Ifl Enterprises Limited - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L39000GJ2009PLC151201 Incorporated 23 January 2009 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 540377 Public Limited Company trading MSME · Small
Data last updated
Market Cap
₹36.11 Cr
IFL · BSE
Share Price
₹0.30
+3.45% today
Revenue
₹71.10 Cr
FY 2025-26 · +3.8% YoY
EBITDA
−₹5.60 Cr
Margin -7.9%
Net Profit
−₹3.67 Cr
FY 2025-26 · -227.4% YoY
Authorised capital
₹130 Cr
Registered with MCA
Paid-up capital
₹124.5 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009

About Ifl Enterprises Limited

Data last updated:

Ifl Enterprises Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 23 January 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L39000GJ2009PLC151201. Its GSTIN is 24AAMCS7234H1Z6 (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 540377.

The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹124.5 Cr. It was formerly known as Sarthak Suppliers Private Limited and Ifl Enterprises Private Limited. It is led by directors including Akshaykumar Shailendra Didawala (Managing Director) and Vinaben Kanaiyalal Joshi.

Its last annual general meeting (AGM) was held on 12 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹71.1 Cr, a growth of 3.8% compared to the previous year. For the same year it recorded a net loss of ₹3.67 Cr (net margin -5.2%) and EBITDA of -₹5.6 Cr (EBITDA margin -7.9%).

The company is associated with 1 brand: IFL Enterprises. The company has 272 deals on record (270 market trades, 1 rights issue, 1 ipo); the latest was in August 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 5 overdue payments to 1 micro and small supplier.

Ifl Enterprises Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0202793). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iflenterprises.com.

Company details

CIN L39000GJ2009PLC151201
Registration Number 151201
Incorporation Date 23 January 2009
ROC Ahmedabad
Listing Status Listed - Listed on BSE (540377)
Company Status Active
Date of Last AGM 12 September 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0202793

Name history

Ifl Enterprises has undergone 3 name changes throughout its history. The company was previously known as Sarthak Suppliers Private Limited, Ifl Enterprises Private Limited, and Ifl Enterprises Limited. The current legal name is Ifl Enterprises Limited.

Company NameStatus
Ifl Enterprises LimitedCurrent
Sarthak Suppliers Private LimitedPrevious
Ifl Enterprises Private LimitedPrevious

CIN history

Ifl Enterprises has 6 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L39000GJ2009PLC151201, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L39000GJ2009PLC151201Current
L74110DL2009PLC186958Previous
L74110GJ2009PLC151201Previous
U52339DL2009PTC186958Previous
U67100DL2009PLC186958Previous
U67100DL2009PTC186958Previous
L67100DL2009PLC186958Previous

Recognitions & Rankings of Ifl Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0202793

Contact details

Ifl Enterprises Limited's registered office is in Ahmadabad City, Gujarat.

  • Registered Address
    T – F – 303 Sarthak Complex, Behind City Centre, Ahmedabad, Gujarat, India – 380009
  • Industry
    Trading, Retailers, Retail Trading
Comprehensive company report
Ifl Enterprises 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Ifl Enterprises operates one associated brand: IFL Enterprises. Each brand links to its own profile.

BrandDescriptionWebsite
Full-service stock brokerage services are provided to clients.iflenterprises.com

Business activity

The main business activity of Ifl Enterprises is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Ifl Enterprises Limited

