India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #7 Dilip Shanghvi ₹2,64,600 Cr
- #30 Venu Srinivasan ₹80,200 Cr
Authorised capital
₹500 Cr
Registered with MCA
Paid-up capital
₹197.5 Cr
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
9
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
Last AGM
25 Jul 2025
Annual general meeting
Company status
Active
MCA master data
About Indian Foundation for Quality Management
Data last updated:
Indian Foundation for Quality Management is a private not for profit company based in Bangalore, Karnataka, India. It was incorporated on 06 September 2023.
Its director Dilip Shanghvi is #7 among India's richest people (2026). Its director Venu Srinivasan is #30 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U94990KA2023NPL178280.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹197.5 Cr. It is led by directors including Dilip Shantilal Shanghvi and Srikanth Padmanabhan.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tvr Pride No. 383 16th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
The company is associated with 1 brand: Indian Foundation for Quality Management. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹100 Cr; the latest was in September 2024.
For more details, the company can be reached via its website ifqm.org.in.
Company details
CIN U94990KA2023NPL178280
Registration Number 178280
Incorporation Date 06 September 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Key People
Dilip Shantilal Shanghvi Director Srikanth Padmanabhan Director Janak Kumar Mehta Individual Subscriber Recognitions & Rankings of Indian Foundation for Quality Management
Contact details
Indian Foundation for Quality Management's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressTvr Pride No. 383 16th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
Comprehensive company report
Indian Foundation for Quality Management - 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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Brands
Indian Foundation for Quality Management operates one associated brand: Indian Foundation for Quality Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Corporate training services in quality management are provided in India. | ifqm.org.in |
Financials of Indian Foundation for Quality Management
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Indian Foundation for Quality Management, buy the company report.
Board of directors of Indian Foundation for Quality Management
Indian Foundation for Quality Management has 9 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 |
|---|---|---|---|---|
| Dilip Shantilal Shanghvi Also directs: Sun Pharmaceutical Industries Limited, Sun Pharma Advanced Research Company Limited, Sun Petrochemicals Private Limited and 3 more | Director | 02 Jan 2024 | 2 Years 10 Months | Current |
| Srikanth Padmanabhan | Director | 01 Aug 2025 | 1 Years 3 Months | Current |
| Janak Kumar Mehta Also directs: T4t Consultants LLP, Intangles Lab Private Limited, 4Esoftware Private Limited and 1 more | Individual Subscriber | 06 Sep 2023 | 3 Years 2 Months | Current |
| Sekharipuram Narayanan Subrahmanyan | Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Soumitra Bhattacharya | Director | 06 Sep 2023 | 3 Years 2 Months | Current |
| Kunnath Narayanan Radhakrishnan | Individual Subscriber | 06 Sep 2023 | 3 Years 2 Months | Current |
Showing 6 of 9 current directors. View all directors
Deals & funding
Indian Foundation for Quality Management has 2 deals on record (2 funding rounds), with disclosed funding of ₹100 Cr; the latest was in September 2024.
Total deals
2
Funding rounds
2
Disclosed funding
₹100 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Funding round | ₹12.5 Cr | Investors: Larsen and Toubro Limited |
| Mar 2024 | Funding round | ₹87.5 Cr | Investors: Boeing India Private Limited , TVS Motor Company Limited , Tata Steel Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Indian Foundation for Quality Management are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Foundation for Quality Management; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indian Foundation for Quality Management; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indian Foundation for Quality Management has 12 board changes on record since 2023: 9 appointments and 3 cessations. The latest: Srikanth Padmanabhan ceased to be Additional Director on 25 Sep 2025.
Ceased
Srikanth Padmanabhan ceased to be Additional Director.
Appointed
Srikanth Padmanabhan was appointed as Director.
AGM
Indian Foundation For Quality Management last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Filing
Indian Foundation For Quality Management has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kavita Sandeep Kaushik ceased to be Additional Director.
Appointed
Kavita Sandeep Kaushik was appointed as Director.
Appointed
Sekharipuram Narayanan Subrahmanyan was appointed as Director.
Ceased
Sekharipuram Narayanan Subrahmanyan ceased to be Additional Director.
Appointed
Chandrasekaran Natarajan was appointed as Director.
Appointed
Dilip Shantilal Shanghvi was appointed as Director.
Appointed
Janak Kumar Mehta was appointed as Individual Subscriber.
Appointed
Kunnath Narayanan Radhakrishnan was appointed as Individual Subscriber.
3 earlier events are in the company report.
News
Frequently asked questions
Indian Foundation for Quality Management is an active private not for profit company based in Bangalore, Karnataka, India. It was incorporated on 06 September 2023 (3+ years old) and is registered under CIN U94990KA2023NPL178280.
Indian Foundation for Quality Management has 9 current directors:
- Dilip Shantilal Shanghvi - Director
- Srikanth Padmanabhan - Director
- Sekharipuram Narayanan Subrahmanyan - Director
- Soumitra Bhattacharya - Director
- Kavita Sandeep Kaushik - Director
- Chandrasekaran Natarajan - Director
- Venu Srinivasan - Director
- Janak Kumar Mehta - Individual Subscriber
- Kunnath Narayanan Radhakrishnan - Individual Subscriber
The latest financial statements of Indian Foundation for Quality Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Indian Foundation for Quality Management is U94990KA2023NPL178280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Foundation for Quality Management was incorporated on 06 September 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Indian Foundation for Quality Management has 2 deals on record (2 funding rounds), with disclosed funding of ₹100 Cr; the latest was in September 2024.
Srikanth Padmanabhan ceased to be Additional Director on 25 Sep 2025. Srikanth Padmanabhan was appointed as Director on 01 Aug 2025. Kavita Sandeep Kaushik ceased to be Additional Director on 15 Dec 2024. Indian Foundation for Quality Management has 12 board changes on record in total.
Indian Foundation for Quality Management can be reached through the website ifqm.org.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Indian Foundation for Quality Management is at Tvr Pride No. 383 16th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
Indian Foundation for Quality Management has 1 associated brand: Indian Foundation For Quality Management.
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