About
Basic Data Updated:
24 days agoNarayan Sriram Investments Pvt Ltd, now known as IFIN Securities Finance Limited (ISFL), was established in 1989. It is a Non-Banking Financial Company (NBFC) that operates primarily in the field of margin funding, providing loans against shares and property, and promoter funding. The company is a subsidiary of IFCL Financial Services Limited and is headquartered in Chennai, Tamil Nadu. In its early days, Narayan Sriram Investments Pvt Ltd was a small firm with a handful of employees. However, over the years, it has grown into a well-established NBFC with a strong presence in the financial market. The company's success can be attributed to its dedicated team of professionals who have worked tirelessly to build a reputable brand. IFIN Securities Finance Limited offers a wide range of financial services to its clients, including margin funding, which allows investors to leverage their investments and increase their buying power in the stock market. The company also provides loans against shares and property, enabling individuals and businesses to unlock the value of their assets and meet their financial needs. Moreover, ISFL also offers promoter funding, a specialized service that caters to the funding requirements of promoters and major shareholders of listed companies.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
- Apps12224421
| CIN/LLPIN/FCRN | U65991TN1989GOI017792 |
| Company No. | 017792 |
| Company Classification | Public Limited Union Government Company |
| Incorporation Date | 27 Jul 1989 |
| Date of AGM | 29 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chennai |
Financials of Ifin Securities Finance Limited
Ifin Securities Finance Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 31.93% decrease. The company also saw a substantial improvement in profitability, with a 188.7% increase in profit. The company's net worth moved up by a moderate rise of 0.24%.
Corporate Structure
Unlock access to Ifin Securities Finance'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.
People in Ifin Securities Finance Limited
Unlock and access historical data on people associated with Ifin Securities Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
KS
Karpagam Sundaramoorthy
Managing DirectorAppointment Date: 04-Oct-2022
Status: Current
PV
Pushparaj Varadarajan CFOAppointment Date: 03-Feb-2020
Status: Current
MS
Masilamani Sathyavathi Company SecretaryAppointment Date: 06-Feb-2024
Status: Current
Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Ifci Limited Creation Date: 12 Aug 2014 | ₹50.00 Cr | Open |
Others Creation Date: 18 Jul 2012 | ₹10.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ifin Securities 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 Ifin Securities Finance's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Ifin Credit Limited
Active
28 years 11 months Ramkumar Srinivasan and Karpagam Sundaramoorthy are mutual person
Ifci Financial Services Limited
Active 29 years 4 months Alan Pacheco, Karpagam Sundaramoorthy and 1 more are mutual person
Ifin Commodities Limited
Active 15 years 4 months Alan Pacheco and Karpagam Sundaramoorthy are mutual person
Recent activity within the organization
Director Appointment
Masilamani Janakiraman Sathyavathi was appointed as a Company Secretary was appointed as a Company Secretary on 06 Feb 2024 & has been associated with this company since 3 months 23 days .
06 Feb 2024Annual General Meeting
Ifin Securities Finance Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Balance Sheet
Ifin Securities Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Director Appointment
Karpagam Sundaramoorthy was appointed as a Managing Director was appointed as a Managing Director on 04 Oct 2022 & has been associated with this company since 1 year 7 months .
04 Oct 2022Charges
A charge registered on 18 Jul 2012 via Charge ID 10369637 with Others was fully satisfied on 10 Mar 2022.
10 Mar 2022
Recent News, Updates & Announcement
Siva group gave dud shares of Tata Teleservices for funds from IFIN.Business Standard 01 Jun 2019
- SEBI fines IFCI Financial Services for not complying with power of attorney norms.
The New Indian Express 16 May 2019
- IFCI to raise 3000 cr to fund growth.
The Hindu 24 Jun 2018
Frequently asked questions
What is the Incorporation or founding date of Ifin Securities Finance Limited?