FY 2025-26 filings available

Ifl Enterprises Limited reported revenue of ₹71.1 Cr (up 3.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹71.10 Cr
+3.8% YoY
EBITDA
−₹5.60 Cr
-483.6% YoY
Profit After Tax
−₹3.67 Cr
-227.4% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue71.1068.488.248.17
Revenue growth+3.8%+731.1%+0.9%-
EBITDA(5.60)1.460.19(0.54)
EBITDA margin-7.9%+2.1%+2.3%-6.6%
Profit before tax(3.67)3.901.410.72
Net profit(3.67)2.881.000.52
Net profit margin-5.2%+4.2%+12.1%+6.4%
EPS (₹)(0.03)0.040.040.28
Balance sheet
Total assets-81.7626.0525.01
Net worth-78.1625.7525.01
Total debt-3.600.300.00
Cash & bank-0.530.690.15
Net working capital-75.0819.4924.86
Cash flow
Cash from operations-(27.24)(1.82)(1.79)
Cash from investing-(22.90)2.43(17.78)
Cash from financing-49.97(0.05)18.28
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue29.170.008.5233.4172.1330.312.8715.30
Revenue growth (YoY)-59.6%-100.0%+196.9%+118.4%+3524.6%---
Other income0.000.000.002.232.290.00(0.15)0.32
EBITDA(11.20)(0.33)1.154.771.760.54(0.26)(0.07)
EBITDA margin-38.4%-+13.5%+14.3%+2.4%+1.8%-9.1%-0.5%
Depreciation0.000.120.100.090.130.120.160.07
Interest0.000.000.000.000.000.000.000.01
Profit before tax(11.20)(0.45)1.056.913.920.42(0.57)0.17
Tax(1.94)(0.10)0.261.760.880.00(0.15)0.15
Net profit(9.26)(0.35)0.795.153.040.42(0.42)0.02
EPS (₹)(0.07)0.000.010.930.050.01(0.01)0.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue71.1068.488.245.551.461.362.25
Revenue growth+3.8%+731.1%+48.5%+280.1%+7.4%-39.6%-
EBITDA(5.60)1.460.19(0.21)(1.27)(0.18)0.20
EBITDA margin-7.9%+2.1%+2.3%-3.8%-87.0%-13.2%+8.9%
Profit before tax(3.43)3.901.410.69(0.21)(0.11)0.27
Net profit(3.43)2.881.000.52(1.24)(0.12)0.26
Net profit margin-4.8%+4.2%+12.1%+9.4%-84.9%-8.8%+11.6%
EPS (₹)(0.03)0.040.040.28(0.71)(0.41)0.88
Balance sheet
Total assets-81.7626.0524.986.196.406.52
Net worth-78.1625.7524.986.196.406.52
Total debt-3.600.300.000.000.000.00
Cash & bank-0.530.690.131.430.050.07
Net working capital-75.3819.4918.865.455.645.69
Cash flow
Cash from operations-(27.24)(1.82)(1.99)4.01(0.21)(0.53)
Cash from investing-(22.90)2.43(17.59)(2.62)0.190.54
Cash from financing-49.97(0.05)18.280.000.000.00
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue29.170.008.5233.4120.0130.312.8715.30
Revenue growth (YoY)+45.8%-100.0%+196.9%+118.4%+905.5%---
Other income0.000.000.002.232.270.00(0.15)0.32
Total expenses40.370.337.3728.6418.7729.803.1215.33
EBITDA(11.20)(0.33)1.154.771.240.51(0.25)(0.03)
EBITDA margin-38.4%-+13.5%+14.3%+6.2%+1.7%-8.7%-0.2%
Depreciation(0.06)0.060.030.030.030.030.010.03
Interest0.000.000.000.000.000.000.000.01
Profit before tax(11.14)(0.39)1.126.973.480.48(0.41)0.25
Tax(1.94)(0.10)0.281.760.880.01(0.14)0.14

