
Ifcl Private Limited
About Ifcl Private Limited
Data last updated:
Ifcl Private Limited is a private limited company based in Chandigarh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921CH1982PTC005011. Its GSTIN is 04AAACI7968J1Z8 (Chandigarh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83.31 Lakh. It was formerly known as Industrial and Finance Consultants Pvt Ltd. It is led by directors including Deepti Mahajan Batra and Shilpa Mahajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at SCO 61 Sector 26 Chandigarh, Chandigarh, India – 160019.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹26.55 Lakh (net margin -25.9%) and EBITDA of -₹24.42 Lakh (EBITDA margin -23.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹45.09 Cr on record. Court records list 52 cases involving the company, including 28 filed by the company and 24 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ifcl has undergone 2 name changes throughout its history. The company was previously known as Industrial And Finance Consultants Pvt Ltd, and Ifcl Private Limited. The current legal name is Ifcl Private Limited.
| Company Name | Status |
|---|---|
| Ifcl Private Limited | Current |
| Industrial And Finance Consultants Pvt Ltd | Previous |
CIN history
Ifcl has one previous CIN (Corporate Identification Number): U65921CH1982PLC005011. The current CIN is U65921CH1982PTC005011, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921CH1982PTC005011 | Current |
| U65921CH1982PLC005011 | Previous |
Contact details
Ifcl Private Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressSCO 61 Sector 26 Chandigarh, Chandigarh, India – 160019
- IndustryFinancial Services, Diversified Financial Services
- 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 Ifcl 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 Ifcl Private Limited, buy the company report.
Financials of Ifcl Private Limited
FY 2025 filings availableIfcl Private Limited reported revenue of ₹1.02 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 159% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹24.42 Lakh | ||||
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| Net Profit (PAT) | -₹26.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.8% | ||||
| Net Profit Margin | -25.9% | ||||
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To see the full financial statements and ratios of Ifcl Private Limited, buy the company report.
Board of directors of Ifcl Private Limited
Ifcl has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepti Mahajan Batra Also directs: Dr I T M Private Limited, Planet Infosystems Private Limited, Khanna Finvest Private Limited and 2 more | Director | 28 May 2006 | 20 Years 4 Months | Current |
| Shilpa Mahajan Also directs: Dr I T M Private Limited, Planet Infosystems Private Limited, Khanna Finvest Private Limited and 2 more | Director | 28 May 2006 | 20 Years 4 Months | Current |
| Sugan Aggarwal Also directs: Planet Infosystems Private Limited | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2023 | 100800564 | Others | ₹45.09 Cr | Open | |
| 11 Jan 1984 | 90176783 | Bank of India | ₹25,000 | Open |
Total charge records: 2 View all charges
Legal cases
Ifcl Private Limited has 52 court cases on record: 28 filed by Ifcl, 24 filed against it. 11 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 15 | 2 |
| District courts | 24 | 8 | 8 |
| NCLAT | 2 | 1 | 1 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by VMR Textiles Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Rmol Engineering and Offshore Ltd | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Girnar Fibres Ltd. | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Rocksand Minerals Pvt.Ltd. | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by M/S. V.M.R.Textiles Pvt. Ltd., | Disposed |
To see the full case history of Ifcl Private 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 Ifcl Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ifcl has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACI7968J1Z8 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ifcl Private Limited, buy the company report.
Recent activity
Ifcl Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Rekha Mahajan ceased to be Director on 02 Aug 2013.
Frequently asked questions
Ifcl is an active private limited company based in Chandigarh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 June 1982 (44+ years old) and is registered under CIN U65921CH1982PTC005011.
Ifcl has 3 current directors:
- Deepti Mahajan Batra - Director
- Shilpa Mahajan - Director
- Sugan Aggarwal - Director
The latest financial statements of Ifcl on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ifcl is 04AAACI7968J1Z8, registered in Chandigarh.
The CIN (Corporate Identification Number) of Ifcl is U65921CH1982PTC005011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ifcl has 52 court cases on record: 28 filed by the company and 24 filed against it. 11 are pending. Most are in the high courts.
Ifcl was incorporated on 21 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rekha Mahajan ceased to be Director on 02 Aug 2013. Sugan Aggarwal was appointed as Director on 01 Aug 2013. Suresh Sawhney ceased to be Director on 23 Mar 2010. Ifcl has 5 board changes on record in total.
The registered office of Ifcl is at SCO 61 Sector 26 Chandigarh, Chandigarh, India – 160019.
Ifcl operates in the financial services industry, in the diversified financial services segment.