifedora Services Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ifedora Services Private Limited, buy the company report.
Deals & funding
Ifedora Services Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ifedora Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
To see the full case history of Ifedora Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ifedora Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ifedora Services Private Limited has a workforce of 1,400 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
1,400
Active EPFO establishments
1
Employee growth
11.55%
GST
Ifedora Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI4077D1ZS | Gujarat | Active | 04 Oct 2019 |
| 27AAFCI4077D1ZM | Maharashtra | Active | 18 Dec 2021 |
To see the full GST registrations and return filing status of Ifedora Services Private Limited, buy the company report.
Recent activity
Ifedora Services Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Neha Prajaybhai Patel ceased to be Additional Director on 15 Nov 2021.
AGM
Ifedora Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ifedora Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Neha Prajaybhai Patel ceased to be Additional Director.
Appointed
Neha Prajaybhai Patel was appointed as Director.
Ceased
Jitendrabhai Chandulal Patel ceased to be Director.
Ceased
Tushar Jitendrabhai Patel ceased to be Additional Director.
Appointed
Tushar Jitendrabhai Patel was appointed as Director.
Appointed
Prajay Jitendrabhai Patel was appointed as Director.
Incorporation
16 Sep 2019
Ifedora Services Private Limited was registered on 16 Sep 2019 with Roc Ahmedabad & aged 7 years 1 month as per MCA records.
Frequently asked questions
Ifedora Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 16 September 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC109944.
Ifedora Services has 3 current directors:
- Tushar Jitendrabhai Patel - Director
- Prajay Jitendrabhai Patel - Director
- Neha Prajaybhai Patel - Director
The latest financial statements of Ifedora Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ifedora Services is 24AAFCI4077D1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCI4077D1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Ifedora Services is U74999GJ2019PTC109944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ifedora Services has 2 court cases on record: 2 filed against it.
Ifedora Services was incorporated on 16 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ifedora Services has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
The peers of Ifedora Services by revenue are Achariya Techno Solutions(India) Private Limited, Excelra Knowledge Solutions Private Limited, Aspectratio Private Limited, Pangea3 Legal Database Systems Private Limited, Meditab Software (India) Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Neha Prajaybhai Patel ceased to be Additional Director on 15 Nov 2021. Neha Prajaybhai Patel was appointed as Director on 30 Jul 2021. Jitendrabhai Chandulal Patel ceased to be Director on 11 Jul 2021. Ifedora Services has 6 board changes on record in total.
Yes, Ifedora Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0147243).