I-Flex Solutions Trustee Company Limited
About I-Flex Solutions Trustee Company Limited
Data last updated:
I-Flex Solutions Trustee Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 21 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2003PLC141408. Its GSTIN is 27AABCI1578H2ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Bharat Sumant Raut and Sriganesh Parthasarathy.
Its last annual general meeting (AGM) was held on 09 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Oracle Park Off Western Express Highway Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.35 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹5,999 (net margin 1.4%) and EBITDA of ₹8,209 (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
I-Flex Solutions Trustee Company Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOracle Park Off Western Express Highway Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryBusiness Services, Business Support Services
To see the full contact details of I-Flex Solutions Trustee Company Limited, buy the company report.
- 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
Business activity
The main business activity of I-Flex Solutions Trustee Company is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of I-Flex Solutions Trustee Company Limited, buy the company report.
Financials of I-Flex Solutions Trustee Company Limited
FY 2023 filings availableI-Flex Solutions Trustee Company Limited reported revenue of ₹4.35 Lakh (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 39% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹8,209 | ||||
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| Net Profit (PAT) | ₹5,999 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of I-Flex Solutions Trustee Company Limited, buy the company report.
Board of directors of I-Flex Solutions Trustee Company Limited
I-Flex Solutions Trustee Company has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Sumant Raut | Director | 26 Sep 2007 | 19 Years 1 Months | Current |
| Sriganesh Parthasarathy | Director | 22 Dec 2010 | 15 Years 10 Months | Current |
| Ramesh Pahlajrai Makhija | Director | 24 Mar 2009 | 17 Years 7 Months | Current |
Auditor
I-Flex Solutions Trustee Company Limited is audited by MUKUND M CHITALE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND M CHITALE & CO | FY 2019 | 106655W |
Shareholding
The shareholding of I-Flex Solutions Trustee Company Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of I-Flex Solutions Trustee Company Limited, buy the company report.
Legal cases
I-Flex Solutions Trustee Company Limited has 2 court cases on record: 2 filed by I-Flex Solutions Trustee Company. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company against Oracle Financial Services Software Limited | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Oracle Financial Services Software Limited | Disposed |
To see the full case history of I-Flex Solutions Trustee Company 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 I-Flex Solutions Trustee Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I-Flex Solutions Trustee Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI1578H2ZH | Maharashtra | Active | 19 Apr 2018 |
To see the full GST registrations and return filing status of I-Flex Solutions Trustee Company Limited, buy the company report.
Recent activity
I-Flex Solutions Trustee Company Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Sriganesh Parthasarathy ceased to be Additional Director on 28 Sep 2011.
Frequently asked questions
I-Flex Solutions Trustee Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 21 July 2003 (23+ years old) and is registered under CIN U74999MH2003PLC141408.
I-Flex Solutions Trustee Company has 3 current directors:
- Bharat Sumant Raut - Director
- Sriganesh Parthasarathy - Director
- Ramesh Pahlajrai Makhija - Director
The latest financial statements of I-Flex Solutions Trustee Company on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 09 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of I-Flex Solutions Trustee Company is 27AABCI1578H2ZH, registered in Maharashtra. 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 I-Flex Solutions Trustee Company is U74999MH2003PLC141408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Flex Solutions Trustee Company has 2 court cases on record: 2 filed by the company.
I-Flex Solutions Trustee Company was incorporated on 21 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Sriganesh Parthasarathy ceased to be Additional Director on 28 Sep 2011. Sriganesh Parthasarathy was appointed as Director on 22 Dec 2010. Venkatachalam Sambasivan ceased to be Director on 24 Oct 2010. I-Flex Solutions Trustee Company has 8 board changes on record in total.
The registered office of I-Flex Solutions Trustee Company is at Oracle Park Off Western Express Highway Goregaon East, Mumbai, Maharashtra, India – 400063.
I-Flex Solutions Trustee Company operates in the business services industry, in the business support services segment.
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