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue29.170.008.5233.4172.1330.312.8715.30
Revenue growth (YoY)-59.6%-100.0%+196.9%+118.4%+3524.6%---
Other income0.000.000.002.232.290.00(0.15)0.32
EBITDA(11.20)(0.33)1.154.771.760.54(0.26)(0.07)
EBITDA margin-38.4%-+13.5%+14.3%+2.4%+1.8%-9.1%-0.5%
Depreciation0.000.120.100.090.130.120.160.07
Interest0.000.000.000.000.000.000.000.01
Profit before tax(11.20)(0.45)1.056.913.920.42(0.57)0.17
Tax(1.94)(0.10)0.261.760.880.00(0.15)0.15
Net profit(9.26)(0.35)0.795.153.040.42(0.42)0.02
EPS (₹)(0.07)0.000.010.930.050.01(0.01)0.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue71.1068.488.248.17
Revenue growth+3.8%+731.1%+0.9%-
Other income2.232.591.321.30
Total expenses76.7067.028.058.71
Employee cost0.000.080.110.17
EBITDA(5.60)1.460.19(0.54)
EBITDA margin-7.9%+2.1%+2.3%-6.6%
Depreciation0.300.130.080.04
Interest0.000.020.020.00
Profit before tax(3.67)3.901.410.72
Tax0.001.020.410.20
Net profit(3.67)2.881.000.52
Net profit margin-5.2%+4.2%+12.1%+6.4%
EPS (₹)(0.03)0.040.040.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital-75.0325.0118.19
Reserves & surplus-3.130.746.82
Shareholders' funds (net worth)-78.1625.7525.01
Minority interest-0.000.000.00
Secured loans-0.000.000.00
Unsecured loans-3.600.300.00
Total debt-3.600.300.00
Total liabilities-81.7626.0525.01
Assets
Gross block-0.780.780.40
Net block-0.280.400.09
Capital work in progress-0.000.000.00
Investments-6.036.030.03
Inventories-0.000.491.00
Sundry debtors-53.994.894.26
Cash & bank balances-0.530.690.15
Loans & advances-40.4415.5222.94
Total current assets-94.9621.5928.35
Total current liabilities-19.882.103.49
Net working capital-75.0819.4924.86
Total assets-81.7626.0525.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash-0.690.131.43
Net cash from operating activities-(27.24)(1.82)(1.79)
Net cash from investing activities-(22.90)2.43(17.78)
Net cash from financing activities-49.97(0.05)18.28
Net change in cash-(0.17)0.56(1.28)
Closing cash-0.530.690.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+3.8%+731.1%+0.9%-
EBITDA growth-483.6%+668.4%+135.2%-
PBT growth-+176.6%+95.8%+9997.0%
Net income growth-227.4%+188.0%+92.3%-
Revenue CAGR (3Y)+105.7%---
EBITDA CAGR (3Y)+118.1%---
Profitability & leverage
Net income margin-5.2%+4.2%+12.1%+6.4%
Return on capital employed-+7.3%+5.6%+2.9%
Return on net worth-+5.5%+3.9%+2.1%
Debt / equity-0.040.010.00
Long-term debt / equity-0.040.010.00
Interest cover0.001.5018.180.00
Efficiency & per share
Fixed asset turnover-87.7913.9720.43
Inventory turnover-279.5111.068.17
Debtors turnover-2.331.801.92
EPS (₹)(0.03)0.040.040.28
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)0.001.041.0313.75
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue29.170.008.5233.4120.0130.312.8715.30
Revenue growth (YoY)+45.8%-100.0%+196.9%+118.4%+905.5%---
Other income0.000.000.002.232.270.00(0.15)0.32
Total expenses40.370.337.3728.6418.7729.803.1215.33
EBITDA(11.20)(0.33)1.154.771.240.51(0.25)(0.03)
EBITDA margin-38.4%-+13.5%+14.3%+6.2%+1.7%-8.7%-0.2%
