About Ifuture Globistic Limited
Data last updated:
Ifuture Globistic Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 20 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72100AP2018PLC108863. Its GSTIN is 37AAECI9423L1Z5 (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Ifuture Globistic Enterprise Limited. It is led by directors including Ajit Madhusudan Narappareddy (Managing Director) and Asha Narappareddy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at D.No: 39 – 22 – 18/5 First Floor Kalinga Nagar Beside Vuda East Park Madhavadhara, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.39 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹8.68 Lakh (net margin 2%) and EBITDA of ₹22.24 Lakh (EBITDA margin 5.1%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company.
For more details, the company can be reached via its website ifutureglobistic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD.No: 39 – 22 – 18/5 First Floor Kalinga Nagar Beside Vuda East Park Madhavadhara, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryTrading, Wholesale, Other Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Ifuture Globistic Limited
The main business activity of Ifuture Globistic is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ifuture Globistic Limited FY 2022 filings available
Ifuture Globistic Limited reported revenue of ₹4.39 Cr (up 117% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Ifuture Globistic Limited
Revenue rose 117% in the latest year. EBITDA rose 162% 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 of Ifuture Globistic Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.24 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.68 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Ifuture Globistic Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ifuture Globistic are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ifuture Globistic Limited
Ifuture Globistic Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rayonnant Natural Care Excellence Private Limited | ₹4.39 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Intellify Health Private Limited | ₹4.39 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Aurangabad, Maharashtra, India |
| Coal Pulz Private Limited | ₹4.39 Cr (FY 2025) | •••• | •••• | -93.0% | •••• | Guwahati, Assam, India |
| Bulbul Millers Private Limited | ₹4.39 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Karnal, Haryana, India |
| Imagineering Services Private Limited | ₹4.39 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Thane, Maharashtra, India |
| Ifuture Globistic Limited this company | ₹4.39 Cr (FY 2022) | •••• | •••• | 117.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Konark Food Kraft Private Limited | ₹4.39 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Jaipur, Rajasthan, India |
| Shri Shamlaji Sales Private Limited | ₹4.39 Cr (FY 2019) | •••• | •••• | 214.0% | •••• | Secunderabad, Telangana, India |
| Navin Dairy Private Limited | ₹4.39 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Siliguri, West Bengal, India |
| Raghu Leela Fashions Private Limited | ₹4.39 Cr (FY 2024) | •••• | •••• | 4563.0% | •••• | Bhilwara, Rajasthan, India |
| Jirawala Textiles Private Limited | ₹4.39 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ifuture Globistic by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ifuture Globistic Limited
Ifuture Globistic Limited is audited by P R VARMA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R VARMA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ifuture Globistic Limited
Ifuture Globistic has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Narappareddy | Director | 20 Jul 2018 | 8 Years 2 Months | Current |
| Ajit Madhusudan Narappareddy Also directs: Ifuture Globistic Agro & Aqua Limited | Managing Director | 25 Nov 2021 | 4 Years 10 Months | Current |
| Basanti Lakshmi Narappareddy Also directs: Ifuture Globistic Agro & Aqua Limited | Director | 20 Jul 2018 | 8 Years 2 Months | Current |
| Soma Sekhar Titti Also directs: Ifuture Globistic Agro & Aqua Limited | Director | 20 Jul 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Ifuture Globistic Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ifuture Globistic Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2021 | Canara Bank | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Ifuture Globistic Limited
Ifuture Globistic Limited has 3 court cases on record: 2 filed by Ifuture Globistic, 1 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed by the company against Mendu Infrastructure Projects Private Limited | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed by the company against Mendu Infrastructure Projects Private Limited | Disposed |
| High Court of Andhra Pradesh | Court case (CRLP) | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ifuture Globistic Limited
Employment history and EPFO contributions of people linked to Ifuture Globistic.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Ifuture Globistic Limited
Ifuture Globistic has one previous CIN (Corporate Identification Number): U15400AP2018PLC108863. The current CIN is U72100AP2018PLC108863, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100AP2018PLC108863 | Current |
| U15400AP2018PLC108863 | Previous |
Recent Activity on Ifuture Globistic Limited
Ifuture Globistic Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Ramani Prasanthi Bhagavatula ceased to be Director on 04 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ifuture Globistic Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ifuture Globistic Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ifuture Globistic Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ifuture Globistic Limited
Ifuture Globistic has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECI9423L1Z5 | Andhra Pradesh | Active | 21 Dec 2018 |
| 29AAECI9423L1Z2 | Karnataka | Active | 21 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ifuture Globistic Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ifuture Globistic Limited
Ifuture Globistic is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in wholesale, within the trading industry. It was incorporated on 20 July 2018 (8+ years old) and is registered under CIN U72100AP2018PLC108863.
Ifuture Globistic reported revenue of ₹4.39 Cr for FY 2022 (up 117% YoY).
Ifuture Globistic has 4 current directors:
- Ajit Madhusudan Narappareddy - Managing Director
- Asha Narappareddy - Director
- Basanti Lakshmi Narappareddy - Director
- Soma Sekhar Titti - Director
Ifuture Globistic reported a net profit of ₹8.68 Lakh (net margin 2%) and EBITDA of ₹22.24 Lakh (EBITDA margin 5.1%) for FY 2022, as per its filed financial statements.
The GSTIN of Ifuture Globistic is 37AAECI9423L1Z5, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECI9423L1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Ifuture Globistic is U72100AP2018PLC108863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ifuture Globistic has 3 court cases on record: 2 filed by the company. Most are in the district courts.
Ifuture Globistic was incorporated on 20 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Ifuture Globistic by revenue are Rayonnant Natural Care Excellence Private Limited, Intellify Health Private Limited, Coal Pulz Private Limited, Bulbul Millers Private Limited, Imagineering Services Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Ramani Prasanthi Bhagavatula ceased to be Director on 04 Aug 2023. Ajit Madhusudan Narappareddy ceased to be Additional Director on 26 Nov 2021. Ajit Madhusudan Narappareddy was appointed as Managing Director on 25 Nov 2021. Ifuture Globistic has 7 board changes on record in total.
Ifuture Globistic can be reached through the website ifutureglobistic.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.