Iti Finance Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2012.

2012 Mumbai, Maharashtra, India Active

Last Updated: December 31, 2025

About Iti Finance Limited

Iti Finance Limited, a active public limited company, was established on 08 September 2012 in Mumbai, Maharashtra, India. Engaging in nbfc within the electricity, gas, steam and air condition supply sector, it holds CIN: U65923MH2012PLC235450. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹74.00 Cr and a paid-up capital of ₹19.32 Cr.

It upholds a compliant status. Employing 1,437 professional, Its leadership includes Ramesh Madanlal Jain (Director), Chintan Vijay Valia (Managing Director), Nitul Nagindas Mehta (Director). Past directors included Kalyanasundaram Srinivasan, Ganesh Shiva, Pankaj Rasiklal Bhuta. It holds ₹1,476.80 Cr open charges and ₹2,278.60 Cr settled loans. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at Iti House 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai, Maharashtra, 400012.

Company Details

CIN/LLPIN
U65923MH2012PLC235450
Registration Number
235450
Incorporation Date
08 September 2012
Authorized Capital
₹74.00 Cr
Paid-Up Capital
₹19.32 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 74.00 Cr as on 31-12-2025
Paid Up Capital ₹ 19.32 Cr as on 31-12-2025
Company Age 13 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,476.80 Cr as on 31-12-2025
Satisfied Charges ₹ 2,278.60 Cr as on 31-12-2025
Revenue Growth **** 6.48% (FY 2023)
Profit Growth **** 11.62% (FY 2023)
Ebitda **** 13.42% (FY 2023)
Net Worth 1.75% (FY 2023)
Total Assets **** 22.04% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Iti Finance Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Iti Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ramesh Madanlal Jain	Director	09 Sep 2021	Current
Chintan Vijay Valia	Managing Director	10 Sep 2012	Current
Nitul Nagindas Mehta	Director	15 Jun 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	24 Sep 2012	Past
Pramod Abcsdd	Additional Director	22 Sep 2014	Past
Pramod Abcsdd	Additional Director	22 Sep 2014	Past
Pramod Abcsdd	Additional Director	27 Sep 2021	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	28 Sep 2022	Past

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Financial Performance of Iti Finance.

Iti Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.48% increase. The company also saw a substantial improvement in profitability, with a 11.62% increase in profit. The company's net worth moved up by a moderate rise of 1.75%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

6.48%

*******

Revenue from Operations

*******

3.60%

*******

Total Assets

*******

22.04%

*******

Profit or Loss

*******

11.62%

*******

Net Worth

*******

1.75%

*******

EBITDA

*******

13.42%

*******

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What is the Ownership and Shareholding Structure of Iti Finance?

In 2023, Iti Finance had a promoter holding of 63.12% and a public holding of 36.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹14,768,000,000.00

Satisfied Charges

₹22,786,000,000.00

Charges Breakdown by Lending Institutions

Others : 1426.80 Cr
Yes Bank Limited : 25.00 Cr
Indian Overseas Bank : 25.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Dec 2025	Others	₹25.00 Cr	Open
28 Nov 2025	Others	₹30.00 Cr	Open
29 Sep 2025	Others	₹35.00 Cr	Open
22 Sep 2025	Others	₹50.00 Cr	Open
28 Aug 2025	Others	₹250.00 Cr	Open

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How Many Employees Work at Iti Finance?

Iti Finance has a workforce of 1437 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Iti 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 Iti 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.

Alerts

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.

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Latest Updates, News, and FAQs on Iti Finance

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101206391 was registered on 23 Dec 2025. was recorded as a recent event.
23 Dec 2025
Charges

Progress on A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101195470 was registered on 28 Nov 2025. was documented.
28 Nov 2025
Charges

A charge registered on 01 Jun 2021 via Charge ID 100453762 with Others was fully satisfied on 10 Nov 2025. was recorded as a recent event.
10 Nov 2025
Charges

The activity A charge registered on 21 Dec 2020 via Charge ID 100405657 with Others was fully satisfied on 10 Nov 2025. was completed.
10 Nov 2025
Charges

The activity A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101171800 was registered on 29 Sep 2025. was completed.
29 Sep 2025
Charges

Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101164983 was registered on 22 Sep 2025. was documented.
22 Sep 2025

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