Depreciation(0.06)0.060.030.030.030.030.010.03
Interest0.000.000.000.000.000.000.000.01
Profit before tax(11.14)(0.39)1.126.973.480.48(0.41)0.25
Tax(1.94)(0.10)0.281.760.880.01(0.14)0.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue71.1068.488.245.551.461.362.25
Revenue growth+3.8%+731.1%+48.5%+280.1%+7.4%-39.6%-
Other income2.232.591.320.921.090.110.14
Total expenses76.7067.028.055.762.731.542.05
Employee cost0.000.080.110.110.100.120.10
EBITDA(5.60)1.460.19(0.21)(1.27)(0.18)0.20
EBITDA margin-7.9%+2.1%+2.3%-3.8%-87.0%-13.2%+8.9%
Depreciation0.060.130.080.020.030.040.06
Interest0.000.020.020.000.000.000.01
Profit before tax(3.43)3.901.410.69(0.21)(0.11)0.27
Tax0.001.020.410.170.000.010.01
Net profit(3.43)2.881.000.52(1.24)(0.12)0.26
Net profit margin-4.8%+4.2%+12.1%+9.4%-84.9%-8.8%+11.6%
EPS (₹)(0.03)0.040.040.28(0.71)(0.41)0.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-75.0325.0118.193.003.003.00
Reserves & surplus-3.130.746.793.193.403.52
Shareholders' funds (net worth)-78.1625.7524.986.196.406.52
Secured loans-3.470.200.000.000.000.00
Unsecured loans-0.130.100.000.000.000.00
Total debt-3.600.300.000.000.000.00
Total liabilities-81.7626.0524.986.196.406.52
Assets
Gross block-0.690.730.360.350.350.37
Net block-0.280.400.060.070.110.17
Capital work in progress-0.000.000.000.000.000.00
Investments-6.036.036.030.000.000.00
Inventories-0.000.491.000.002.581.80
Sundry debtors-53.994.893.940.141.751.23
Cash & bank balances-0.530.690.131.430.050.07
Loans & advances-40.7415.5216.423.921.292.70
Total current assets-95.2621.5921.495.495.675.80
Total current liabilities-19.882.102.630.040.030.11
Net working capital-75.3819.4918.865.455.645.69
Total assets-81.7626.0524.986.196.406.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.690.131.430.050.070.07
Net cash from operating activities-(27.24)(1.82)(1.99)4.01(0.21)(0.53)
Net cash from investing activities-(22.90)2.43(17.59)(2.62)0.190.54
Net cash from financing activities-49.97(0.05)18.280.000.000.00
Net change in cash-(0.17)0.56(1.30)1.39(0.02)0.00
Closing cash-0.530.690.131.430.050.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.8%+731.1%+48.5%+280.1%+7.4%-39.6%-
EBITDA growth-483.6%+668.4%+190.5%+83.5%-605.6%-190.0%-
PBT growth-+176.6%+104.4%+9998.0%-90.9%-+440.0%
Net income growth-219.1%+188.0%+92.3%+141.9%-933.3%-146.2%-
Revenue CAGR (3Y)+134.0%+260.6%+82.3%+35.1%-39.6%-51.4%-11.4%
EBITDA CAGR (3Y)+198.8%---+95.5%+8.7%-
Profitability & leverage
Net income margin-4.8%+4.2%+12.1%+9.4%-14.4%-8.8%+11.6%
Return on capital employed-+7.3%+5.6%+4.4%-19.7%-1.7%+4.4%
Return on net worth-+5.5%+3.9%+3.3%-19.7%-1.9%+4.1%
Debt / equity-0.040.010.000.000.000.00
Long-term debt / equity-0.040.010.000.000.000.00
Interest cover0.001.5018.180.000.000.007.14
Efficiency & per share
Fixed asset turnover-96.4515.1215.634.173.786.62
Inventory turnover-279.5111.0611.101.130.620.88
Debtors turnover-2.331.872.721.540.912.92
EPS (₹)(0.03)0.040.040.28(0.71)(0.41)0.88
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.001.041.0313.7320.6121.3221.73

To see the full year-wise statements and ratios of Ifl Enterprises Limited, buy the company report.

Board of directors of Ifl Enterprises Limited

Ifl Enterprises has 6 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinaben Kanaiyalal JoshiDirector13 May 20224 Years 5 MonthsCurrent
Samad Ahmed KhanDirector05 Mar 20224 Years 7 MonthsCurrent
Ashish Jashvantbhai ShuklaDirector13 Dec 20250 Years 10 MonthsCurrent
Vaishali Sandeepkumar PatilDirector13 Dec 20250 Years 10 MonthsCurrent
Akshaykumar Shailendra DidawalaManaging Director08 Sep 20251 Years 1 MonthsCurrent
Pratapsinh RajputDirector05 Mar 20251 Years 7 MonthsCurrent

Deals & funding

Ifl Enterprises Limited has 272 deals on record (270 market trades, 1 rights issue, 1 ipo); the latest was in August 2025.

Total deals
272
Market trades
270
Rights issue
1
IPO
1

Deals on record (5 of 272)

WhenDealAmountParties
Aug 2025Market trade₹52.5 LakhSeller: Balmukund Tradelink Private Limited
Jul 2025Market trade₹1.41 CrBuyer: an individual
Seller: Neo Apex Share Broking Services LLP , an individual
Jul 2025Market trade₹2.22 CrBuyer: Neo Apex Share Broking Services LLP , 2 individuals
Seller: Al Maha Investment Fund Pcc - Onyx Strategy, Neo Apex Share Broking Services LLP , an individual
Jul 2025Market trade₹1.07 CrBuyer: an individual
Seller: L7 Hitech Private Limited
Jul 2025Market trade₹97 LakhSeller: L7 Hitech Private Limited

To see the full deal history of Ifl Enterprises Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ifl Enterprises Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 5 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Skyline Financial Services Private Limited

To see the full MSME payment records of Ifl Enterprises Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Ifl Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAMCS7234H1Z6GujaratActive07 May 2022

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

Recent activity

Ifl Enterprises Limited has 36 board changes on record since 2014: 9 appointments and 27 cessations. The latest: Ashish Jashvantbhai Shukla was appointed as Director on 13 Dec 2025.

Filing
Ifl Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Ashish Jashvantbhai Shukla was appointed as Director.
Appointed
Vaishali Sandeepkumar Patil was appointed as Director.
Appointed
Akshaykumar Shailendra Didawala was appointed as Managing Director.
Ceased
Abhishek Pratapkumar Thakkar ceased to be Additional Director.
Ceased
Pratapsinh Rajput ceased to be Additional Director.
Ceased
Sarang Dinesh Likhitkar ceased to be Additional Director.
Appointed
Sarang Dinesh Likhitkar was appointed as CFO.
Appointed
Pratapsinh Rajput was appointed as Director.
Appointed
Dimpleben Arajanbhai Makwana was appointed as Director.
Appointed
Meet Sureshbhai Chhatrala was appointed as Director.
Ceased
Dimpleben Arajanbhai Makwana ceased to be Additional Director.

27 earlier events are in the company report.

Frequently asked questions

Ifl Enterprises is an active public limited company based in Ahmedabad, Gujarat, India. The company works in retailers, within the trading industry. It was incorporated on 23 January 2009 (17+ years old) and is registered under CIN L39000GJ2009PLC151201. Listed on BSE: 540377.

Ifl Enterprises reported revenue of ₹71.1 Cr for FY 2025-26 (up 3.8% YoY) based on consolidated financials.

Ifl Enterprises has 6 current directors:

The latest financial statements of Ifl Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Ifl Enterprises is 24AAMCS7234H1Z6, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Ifl Enterprises is L39000GJ2009PLC151201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ifl Enterprises is a listed company as per MCA records. Its shares are listed on BSE (code: 540377).

Ifl Enterprises was incorporated on 23 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ifl Enterprises has 272 deals on record (270 market trades, 1 rights issue, 1 ipo); the latest was in August 2025.

Ashish Jashvantbhai Shukla was appointed as Director on 13 Dec 2025. Vaishali Sandeepkumar Patil was appointed as Director on 13 Dec 2025. Akshaykumar Shailendra Didawala was appointed as Managing Director on 08 Sep 2025. Ifl Enterprises has 36 board changes on record in total.

Yes, Ifl Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0202793).